This inventor holds 2 USPTO granted patents. Top assignee: Bank of America Corporation. Active years: 2009-2012.
Company Filing History:
Years Active: 2009-2012
Title: Innovations by Inventor David Hadd in Operational Risk Assessment
Introduction
David Hadd, an innovative inventor based in Charlotte, NC, has made significant contributions to the field of operational risk management. With a total of two patents to his name, Hadd focuses on developing systems and methods that enhance risk assessment processes for organizations.
Latest Patents
One of David Hadd's latest patents is titled "System and Method for Operational Risk Assessment and Control." The invention outlines various systems and methodologies that enable thorough risk assessment, prioritization, mitigation, and control activities. The designed modules work collaboratively to ensure comprehensive risk management, stability tracking, and effective mitigation plans. These modules can be executed through computer systems, software, networks, or even through traditional paper-based methods. The process begins with a detailed assessment of the organization's functions, identifying potential failure modes and their causes and effects. From this assessment, a risk prioritization report is generated, allowing for an organized approach to mitigating identified risks.
Career Highlights
David Hadd has dedicated his career to addressing complex challenges within operational risk management. His inventions have been instrumental in improving how financial institutions and corporations tackle potential risks. Currently, he works at Bank of America Corporation, where he continues to leverage his expertise in developing innovative solutions.
Collaborations
Throughout his career, David Hadd has collaborated with talented coworkers, including Jennifer B Owens and Jacob Firestone. These professional partnerships have fostered an environment of innovation and creativity, ultimately enhancing the development of effective risk management strategies.
Conclusion
With his innovative approach to operational risk assessment and control, David Hadd continues to make strides in the realm of risk management. His patents not only demonstrate his dedication to improving organizational processes but also highlight the importance of effective risk mitigation in today's complex financial landscape.