Managing Extreme Financial Risk
Strategies and Tactics for Going Concerns

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Language: English

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152 p. · 15.2x22.8 cm · Paperback

Managing Extreme Financial Risk addresses the need for better management strategies in light of increased market risk and volatility in financial institutions' revenue models.  Top officials from the financial and regulatory industries point to real corporate issues, showing how institutions react to financial crises. From first-hand experiences, they explain how effective sustainability management does not just prevent being blindsided; it also leads to proactive solutions that enhance an institution's strength to weather a sudden financial crisis, add significant shareholder value, and reduce systemic risk. Readable, coherent, and logical, Managing Extreme Financial Risk shows how extreme risk needs to be handled when the cost of being wrong means the difference between life and death of the institution.



  • Based on the firsthand experiences and perspectives of senior-level executives
  • Concentrates on extreme risk, when the cost of being wrong is not the loss of profits, but the death of the institution
  • Written to be easily understood without algorithms, models, and quants
    1. Sustainability Management is Critical

    2. Tail Risk As The Culprit

    3. Need For A Distinct Focus on Tail Risk

    4. Sole Focus on Risk Management Can Be Dangerous

    5. Usefulness and Limits of Quant Models

    6. If You Can’t Measure It, You Can’t Manage It

    7. Simplicity to Counter Complexity of Revenue Models

    8. A New Measure For Effective Sustainability Management

    9. Continuous Readiness is Critical

    10. Effective Sustainability Management

    11. Paradoxical Capital Problem

    12. Capital As The Last Defense vs. the First Defense

    13. Sustainability Management, Systemic Risk & Regulatory Supervision

    14. Convergence of Regulatory Objectives and Institutional Interests

    15. Telling Your Story Effectively To Alleviate Marketplace Anxiety

    16. Sustainability Management And Risk Governance

    17. From The Bane of Revenue Model To A Competitive Advantage
Executives, board members, and regulators as well as undergraduate and graduate students working in all subdisciplines of finance, especially risk management and financial institution management.
Karamjeet Paul has over 30 years of operating, finance, treasury, and exposure managment experience, giving him unique expertise in identifying and addressing critical risk-exposure-reward and other strategic issues at the highest levels in large organizations. Mr. Paul's perspective has been gleaned from hands-on experience in large global organizations, startups in entrepreneurial settings, and consulting assignments.
  • Based on the firsthand experiences and perspectives of senior-level executives
  • Concentrates on extreme risk, when the cost of being wrong is not the loss of profits, but the death of the institution
  • Written to be easily understood without algorithms, models, and quants