- MODULE OBJECTIVES:
- Provide Definitions, Nature of operational risk management
- Understand Operational risk management framework
- Explore components of operational risk management
- Understand the governance structures, systems, procedures and cultural aspects necessary for an organization to successfully manage operational risk.
- Build knowledge of the main techniques for the measurement and quantification of operational risk and their relative merits and drawbacks.
- Understand risk management cycle, the major challenges and solutions in successfully implementing Operational Risk Management.
2. MODULE BRIEF DESCRIPTION:
This module helps the trainees to understand the nature of operational risk management, identify typical occurrences of operational risk management within a bank’s business model, and to consider external perspectives on the importance of operational risk management in rating and banking supervision.
3. MODULE CONTENT:
Session 1 | Definitions, Nature of operational risk management | Session 4 | Main techniques for the measurement and quantification of operational risk management | Session7 | Risk management cycle |
Session 2 | Operational risk management framework | Session 5 | Identifying categories of operational risk management in financial institutions | Session 8 | Challenges of Managing Operational Risk |
Session 3 | Components of Operational risk management | Session 6 | Risk processes , risk exposures, Potential benefits to operational risk management | Session 9 | Solutions to operational risk management |
4.TARGET AUDIENCE:
The target audience for this module includes but not limited to finance officers, Internal Auditors, finance controllers, risk managers, Managing Directors/DG, Directors of operations, Directors of Planning, Directors of Finance, accountants, planning officers, and members of Board of Directors.
5.DELIVERY TIME AND VENUE:
Visit www.rmi.rw for the detailed Training Calendar. The venue and time may be adjusted according to the trainees' request, terms and conditions apply.