Operational Risk in Banking

tsunamijon · August 23rd, 2007, 9:08 am

Can anyone help with some useful sources of information for ideas about modelling of operational risk in banking? I'm looking for:1) summary of methods that are currently used2) reseach papers on new approachesAlso, can someone explain how a background in applied and pure mathematics (not statistics) could be useful in the study of this field? Would a background in stochastics and option pricing be helpful?Anything is useful: books, research papers, websites... Also, what kind of qualities would you look for in someone applying for a role in this area?