المخرجات
By the end of this training course, trainees will be able to:
- Define key operational risk sound practice and link them to day-to-day practices.
- Identify the key components of an operational risk management framework.
- Explain the traditional three lines of defense and the allocation of risk responsibilities.
- Specify operational risk management tools, their purposes, and uses.
- Capture, report and investigate operational risk events.
- Develop key risk indicators (KRIS).
- Apply various risk assessment methodologies including but not limited to Risk & control Self-Assessment (RCSA).
- Recognize how risk culture can assist the overall business and add value.
- Define and implement operational risk appetite.
- Describe the different categories of operational risk and explain how each type of risk can arise.
الفئة المستهدفة
- Professionals working in:
- Risk .
- Regulatory compliance.
- Audit.
- Internal control units.
الهدف العام
This area focuses on Operational Risk fundamentals including management and measurement tools and methodologies, in order to enable risk professionals to better understand and manage Operational risks across an organization, and conclude how effective Operational risk management impacts an organization’s risk culture and governance practices. The broad knowledge points covered in Operational Risk and Management include the following:
- Principles for sound operational risk management.
- Operational risk management tools & methodologies.
- Operational risk mitigation techniques.
- Analyzing and reporting operational risk data.
- Risk culture and Governance.