Financial Risk Management: From Metrics to Human Conduct

Frantz Maurer's book provides a comprehensive and practical review of the core methods used by professionals to reduce the risk of financial misconduct. It covers banking regulation, risk metrics, conduct risk markers, and how to implement a conduct risk index. It offers step-by-step guidance on applying common risk indicators to real-world situations and actionable advice for improving the resilience of financial institutions against individual misconduct.

Format: Hardback
Length: 224 pages
Publication date: 25 January 2024
Publisher: John Wiley & Sons Inc

In the comprehensive and pragmatic book "Financial Risk Management: From Metrics to Human Conduct," Frantz Maurer delves into the essential strategies employed by professionals to mitigate the risk of financial misconduct. The author begins by examining the fundamental principles of banking regulation, providing a foundational understanding of the risk metrics commonly used in the banking industry. With a clear and concise writing style, Maurer explains these metrics in simple terms, making them accessible to readers without a deep background in probabilities or statistics.

The latter part of the book focuses on conduct risk markers, demonstrating how to develop a conduct risk index that benchmarks the behavior of natural risk-takers, such as traders. By integrating this simple approach to financial risk with a conduct risk index, readers gain valuable insights into how to effectively manage and mitigate risks in the financial sector.

Throughout the book, readers are provided with step-by-step guidance on applying common risk indicators to real-world situations. Additionally, actionable advice is offered to enhance the resilience of financial institutions against individual misconduct and misbehavior. Maurer's holistic and non-quantitative approach to financial risk management makes this book an invaluable resource for risk managers, compliance professionals, and master's level students in business administration and finance.

In conclusion, "Financial Risk Management: From Metrics to Human Conduct" is a must-read for anyone seeking to understand and implement effective risk management strategies in the financial industry. By combining theoretical knowledge with practical insights, Maurer provides readers with the tools they need to navigate the complex world of financial risk and protect their organizations against misconduct.

Weight: 386g
Dimension: 231 x 155 x 25 (mm)
ISBN-13: 9781119885290