{"product_id":"managing-risks-in-commercial-and-retail-banking-isbn-9781118103531","title":"Managing Risks in Commercial and Retail Banking","description":"\u003cb\u003eA practical guide to the practices and procedures of effectively managing banking risks\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eManaging Risks in Commercial and Retail Banking\u003c\/i\u003e takes an in-depth, logical look at dealing with all aspects of risk management within the banking sector. It presents complex processes in a simplified way by providing real-life situations and examples.\u003c\/p\u003e \u003cp\u003eThe book examines all dimensions of the risks that banks face—both the financial risks—credit, market, and operational—and the non-financial risks—money laundering, information technology, business strategy, legal, and reputational. Focusing on methods and models for identifying, measuring, monitoring, and controlling risks, it provides practical advice backed up by solid theories, without resorting to the use of complicated mathematical and statistical formulas.\u003c\/p\u003e \u003cp\u003eAuthor Amalendu Ghosh exposes topics that are usually absent in books on managing banking risk—such as design of control framework, risk management architecture, credit risk rating, risk-based loan pricing, portfolio analysis, business continuity planning, and corporate governance.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAuthor has extensive experience with a variety of major banks and institutions worldwide and brings a fresh perspective in the wake of the global finance crisis\u003c\/li\u003e \u003cli\u003ePresents a novel approach using models of the credit risk rating of different types of borrowers, the methodology for assigning weights for deriving the rating, and the scoring process\u003c\/li\u003e \u003cli\u003eCovers the essentials of corporate governance and options for credit risk assessment in line with the recommendations made in the New Basel Capital Accord\u003c\/li\u003e \u003cli\u003eExplains the methodology of risk-based internal audit, including techniques to enable bank branches to switch over from the old transaction-based audit methods\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWith its logical sequence of the aspects of risk management, the book's layout is ideal for presentations, making it a handy tool for risk management training\u003c\/p\u003e \u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Risk Management Approaches and Systems\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Business Risk in Banking 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Concept of Risk 3\u003c\/p\u003e \u003cp\u003e1.2 Broad Categories of Risks 3\u003c\/p\u003e \u003cp\u003e1.3 Credit Risk 5\u003c\/p\u003e \u003cp\u003e1.4 Market Risk 7\u003c\/p\u003e \u003cp\u003e1.5 Operational Risk 8\u003c\/p\u003e \u003cp\u003e1.6 Operating Environment Risk 10\u003c\/p\u003e \u003cp\u003e1.7 Reputation Risk 11\u003c\/p\u003e \u003cp\u003e1.8 Legal Risk 12\u003c\/p\u003e \u003cp\u003e1.9 Money Laundering Risk 12\u003c\/p\u003e \u003cp\u003e1.10 Offshore Banking Risk 14\u003c\/p\u003e \u003cp\u003e1.11 Impact of Risk 15\u003c\/p\u003e \u003cp\u003e1.12 Summary 16\u003c\/p\u003e \u003cp\u003eNotes 18\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Control Risk in Banking 19\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 How Control Risk Arises 19\u003c\/p\u003e \u003cp\u003e2.2 External Control and Internal Control Risks 19\u003c\/p\u003e \u003cp\u003e2.3 Internal Control Objectives 21\u003c\/p\u003e \u003cp\u003e2.4 Internal Control Framework 21\u003c\/p\u003e \u003cp\u003e2.5 Tasks in Establishing a Control Framework 28\u003c\/p\u003e \u003cp\u003e2.6 Business Risk and Control Risk Relationship 34\u003c\/p\u003e \u003cp\u003e2.7 Summary 35\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Technology Risk in Banking 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 What Is Technology Risk? 37\u003c\/p\u003e \u003cp\u003e3.2 Risks in Electronic Banking 37\u003c\/p\u003e \u003cp\u003e3.3 Sources of Technology Risk 38\u003c\/p\u003e \u003cp\u003e3.4 Management of Technology Risk 42\u003c\/p\u003e \u003cp\u003e3.5 Summary 43\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Fundamentals of Risk Management 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Risk Management Concept 45\u003c\/p\u003e \u003cp\u003e4.2 Risk Management Approach 45\u003c\/p\u003e \u003cp\u003e4.3 Risk Identification Approach 47\u003c\/p\u003e \u003cp\u003e4.4 Risk Management Architecture 47\u003c\/p\u003e \u003cp\u003e4.5 Risk Management Organizational Structure 48\u003c\/p\u003e \u003cp\u003e4.6 Summary 53\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Risk Management Systems and Processes 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 Risk Management Policy 55\u003c\/p\u003e \u003cp\u003e5.2 Risk Appetite 56\u003c\/p\u003e \u003cp\u003e5.3 Risk Limits 57\u003c\/p\u003e \u003cp\u003e5.4 Risk Management Systems 59\u003c\/p\u003e \u003cp\u003e5.5 Management Information System 67\u003c\/p\u003e \u003cp\u003e5.6 Verification of Risk Assessment 72\u003c\/p\u003e \u003cp\u003e5.7 Human Resource Development 72\u003c\/p\u003e \u003cp\u003e5.8 Top Management Commitment 73\u003c\/p\u003e \u003cp\u003e5.9 Capital Adequacy Assessment and Disclosure Requirement 74\u003c\/p\u003e \u003cp\u003e5.10 Risk Prioritization 75\u003c\/p\u003e \u003cp\u003e5.11 Summary 76\u003c\/p\u003e \u003cp\u003eNotes 77\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Credit Risk Management\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Credit Problems and Credit Risk 81\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 Genesis of Credit Problems 81\u003c\/p\u003e \u003cp\u003e6.2 Causes of Credit Risk 92\u003c\/p\u003e \u003cp\u003e6.3 Summary 93\u003c\/p\u003e \u003cp\u003eNotes 94\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Identification of Credit Risk 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Market Risk and Credit Risk Relationship 95\u003c\/p\u003e \u003cp\u003e7.2 Credit Risk Identification Approach 96\u003c\/p\u003e \u003cp\u003e7.3 Credit Risk Identification Process 100\u003c\/p\u003e \u003cp\u003e7.4 Summary 109\u003c\/p\u003e \u003cp\u003eNotes 110\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Credit Risk Rating Concept and Uses 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1 Credit Risk Rating Concept 111\u003c\/p\u003e \u003cp\u003e8.2 Credit Risk Rating Uses 113\u003c\/p\u003e \u003cp\u003e8.3 Credit Risk Rating Principles 122\u003c\/p\u003e \u003cp\u003e8.4 Summary 127\u003c\/p\u003e \u003cp\u003eNotes 128\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Credit Risk Rating Issues 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1 Rating Practices in Banks 129\u003c\/p\u003e \u003cp\u003e9.2 Design of the Rating Framework 130\u003c\/p\u003e \u003cp\u003e9.3 Conceptual Issues 131\u003c\/p\u003e \u003cp\u003e9.4 Developmental Issues 136\u003c\/p\u003e \u003cp\u003e9.5 Implementation Issues 140\u003c\/p\u003e \u003cp\u003e9.6 Rating Framework Overview 147\u003c\/p\u003e \u003cp\u003e9.7 Summary 147\u003c\/p\u003e \u003cp\u003eNotes 151\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Credit Risk Rating Models 153\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1 Internal Rating Systems in Banks 153\u003c\/p\u003e \u003cp\u003e10.2 Need for Different Rating Models 154\u003c\/p\u003e \u003cp\u003e10.3 Need for New and Old Borrower Rating Models 155\u003c\/p\u003e \u003cp\u003e10.4 Types of Rating Models 157\u003c\/p\u003e \u003cp\u003e10.5 New Capital Accord Options 158\u003c\/p\u003e \u003cp\u003e10.6 Asset Categorization 159\u003c\/p\u003e \u003cp\u003e10.7 Identification of Model Inputs 160\u003c\/p\u003e \u003cp\u003e10.8 Assessment of Component Risk 161\u003c\/p\u003e \u003cp\u003e10.9 Summary 172\u003c\/p\u003e \u003cp\u003eNotes 172\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Credit Risk Rating Methodology 173\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11.1 Rating Methodology Development Process 173\u003c\/p\u003e \u003cp\u003e11.2 Derivation of Component Rating 189\u003c\/p\u003e \u003cp\u003e11.3 Derivation of Counterparty Rating 195\u003c\/p\u003e \u003cp\u003e11.4 Summary 197\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 Credit Risk Measurement Model 199\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e12.1 Risk Rating and Risk Measurement Models 199\u003c\/p\u003e \u003cp\u003e12.2 Credit Loss Estimation—Conceptual Issues 200\u003c\/p\u003e \u003cp\u003e12.3 Quantification of Risk Components 204\u003c\/p\u003e \u003cp\u003e12.4 Credit Risk Measurement Models 215\u003c\/p\u003e \u003cp\u003e12.5 Back-Testing of Credit Risk Models 219\u003c\/p\u003e \u003cp\u003e12.6 Stress Testing of Credit Portfolios 220\u003c\/p\u003e \u003cp\u003e12.7 Summary 222\u003c\/p\u003e \u003cp\u003eNotes 223\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Credit Risk Management 225\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e13.1 General Aspects 225\u003c\/p\u003e \u003cp\u003e13.2 Credit Management and Credit Risk Management 225\u003c\/p\u003e \u003cp\u003e13.3 Credit Risk Management Approach 226\u003c\/p\u003e \u003cp\u003e13.4 Credit Risk Management Principles 227\u003c\/p\u003e \u003cp\u003e13.5 Organizational Structure for Credit Risk Management 232\u003c\/p\u003e \u003cp\u003e13.6 Credit Risk Appetite 234\u003c\/p\u003e \u003cp\u003e13.7 Credit Risk Policies and Strategies 234\u003c\/p\u003e \u003cp\u003e13.8 Early Warning Signal Indicators 242\u003c\/p\u003e \u003cp\u003e13.9 Credit Audit Mechanism 244\u003c\/p\u003e \u003cp\u003e13.10 Credit Risk Mitigation Techniques 248\u003c\/p\u003e \u003cp\u003e13.11 Summary 253\u003c\/p\u003e \u003cp\u003eNote 254\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 Credit Portfolio Review Methodology 255\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e14.1 Portfolio Classification 255\u003c\/p\u003e \u003cp\u003e14.2 Portfolio Management Objectives 256\u003c\/p\u003e \u003cp\u003e14.3 Portfolio Management Issues 256\u003c\/p\u003e \u003cp\u003e14.4 Portfolio Analysis Technique 261\u003c\/p\u003e \u003cp\u003e14.5 Portfolio Risk Mitigation Techniques 266\u003c\/p\u003e \u003cp\u003e14.6 Summary 269\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Risk-Based Loan Pricing 271\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e15.1 Loan Pricing Concept 271\u003c\/p\u003e \u003cp\u003e15.2 Loan Pricing Principles 271\u003c\/p\u003e \u003cp\u003e15.3 Loan Pricing Issues 272\u003c\/p\u003e \u003cp\u003e15.4 Loan Price Computation 275\u003c\/p\u003e \u003cp\u003e15.5 Summary 280\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three Market Risk Management\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Market Risk Framework 283\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e16.1 Market Risk Concept 283\u003c\/p\u003e \u003cp\u003e16.2 Market Risk Types 283\u003c\/p\u003e \u003cp\u003e16.3 Market Risk Management Framework 285\u003c\/p\u003e \u003cp\u003e16.4 Organizational Setup 286\u003c\/p\u003e \u003cp\u003e16.5 Market Risk Policy 288\u003c\/p\u003e \u003cp\u003e16.6 Market Risk Vision 289\u003c\/p\u003e \u003cp\u003e16.7 Summary 290\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Liquidity Risk Management 293\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e17.1 Liquidity Risk Causes 293\u003c\/p\u003e \u003cp\u003e17.2 Liquidity Risk Management Activities 294\u003c\/p\u003e \u003cp\u003e17.3 Liquidity Risk Management Policies and Strategies 296\u003c\/p\u003e \u003cp\u003e17.4 Liquidity Risk Identification 297\u003c\/p\u003e \u003cp\u003e17.5 Liquidity Risk Measurement 299\u003c\/p\u003e \u003cp\u003e17.6 Liquidity Management Structure and Approaches 306\u003c\/p\u003e \u003cp\u003e17.7 Liquidity Management under Alternate Scenarios 310\u003c\/p\u003e \u003cp\u003e17.8 Liquidity Contingency Planning 313\u003c\/p\u003e \u003cp\u003e17.9 Stress Testing of Liquidity Funding Risk 314\u003c\/p\u003e \u003cp\u003e17.10 Liquidity Risk Monitoring and Control 321\u003c\/p\u003e \u003cp\u003e17.11 Summary 325\u003c\/p\u003e \u003cp\u003eNotes 326\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Interest Rate Risk Management 327\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e18.1 Interest Rate Risk in Trading and Banking Books 327\u003c\/p\u003e \u003cp\u003e18.2 Interest Rate Risk Causes 328\u003c\/p\u003e \u003cp\u003e18.3 Interest Rate Risk Measurement 332\u003c\/p\u003e \u003cp\u003e18.4 Maturity Gap Analysis 334\u003c\/p\u003e \u003cp\u003e18.5 Duration Gap Analysis 336\u003c\/p\u003e \u003cp\u003e18.6 Simulation Analysis 341\u003c\/p\u003e \u003cp\u003e18.7 Value-at-Risk 342\u003c\/p\u003e \u003cp\u003e18.8 Earnings at Risk 347\u003c\/p\u003e \u003cp\u003e18.9 Interest Rate Risk Management 351\u003c\/p\u003e \u003cp\u003e18.10 Interest Income Stress Testing 353\u003c\/p\u003e \u003cp\u003e18.11 Interest Rate Risk Control 354\u003c\/p\u003e \u003cp\u003e18.12 Summary 355\u003c\/p\u003e \u003cp\u003eNotes 356\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 Foreign Exchange Risk Management 357\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e19.1 Exchange Risk Implication 357\u003c\/p\u003e \u003cp\u003e19.2 Exchange Risk Types 358\u003c\/p\u003e \u003cp\u003e19.3 Foreign Currency Exposure Measurement 361\u003c\/p\u003e \u003cp\u003e19.4 Exchange Risk Quantification 364\u003c\/p\u003e \u003cp\u003e19.5 Exchange Risk Management 366\u003c\/p\u003e \u003cp\u003e19.6 Exchange Risk Hedging 370\u003c\/p\u003e \u003cp\u003e19.7 Summary 371\u003c\/p\u003e \u003cp\u003eNotes 372\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20 Equity Exposure Risk Management 373\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e20.1 Equity Exposure Identification 373\u003c\/p\u003e \u003cp\u003e20.2 Equity Exposure Management Framework 374\u003c\/p\u003e \u003cp\u003e20.3 Equity Exposure Risk Measurement 375\u003c\/p\u003e \u003cp\u003e20.4 Summary 376\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21 Asset Liability Management Review Process 379\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e21.1 Asset-Liability Review 379\u003c\/p\u003e \u003cp\u003e21.2 Liquidity Risk Review 380\u003c\/p\u003e \u003cp\u003e21.3 Interest Rate Risk Review 383\u003c\/p\u003e \u003cp\u003e21.4 Foreign Exchange Risk Review 384\u003c\/p\u003e \u003cp\u003e21.5 Equity Price Risk Review 385\u003c\/p\u003e \u003cp\u003e21.6 Value-at-Risk Review 385\u003c\/p\u003e \u003cp\u003e21.7 Summary 386\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four Operational Risk Management\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 22 Operational Risk Management Framework 389\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e22.1 Operational Risk Concept 389\u003c\/p\u003e \u003cp\u003e22.2 Operational Risk Sources 390\u003c\/p\u003e \u003cp\u003e22.3 Operational Risk Causes 393\u003c\/p\u003e \u003cp\u003e22.4 Operational Risk Policy Objectives 397\u003c\/p\u003e \u003cp\u003e22.5 Operational Risk Policy Contents 398\u003c\/p\u003e \u003cp\u003e22.6 Operational Risk Management Framework 399\u003c\/p\u003e \u003cp\u003e22.7 Summary 401\u003c\/p\u003e \u003cp\u003eNote 408\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 23 Operational Risk Identification, Measurement, and Control 409\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e23.1 Operational Risk Identification Approach 409\u003c\/p\u003e \u003cp\u003e23.2 Operational Risk Identification Process 410\u003c\/p\u003e \u003cp\u003e23.3 Business Line Identification 411\u003c\/p\u003e \u003cp\u003e23.4 Operational Risk Assessment Methods 414\u003c\/p\u003e \u003cp\u003e23.5 Operational Risk Measurement Methodology 421\u003c\/p\u003e \u003cp\u003e23.6 Operational Risk Measurement Process 425\u003c\/p\u003e \u003cp\u003e23.7 Operational Risk Monitoring 429\u003c\/p\u003e \u003cp\u003e23.8 Operational Risk Control and Mitigation 430\u003c\/p\u003e \u003cp\u003e23.9 High-Intensity Operational Risk Events—Business Continuity Planning 431\u003c\/p\u003e \u003cp\u003e23.10 Business Continuity Plan Support Requirements 433\u003c\/p\u003e \u003cp\u003e23.11 Business Continuity Planning Methodology 434\u003c\/p\u003e \u003cp\u003e23.12 Operational Risk Management Organizational Structure 436\u003c\/p\u003e \u003cp\u003e23.13 Summary 437\u003c\/p\u003e \u003cp\u003eNotes 438\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five Risk-Based Internal Audit\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 24 Risk-Based Internal Audit—Scope, Rationale, and Function 443\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e24.1 Internal Audit Scope and Rationale 443\u003c\/p\u003e \u003cp\u003e24.2 Risk-Based Internal Audit Policy 449\u003c\/p\u003e \u003cp\u003e24.3 Internal Audit Department Structure 450\u003c\/p\u003e \u003cp\u003e24.4 Summary 452\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 25 Risk-Based Internal Audit Methodology and Procedure 453\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e25.1 Risk-Based Internal Audit Methodology 453\u003c\/p\u003e \u003cp\u003e25.2 Risk-Based Audit Planning and Scope 468\u003c\/p\u003e \u003cp\u003e25.3 Risk-Based Audit Process 471\u003c\/p\u003e \u003cp\u003e25.4 Summary 484\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Six Corporate Governance\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 26 Corporate Governance 489\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e26.1 Corporate Governance Concept 489\u003c\/p\u003e \u003cp\u003e26.2 Corporate Governance Objectives 490\u003c\/p\u003e \u003cp\u003e26.3 Corporate Governance Foundation 492\u003c\/p\u003e \u003cp\u003e26.4 Corporate Governance Elements 493\u003c\/p\u003e \u003cp\u003e26.5 Corporate Governance in Banks 500\u003c\/p\u003e \u003cp\u003e26.6 Toward Better Corporate Governance in Banks 505\u003c\/p\u003e \u003cp\u003e26.7 Summary 509\u003c\/p\u003e \u003cp\u003eNote 510\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Seven Lessons from the Asian and the United States’ Financial Crises\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 27 The Causes and Impact of the Asian and the United States’ Financial Crises 513\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e27.1 The Asian Financial Crisis Causes and Impact 514\u003c\/p\u003e \u003cp\u003e27.2 Risks Emerging from the Asian Financial Crisis 515\u003c\/p\u003e \u003cp\u003e27.3 The Impact of the U.S. Financial Crisis 519\u003c\/p\u003e \u003cp\u003e27.4 The U.S. Financial Crisis Causes and the Concomitant Risks 520\u003c\/p\u003e \u003cp\u003e27.5 Basel Committee on Banking Supervision Response (Basel III) 534\u003c\/p\u003e \u003cp\u003e27.6 Summary 535\u003c\/p\u003e \u003cp\u003eNotes 537\u003c\/p\u003e \u003cp\u003eAbout the Author 539\u003c\/p\u003e \u003cp\u003eIndex 541\u003c\/p\u003e \u003cp\u003eAMALENDU GHOSH worked for the Reserve Bank of India (RBI) for thirty-six years and has extensive exposure to bank regulation, risk management, risk-based bank supervision, and the New Basel Capital Accord. He was the chief of RBI's banking regulation department. After retirement, he worked with RBI on a contractual basis as the head of a risk-based bank supervision project implementation group, and was involved in drawing the road map, developing a supervision model, and writing a bank examination manual for actual conduct of bank inspection for the switch to the risk-based bank supervision system. Ghosh was also the risk management consultant to two nationalized commercial banks in India. He has hands-on experience in the formulation and implementation of risk management practices and procedures including development of models for counterparty rating.\u003c\/p\u003e   \u003cp\u003eManaging Risks in Commercial and Retail Banking provides a highly accessible guide to the practices and procedures of managing banking risks and includes illustrative examples of real-life situations. Throughout the book, Amalendu Ghosh—a noted expert on banking regulations and risk management—focuses on a wide range of risk management issues such as credit, market, and operational risks. He also reviews modalities for the establishment of internal models for risk-rating banks' counterparties and rating branch offices for audit prioritization.\u003c\/p\u003e \u003cp\u003eManaging Risks in Commercial and Retail Banking contains a balanced mix of concepts, methodologies, and tools pertaining to risk management. Banks that are in the process of implementing New Basel Capital Accord recommendations—as well as internal and external auditors who are tasked with independently evaluating the soundness of risk management systems and capital adequacy calculation processes in banks—will find this book contains current information on the topic.\u003c\/p\u003e \u003cp\u003eGhosh examines various credit risk management issues that highlight the complications involved in identifying and measuring credit risk, and recommends possible solutions to effectively deal with them. This reliable resource skillfully describes the market risk management framework and explains the process of identifying, measuring, and controlling all forms of market risk. It also explores the causes that accentuate market risks and discusses possible solutions. Operational risk management and its sources and causes are examined as well. Step by step, Ghosh outlines a procedure for making a scientific assessment of operational risk. Along the way, he delves into the operational risk events that occur in banking institutions and explains the procedure to evaluate the loss-inflicting capacity of those events and assess operational risk in terms of event frequency and impact severity.\u003c\/p\u003e \u003cp\u003eEngaging and informative, Managing Risks in Commercial and Retail Banking contains information on issues that are usually not found in other books on managing financial risk in banking. Topics touched upon include design of control framework, risk management architecture, credit risk rating, risk-based loan pricing, portfolio analysis, business continuity planning, and corporate governance.\u003c\/p\u003e \u003cp\u003eThis book concludes with a discussion of the causes, and impact, of the financial crises in Asia and the United States; the lessons we've learned from them; and the possible steps banks can take to contain future risks that emerge from these types of crises.\u003c\/p\u003e  \u003cp\u003ePraise for Managing Risks in Commercial and Retail Banking\u003c\/p\u003e \u003cp\u003e\"This book presents a comprehensive picture of risk management practices and procedures in a compact form, and displays how risk management tools can be developed within the organization to suit a bank's own requirements. The author clearly articulates his views on typical risk management problems and issues with practical examples from the field. The book is unique; it provides input to set up bank-specific risk management architecture, and includes topics that are not usually found in risk management books.\"—Satya Pal Talwar, former Deputy Governor, Reserve Bank of India\u003c\/p\u003e \u003cp\u003e\"Risk management professionals are revisiting tools and techniques after the collapse of Lehman Brothers and the unprecedented credit crisis the globe witnessed in its aftermath. Ghosh's book has gone beyond the concepts and principles to the shop floor of risk management. Being a former central banker, he has used his knowledge as an insider to deal with the practical aspects of risk management, which commercial bankers, auditors, and students will find quite useful.\" —Tamal Bandyopadhyay, Deputy Managing Editor, Mint\u003c\/p\u003e \u003cp\u003e\"This book synthesizes concepts, methodologies, and procedures, and makes available in one place the most practical aspects of risk management. The author, a former central banker and a commercial bank risk management consultant, combines his both-side experience to present in a simplified way the entire risk management process. The uniqueness lies in providing practical tips to identify, measure, monitor, and control risks, and in covering somewhat new but very relevant topics that are scarcely discussed.\" —Dr. B. Samal, former Chairman and Managing Director, Allahabad Bank, India, and former member, Securities Appellate Tribunal, Government of India\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989567750373,"sku":"NP9781118103531","price":157.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118103531.jpg?v=1761784630","url":"https:\/\/k12savings.com\/es\/products\/managing-risks-in-commercial-and-retail-banking-isbn-9781118103531","provider":"K12savings","version":"1.0","type":"link"}