#OperationalRisks

[technology098]

GRC is a strategic approach that organizations use to ensure effective governance, risk management, and compliance maintenance with applicable laws, regulations, and industry standards. The growing number of legal, operational, financial, and compliance risks necessitates organizations to establish a robust GRC framework to achieve long-term success and sustainability.

[thenorthstaruniversal]

Navigating Today’s Commercial Real Estate Risk: What NYC and Global Investors Need to Know

The Evolving Landscape of Commercial Real Estate Risk Commercial real estate in New York City and beyond is evolving fast. Investors must address tenant default, lease risk, and vacancy risk head-on. With market fluctuations and rising interest rate risk, staying ahead requires strategic insight and proactive management. Cap Rate Compression and Property Valuation Trends Cap rates have compressed in prime NYC submarkets by 50-80 basis points year-over-year. This impacts property valuation and drives demand for risk-adjusted return analysis. Understanding the true investment horizon is more important than ever. Managing Refinancing Risk and Lender Expectations With tighter lender requirements, owners must monitor loan covenants, refinancing risk, and debt service coverage ratio (DSCR) metrics. As rates rise, managing cash flow stability becomes critical to maintaining financing viability and investment security. Environmental and Compliance Risks Are on the Rise Growing climate threats mean flood zone, seismic risk, and natural disasters are taking center stage. Environmental liability, zoning compliance, and building code violations are driving demand for resilient assets. Investors must stress-test portfolios for long-term durability. Understanding Title and Insurance Gaps Unexpected title risk and insufficient property insurance coverage can derail deals. Investors and asset managers must take a detailed approach to insurability and legal documentation across all holdings. Asset and Operational Risk Require Constant Oversight Strong asset management is key to mitigating operational risk, management risk, and deferred maintenance. As maintenance backlogs grow nationwide, so do CapEx pressures. Smart capital planning reduces exposure and maximizes net operating income (NOI). Lease Rollover and Rent Roll Analysis for Predictable Cash Flow NYC tenants are renegotiating leases more aggressively. Lease rollover risk, rent roll analysis, and occupancy rate monitoring must be built into underwriting models to preserve cash flow stability and avoid surprises. Strategic Exits Depend on Strong Foundations A sound exit strategy considers CapEx needs, tenant retention, and market demand. Planning now safeguards returns later. Properties that score high on ESG compliance and low on regulatory risk will retain more long-term value. The North Star Universal, LLC is a risk management and advisory firm. Follow this blog for more insights into the evolving world of NYC realty and beyond. Read the full article

[farademetre]

InvestTalk - 7-28-2023 – U.S. Bank Regulators Unveil Sweeping Changes for Capital Requirements

The modifications aim to update regulations related to hazardous operations such as lending, trading, valuing derivatives, and operational risk for banks possessing assets of at least $100 billion.

[softlist]

9 Supply Chain Risks and the Best Supply Chain Risk Management Strategies

[cloudanalytixus]

Does operational risk includes legal risk-Cloud Analytix

[nextwealth]

NextWealth|Building Stronger Customer Relationships through Outsourcing

NextWealth customer support outsourcing services help reduce human errors, operational risks, and costs, to deliver a better customer experience.

Read more: https://www.nextwealth.com/business-process-outsourcing-services/

[sonalithakur21]

RiskPro provides the services of Basel II and Basel III. To understand more, please visit our website.

[leeabigailslideteam]

Unique Operational Risk PowerPoint Presentation Case Study Template – Download Now

Get the best of the case study PPT templates for your next #presentation. Showcase your achievements using our Case Study templates for Operational Risk. Download now http://bit.ly/30vYL09

[technology098]

Navigating Success: The Strategic Imperative of Governance, Risk Management, and Compliance

In today's fast-paced and ever-changing business environment, organizations face a multitude of challenges and risks that threaten their long-term success and sustainability. From regulatory compliance to operational disruptions, the landscape is fraught with complexities that demand a strategic approach to governance, risk management, and compliance (GRC).

At its core, GRC is a holistic framework that organizations use to ensure effective alignment with applicable laws, regulations, and industry standards while managing various risks across their operations. It serves as a roadmap, guiding organizations in navigating the intricate web of legal, operational, financial, and compliance requirements that they encounter.

The need for a robust GRC framework has never been more pressing, given the proliferation of risks in today's business environment. Regulatory landscapes are constantly evolving, cyber threats are on the rise, and global events can have far-reaching implications. In this context, organizations must be proactive in identifying, assessing, and mitigating risks to safeguard their interests and ensure long-term success.

One of the key benefits of a well-implemented GRC framework is its ability to enhance transparency and accountability within an organization. By clearly defining roles, responsibilities, and processes for governance, risk management, and compliance, organizations foster a culture of openness where decision-making is informed, and accountability is upheld. This transparency not only builds trust among stakeholders but also enables organizations to detect and address issues before they escalate.

Furthermore, a robust GRC framework strengthens an organization's resilience in the face of adversity. By systematically identifying and addressing risks across all areas of operation, organizations can better prepare themselves to withstand disruptions and adapt to changing circumstances. This resilience is essential in today's volatile business landscape, where unforeseen events can have significant implications for organizations.

Moreover, a comprehensive GRC framework helps organizations reduce both internal and external risks. Internally, it enables organizations to streamline processes, improve efficiency, and identify areas for improvement, thereby minimizing the likelihood of errors, fraud, and other internal threats. Externally, it ensures that organizations stay compliant with regulatory requirements and industry standards, mitigating the risk of fines, penalties, and reputational damage.

In summary, GRC is a strategic imperative for organizations seeking to thrive in today's complex business environment. By establishing a robust framework that encompasses governance, risk management, and compliance, organizations can achieve greater transparency, accountability, and resilience in their operations. As the business landscape continues to evolve, the importance of GRC will only grow, making it essential for organizations to prioritize its implementation and ongoing maintenance. Ultimately, embracing GRC is not just about compliance; it is about building a foundation for long-term success and sustainability in an increasingly uncertain world.

[rossradev]

RT IBMFinTech "RT PromontoryFG: The FinStbBoard recently published a report on the decline in #correspondentbanking. Respondents should consider developing strategies to mitigate their exposure to #operationalrisk and strengthen their CBRs. We discuss: … https://t.co/deCQWaCNoH"

RT IBMFinTech "RT PromontoryFG: The FinStbBoard recently published a report on the decline in #correspondentbanking. Respondents should consider developing strategies to mitigate their exposure to #operationalrisk and strengthen their CBRs. We discuss: … pic.twitter.com/deCQWaCNoH"

— Ross Radev (@Ross_Radev) July 9, 2019

from Twitter https://twitter.com/Ross_Radev

[mackayassociates-blog]

#OperationalRisk Review services @MackayAssociates   www.mackay-assocs.com/service.php?mid=5&id=8