OR101 for Banks
Basel II! Sarbanes-Oxley! MiFID II! 3LoD II!
Operational risk, although not new, is different. It requires a thorough understanding throughout all levels of an organisation to ensure adequate implementation and application of the discipline to achieve regulatory and legislative requirements. This includes the requirement to formalise an operational risk discipline.
RiskBusiness International Limited has developed an Operational Risk Course aimed specifically at banks whose staff needs a basic, yet solid, understanding of operational risk. OR101 is a two-day course delivered on-site at the firm by highly experienced ex-practitioners, who have all themselves previously held senior executive positions within the financial services industry. This course can be tailored to the organisation, the function or seniority of the participants expected to attend as well as to applying the terms and phrases used by the organisation.
Registration and Welcome
• Module 1: Course Outline
• Module 2: What is OR?
• Module 3: Organisational Issues
Introduction of tools
• Module 4: OR Tools
Regulation and Legislation
• Module 6: Regulatory Landscape
• Module 7: Other Related Legislation
• Module 8: KRI Study and Library
• Module 9: KRI Case Study
• Module 10: Measuring OR
Summary and Conclusions
Teaching is conducted using facilitative methods encouraging participation from all attendees. This promotes effective learning and attendees have opportunities to identify the impact on, and application to their roles back in the office. In addition, real-life case studies, group exercises and videos all enhance the learning process.
The Operational Risk Overview is intended for all levels of staff with some risk experience and who has a requirement for a basic understanding of operational risk within their role. Classes can be grouped by function, role, seniority or a combination of these as specified by the organisation.
Qualifications and Prerequisites
There is no prior experience required; participants are expected to complete some preparatory reading. Each participant will receive a course binder, which will include further optional post-course reading which RiskBusiness strongly advocates the participants consider in their own time.