Description
Back Office and Operational Risk is a core text for ACI, The Financial Markets Association.
This fully revised and updated third edition of the groundbreaking book Back Office and Beyond, now retitled Back Office and Operational Risk, is an essential read for anyone working in a financial organisation: whether front, middle or back office; trainee, staff or manager.
With practical guidance and advice throughout, including key excerpts from international financial authorities, this book details all you need to know to ensure your organisation avoids the various pitfalls of operational risk. It provides rigorous instruction and information including:
- Basic responsibilities and systems at all levels.
- Specific demands of numerous deal types and products, from capture to clearing.
- Reconciliations and investigations.
- Risk management, identification and control.
In the aftermath of the 2008-2009 financial crisis, there has never been a more impo
