Risk Roadshow

A vibrant and engaging illustration depicting operational risk management concepts, featuring symbols of risk like shields, gears, and documents, set against a backdrop of a corporate office environment.

Risk Roadshow Quiz

Test your knowledge on operational risk and the importance of policies in the workplace. This quiz combines essential concepts with intriguing facts to enhance your understanding of risk management.

Engage with thought-provoking questions
Evaluate your understanding of operational risk
Learn about governance and controls in the process

9 Questions2 MinutesCreated by AssessingRisk202

What is Operational Risk?

The risk of loss resulting from inadequate or failed internal processes, people and systems or from external events.

The risk of loss resulting from processes and people.

The risk of loss resulting from external events.

The risk of loss resulting from wrong processes and policies.

Why are policies and procedures important?

They are not that important.

They set out correct standards to be followed when carrying on operational tasks.

They support ongoing development of internal processes.

They contribute to building proper governance within Exinity.

Who is responsible for managing risk at Exinity?

Head of Risk

Managers

Everyone

No one. There is no risk at Exinity

What can trigger an incident?

Failed processes and people

External events

Systems

None of the above

What are the 2 smallest countries in the world?

Bermuda and Macao

Gibraltar and Monaco

Vatican and Tokelau

Vatican and Monaco

The Risk Team has an oversight function whilst guiding other teams on the management of their risks, controls and processes.

True

False

Why are controls important?

They help minimise the possibility of a risk materialising.

They can detect risks that have materialised.

They mitigate risks.

They are not that important.

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