Course details
Loading...
Generating course details...
• Understanding Operational Risk Management (ORM) Frameworks: This unit covers the fundamental principles and best practices of ORM, including risk assessment, risk mitigation, and risk monitoring. It provides a comprehensive overview of the ORM framework, enabling learners to develop a robust risk management strategy.
• Risk Identification and Assessment Techniques: This unit focuses on the identification and assessment of operational risks, including techniques such as risk mapping, SWOT analysis, and root cause analysis. Learners will develop skills to identify potential risks and assess their likelihood and impact.
• Risk Mitigation and Control Strategies: This unit explores various risk mitigation and control strategies, including policies, procedures, and controls. Learners will learn how to design and implement effective risk mitigation plans to minimize the likelihood and impact of operational risks.
• Compliance and Regulatory Requirements: This unit covers the regulatory requirements and compliance standards for operational risk management, including Basel III, Solvency II, and other relevant regulations. Learners will understand the importance of compliance and how to ensure that their risk management practices meet regulatory requirements.
• Data Analytics and Risk Reporting: This unit focuses on the use of data analytics and risk reporting in operational risk management. Learners will learn how to collect, analyze, and report risk data to inform risk management decisions and monitor the effectiveness of risk mitigation strategies.
• Operational Risk Governance and Culture: This unit explores the importance of governance and culture in operational risk management. Learners will learn how to establish a risk-aware culture and develop effective governance structures to support risk management practices.
• Risk-Based Capital Allocation and Budgeting: This unit covers the principles of risk-based capital allocation and budgeting, including the use of risk metrics and capital allocation models. Learners will learn how to allocate capital effectively to manage operational risks.
• Operational Risk Management in Financial Institutions: This unit focuses on the application of operational risk management in financial institutions, including banks, insurance companies, and other financial services organizations. Learners will learn how to adapt operational risk management practices to the specific needs of financial institutions.
• Operational Risk Management in Non-Financial Institutions: This unit explores the application of operational risk management in non-financial institutions, including manufacturing, healthcare, and other industries. Learners will learn how to adapt operational risk management practices to the specific needs of non-financial institutions.
• Operational Risk Management in a Post-Pandemic World: This unit covers the impact of the pandemic on operational risk management and the need for organizations to adapt their risk management practices in response to changing circumstances. Learners will learn how to develop a risk management strategy that is resilient to future disruptions.