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-Apr-2012 -- 11-Apr-2012New YorkUSD$1575
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Joseph Onochie; ] Wed 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.
"The instructor is very knowledgeable in the operational risk area."
"The handouts distributed in class are extremely helpful."
"The instructor's experience is a definite strength of the course."
  • 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 4-month subscription to FT.com. The Financial Times is the world's most respected financial newspaper, providing a broad assessment on finance, business and the industrial sector. The move to the electronic version follows an ongoing review of our environmental responsibilities as a global business and as part of the Pearson group. FT.com also has features that are not available in hard copy, such as: Special Reports, Alphaville, editor blogs, education sections and much more! Subscriptions will start within 6-8 weeks of the start of class and are limited to one subscription per client. (Please note: as of May 1, 2011, the electronic subscription replaces the hard-copy 3-month Financial Times subscription.)

    Lunch is included for all students taking day classes.