The Essentials of Risk Management, Second Edition

The definitive guide to quantifying risk vs. return--fully updated to reveal the newest, most effective innovations in financial risk management since the 2008 financial crisis. Written for risk professionals and non-risk professionals alike, this easy-to-understand guide helps you meet the increasingly insistent demand to make sophisticated assessments of companies' risk exposure.

Book contents:

  1. Risk Management: A Helicopter View

  2. Corporate Risk Management: A Primer

  3. Banks and Their Regulators: The Post-Crisis Regulatory Framework

  4. Corporate Governance and Risk Management

  5. A User-Friendly Guide to the Theory of Risk and Return

  6. Interest Rate Risk and Hedging with Derivative Instruments

  7. Measuring Market Risk: Value-at-Risk, Expected Shortfall, and Similar Metrics

  8. Asset/Liability Management

  9. Credit Scoring and Retail Credit Risk Management

  10. Commercial Credit Risk and the Rating of Individual Credits

  11. Quantitative Approaches to Credit Portfolio Risk and Credit Modeling

  12. The Credit Transfer Markets—and Their Implications

  13. Counterparty Credit Risk: CVA, DVA, and FVA

  14. Operational Risk

  15. Model Risk

  16. Stress Testing and Scenario Analysis

  17. Risk Capital Attribution and Risk-Adjusted Performance Measurement

  18. Epilogue: Trends in Risk Management