
Financial Risk Manager Part 1
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During a detailed discussion about the concepts of expected loss and unexpected loss, a risk manager points out to a risk analyst at a local bank that unexpected losses can sometimes arise from certain risks that are either not well understood or are characterized by uncertainty, making them difficult to measure accurately. The analyst seeks to understand the techniques available for assessing and managing these types of unpredictable risks.
During a detailed discussion about the concepts of expected loss and unexpected loss, a risk manager points out to a risk analyst at a local bank that unexpected losses can sometimes arise from certain risks that are either not well understood or are characterized by uncertainty, making them difficult to measure accurately. The analyst seeks to understand the techniques available for assessing and managing these types of unpredictable risks.
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