Insight
4 mins reading time
Continuous appraisal versus static performance review: the RCSA problem
Sign up for an exciting 60-minute masterclass which will reinvigorate your risk & control assessment process, and provide you with a future-proof approach that fully engages and uncovers real value in your organization beyond a set of scores.
The Risk and Control Self-Assessment is one of the most prevalent operational risk processes to this day. It is also one of the most misunderstood and it can quite often fail to deliver on its main promise: to assist businesses to understand, monitor, and manage their risks.
Why Should You Watch:
In this masterclass session with, Yiorgos Polymeris, Data Consensus Lead, Acin, he will explore a wide array of value-specific topics.
- Industry-wide Risk and Control Self-Assessment Process (RCSA) issues and how you can tackle them
- How to differentiate between Process and Control
- The impact of an inaccurate control environment on residual risks
- How Non-Financial Risk Taxonomies can enhance the RCSA process
Yiorgos Polymeris – Data Consensus Lead
Yiorgos has 11 years of experience in Operational Risk and Risk and Control Oversight. He has worked for various firms in the financial sector such as Nomura, KPMG, Lloyds and ING, enhancing internal control frameworks and increasing the operational risk awareness across various Corporate IB functions (Group Finance, Middle Office, HR and Business Resilience). He is also an advocate of Non-Financial Risk Taxonomy Transformation projects having worked extensively on their design and subsequent implementation in risk reporting. He has done extensive work in remediating conflicting or ambiguous risk and control inputs in various operational risk processes and procedures (RCSA, KRIs, Event Reporting, ICAAP Scenario Analysis, Risk Reporting). Yiorgos is currently a Data Consensus Lead in the Data Operations team has a Masters Degree in Risk Analysis from the University of King’s College London.
