The course covers in breadth and depth all aspects of operational risk management and its challenges in the financial services industry. Hot topics such as, selection and reporting of leading KRIs, demonstrating business value of risk management, regulatory compliance gaining and the formulation of a risk appetite statement are detailed and debated. Uprising topics like risk connectivity, reporting of aggregate measures and conduct risk monitoring are also covered.
You will learn how to
· All best practices in operational risk management for financial companies
· Highlight of key regulatory expectations including Conduct risk
· Effective tools to identifications risks and scenarios
· Sound methodologies for scenario analysis and assessment of rare events
· Structure method to identify and design leading key risks indicators
· Root cause analysis for better control design
· Typology and essential controls for human error
· Formulate risk appetite and tolerance statements
· Reporting on aggregate metrics
· Risk connectivity and risk maps
· Influencing risk culture
Course Outline