(Objectives / الأهداف)

By the end of this training course , participants will able to :

-  Define and develop an ORM program using an Activity Based Approach .

- Develop the risk appetite of an organization and using it as a basis for a Key Risk Indicator’s (KRI’s) and Key Control Development.

-  Improve the skills of analyzing and managing operational risk using best practice techniques, in line with Basel requirements.

-  Develop a properly focused management information structure to promote risk awareness and facilitate control.

(Contents / المحتويات)

- Term definitions.

- Operational risk types & sub-types.

- Detailed operational risk classifications.

- Components of operational risk framework.

- Internationally recognized principles for sound operational risk management.

- Why operational risk should be managed?

- Operational risk modeling (Risk Models vs. Model Risks).

- Operational loss data (OLD):

- Definition & attributes.

- Reportable OLD and template.

- Risk Models ( SC ; LDA ; SBA).

- Key risk indicators (KRIs) (definitation , development , monitoring & escalation, documentation) .

- Risk-controls self-assessment (RCSA):                                                       

- Definition & attributes

- Modeling RCSA process overview:

- Monitoring & escalation.

(Participants / المشاركون)

- Senior and middle management involved in investment banking, trading, treasury sales, capital markets operations, structured products, strategic planning.

- Members of risk management committees and compliance officers at senior level.