Operational risks and losses are not new, they take many different forms which makes them difficult to measure, control or even identify. They have always been there and are more than ever present in every bank. They are the price to pay for the complexity, speed and sophistication of modern banking.
It is only recently however that Operational Risk has emerged both as a risk category and a discipline in its own right, a process which culminated in the separate capital charge for Operational Risk created by the new Basel II Accord.
This highly interactive program provides you with the practical knowledge to understand the operational risks aspects and implications of the banks’ day to day activities.
Duration – Two days
Target Group
Anyone involved in the design and decision making of operational risk including; Board Members and Executive Directors, Senior Internal Auditors and Audit Managers, Compliance and Quality Assurance Managers, Finance Managers.
How you will benefit by attending this program
By attending this program, you will understand:
- The key concepts of Operational Risk Management such as Risk Events, Key Risk Indicators, Scenario Analysis and Risk Appetite
- The Basel II Approaches to Operational Risk Management
- How to prioritise risks
- The critical value to the enterprise of a robust Operational Risk Framework and function
- How to identify, prevent and manage operational risk