All too often institutions have seen operational risk as complying with regulatory requirements rather than a process which can contribute to the financial fortune of an organisation. Implementing an effective operational risk framework is a complex process which requires an in-depth understanding of the nature of risks involved and strategies to mitigate them.
This 2 day practical course explores the best practice in operational risk management, at all stages, from assessment to implementation. You will gain tools to manage risk and to create environment where this function is perceived as a value added proposition increasing profitability and structural strength of an orgnisation.
Main topics covered include:
- Risk management drivers
- Risk and Capital - An introduction to Basel I, II and III
- Managing operational risk in the context of Basel II
- Setting up objectives, governance process and compliance requirements
- Measuring operational risk
- The COSO ERM framework
- Implementing operational risk policy and structure and designing controls
- Preparing for Black Swan events
- Scenario analysis for operational risk management planning
- Managing specific risk areas: Internal and external fraud, clients, products and business practices
- Case studies include: Société Générale and National Bank of Australia
By the end of this training you will:
- Learn about the most effective strategies for managing operational risk
- Explore operational risk in the context of Basel II and beyond
- Gain the tools to implement operational risk management in practice
- Explore through the case studies current best international practice
Course Level: The course is designed for existing Risk Management professionals, both beginners and intermediate, who want to enhance their risk management knowledge and skills.
For more information visit our web site:
http://www.eurekafinancial.com/courses/operational_risk_management_london.html
Register before 30 of Apr 2012 and save £200! |
