Financial Risk Management (eBook)

From Metrics to Human Conduct

Frantz Maurer (Autor)

eBook Download: PDF

2024 | 1. Auflage
224 Seiten
Wiley (Verlag)
978-1-119-88530-6 (ISBN)

Infos

Protect your organization against financial misconduct

In Financial Risk Management: From Metrics to Human Conduct, Frantz Maurer delivers a thorough and practical review of the core methods used by professionals in the real world to reduce the risk of financial misconduct. Starting with the key points of banking regulation, the author then describes in simple terms the most extensively used risk metrics in the banking industry. Readers can fully grasp and implement the techniques discussed within without a strong background in probabilities or statistics. The last part of the book focuses on conduct risk markers and show how to implement a conduct risk index that benchmarks the conduct of natural risk-takers like traders.

The author describes how to marry this simple approach to financial risk with a conduct risk index that benchmarks the conduct of natural risk-takers, like traders.

Readers will also find:

• Step-by-step guidance on how to apply common risk indicators to real-world situations
• Actionable advice for improving the resilience of financial institutions against individual misconduct and misbehavior

A holistic and non-quantitative approach to a subject of critical importance, Financial Risk Management: From Metrics to Human Conduct will earn a place in the libraries of risk managers, compliance professionals, and master's level students in business administration and finance.

FRANTZ MAURER is a Professor of Finance and the head of the accounting, finance and economics department at KEDGE Business School. He has also taught at HEC Paris, the University of Bordeaux, ESCP Business School, and University Paris Saclay.

Inhalt

Foreword

Acknowledgments

List of acronyms and symbols

Introduction

Part I. Navigating banking regulation

1 A brief history of the Basel framework

2 The Basel I regulatory framework

3. Amendment to the Basel I framework to incorporate market risks

4. Implementation of the Basel II framework

5. A guided tour of the Basel III framework

6. Climate-related financial risks

Part II. The financial risk management landscape

7. Historical approach of risk

8. The Gaussian framework

9. A brief overview of Monte Carlo simulation

10. Risk contribution

11. Shortcomings of risk metrics

12. Ex-post evaluation of a risk model: backtesting

13. A forward-looking evaluation of risk: stress testing

Part III. Getting conduct risk to scale

14. The big picture of conduct risk

15. Markers of conduct risk

16. A first example of a conduct risk score

17. Fostering a culture of appropriate conduct outcomes

18. Worked example 4 - Calculating a risk-taker's conduct risk index

19. Hot questions still pending

20. Understanding the root causes of poor conduct

Appendix

References

Contents

List of figures

List of tables

Subject Index

Produkt-Details

• Erscheint lt. Verlag: 23.1.2024
• Reihe/Serie: Wiley Finance Series
• Sprache: englisch
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management
• Schlagworte: Finance & Investments • Finanz- u. Anlagewesen • Geld u. Bankwesen • Institutional & Corporate Finance • Institutionelle Finanzplanung • Insurance & Risk Management • Money & Banking • Risikomanagement • Versicherungswesen u. Risikomanagement
• ISBN-10: 1-119-88530-2 / 1119885302
• ISBN-13: 978-1-119-88530-6 / 9781119885306