What you'll get
- 1+ Hours
- 1 Courses
- Course Completion Certificates
- Self-paced Courses
- Technical Support
- Case Studies
Synopsis
- Operational risk management involves identifying, assessing, and controlling risks that arise from an organization's internal systems, processes, and routine operations.
- The process examines key functions and influencing factors that contribute to a strong operational risk framework.
- Various methodologies are used to calculate the capital charge required to safeguard the organization against operational risk exposures.
- The ORM framework outlines structured procedures for monitoring, managing, and mitigating operational risks.
Content
| Courses | No. of Hours | Certificates | Details |
|---|---|---|---|
| Operational Risk Management | US and UK Markets | 1h 28m | ✔ | View Curriculum |
Description
The Operational Risk Management Course for US and UK Markets equips learners with a clear understanding of the risks organizations encounter and the structured methods used to address them. It explains how operational risks arise, how they can be anticipated, and the steps required to control them before they impact business performance. This program offers a practical introduction to the different categories of operational risk and the tools used to mitigate them effectively.
Learners will explore key topics, including foundational concepts, major influencing factors, the full scope of operational risk management practices, essential processes and functions, capital charge calculation methods, and a self-assessment to reinforce understanding.
Operational risk describes the potential issues and unpredictability an organization may encounter in its daily activities due to breakdowns in internal processes, personnel errors, system failures, or unexpected disruptive events. Unlike external or market-driven risks, these issues originate within the organization and can lead to financial losses, inefficiencies, reputational damage, or operational disruptions. By understanding and evaluating these risks, businesses can implement corrective actions that reduce vulnerabilities and support consistent, reliable performance.
Requirements
- Learners should be interested in banking or financial services.
- A basic understanding of business or economic concepts is recommended for smoother learning.
Target Audience
- Bankers and accounting professionals
- Individuals aspiring to build a career in commercial banking
- Learners interested in understanding how risk management operates within banks
- Professionals seeking practical insights into banking risk frameworks
