Operational Risk Decision-Making Framework

摘要

A system and method for calculating a quantitative operational risk score and assisting an organization in the risk decision-making process is disclosed. The method may include identifying a plurality of instances of operational risk relevant to the organization to scrutinize, and storing the list of instances of operational risk in computer memory. For each instance of operational risk, the system may provide a rating value for each risk rating input category, and storing the rating values in computer memory. A processor of the system may calculate an operational risk score for each instance of operational risk in the list, and generate/display a risk decision-making matrix/chart. In addition, the system may calculate a portfolio/aggregated operational risk score for each portfolio of related instances of operational risk, and generate/display a risk decision-making matrix/chart accordingly for the portfolio scores.

主权项

1. An apparatus configured to assist in operational risk decision-making, comprising:
at least one processor coupled to at least one computer memory and configured to execute a plurality of modules stored in the memory; and the at least one memory storing the plurality of modules comprising:
an identification module configured to select a plurality of instances of operational risk and store the selections in memory;a rating module configured to receive rating values;a risk score calculation module configured to calculate operational risk scores for individual instances of operational risk and portfolio of risks;a risk decision-making matrix generation module configured to generate a visual representation including the calculated risk scores; anda monitor module to monitor particular instances of operational risk from among the instances of operational risk at regular intervals to re-assess the operational risk score.