Much is written about the theory of managing and measuring Operational Risk.
This course focuses on the practical aspects of delivering robust, sustainable and value-adding Operational Risk management processes into a business. Participants will learn how Operational Risk Frameworks are constructed, how to identify, measure, monitor and manage Operational Risks.
Operational risk modeling helps in measuring, monitoring and mitigating the risk of direct or indirect loss caused by inadequate or failed internal process.
Operational Risk is defined broadly and as a causal risk – the risk of loss due to failures in people, processes, systems or external events.
You will learn how to construct Operational Risk Appetite statements and support them with Key Risk Indicator frameworks and how to develop Scenarios for analysis and development of Operational Risk capital.
Also, Participants will learn how to construct meaningful Operational Risk reports that will support better decision- making in their company.
Successful candidates will be better prepared to implement meaningful risk assessment initiatives, produce useful risk management information and understand basic modeling techniques for operational risk measurement.
Participants who fully attend this course and complete the test on the last day will receive a Strategic Axis Professional Certificate (SAPC).
SAPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside.
Along with SAPC certificates, participants could receive IABFM International Academy of Business and Financial Management certificates based on the successful pass of exam.
Understand the environment of risk
Components of risk management
Benefits of risk management
Strategy setting and management
Operational risk Management defined
Linkages and consistencies
Benefits of Operational Risk Management
Operational Risk Management as a tool for the Management of risk
Issues In Operational Risk Quantitative Versus Qualitative Usage Types Of Risk Faced By Organisations Credit
Importance of culture
Strategic Risk Management
Enterprise Risk Management and Operational Risk Management
The three pillars
Operating framework models
Enterprise-Wide Operational Risk Applications
Waterfall Effect Basel II Awareness
Culture And Application Drivers
Planning The Application of Governance
Market Risk Applications
Risk, reward, and regret
Data collection and decision making
CIPS Professional Diploma in Procurement and Supply Joining a CIPS qualification programme means you will join the largest institution in the world for those working in procurement and supply. Aimed at senior procurement professionals and heads.....View Detail
CIPS Advanced Diploma in Procurement & Supply Joining a CIPS qualification programme means you will enter the largest institution in the world for those working in procurement and supply. Provides senior buyers, contract and supply chain.....View Detail
CIPS Diploma in Procurement and Supply Joining a CIPS qualification programme means you will enter the largest institution in the world for those working in procurement and supply. A valuable management tool for those moving into junior and.....View Detail
This CIPS qualification is designed for those in an operational role who need the capability to carry out procurement and supply tasks. You will develop the knowledge to understand demand management, arrange supply logistics and implement new.....View Detail
Procurement and Supply Operations - CIPS Certificate The ideal qualification if you're just starting your career in procurement or if its part of your role. It will enable you to recognize and describe the critical processes and build your.....View Detail
Healthcare Workforce Planning Healthcare workforce planning – can we face the future without it? Workforce planning is one the most critical HR processes and linked to every other function in HR management. Skills for Health’s.....View Detail
Labour and Employment Law in UAE Be Up-To-Date With The UAE Labour Law That Impacts Your Business. Understand the fundamentals of labour law in the UAE and avoid non-compliance. This course will provide a recap of the UAE labour law for.....View Detail
Business Process Design for Strategic Management Business process improvement strategy through Dynamic Work Design, from industry leaders with decades of experience. A static approach to work design doesn’t account for what happens when things.....View Detail
Certified Brand Manager Certified Brand Manager covers the roles and responsibilities of brand management, and how these are evolving, the key organizational interfaces, and the use of the traditional marketing "Ps" to strengthen.....View Detail
Risk Management Professional (PMI-RMP)® This PMI-RMP certification training will help you master the processes of risk management, the structured, objective approach to addressing uncertainty in projects. You’ll learn the processes associated.....View Detail