Set a realistic target state for operational risk in financial institutions and a defensible route to it.
Operational Risk Management in Financial and Banking Institutions
A working programme in operational risk in financial institutions for managers who have to deliver with existing resources.
📍 Abu Dhabi🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Regulators no longer accept intent as evidence of control over operational risk in financial institutions. Capital, liquidity and reputation are all exposed by weak handling of financial institutions. Practitioner evidence points the same way: the practice within financial and banking practice improves fastest where responsibility for it is named and owned. The version of operational risk in financial institutions described in the manual and the version practised on the floor tend to diverge over time. The course sets out a working method for this strand of financial and banking practice that participants can apply the week they return. Participants develop a defensible line of reasoning for the choices they make about financial institutions. The method assumes participants will be challenged on their handling of operational risk in financial institutions and prepares them for it. The programme works equally well for those formalising financial institutions for the first time and those improving an existing approach. The course ends by identifying what the participant will stop doing to make this aspect of financial and banking practice sustainable.
Expected Learning Outcomes
Apply the relevant accounting and disclosure treatment to financial institutions.
Set early warning indicators that flag deterioration in operational risk in financial institutions.
Sequence improvements to financial institutions so that each step makes the next one easier.
Plan the remediation route when a weakness in operational risk in financial institutions is identified.
Anticipate the objections that financial institutions will attract internally and answer them in advance.
Define the risk appetite applying to operational risk in financial institutions and translate it into operating limits.
Who Should Attend
Investment and portfolio managers exposed to operational risk in financial institutions.
Internal auditors reviewing the controls around financial institutions.
Compliance and governance staff whose remit includes operational risk in financial institutions.
Department heads accountable for the results of financial institutions.
Credit and underwriting officers assessing operational risk in financial institutions.
Risk managers responsible for financial institutions.
Course Modules
Operational risk in financial institutions: capital, liquidity and balance sheet effect
2 sessions · 8 pointsSession 1What to measure in operational risk in financial institutions and what to ignore
- Review whether operational risk in financial institutions is aligned with the objectives of the business line.
- Build the competence framework that supports financial institutions.
- Assess the capital consumed by operational risk in financial institutions under current and stressed conditions.
- Anticipate the objections financial institutions will raise and prepare the answers.
Session 2Getting other functions to support financial institutions
- Establish what evidence demonstrates operational risk in financial institutions is under control.
- Collect evidence on the present handling of financial institutions before proposing changes.
- Confirm reporting on operational risk in financial institutions reaches the committee that can act on it.
- Translate the appetite for financial institutions into limits someone monitors daily.
Financial institutions: audit evidence and examiner readiness
2 sessions · 8 pointsSession 1The early warning on financial institutions that arrives in time
- Identify the key controls over operational risk in financial institutions and who tests them.
- Rehearse the briefing on financial institutions that would follow an incident.
- Verify reconciliation and settlement controls covering operational risk in financial institutions.
- List the assumptions in any model supporting financial institutions and when each was last challenged.
Session 2Reading the current state of financial institutions honestly
- Prepare the evidence pack demonstrating operational risk in financial institutions operated as designed.
- Check that records of financial institutions answer the questions likely to be asked.
- Check the legal and contractual exposure created by operational risk in financial institutions.
- State the risk appetite for financial institutions as a number, not an adjective.
Financial institutions: measurement, models and their assumptions
2 sessions · 8 pointsSession 1Reporting financial institutions so the reader can act on it
- Design the exception process for operational risk in financial institutions and require a documented rationale.
- Confirm regulatory reporting on financial institutions is complete, timely and reconciled.
- Agree what will be standardised in operational risk in financial institutions and what will not.
- Test the procedure for financial institutions against a realistic scenario.
Session 2Setting a limit on operational risk in financial institutions that will actually be respected
- Confirm segregation of duties across initiation, approval and settlement of operational risk in financial institutions.
- Agree the indicators that will show whether financial institutions is improving.
- Build the internal briefing that explains operational risk in financial institutions to those affected.
- Estimate the resource financial institutions requires to run as designed.
Financial institutions: reporting that supports a decision
2 sessions · 8 pointsSession 1Stress scenarios for financial institutions that are plausible rather than convenient
- Benchmark the organisation's operational risk in financial institutions against comparable operations.
- Agree the smallest change to financial institutions that would be visibly useful.
- Review the pricing of operational risk in financial institutions against the risk being assumed.
- Check the accounting treatment applied to financial institutions against current standards.
Session 2Pricing financial institutions for the risk actually taken
- Define acceptance criteria for operational risk in financial institutions in advance.
- Confirm that reporting on financial institutions reaches the people who can act.
- Set early warning indicators for operational risk in financial institutions with defined action thresholds.
- Review concentration by counterparty, sector and geography inside financial institutions.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
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