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 go to:
http://www.eurekafinancial.com/courses/operational_risk_management_london.html
Register before 30 of September and save $400!
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