The final master thesis applies reseach on the common issues analysis regarding operational risk management at the commercial bank, highlights risk measurement tools and identifies the key goals of OR management activity. The analysis is applied to the bibliograpical entries defining operational...

This paper is the result of the author's many years of multidisciplinary research in the areas of quality management and operational risk management. The main focus of the research is aimed at strengthening the model of the "three lines of defence" in terms of more efficient management of...

Operational risk is defined as the potential losses resulting from events caused by inadequate or failed processes, people, equipment, and systems or from external events. One of the most important challenges for the management of the company is to improve its results through its operational...

This paper proposes a methodology to analyze the implications of the Advanced Measurement Approach (AMA) for the assessment of operational risk put forward by the Basel II Accord. The methodology relies on an integrated procedure for the construction of the distribution of aggregate losses,...