Читать книгу Risk Management in Banking - Bessis Joël - Страница 7

For risk managers and regulators of banks, risk refers to the uncertainty of outcomes and to the negative consequences that it may have on a firm, and both aim at enhancing the resiliency of firms to adverse situations. As a result of their efforts, risks became better identified, assessed and monitored, risk practices improved and risk models became more widespread. Today, risk management has become a core central function for financial firms, banks, funds and insurance companies.

This introductory chapter presents the definitions of financial risks in banking and introduces typical organizations of the risk management function in banks, defining who should be accountable for risk controlling and processes.