Week 2 project risk management
For this phase of the course project, you will further research the bank you chose(Bank of America) as the subject of your project. Write the next section of your risk management plan in which you discuss the key people, financial, and operation risks associated with your bank. Be sure to include bank robberies and white-collar fraud in your discussion of operational risks.
In this paper, please address the following questions:
- What are specific people risks associated with a bank?
- What are specific financial risks experienced by a bank?
- What are specific operational risks for a bank?
- What are ways these risks might be avoided or mitigated?