Head Of Scenario Analysis At Hsbc Uk
CurrentScenario Analysis provides a forward-looking view of the likelihood and potential size of extreme but plausible unexpected operational risk events.It is used: to support a top-down risk management approach to provide a forward-looking view of the most material risks that the bank is exposed to as a key input to the Group Operational Risk Stress testing and Capital Model which is a requirement under legislationThese scenarios consider whether the risk exposure assessed is being appropriately managed within risk appetite. The team facilitate the assessment of these potential extreme impacts which may help to prioritise risk management activity, such as the implementation of new preventative or detective controls.