- ホーム
- > 洋書
- > 英文書
- > Business / Economics
Full Description
Balanced, practical risk management for post - financial crisis institutions A Risk Professional's Survival Guide fills a critical gap left by existing risk management texts. Instead of focusing only on quantitative risk analysis or only on institutional risk management, this book takes a comprehensive approach. The disasters of the recent financial crisis taught us that managing risk is both an art and a science, and it is critical for practitioners to understand how individual risks are integrated at the enterprise level.
This book is the only resource of its kind to introduce all of the key risk management concepts in a cohesive case study spanning each chapter. A hypothetical bank drawn from elements of several real world institutions serves as a backdrop for topics from credit risk and operational risk to understanding big-picture risk exposure. You will be able to see exactly how each rigorous concept is applied in actual risk management contexts. This book includes:
Supplemental Excel-based Visual Basic (VBA) modules, so you can interact directly with risk models
Clear explanations of the importance of risk management in preventing financial disasters
Real world examples and lessons learned from past crises
Risk policies, infrastructure, and activities that balance limited quantitative models
This book provides the element of hands-on application necessary to put enterprise risk management into effective practice. The very best risk managers rely on a balanced approach that leverages every aspect of financial operations for an integrative risk management strategy. With this book, you can identify and control risk at an expert level.
Contents
Preface ix
Acknowledgments xi
About the Author xiii
Chapter 1 Navigating Risk at Sifi Bank 1
Chapter 2 Overview of Financial Risk Management 33
Chapter 3 Risk Governance and Structure 61
Chapter 4 Economic Capital, Risk-Adjusted Performance, and Capital Allocation 83
Chapter 5 Credit Risk Theory 115
Chapter 6 Consumer Credit Risk Measurement 145
Chapter 7 Commercial Credit Risk Overview 193
Chapter 8 Credit Risk Mitigation 223
Chapter 9 Interest Rate Risk 255
Chapter 10 Market Risk 287
Chapter 11 Liquidity Risk Management 311
Chapter 12 Market Risk Hedging 345
Chapter 13 Hedging Interest Rate Risk 375
Chapter 14 Operational Risk Management 405
Chapter 15 Model, Regulatory, Legal, and Reputational Risk Management 431
Chapter 16 Toward Integrated Risk Management 461
Answer Key 477
Index 497
