Operational Risk Management in Banks
Category : Banking
Duration: 5 days
Operational risk refers to the risk of loss resulting from inadequate or failed internal processes, systems, or external events. This training provides a comprehensive understanding of operational risk in banks, covering identification, assessment, monitoring, and mitigation strategies. Participants will also explore the regulatory frameworks and best practices in operational risk management.
Learning Objectives
Identify and assess operational risks in banks
Implement risk control and mitigation strategies
Use tools to monitor and report operational risks
Ensure compliance with operational risk regulatory requirements
Training Program
Introduction to Operational Risk
Key components of operational risk: internal processes, systems, and people
The impact of operational risk on banking operations
Quiz: Identify sources of operational risk in banking
Risk Identification and Assessment
Risk identification techniques: scenario analysis, risk mapping
Quantitative and qualitative risk assessment methods
Practical case: Conduct an operational risk assessment for a bank
Risk Mitigation and Control
Implementing internal controls and risk management frameworks
Business continuity planning and disaster recovery
Practical case: Propose a mitigation strategy for an operational risk event
Regulatory Requirements for Operational Risk
Basel III requirements for operational risk management
Reporting and disclosure obligations
Quiz: Test your understanding of operational risk regulations
Monitoring and Reporting Operational Risk
Key risk indicators (KRIs) for operational risk
Risk dashboards and regular monitoring techniques
Practical case: Develop an operational risk monitoring report
Key Points
Numerous practical examples illustrating the different studied concepts
Practical cases to draw parallels with the concepts learned
Who Should Attend This Training
Risk managers and analysts
Compliance officers
Operations managers
Bank auditors
Prerequisities
Basic understanding of risk management in banking
Teaching Methods
Training structured around skill transfer
Acquisition of operational skills through practice and experimentation
Collaborative learning during synchronous sessions
Multi-stage learning path to allow engagement, learning, and transfer
Training promoting participant engagement for better anchoring of lessons
Satisfaction and Evaluation
Skill evaluation will be conducted throughout the training by the participant (self-evaluation) and/or the trainer according to the training methods.
Online training evaluation on your participant space:
Immediate evaluation at the end of the training to measure your satisfaction and perception of skill improvement against training objectives. With your agreement, your overall rating and comments will be published on our site via Verified Reviews.
Post-training evaluation 40 days later to validate the transfer of your acquired skills in the workplace
Attendance tracking and issuance of an individual training certificate or a certificate of completion
LONDON
128 City Road, EC1V 2NX London
PARIS
38 Rue Boulard, 75014, Paris