RiskSpotlight Resources For Managing COVID-19 Operational Risks

Managing COVID-19 OpRisks

It is a tough time for OpRisk practitioners in financial services firms. They are expected to ensure continuity of business operations amidst one of the biggest global crisis and also ensure their firms can deliver on the promises made through government policies such as offering loans to SMEs and mortgage holidays.

While large firms may have hundreds of OpRisk practitioners to deal with the crisis most small and medium sized firms have small OpRisk management teams often only one person. It will be almost impossible for such firms to effectively manage all the OpRisks emerging from COVID-19. To address this challenge, RiskSpotlight is partnering with like minded organisations to provide resources to support the practitioners from small and medium sized firms. The key resources are highlighted below.