Operational Risk Management plays a critical role within financial institutions due to the inherent complexities and vulnerabilities of their operations. It is essential for these institutions to identify, assess, and mitigate operational risks to protect their financial stability, reputation, and regulatory compliance. By effectively managing operational risks, financial institutions can minimize the likelihood and impact of operational failures, such as fraud, technology glitches, human errors, or inadequate internal controls. This proactive approach not only enhances overall operational efficiency and resilience but also instills confidence among stakeholders, including customers, investors, and regulators, fostering a sustainable and trustworthy financial ecosystem.
This comprehensive course provides participants an opportunity to enhance their understanding of the methodologies and best practices for improving operational risk management within financial institutions. Through in-depth discussion and examples, participants will explore a diverse range of activities that have the potential to result in operational losses. Moreover, participants will learn techniques to effectively estimate the frequency and severity of such losses from both an internal management and compliance standpoint.
The course places emphasis on the significance of enterprise-wide risk management, highlighting the necessity of extending surveillance across all facets of an organization's operations. Special attention will be given to the criticality of internal risk controls and monitoring procedures, with a specific focus on areas such as conduct risk, cyber risks, internal and external fraud, and money laundering.
The course also emphasizes the elements that contribute to fostering a strong risk culture within an organization, along with the impact of robust corporate governance on operational practice.
This course will cover a wide range of learning methods including explanatory slides, case studies, and detailed examination of Excel models in an interactive workshop style environment.
By the end of the course, participants will be able to:
The course is valuable for those interested in operational risk modelling and those engaged in compliance with all applicable regulations regarding operational risk in financial institutions. This includes, but is not limited to, banking personnel in all areas of operational risk; asset allocators/portfolio strategists; risk managers/controllers; and senior personnel in the back office.
Fees + VAT as applicable
Discount Plans & Cancellations PolicyFees + VAT as applicable
Discount Plans & Cancellations PolicyMeirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.
Tax Registration Number: 100239834300003
This course is also offered in face-to-face courses, click on the course below.
This course will cover a wide range of learning methods including explanatory slides, case studies, and detailed examination of Excel models in an interactive workshop style environment.
By the end of the course, participants will be able to:
The course is valuable for those interested in operational risk modelling and those engaged in compliance with all applicable regulations regarding operational risk in financial institutions. This includes, but is not limited to, banking personnel in all areas of operational risk; asset allocators/portfolio strategists; risk managers/controllers; and senior personnel in the back office.
Fees + VAT as applicable
Discount Plans & Cancellations PolicyFees + VAT as applicable
Discount Plans & Cancellations PolicyMeirc reserves the right to alter dates, content, venue, trainer, and to offer courses in an integrated virtual learning (IVL) format whereby face to face classroom participants and virtual learners participate simultaneously in the same course in an interactive learning experience.
Tax Registration Number: 100239834300003
This course is also offered in face-to-face courses, click on the course below.
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Course :
Title :
UAE Tax Registration Number
100239834300003
KSA Tax Registration Number
311655469100003
UAE Tax Registration Number
100239834300003
UAE Tax Registration Number
100239834300003
KSA Tax Registration Number
311655469100003
KSA Tax Registration Number
311655469100003
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