1. 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.