15 Mar 2014 - Operations Risk Management & Mitigation

Operations Risk Management & Mitigation - from assessment to implementation

27-28 March 2014

Shangri-La Hotel, 176 Cumberland Street, The Rocks, Sydney,

"Operations Risk Management & Mitigation - from assessment to implementation" - This course is approved by NASBA (National Association of State Boards of Accountancy). Seminar attendees are eligible for 16.5 CPE credits upon completion of training.

This course provides a complete structured package for learning in all main aspects of the subject of Operational Risk. It will enable participants to prepare and manage the planning and implementation of operational risk management processes in their bank/ financial institution or firm.

Key objectives and learning outcomes:

The aim of the course is to provide:

• An understanding of Risk in all its facets
• An understanding of Operational Risk Techniques for assessing, managing and mitigating Operational Risk
• A link between Operational Risk management theory & practice
• A clear "road-map" on how to implement an Operational Risk management structures them in practice in a banking organization.

Objective:

The objectives of this training course is to provide all staff, irrespective of whether they work in the front, middle or back-office, with a sound foundation in the theory and practice of Operational Risk Management. This training is provided in a practical "hands-on" manner that allows them to implement what they have learned easily and effectively.

Methodology:

This training course uses a combination of prepared tuition, examples, discussions, exercises and case studies. Most importantly it will offer participants, opportunities to share experiences and plan work within small working groups, providing practice in the application of the techniques and tools generating active participation. Case study materials as well as lecture presentations to set out the key issues in developing good operational risk management in banks.

Agenda:

Day 1:

THE WHY, HOW & WHAT OF OPERATIONAL RISK

• What is risk?
• Risk Types
• Risk & Capital - An Introduction to Basel I, II and III
• Managing Operations Risk
• Operational Risk Practical Examples
• Case Study
• Key Elements in Managing Operational Risk
• Operational Risk Financing
• Methods & Models
• COSO ERM Framework
• The Black Swan
• Case Study
• Operations Risk & Basel (II and III)
• Managing Operations Risk under Basel - A Hands-on approach
• "Sound Practices for the Management and Supervision of Operational Risk"

Day 2:

IMPLEMENTATION

• Developing an appropriate Risk Management Environment
• Defining the Categories of Operational Risks
• Products & Operations Risk
• Case Study
• MANAGING OPERATIONS RISK TOOLS & TECHNIQUES
• Causes & Consequences The Bow Tie
• Methods for Assessing Operational Risks
• Desktop Exercise
• A Risk Assessment Model
• Current Operations Risk Management Themes in Banking
• Closing CASE STUDY

Click here for detailed agenda

Venue:

Shangri-La Hotel,
176 Cumberland Street,
The Rocks, Sydney,
NSW 2000, Australia

Register Now and Save $700 (Offer Extended)
For Registrations till February 20, 2014 - $999
Actual Price - $1,699

Register here

Your registration fee includes the workshop, all course materials and lunch.