$4,190

Certified Operational Risk Professional

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Rotana City Center Hotel

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Doha, Doha

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Much is written about the theory of managing and measuring Operational Risk. This course focuses on the practical aspects of delivering robust, sustainable and value-adding Operational Risk management processes into a business. Participants will learn how Operational Risk Frameworks are constructed, how to identify, measure, monitor and manage Operational Risks. They will learn how to construct Operational Risk Appetite statements and support them with Key Risk Indicator frameworks and how to develop Scenarios for analysis and development of Operational Risk capital. Finally, Participants will learn how to construct meaningful Operational Risk reports that will support better decision- making in their company.

Day 1
Fundamentals of Risk Management
»» Definition and scope of Operational Risk
»» Relationship of Operational Risk to other risk types
»» Key components of an Operational Risk framework
»» Case Studies
The Regulatory Treatment of Operational Risk
»» Key regulatory influences on Operational Risk
»» Evolving approaches to regulation and supervision
»» Regulatory interest in specific Operational Risk categories
»» Capital adequacy implications of Operational Risk management for Banks
Management of Operational Risk
»» Components of a risk governance framework and how they interact
»» Roles and responsibilities of the Operational Risk management function
»» Accountabilities, roles and responsibilities in the management of Operational Risk
»» Needs and expectations of external stakeholders in relation to operational risk
Governance & Culture
»» Risk Taxonomies
»» Operational Risk Management Policy Framework
»» Human Factors

Day 2
Risk Management Frameworks
»» Available Frameworks
»» ISO 31000
»» The Risk House

Day 3
Risk Management Tools and Techniques
»» Categorisation of Operational Risks
»» Risk & Control Self-Assessment
»» Issues & Action Plan Management
»» Incident & Loss Event Management

Day 4
Operational Risk Appetite
»» What is Risk Appetite
»» Principles for an effective Operational Risk Appetite Framework
»» Elements of an Operational Risk Appetite Statement
»» The Differences between Capacity, Appetite and Tolerance in relationship to Operational Risk Appetite
»» The process for setting Operational Risk Appetite
»» The role of Operational Risk Appetite in a Company’s Culture
Key Risk Indicators
»» Role and purpose of different forms of Risk Indicators
»» Nature and Use of Key Risk Indicators
»» Challenges surrounding Key Risk Indicators
»» Sustainable Key Risk Indicator Framework

Day 5
Scenario Analysis
»» Understand the nature of Scenarios
»» Understand the benefits of Scenario Analysis
»» Internal and external factors affecting the Scenario assessment process
»» Approaches for assessing Scenarios
»» Elements involved in constructing Scenarios
»» Influences on and forms of bias which may affect Scenario assessments
»» Methods for validating Scenario outcomes
»» Challenges in undertaking Scenario Analysis
»» The role of Stress-Testing, Reverse Stress-Testing and the use of Scenario Analysis in establishing “Living Wills”
Operational Risk Reporting
»» Who needs an Operational Risk Report – understand your audience
»» What and when to report
»» Derive value from the Operational Risk Report
Course Review
»» Q&A

Feel free to get in touch at ivana.n@leoron.com or give us a toll free call at tel: +971 800 536766


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Rotana City Center Hotel

Conference Centre

Doha, Doha

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