The Operational Risk Handbook for Financial Companies

With The Operational Risk Handbook, Brian Barnier presents a value packed guidebook for both the practitioner and the novice. Tightly written, the Handbook gives the reader a good grounding in the detail of risk, taking time to explain fundamental concepts such as how to calculate the probability of failure, and provide references to frameworks and industry guidance for identifying and managing risk. Brian brings the subject matter to life with examples, illustrations, and a wealth of experience. The Handbook is a good investment and easy read for those who need come up to speed on Operational Risk and obtain a broad overview of this important, but not yet widely understood, major risk type.Jonathan Rosenoer - Head of Operational Risk, Bank of the West