Master Risk Frameworks, Basel Standards, and Regulatory Compliance

Provided by: Professional Evaluation and Certification Board (PECB)

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Master Risk Frameworks, Basel Standards, and Regulatory Compliance

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Course Overview:

The "Operational Risk Management Certification for Financial Institutions | ORM Training Course" is a comprehensive and interactive training course meticulously designed to address the complexities of operational risk within the financial services industry. Participants will explore in-depth Basel Committee operational risk requirements, ORM frameworks, regulatory compliance standards, key risk indicators, and practical incident data collection techniques. The course uniquely combines theoretical knowledge with real-world examples, covering risk appetite setting, risk governance, scenario analysis, capital modeling, and reputation risk management. Developed and facilitated by industry-leading experts, this course ensures professionals gain not only the essential skills but also recognition through certification. The program aligns with the latest regulatory updates and industry best practices, making it highly relevant for today's operational risk professionals.

Target Audience:

Chief Risk Officers
Heads of Operational Risk
Risk Directors and Risk Managers
Risk Analysts
Compliance Officers
Internal Auditors
Regulators
Consultants
Senior Managers
Financial Analysts

Targeted Organizational Departments:

Risk Management
Compliance and Regulatory Affairs
Internal Audit
Corporate Governance
Financial Control
Operations Management

Targeted Industries:

Banking
Financial Services
Insurance
Investment and Asset Management
Regulatory Authorities

Course Offerings:

By the end of this course, participants will be able to:

Implement Basel Committee operational risk requirements effectively.
Establish and operate an operational risk management framework.
Conduct comprehensive risk control self-assessments.
Apply techniques for incident data collection and analysis.
Set and manage financial institutions' risk appetite.
Use key risk indicators effectively for risk assessment.
Develop strategies for managing reputation risk.
Perform scenario analysis and capital modeling.
Foster a strong risk-aware culture within financial institutions.

Training Methodology:

This course uses diverse training methodologies, including interactive lectures, real-world case studies, and group discussions. Emphasis will be placed on collaborative exercises, allowing participants to practice risk control self-assessments, scenario analyses, and risk appetite setting. Case studies derived from actual incidents within the financial services industry will offer practical insights into incident data collection, regulatory compliance, and reputation risk management. Interactive sessions encourage active participation, critical thinking, and collaborative problem-solving. Regular feedback sessions ensure continuous improvement and comprehensive understanding of operational risk frameworks and best practices.

Course Toolbox:

Comprehensive Participant ebook
Case Study Packets
Checklists and Templates for Risk Assessments
Regulatory Guidelines and Standards Document
Online Resources and Articles
Examples of Risk Management Software

Course Agenda:

Day 1: Regulatory Context and Risk Governance

Topic 1: Overview of Operational Risk Management and Basel Requirements
Topic 2: Establishing ORM Frameworks and Policies
Topic 3: Risk Appetite Setting in Financial Institutions
Topic 4: Governance Structure for Operational Risk
Topic 5: ORM Compliance Standards and Regulations
Topic 6: Roles and Responsibilities in Risk Governance
Reflection & Review: Recap and Group Discussions on Framework Implementation

Day 2: Risk Identification and Self-Assessment

Topic 1: Techniques for Incident Data Collection
Topic 2: Risk and Control Self-Assessment (RCSA)
Topic 3: Utilizing Key Risk Indicators Effectively
Topic 4: Identifying Emerging Operational Risks
Topic 5: Practical Examples and Group Exercise on RCSA
Topic 6: Documenting and Reporting Findings
Reflection & Review: Interactive Q&A and Group Exercises Recap

Day 3: Risk Culture and Indicators

Topic 1: Developing a Robust Risk Culture
Topic 2: Key Risk Indicators (KRIs) Application and Analysis
Topic 3: ORM Best Practices in the Financial Sector
Topic 4: Incident Management and Response Strategies
Topic 5: Case Study Analysis on Risk Culture Failures
Topic 6: Communication and Training Strategies
Reflection & Review: Group Discussion on KRIs and Culture Building

Day 4: Reputation Risk and Scenario Analysis

Topic 1: Operational Risk Disclosures
Topic 2: Managing Reputation Risk
Topic 3: Scenario Analysis Techniques
Topic 4: Developing Response Plans for Scenario Outcomes
Topic 5: Group Scenario Analysis Exercise
Topic 6: Evaluating Scenario Outcomes and Action Plans
Reflection & Review: Key Learnings from Scenario-Based Planning

Day 5: Capital Modeling and Strategic Integration

Topic 1: Operational Risk Capital Requirements
Topic 2: Capital Modeling Techniques and Tools
Topic 3: Strategic Integration of ORM Practices
Topic 4: Preparing for Operational Risk Certification Exams
Topic 5: Review of Course Concepts and Exam Tips
Topic 6: Long-term ORM Strategies and Continuous Improvement
Reflection & Review: Final Q&A Session and Course Feedback

FAQ:

What specific qualifications or prerequisites are needed for participants before enrolling in the course?

Participants should have a fundamental understanding of risk management principles or practical experience in financial institutions.

How long is each day's session, and is there a total number of hours required for the entire course?

Each day's session lasts approximately 4-5 hours, totaling about 20-25 hours over the five-day course.

What's the difference between operational risk and enterprise risk management (ERM)?

Operational risk specifically involves risks arising from internal processes, people, and systems or from external events, while ERM covers broader risks, including strategic, market, and financial risks.

How This Course is Different from Other ORM Courses:

Unlike other operational risk management courses, this training emphasizes practical application integrated with the latest Basel Committee guidelines and regulatory compliance standards. Participants gain insights from actual industry scenarios, providing an applied understanding of ORM frameworks, risk appetite setting, incident data collection, scenario analysis, and capital modeling. By incorporating interactive discussions, practical exercises, and real-world case studies, attendees not only grasp theoretical concepts but also acquire actionable skills that are immediately applicable in financial institutions. Furthermore, the course uniquely fosters a deeper comprehension of key risk indicators and risk culture, essential for effective risk management and compliance in today's dynamic financial environment. Participants receive comprehensive preparation for recognized certification, ensuring they stand out in their professional field.

ساعات معتمدة: 5 ساعة في اليوم

وضع الدورة: دوام كامل

مقدم الدورة: مركز (Agile Leaders) للتدريب