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RSK4801 Assignment 2 (COMPLETE ANSWERS) 2024

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RSK4801 Assignment 2 (COMPLETE ANSWERS) 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Question 1 (30 marks) Draw a diagram illustrating the three lines of defence to indicate the roles of risk management. Explain in detail the differences between the roles of the head of operational risk management and the third line of defence. Question 2 (20 marks) Define “operational risk” and discuss in detail the use of a risk and control self-assessment (RCSA) as an operational risk management tool. TOTAL MARKS: 50

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RSK4801
ASSIGNMENT 2 2024
UNIQUE NO.
DUE DATE: 2024

, RSK4801
Assignment 2 2024


UNIQUE NO.
DUE DATE: 2024


Operational Risk Management
UNISA@2024




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Question 1 (30 marks)

Three Lines of Defence Diagram

Below is a basic diagram illustrating the three lines of defence model in risk
management:

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