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Risk Manager(Banks,Asset Management,Insurance)

@SAH16928046

11 Aug

Every socio-economic, political, legal, natural disaster, man-made disaster, or another process, which leads to a negative outcome must be recorded and taxonomized as an incident having material or near-miss risk characteristics, in the right category box in the risk register.

@IASassociation

Modern #ERM & Traditional Risk Management are getting more and divided.
ERM is not just about Operational Loss Management and Materiality Assessment based on Assurance and Risk Review drove Internal Controls and Testing, but, it goes beyond that!
@IASassociation @TheIIA @BIS_org

More and more #Analytics is being used in both Auditing and Risk management, to understand the organizational dynamics of commercial strategy and the vulnerabilities associated thereof.
Especially the design, inserting and removal of Internal Controls is an analytical exercise.

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Risk Manager(Banks,Asset Management,Insurance)

@SAH16928046

9 Aug

#Bellicose #nations that continue to invest in non-productive activities such as buying conventional and unconventional #military #weapons, and technologies, do so at the peril of #Human #Development and Progress, are manifest from their poor performances in the #TokyoOlympics

Social accounting indicators such as health care, social care, medical provisions, insurance social risk transferences, old-age benefits, unemployment welfare benefits, education, public transportation, etc are used to measure human development and quality of life.
Sports IGNORED

Why smaller nations tend to win more medals compared to opulent larger countries with wealth and manpower, is a subject that is being debated by sociologists and evolutionary biologists.
Its a complex topic
#Tokyo2020

Read 4 tweets

Risk Manager(Banks,Asset Management,Insurance)

@SAH16928046

3 Aug

@SOActuaries

Interviewed a fully qualified #actuary from the @SOActuaries professional body, who really impressed me!
It goes on to show that not all mathematically inspiring and charismatic blokes are dull at understanding the subtle qualitative aspects of business #risk and transactions.

Actually, I do offer my services as a recruiter aka professional headhunter and knowledge capital developer, in addition to teaching Talent Management at staff colleges across financial institutions
I often get twirled when I have to choose between Financial Engineers & Actuaries

Mostly, for Front Office Risk Management roles, Financial Engineers, Financial Mathematicians, and Quantitative Economics or Finance Risk, etc candidates get preference
For Middle Office and other Risk Sub-Silos Roles, Actuaries compete with other Quants coming from hard sciences

Read 14 tweets

Risk Manager(Banks,Asset Management,Insurance)

@SAH16928046

3 Aug

You are no longer secure after investing your or your parent's money in education
Because of these new trends of hiring and firing people under zero-hour contracts, agile working spaces setup during the #pandemic, working from remote location, and #AI/ML #robots replacing humans

And, if you are an Overseas Student, please don't get lured by the work permit, professional practise programs that offer industrial placement, and other visa extension nonsense, as we see in different jurisdictions.
There is no guarantee that you will find decent paid work

Already, a friend of mine, who is working as a registrar of programs at a Middle East-based university, is receiving tons of CVs a day, from respected university lecturers, and researchers from top western institutions.
I guess PhD Scholars are pre-empting sacking orders.

Read 7 tweets

Risk Manager(Banks,Asset Management,Insurance)

@SAH16928046

1 Aug

As I am growing older, I have started enjoying reading and appreciating certain aspects of the pessimistic philosophy of #Schopenhauer.

One has to read at least these philosophers to develop a broader understanding of society, logic and methods of enquiry->
1. Hume
2. Descartes
3. Hegel
4. Marx
5. Schopenhauer
6. Kant
7. Wittgenstein
8. Berkeley
9. Isaiah Berlin
10. AJ Ayer
11. Anthony Kenny
12. Nietzsche

Of course, the list above is expandable.
I cannot write the names of all philosophers, logicians, and methodologists in one tweet.
Yes, Anthony Quinton, P.F. Strawson, Quinne, David Donaldson and Amartya Sen (Philosophy of Economics) can be added to the suggested reading list.

Read 14 tweets

Risk Manager(Banks,Asset Management,Insurance)

@SAH16928046

1 Aug

I have visited Singapore many times! this country is really a role model for all nations of the world, irrespective of size.

The size issue has been used by economists and development specialists to malign some of the most outstanding achievements of PAP Led by Lee Kuan Yew, who in my opinion was a true king philosopher.

Singapore is both small and efficient! But, its small size should not be used to downgrade its phenomenal growth in economic and anthropological terms!!

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