Operational risk professionals have found themselves experiencing an evolution within the scope of their professional lives. They have had to become more strategic than managerial, with their role expanding to include a broader set of skills and array of responsibilities than ever before. Operational risk managers are faced with more intensive regulation, the acceleration of technology and cyber risks, and an increasing demand for continuity between strategic initiatives and operational risk reports, particularly when it comes to communication with the board. If not properly identified and managed, emerging operational risks can have devastating effects on an organisation. However, the identification of these risks isn’t easy, and operational risk managers are looking for ways to update their analytics to help provide insight into emerging risk trends. In Operational Risk Perspectives: Cyber, Big Data, and Emerging Risks, editors D.R. Maurice and Jitendra Rathod assemble a team of experts who examine the latest of these operational risk issues, from cyber to block chain to cross-border information sharing and beyond. Contributors include: Sanjay Sharma (Chief Risk Officer, Global Arbitrage and Trading, RBC Capital Markets); Pankaj Singal (VP, Citibank); Samantha Roberts (SVP, Retail Credit Modeling, PNC); Rajat Baijal (Head of Enterprise Risk, Cantor Fitzgerald/BGC Partners); and Richard Cech (Senior Bank Examiner, the Federal Reserve Bank of New York).
