Key Elements in Effectively Managing Operational Risk: A Comprehensive Guide
Duration : 90 Minutes
Stanley Epstein,
Stanley holds a Masters degree in Economics and a BCom. degree in Accounting from the University of South Africa, Pretoria. He has extensive banking and IT experience, 33 of which were with the Standard Bank of South Africa. He also filled several industry level roles in South Africa. This include Read more
This webinar sets out a systematic approach covering the fundamental steps required to identify, manage, and mitigate operational risks. We cover key aspects of operational risk management including critical issues such as risk analysis, risk appetite, probability, impact, risk mitigation process, and prioritization.
This 90-minute webinar is about key issues in the managing of operational risks.
Course Objectives:
• Explains the processes used in the management of operational risk.
• How to identify the different types of operational risks.
• Explores the methods used in identifying and evaluating the different operational risks.
• Examines the critical issues such as risk analysis, risk appetite, probability, impact, the risk mitigation process, prioritization and risk management responsibilities.
Course Outline:
Inadequate or failed internal processes, people and systems or external events are the key “risk drivers” in operational risk. These “risk drivers” are exceptionally wide-ranging and cover virtually every element of the operations in all forms of business and other organizations.
As our source, we draw on the financial industries approach to operational risk management as defined in the Basel Accords. The Basel view, from the definition to the process and principles used, is in the presenter's view, the most succinct way of presenting a practical interpretation of operations risk management that can easily be duplicated in other business and operational entities.
The effective management of all operational risks is a major component of an organization’s risk management strategy.
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
The following organizations and professionals from the financial services and fintech industry will benefit from this training:
• All business and organizational types from one-man operations to corporations
• Financial Institutions including Banks, Community Banks etc.
• Financial Officers
• Risk Officers
• Internal Auditors
• Compliance Officers
• Operational Risk Managers
• Heads of business and operational departments
• System developers involved with designing and building banking/fintech applications
• Staff with roles and responsibilities in operational risk in risk management departments, businesses and central departments.
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
100% MONEY BACK GUARANTEED
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