Financial Risk Management: From Metrics to Human Conduct (The Wiley Finance Series) - Hardcover

Über die Autorin bzw. den Autor

FRANTZ MAURER is a Professor of Finance and the head of the accounting, finance and economics department at KEDGE Business School. He has also taught at HEC Paris, the University of Bordeaux, ESCP Business School, and University Paris Saclay.

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PRAISE FOR
FINANCIAL RISK MANAGEMENT

“Frantz reviews Risk Management in the light of a number of recent events where ‘behavior risk’ was much more costly for the financial institution than any type of model misspecification. An intelligent book offering a new and necessary avenue to think about financial risks.”
―Helyette Geman, Department of Applied Mathematics, Johns Hopkins University

“Frantz experience and views on conduct are really refreshing. The book provides a good mix of lessons learned from real life examples and robust approaches to deal effectively with one of the bigggest challenges in financial services: ensuring that people behave and conduct themselves appropriately by finding the right balance between personal, clients and firm interests.”
―Pierre Pourquery, Partner at EY, UK Head of Capital Markets, European lead of the digital assets solution for Banking Capital Markets

“A book every aspiring manager and risk taker in bank should have read and re-read.”
―Pascal Quiry, active investor and BNP Paribas professor of finance, HEC Paris

Aus dem Klappentext

Since 2009, European and North American banks have paid out approximately $394 billion in penalties and fines for compliance violations. Many of these losses came as the result of misconduct by banking officials at all levels of the organizations involved.

In Financial Risk Management: From Metrics to Human Conduct, Frantz Maurer delivers an incisive and practical guide to the deployment of an effective risk management approach that addresses both financial risk and the risk of misconduct by the people in your firm.

With a strong focus on the core methods actually used by compliance and risk professionals in the real world, this book explores methods like Value-at-Risk and Expected Shortfall to explain how you can address the most relevant and significant financial risks facing your company today.

Financial Risk Management employs a pragmatic and non-quantitative approach to the subject, allowing you to understand key risk measurement and management strategies without the need for complex mathematics. It also describes methods you can implement immediately to catch the early-warning signals of employee misconduct that could give rise to catastrophic losses and penalties.

Perfect for master’s level students in business administration and finance, this book will also benefit risk managers, compliance officers and personnel, and other practitioners operating within financial institutions.