“El riesgo operativo y la rentabilidad en la Cooperativa de Ahorro y Crédito Cámara de Comercio de Ambato Ltda.

Abstract

This paper considers the study and analysis of operational risk, which is caused by human error, system failures, existing policies, processes or inadequate controls and external events; by applying the process of identification, measurement, control and mitigation; resulting in the level of vulnerability of the Cooperative Ambato Chamber of Commerce Ltda.; upon the occurrence of any loss events, the risks are no longer simply to avoid dangers, but in many cases are opportunities to seize, allowing you to create value for the institution. The control system and operational risk management refers to measures to be used for mitigation process events of greater impact, resulting from the lifting of the risk matrix of the entity that is nothing but the graphical representation of probability and impact, these control activities are established to ensure the proper execution of risk responses. However for certain purposes the activities of control constitute the risk response. Having evaluated the relevant risks determined how to respond, through avoid, reduction, sharing, or accept the risk. Control activities serve to mitigate the risks of most relevant events; through establishing action plans to be executed and subsequently measured and evaluated in order to check the effectiveness of control and thus check whether the reduced risk severity; this requires the support of senior management and process managers who are