Operational Risk Management in Financial Services

"Written by a renowned educator, this book is an invaluable resource for both experienced and early-career professionals seeking to enhance their skills and practices to foster value-added operational risk management. With a simple and engaging approach, this book aptly recognizes the growing complexity of operational risk activities, offering essential tools and practical examples for navigating this evolving landscape." * Josephine Degaita, Head of Group Operational Risk, National Bank of Greece *
"If you are looking for an all-round guide to operational risk management, whether you are an expert who wants to be challenged or just starting out in this field, this book is a must-have! Elena Pykhova seamlessly navigates you through all you need to know about operational risk and all the while, making it so simple to understand. I encourage everyone to read this book to learn from a top expert in this field." * Inna Schwartz, Group Chief Risk Officer, Sygnum Bank AG *
"If you can only purchase one book on operational risk management, then I strongly recommend you purchase this book. Elena Pykhova's insightful approach makes this book the best choice for those seeking practical business-oriented solutions." * Manoj Kulwal, Chief Risk & AI Officer, RiskSpotlight *
"Elena Pykhova teaches and writes in simple, clear and engaging language. This book is a brilliant resource for risk professionals, covering all foundational concepts in a practical and easy-to follow-manner." * Daniela Biagi, Head of Academy, Euronext Group *
"An essential read for all risk professionals and CEOs. This book is the definitive guide to operational risk management in financial services." * Richard Doe, former CEO, Harpenden Building Society *
"Operational risk is a topic that is large and complex in both breadth and depth, making it a particularly challenging area for risk managers to get hold of. Elena Pykhova does a masterful job in bringing all the various strands together in a practically valuable yet accessible way. Very highly recommended!" * Moorad Choudhry, author of The Principles of Banking *
"Simply, the most practical and educational guide on operational risk management written by an expert. A refreshingly lively read, with useful examples, valuable industry insights, challenges and good practices. A must-have book for anyone in the industry." * Susana Gomez Smith, Non-Executive Director, Novo Banco and Leonteq AG *
"This is an excellent book. Elena Pykhova writes with passion and clarity, providing the reader with a simple-to-follow, guided journey through all the components of the operational risk framework. This is a great read for experienced risk professionals and non-professionals alike." * Ellen Brataas, CEO, IIA Norway *
"A must for risk management professionals. It has clear and direct language, very good examples and recommendations to better cope with the heavy burden and great responsibility that comes with operational risk management in the financial world. Very notable are its recommendations at the beginning of each chapter, together with challenges and good practices, which are valuable for those who work to make things happen in operational risk management." * Esteban Olivares Arellano, Partner, Next Consultores, Adjunct Professor Faculty of Economics and Business, University of Chile and Regional Director, PRMIA *
"This book is an essential guide for professionals seeking to understand and manage the complexities of operational risk in today's financial services landscape. Crucially, this second edition provides valuable insights into the future of operational risk management and guides professionals into incorporating ESG into day-to-day strategies. A must-read for anyone in the industry." * Nigel Boothroyd, Non-Executive Director, British Arab Commercial Bank *
"Finally, an operational risk management book that successfully combines the theory with the realities of the day-today business environment, through useful examples, diagrams, and a list of good practices. Elena Pykhova has used her extensive risk management career to provide an integrated view of the various risk management framework components" * Victor Palma Sanchez, Head of Enterprise Risk Management and Non-Financial Risk, Banco Santander *