What is risk management?

Question

in banking field

Answer 1

This relate to how the bank manage all the risks related to its activities from operation (employees fraud, etc.) to more sophisticated financial risk (risk related to the bank loans and investments, etc.)

Answer 2

• Reduce waste

• Create solutions

• Complete projects on time

• Improve efficiency

• Document the right requirements

• Credit risk valuation

• Fraud prevention

• Best performance

• Price & profitability balance

• Credit scoring

• Customer Retention

Answer 3

Risk Management is the evaluation of potential returns and potential losses of a decision.