Which of the following would not be an example of operational risk?
A)A bank,on the coast of Louisiana,is hit by a hurricane and is flooded for 6 weeks.
B)A bank employee working as a derivatives trader,is also the one who writes the reports on profits and losses in derivatives trading every day.
C)The banks older computer system breaks down causing a loss of service to customers for 2 weeks.
D)A bank robber robs a teller at gun point and gets away before police can get to the bank.
E)All of the examples are of operational risk.

Question

Quizplus · Accepted Answer

A bank robbery is an example of criminal or security risk, not operational risk which pertains to the risks arising from internal and external operational failures such as process breakdowns, system failures, human error, or fraud. The other options all involve operational risk.

Which of the Following Would Not Be an Example of Operational