Operational Risk Management (ORM)

Your operational risks under continuous control

With good reason, more and more rules have begun to govern the management of operational risks (Basel, Solvency, etc.). Operational risks are always present because, unfortunately, people, systems and processes never work perfectly. Therefore, the trick is to minimize the impact of the risks. In the most efficient way possible, in good cooperation with other functions within the three lines model.

ARC People can support you in the area of Operational Risk Management (ORM) for:

• Defining the principles for ORM;
• Recalibrating your current risk & control frameworks;
• Doing repetitive risk assessments;
• Assessing the effectiveness of your operational risk management.

This support is provided from the ARC Interim Desk. You can also engage ARC People for the permanent filling of a risk management position. Please do not hesitate to contact Carlo Bavius for more information.