Risk management for financial institutions: applying cost-effective controls and procedures
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | Undetermined |
| Veröffentlicht: |
Rolling Meadows, Ill.
Bankers Publ.
1990
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | XIII, 323 S. graph. Darst. |
| ISBN: | 1555201598 1555201512 |
Internformat
MARC
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| 100 | 1 | |a Thornhill, William T. |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Risk management for financial institutions |b applying cost-effective controls and procedures |
| 264 | 1 | |a Rolling Meadows, Ill. |b Bankers Publ. |c 1990 | |
| 300 | |a XIII, 323 S. |b graph. Darst. | ||
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| 337 | |b n |2 rdamedia | ||
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| 650 | 4 | |a banker | |
| 650 | 4 | |a finansielle institutioner | |
| 650 | 4 | |a risikostyring | |
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| 999 | |a oai:aleph.bib-bvb.de:BVB01-003884590 | ||
Datensatz im Suchindex
| _version_ | 1804120371128958976 |
|---|---|
| adam_text | Contents
list of Figures xi
Foreword xiii
Part I: Overview of Risk Management
1 The Fundamental Risks of Depository Institutions 1
Objectives of a Risk Management Program 2
Types of Risks to Be Considered 4
Summary 14
2 Risk Management s Administrative Elements
and Process 19
Administrative Elements 19
Summary 30
S The Importance of Having a Formalized Code
of Ethics 31
Definitions 31
Managerial Ethics 31
Approach to Improving Managerial Ethics 33
Perspective 35
Aren t Codes of Ethics for Boy Scouts? 35
Put Your Corporate Standards in Writing 39
Summary 42
Part II: Personnel, Directors, and Regulatory
Matters
4 Do You Need an Alcohol/Drug Program at Your Bank? 45
Perspective 46
Approaches to an Alcohol/Drug Program 46
Increasing Restrictions on Drug Testing 47
The Need for a Strong Human Resources (Personnel)
Department 49
The Risks of Not Having an Effective Alcohol/Drug
Program 50
Summary 52
5 Is the Bank Secrecy Act of 1970 Adequate? 53
6 What Is Bribery Under the Foreign Corrupt
Practices Act? 57
7 How Do You Keep Good Outside Directors in
These Times? 59
8 Fraud Is Too Often a Solution to Personal Problems 65
9 There Is No Such Thing as Too Much Training! 69
10 What Is Past Is Prologue 73
Situation 74
Risk Management Procedures 75
Risk Asset Classification Schedule 76
Part III: Operational Risk Conditions
11 How Many Accounts Can One Transaction Affect? 81
Risk Management Procedures 84
12 How Safe Are Your ATMs? 87
Situation 1 90
Situation 2 90
13 Just How Safe Is Your Bank s Cash? 95
14 Are Your Credit Decision Processes Adequate for
Today s Credit Risk Environment? 101
Background for Loan Decisions 102
Basic Financial Statement Analysis Ratios 104
Cause and Effect Ratios 105
Potential Bankruptcy 106
Summary 107
15 Validate Credit History Information on File 109
Examples 109
Risk Management Procedures 110
16 Realities About Credit Card Operations 113
17 All That Trouble from a Piece of Plastic? 119
Deceased Customers 119
Management Action Taken 121
The Negligent Cardholder 122
There Are Special Defenses Against Liars 124
18 Book Positions Don t Have to Be Real Positions 127
Nature of the Situation 127
Control Actions 129
Risks— The Rule of 10 129
19 The World of High Fliers—Foreign Exchanges 131
Event 1: Trading for Your Own Account 133
Event 2: Giving or Taking IOUs for Future Utilization
by Holder 136
Summary 138
vi
20 Do You Know What Foreign Prepared Financial
Statements Really Mean? 139
In Brazil? 140
In France? 142
In Hong Kong? 143
Summary 143
21 Internal Transportation of Money and Securities 145
Modus Operandi 145
Three Situations Involving Transportation Carts 146
Other Management Actions Taken 150
22 Internal Controls Against Kiting 153
Definitions 153
Simple Kiting Scheme 154
Complex Kiting Scheme 155
Risks 156
Controls 157
23 Where, Oh Where, Are My Real Securities? 161
24 These Events Actually Happened; Could They
Happen at Your Bank? 165
Event 1 165
Event 2 167
Event 3 168
Event 4 171
Part IV: Computer Related Risk Management
Matters
25 The Roots of Computer Crime and Fraud 175
Overview 175
Perspective 176
Definitions 179
Examples of Computer Crime and Fraud 179
26 What Should You Know About Computers and
Bank Fraud? 183
27 EDP Organizational and Functional Responsibilities 191
Management Perspective 191
Organizational Responsibilities 191
Summary 197
28 Documentation—Consistency Is a Control Virtue 199
Principle 199
Problem 200
Solution 200
Documentation 201
Summary 203
29 Documentation Requirements for Computer Systems
and Programs to Keep Track of What Was Done
and Why 205
50 The Vulnerabilities of Microcomputers 209
51 Protection Against Microcomputer Viruses 213
Federal Law 213
Viruses 214
Defenses 214
Protective Steps Regarding Purchased Microcomputer
Software 215
Summary
32 Virus Proofing Your Computer 217
Introduction 217
Aftermath 218
Perspective on Viruses 219
Protective Measures 221
Summary
33 Is Your Bank Ready for Home Banking ? 227
Overview 227
Laws, Regulations, and Controls 229
Audit Perspective 231
34 Data Security Developments in Banking 233
Communications Security Techniques 233
Pertinent Regulatory References 238
35 How Sound Is Your Computer Security Organization? 243
Background 243
Objective of the Study 243
Review Findings 244
Reorganization 244
Impact of Reorganization 245
Summary 247
36 A Look at Computer Security Exposure 249
37 Shelfware —A New Dimension in Software
Auditing 253
Definitions 253
Library Controls 254
Audit Criteria for Shelfware 255
Audit Steps 257
Summary 258
38 Introduction to Disaster Recovery Planning 259
Introduction 259
Basis for Disaster Recovery Planning 260
Definition of a Critical Business Function 260
General Corporate Policy Covering Security and
Disaster Recovery Planning 260
Risk Analysis for Disaster Recovery Planning 261
Comments on Risk Analysis 262
Choosing a Recovery Approach 262
Disaster Recovery Alternative Processing;
Capability Strategies 262
Part V: Risk Management Checklists
39 Risk Management Checklist: Short Form Checklist
on Company Policy and Standards 269
40 Risk Management Checklist: Rating Your Bank s
Personnel Security 271
41 Risk Management Checklist: Rating Your Bank s
Accounting Security 275
42 Risk Management Checklist: Rating Your Bank s
Preventive Security 279
43 Risk Management Checklist: Rating Your Bank s
Computer Security 283
44 Risk Management Checklist on Fraud Risk
Temptations of the Real World 287
45 Risk Management Checklist: Twenty Questions to
Help Evaluate Your Consumer Credit Operations 291
46 Risk Management Checklist: Have You Checked
Your Electronic Security Lately? 295
47 Risk Management Checklists: How Good Is Your ATM
Security? 299
ATM Security Checklists 299
Customer Security Checklist 299
ATM Personnel Security Checklist 300
ATM Facility Security Checklist 301
Checklist for Preventing Customer Fraud 302
Checklist for Personnel with Access to the ATM System 302
Internal Control Questionnaire Used by National Bank
Examiners 303
48 Risk Management Checklist: Audit of Teleprocessing
Systems 305
Introduction 305
Work Steps 306
49 Risk Management Checklists: Make Security and
Productivity Partners 311
Background 311
Some Strategies to Be Implemented 312
Conclusion 315
Bibliography 317
Index 319
About the Author 323
List of Figures
1. Summary of Risks 15
2. Portfolio Risks 16
3. Audit Risks 17
4. Delivery Risks 17
5. Principles and Objectives for Risk Management 24
6. Goals and Objectives (Relationships Between
Financial Ratios) 103
7. Simple Kiting Scheme 155
8. Complex Kiting Scheme 156
9. Microcomputer Risks 211
10. New Organization for Security 246
|
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| author | Thornhill, William T. |
| author_facet | Thornhill, William T. |
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| author_sort | Thornhill, William T. |
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| building | Verbundindex |
| bvnumber | BV006144670 |
| classification_rvk | QK 300 |
| ctrlnum | (OCoLC)476267860 (DE-599)BVBBV006144670 |
| discipline | Wirtschaftswissenschaften |
| format | Book |
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| illustrated | Illustrated |
| indexdate | 2024-07-09T16:41:01Z |
| institution | BVB |
| isbn | 1555201598 1555201512 |
| language | Undetermined |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-003884590 |
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| physical | XIII, 323 S. graph. Darst. |
| publishDate | 1990 |
| publishDateSearch | 1990 |
| publishDateSort | 1990 |
| publisher | Bankers Publ. |
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| spelling | Thornhill, William T. Verfasser aut Risk management for financial institutions applying cost-effective controls and procedures Rolling Meadows, Ill. Bankers Publ. 1990 XIII, 323 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier banker finansielle institutioner risikostyring Risikomanagement (DE-588)4121590-4 gnd rswk-swf Bank (DE-588)4004436-1 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Risikomanagement (DE-588)4121590-4 s Bank (DE-588)4004436-1 s DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=003884590&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Thornhill, William T. Risk management for financial institutions applying cost-effective controls and procedures banker finansielle institutioner risikostyring Risikomanagement (DE-588)4121590-4 gnd Bank (DE-588)4004436-1 gnd |
| subject_GND | (DE-588)4121590-4 (DE-588)4004436-1 (DE-588)4078704-7 |
| title | Risk management for financial institutions applying cost-effective controls and procedures |
| title_auth | Risk management for financial institutions applying cost-effective controls and procedures |
| title_exact_search | Risk management for financial institutions applying cost-effective controls and procedures |
| title_full | Risk management for financial institutions applying cost-effective controls and procedures |
| title_fullStr | Risk management for financial institutions applying cost-effective controls and procedures |
| title_full_unstemmed | Risk management for financial institutions applying cost-effective controls and procedures |
| title_short | Risk management for financial institutions |
| title_sort | risk management for financial institutions applying cost effective controls and procedures |
| title_sub | applying cost-effective controls and procedures |
| topic | banker finansielle institutioner risikostyring Risikomanagement (DE-588)4121590-4 gnd Bank (DE-588)4004436-1 gnd |
| topic_facet | banker finansielle institutioner risikostyring Risikomanagement Bank USA |
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