This 3-hour online course is brief dive into Operational Risk Management & Mitigation.

Aimed at exploring the Operational Risk management function and mitigation requirements as mandated by multiple regulators around the globe; a key objective of this course is to move the participants beyond the statutory operational risk compliance requirements to an understanding of managing operational risk as a value added proposition that can be instrumental in increasing the profitability of the organization while at the same time improving its structural strength.

Now the ongoing continuum of headline-grabbing operational risk incidents at banks, other financial institutions and even regulators continue to keep the issue of operational risk management at the top of agendas of CEO’s , CRO’s, Risk Managers and Internal & External Auditors alike.

Event Agenda

08:30

Topics

What is risk?

  • Operational Risk – The big picture
  • Dimension & drivers of risk management
  • Business drivers
  • Regulatory drivers
  • Rating Agencies & risk
  • Cross-border implications
  • What is the value of Operational Risk Management?

Risk Types

  • How we categorize risks
  • What is covered under Basel?
  • Risk categories
  • Basel’s risk coverage
  • Operational risk categorization
  • The financial risk management environment
  • The operational risk management environment
  • The technical Implications of operational risk management

Managing Operational Risk

  • Implementation issues
  • The governance process
  • Setting risk management objectives
  • Building a risk culture
  • Examples of a staff risk culture
  • Examples of management risk culture
  • Why are risk cultures important?​

Key Elements in Managing Operational Risk

  • The core issues in managing operational risk
  • Risk Analysis
  • Determining the “Risk Appetite”
  • Risk impact / Event frequency
  • Impact vs. Probability
  • A generic case study

What is risk?

  • Operational Risk – The big picture
  • Dimension & drivers of risk management
  • Business drivers
  • Regulatory drivers
  • Rating Agencies & risk
  • Cross-border implications
  • What is the value of Operational Risk Management?

Risk Types

  • How we categorize risks
  • What is covered under Basel?
  • Risk categories
  • Basel’s risk coverage
  • Operational risk categorization
  • The financial risk management environment
  • The operational risk management environment
  • The technical Implications of operational risk management

Managing Operational Risk

  • Implementation issues
  • The governance process
  • Setting risk management objectives
  • Building a risk culture
  • Examples of a staff risk culture
  • Examples of management risk culture
  • Why are risk cultures important?​

Key Elements in Managing Operational Risk

  • The core issues in managing operational risk
  • Risk Analysis
  • Determining the “Risk Appetite”
  • Risk impact / Event frequency
  • Impact vs. Probability
  • A generic case study

Speakers

Richard Barr

Richard Barr

Pricing & Registration

€125

Participation Fee

Contact Us

Claire Cauchi