Operational Risk Management and Mitigation

Course Info

Length: 1 Week

Type: Online

Available Dates

Fees

  • Dec-30-2024

    1,590

  • Jan-27-2025

    1,590

  • Feb-24-2025

    1,590

  • Mar-24-2025

    1,590

  • Apr-28-2025

    1,590

  • May-26-2025

    1,590

  • June-23-2025

    1,590

  • July-28-2025

    1,590

  • Aug-25-2025

    1,590

  • Sep-29-2025

    1,590

  • Oct-27-2025

    1,590

  • Nov-24-2025

    1,590

  • Dec-29-2025

    1,590

Course Details

Course Outline

5 days course

The Foundations of Operational Risk Management
 
  • What is Risk and Operational Risk Management?

  • The Benefits of Operational Risk Management

  • The Operational Risk Management Framework

  • The 6-step Operational Risk Management Cycle

  • Enterprise Risk Management

  • Risk Identification Process

  • Risk Management Principles and Standards

  • Risk Assessment

Risk Management Methods
 
  • The Challenges of Risk Management

  • Operational Risk Management in the Corporate Structure

  • Probability and Statistics for Operational Risk Management

  • Risk Modelling

  • Failure Modes and Effects

  • Risk Measurement

  • Risk Maturity Level and Risk Appetite

  • Risk Response

Risk Governance
 
  • Risk Controls

  • Key Risk Indicators (KRIs)

  • Qualitative and Quantitative Risk Analysis

  • Risk Actions

  • Risk Reviews

  • Risk Governance – Three Lines of Defense

  • Risk Oversight, Documentation and Reporting

  • Project Risk Management

Implementing Operational Risk Management
 
  • Overcoming the Hurdles to Risk Management

  • Risk Management Communication

  • Setting a Risk Management Vision

  • Stakeholder Ownership of Risk Management

  • Instilling a Risk Management Culture

  • International Attitudes to Risk

  • Embedding Operational Risk Management

Integrating Risk Management into your Operations
 
  • Web-based Risk Management Tools

  • Integrating Risk Management into Your Operations

  • Top Tips for Successful Operational Risk Management

  • Review of Learning

  • Personal Action Planning based on Lessons Learned from Course

Course Video