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OPERATIONAL-RISK-MANAGEMENT4 MIN READ

Sort the Control Type

Sort operational controls into preventive, detective, and corrective roles.

Place each control into its primary role. Ask what the control mainly does: stop, reveal, or restore. Preventive Detective Corrective System blocks vendor-bank changes until callback evidence is attached. Daily report lists payments above threshold with missing approval evidence. Runbook freezes future payments and starts recall steps after suspected fraud. Workflow requires segregation of duties before a refund can be released. Quality sample checks ten completed onboarding files each week. Post-incident fix updates the procedure and retrains the queue owner. Access-management tool denies self-approval for privileged-role changes. KRI dashboard flags aged exceptions above the risk appetite threshold.

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