Banking and Financial Services: Risk Factors and Mitigation
Description
Comprehensive analysis of risk factors in BFSI, including credit risk, market risk, operational risk, cyber risk, and emerging risks, as well as frameworks and strategies for risk management and mitigation.
Learning Objectives
Enable IT professionals to identify, evaluate and mitigate traditional and emerging risks in BFSI, design risk management frameworks, implement risk controls and use technology to monitor and reduce risk exposure.
Topics (8)
Examines sources of credit risk, borrower assessment, probability of default, credit risk scoring, collateral management, and technology solutions for risk mitigation.
VaR (value at risk), stress testing, scenario analysis, hedging instruments, portfolio impact analysis, and risk technology platforms.
Sources of operational risk (process gaps, system failures, fraud, people risk), Basel operational risk frameworks, risk controls, technology-based monitoring.
Threat types, incident response, threat intelligence, cyber insurance, penetration testing, regulatory requirements, and cyber hygiene.
Types of fraud (payments, trade, identity theft), prevention analytics, fraud detection software, alerting and SARs, regulatory compliance.
Risk assessment, vendor onboarding, SLAs, risk scoring, due diligence, regulatory scrutiny, continuous monitoring and technology controls.
Predictive analytics, machine learning models, risk scoring, real-time risk dashboards, automated reporting, and regulatory adoption of AI.
COSO ERM, Basel Accord, risk appetite, key risk indicators (KRIs), risk governance, reporting, risk culture and digital risk programs.