Operational Risk Management in Credit Market

Operational Risk Management in the credit market involves identifying, assessing, and mitigating risks that could disrupt financial operations. These risks may arise from internal processes, human errors, technology failures, or external events. Effective management ensures that organizations can continue to function smoothly, safeguarding assets and maintaining trust with clients. In essence, it’s about creating systems and controls to minimize potential losses and ensure compliance with regulations, thereby enhancing the overall stability and reliability of the credit market.