In the years since the financial crisis of 2007-2009, expectations and requirements for financial institutions have changed dramatically. Aside from technical issues, such as changes to capital requirements, there is an increased expectation of revitalised oversight of risk issues by the board and executive management.
Risk Management at the Top supports Non-Executive Directors and executive management in this by giving a comprehensive and succinct, nontechnical overview of risk and its governance in financial institutions. It outlines a number of governance perspectives, for the board and executive management, before exploring the main risk types experienced by banks. Key terminology and concepts are defined and explained, enabling improved communication between NEDs, executive management and the risk managers. Each chapter also contains a detailed bibliography to enable wider reading around the areas discussed.
By reading Risk Management at the Top, current and aspiring Non-Executive Directors will receive a thorough grounding in all the relevant elements of risk, enabling them to participate effectively in its oversight and management.
