Operational risk is defined as the risk of loss
resulting from inadequate or failed internal processes,
people and systems, or from external events. Although the
risks apply to any organisation in business it is of
particular relevance to the banking system where regulators
are responsible for establishing safeguards to protect
against systemic failure of the banking system and the
economy
Operational risk covers a wide range of categories such as
Fraud, Systems, operations, Communication and Documentation.
The operational risks management therefore involves managing
technology, people and processes involved in the banking
system
These topics need to be placed into the context of an
organization framework for the Management of Operational
Risk.
We provide a range of public scheduled courses on a monthly
basis. We also offer all of our courses on-site world-wide.
On-site courses can significantly reduce your costs and
works well because people won’t need to travel away from the
office and home.
COURSE CONTENT:
Operational Risk
Objectives of operational risk management
Responsibilities
developing a risk awareness culture
developing operational risk management procedures
Operational risk management techniques
self assessment
benchmarking
allocating operational risk costs
Course Objectives:
At the end of the course, participants should be able to:
Identify and define the boundaries of operational risk
Understand specific risks in financial institutions and
their impact on operational efficiency
Identify solutions and tackle line management, internal
control and the effect of human error
Implement IT solutions to mitigate operational risk
This is an intermediate level course designed to benefit
professionals working within
