PSB7023CL Risk Management in Financial Institutions Assignment: Evaluating Financial, Operational, and Emerging Risks, Singapore

Assignment Title

Financial Institution Risk Management Assessment

Learning Outcomes

This assignment is designed to assess learning outcomes:

• LO1 Demonstrate a critical understanding of the range of risks including operational risk, financial and financial related risks facing organisations.
• LO2 Appraise financial implications of various financial risks including market risks, credit risks and operational risks in business and financial institutions.
• LO3 Master the latest developments of financial regulations that are the main driving force behind our approaches to risk management
• LO4 Assess the appropriateness of decision-making techniques incorporating uncertainties
• LO5 Systematically apply risk management strategies and techniques on mitigating credit risks, operational risks and new emerging risks in an organizational context

Assignment Details/Guidelines:

For this assessment, students are required to critically evaluate a range of risks facing the chosen organization from the CW1 Presentation.

The primary objective of this coursework is to demonstrate a critical understanding of operational, financial, and finance-related risks within these institutions and to appraise their financial implications.

Students are also required to demonstrate an in-depth understanding of contemporary financial regulations and their impact on risk management approaches. And critically discuss their recommendations on risk management strategies and techniques in the presence of emerging risks.

Critically discuss and evaluate the risk management processes and strategies implemented by the selected bank to navigate the aforementioned risks. This section should cover:

• Risk Identification:
  Identify and assess the financial implications of different types of risks the organization is/likely to face?
• Risk Mitigation Strategies:
  What measures has the bank implemented to mitigate the financial, market, credit, and operational risks?
  Evaluate their effectiveness and any gaps in the strategies, considering the financial regulations.
• Crisis Management:
  How prepared is the bank to handle financial crises, including unexpected market downturns and credit defaults? Discuss how the bank leverages technology in its risk management strategies.
  Evaluate any historical examples or case studies of how the bank responded to past crises.
• Recommendations:
  Recommend risk management strategies and techniques to mitigate the gaps found in your analysis.

This assignment is designed to assess the achievement of the following learning outcomes:

1. Demonstrate a critical understanding of the range of risks including operational risk, financial and financial related risks facing organisations
2. Appraise financial implications of various financial risks including market risks, credit risks and operational risks in business and financial institutions
3. Master the latest developments of financial regulations that are the main driving force behind our approach to risk management
4. Assess the appropriateness of decision-making techniques incorporating uncertainties
5. Systematically apply risk management strategies and techniques for mitigating credit risks, operational risks and new emerging risks in an organizational context.

Report Format

• Word count: 2500 with variation of + or – 10% allowed. Word count excludes references, appendix and cover page.
• Should include an executive summary (maximum of one page) and appendices (not more than 4 pages). Appendices must only be used to reinforce your arguments.
• Word Processed: Font – Arial or Times New Roman, Font size – 12, Line spacing – 1.5.
• Cover page stating: student number, module name & code, title of assessment, submission date and word count (excluding executive summary, references, appendices, charts and diagrams).
• All pages should be numbered.
• Save filename as “FirstName_LastName_Report_PSB7023CL.docx”
• Electronic submission only (No printed copies required).

Report structure template

• Cover Page
• Table of contents
• Executive summary
• Introduction
• Risk Identification
• Risk Mitigation Strategies
• Crisis Management
• Recommendations
• Conclusion
• Appendices

Report Expectations

• Provide a critical analysis rather than a descriptive overview.
• Support your arguments with relevant data, case studies, and regulatory references.
• Use academic and industry sources, including banking reports, financial regulations, and peer-reviewed literature.
• Ensure your report is structured logically, with clear headings and has a cohesive narrative.