Introduction to Operational Risk

Participants will be introduced to the basic concepts of operational risk and operational risk management (ORM). This course will trace the evolution of ORM, identifies the challenges of measuring and managing operational risk and explores the benefits of ORM as a component of enterprise risk management (ERM).

11-JUN-2008 -- 11-JUN-2008New YorkUSD$1475
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Joseph Onochie; ] Wed Level: Basic
CPE Credits: 7.0

17-NOV-2008 -- 17-NOV-2008New YorkUSD$1475
NY Institute of Finance - Downtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Joseph Onochie; ] Mon Level: Basic
CPE Credits: 7.0

Computers and information systems personnel, back office, risk managers, risk managers assistants, trading assistants and finance professionals.
No advance preparation required.
  • Credit Portfolio Risk Management
    • DAY ONE

    Introduction to Operational Risk

    • Dimensions of Risk
    • Defining Operational Risk
    • Types of Operational Risk
    • Major Role played by Basle Accord

    Measuring Operational Risk

    • Bottom-Up models
    • Top-Down models

    Managing Operational Risk

    • Traditional Approaches
    • Newer Approaches
    • Regulatory Approaches

    The Future of Risk Management

    • Integrating Operational Risk with Market and Credit Risk management.
    • The Role of Regulators

    Clients who register for this course will receive a complimentary 6 month subscription to the Financial Times and FT.com. The Financial Times is the world's most respected financial newspaper providing a broad assessment on finance, business and the industrial sector. Subscriptions will start within 6-8 weeks of the application process, and are limited to one per client. For questions about your subscriptions call 800-628-8088 or email uscirculation@ft.com. US and Canada enrollees only.

    Lunch included for all students taking day classes.