This advanced workshop addresses the major issues that a firm will face in its attempts to gain value from its operational risk framework and processes, looking at the key drivers which affect the delivery of effective operational risk management.
Financial services firms are at different stages in their implementation of a robust operational risk management framework. This workshop will examine some of the key issues that arise in practice and explore innovative solutions to some of these challenges.
Learning Objectives
Delegates will gain a thorough understanding of:
- Calculation of risk appetite
- How to obtain value from control and risk self assessment
- Understanding the true value of internal loss data
- Developing suitable scenarios and undertaking scenario modelling
Who Should Attend
This is an advanced workshop in the management of operational risk. A basic knowledge of the operational risk rules and basic concepts of the Basel Accord will be assumed.
It will be of interest to:
- Risk managers and analysts
- Internal and external auditors
- IT and operations professionals
- Business managers and team leaders
- Individuals who are responsible for operational risk monitoring or reporting.
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