Operational Risk Assessments

Likelihoods label types : 3 likelihoods 5 likelihoods

Table I: BDS Three-point likelihood scale
Likelihood that an operational failure will occur within the next year
L	Low (unlikely: - % )
M	Medium (may happen: - %)
H	High (likely to happen: - %)

How To guide

Select an operational risk category from the operation risk category drop down

Hit the green button with the "+ " sign to add a row for the operational risk category

Select the operational risk in the drop down in the first column for the given operation risk category

To input multiple operation risk a given operational risk category, simply add the requisite number of rows. operational risk category, simply add the requisite number of rows.

To add an operational risk that is not there in the drop down for the given operational risk category, select others. A test box will appear where you can input your operational risk type.

For e.g. you want to add a new operational risk called bank fraud which should have been fraud operational risk category. Simply select others in the drop down, a text box will appear where you can input your operational risk

To add a different operational risk for a different operational risk category, simply change the currently selected operation risk category in the operational risk category drop down to the one you want and hit the green + button

This will add a new row with a drop down containing the operational risk for the given operational risk category

Fill out all the columns under the Internal, external dependencies and overall assessment column.

Input the range for severity for each operational risk and hit the "Generate operational risk heat map" button.

Table II: BDS Likelihood and Severity (In 12 months) of an event table

Select operational risk category

Operational risk type

Internal dependencies

External dependencies

Overall assessment

Severity ($million)

People

Process

Technology

Overall assessment