Banking
Risk Modelling in Banking
In business, we often interpret profit as a reward for risk bearing. It is even truer in banking and financial service industry, as every business taken by this industry involves […]
In business, we often interpret profit as a reward for risk bearing. It is even truer in banking and financial service industry, as every business taken by this industry involves risk. In order to deliver value to their shareholders, customers, employees, and other stakeholders, banks must understand and manage the risks on a consistent basis.
Managing risk in present day banking, is a complex task. We can accomplish any complex task effectively through development of a model.
A statistical model, typically involves mathematical equations, functions and variables. A model is generally implemented to simplify a complex problem with the help of computer program. In risk management, banks apply models depending upon their size and business complexity.
Please watch following video for details:
ldmahat
LD Mahat is a Chartered Accountant, Financial Adviser and Risk Management Specialist possessing over 29 years of diverse experience across several sectors covering a wide spectrum of assurance, business advisory and taxation disciplines. LD is a committed, highly motivated and result-oriented professional, consistently developing and nurturing client relationship and building long-lasting relationships with diverse clients. He has the ability to define issues, propose customized solutions that significantly add value and contribute to client’s success.
LD has got master’s in risk management form New York University, Stern Business School. He has undergone executive education at Harvard Business School and Insead Business School. He was risk management specialist in several Asian Development Bank Funded projects. He has provided risk management advisory services in various Nepalese corporate sectors.
LD has worked on large projects jointly with big 4 international accounting firms ~ PwC, Deloittee, Ernst & Young and KPMG in the field of Assurance, Diagnostic Review, Capacity Building, e-Government Procurement, e-Governance, Special Review, Investment Climate, and IFRS Implementation.