Operational Risk courses - Zurich, Switzerland

These events will be held at a conveniently located venue in the city advertised.

Improve your grasp of operational risk management within the financial services sector by attending the two highly practical and insightful workshops entitled:

Understanding the Fundamentals of

OPERATIONAL RISK

in Financial Services

18 March 2009 - Zurich, Switzerland

A Practical Introduction to

OPERATIONAL RISK MODELLING

in Financial Services

19 March 2009 - Zurich, Switzerland

FUNDAMENTALS OF OPERATIONAL RISK IN FINANCIAL SERVICES

In addition to the regulatory background, more and more firms are recognising the tangible business benefits that a high quality operational risk management framework brings. As a result, a wide range of methodologies and approaches are now being used by specialists to manage, control and mitigate this diverse group of risks.

This workshop is designed as an introductory or refresher course on current operational risk strategy and techniques being used across the financial services sector.

It will be of immediate value to risk managers with less than two years experience and those across the business expected to be aware of operational risk management and control activities.

In just one day:

·                     Clarify the current REGULATORY AND COMMERCIAL DRIVERS of operational risk

·                     Understand how to create and manage a RISK MANAGEMENT FRAMEWORK

·                     Learn techniques for identifying and MANAGING RISK EXPOSURES

·                     Explore practical methods for MONITORING THE RISK ENVIRONMENT

·                     Examine OPERATIONAL RISK CAPITAL assessment methodologies

·                     Understand the wider CAPITAL ASSESSMENTS process including stress testing

·                     Ensure your operational risk management process ADDS BUSINESS VALUE

PRACTICAL INTRODUCTION TO OPERATIONAL RISK MODELLING

Current Regulatory initiatives have forced financial institutions to consider the most appropriate methodology to quantify operational risk. This was initially seen as an issue for firms employing the most advanced approaches for calculating capital. However, the challenge has now extended to all firms looking to establish a risk sensitive assessment of operational risk exposures. Accordingly, it is increasingly necessary for non-quantitative risk professionals and others across the business, to understand the use of operational modelling tools and techniques.

This workshop provides a practical introduction to the issues and methodologies surrounding operational risk quantification and modelling. It is not intended for advanced level statisticians or quantitative analysts, but will be of immediate and lasting benefit to Risk, Compliance and other Business Assurance managers.

In just one day:

·                              Understand the PRACTICAL VALUE AND KEY CHALLENGEs in modelling

·                              Identify the MAIN MODELLING METHODOLOGIES used

·                              Assess the KEY PARAMETERS OF MODELS

·                              Review the FEATURES AND USES OF DISTRIBUTIONS CURVES

·                              Evaluate the tools for BUILDING A RISK MODEL

·                              Examine construction based on HISTORICAL LOSS DATA

·                              Explore STRESS TESTING AND SCENARIO ANALYSIS

·                              Directly benefit QUALITATIVE AND CAPITAL MANAGEMENT

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Please remember to quote KM6237AAR to get the special 10% discount.

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