Operational Risk Management

Reference:

Technical training

Risk Management

Webinar

Incompany

1 day

2 days

The importance of operational risk management can hardly be overstated. Cases of mismanaging operational risk and the dire consequences from doing so have become all too famous through the financial press. This course provides participants with a solid understanding of operational risk and how to manage it.

Course Content

Definition of operational risk
Analysing the Causes of Operational Risk:
Internal processes
People
Systems
External events
Operational Risk Management Cycle
Quantitative and qualitative approaches to managing operational risk
Evaluating and managing IT risk
Managing people risk
Risk & control self-assessment (RCSA)
Key risk indicators
Business Continuity Management
Future Trends in Operational Risk Management

Target Audience

Risk managers and other financial service professionals with at least 1 year experience in financial services who want to understand operational risk