John E. Tyralla is Senior Manager in the practice group Risk. In this role, he is currently managing projects in the field of organizing risk functions but also managed projects in the fields of finance- and riskarchitecture in the past.
Consolidation of existing regulations with minor enhancements to risk governance.
Risk culture is a crucial factor when it comes to the daily business of handling various risks, especially in the financial industry. The long-term success of a team can only be ensured if the team is aware of potential risks and considers the effect of their actions and decisions in accordance with corporate values.
The increased concentration of regulatory requirements has particularly affected risk controlling, whose staff had to take on a more reactive role, in order to
The relevance of reputational risk (RepRisk) is further increasing based on the latest SREP guidelines published on December 19, 2014. For banks it is about time to establish a sound reputational risk framework.
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