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Operational Risk management is a firm wide endeavor typically addressed with a three lines of defense approach. Match the Operational Risk activity to the correct

Operational Risk management is a firm wide endeavor typically addressed with a three lines of defense approach. Match the Operational Risk activity to the correct employee group at the firm.

1st line of defence=

2nd line of defence =

3rd line of defence=

Risk policy approval=

internal audit group
Bank Board of Directors
Operational Risk manager reporting to the CRO
product sales people at the bank

risk management

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