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Unravelling Risk Appetite and Tolerance
This Webinar is over| Date | Sep 30, 2015 |
| Time | 09:00 PM EDT |
| Cost | Free |
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Online
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The concept of risk appetite seems deceptively simple: it is often described as how much risk we might wish to ‘take’ to achieve a desired return. In practice, however, an organisation’s risk appetite can be exceedingly difficult to tie down or define.
Efforts to quantify risk appetite can sometimes produce an illusion of precision while, in practice, the resulting statements are of little practical use and just to add to the confusion, the equally rubbery phrase ‘risk tolerance’ is also often used at the same time as risk appetite. The two terms are often used interchangeably and sometimes appear to have overlapping definitions.
Learning Objectives:
Efforts to quantify risk appetite can sometimes produce an illusion of precision while, in practice, the resulting statements are of little practical use and just to add to the confusion, the equally rubbery phrase ‘risk tolerance’ is also often used at the same time as risk appetite. The two terms are often used interchangeably and sometimes appear to have overlapping definitions.
Learning Objectives:
- How to use the concepts of risk appetite and tolerance in a practical, no-nonsense approach as part of decision making
- The challenges with the concepts and definitions
- How risk appetite can be defined for your organisation
- What ‘tolerance’ really means
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