INTRODUCTION TO OPERATIONAL RISK MANAGEMENT
(This course does not utilize artificial intelligence)
What you’ll learn
You will learn fundamental concepts of Operational Risk Management (ORM) which is a component of Enterprise Risk Management (ERM).
You will learn the differences and correlation with other risks disciplines and operational risk.
You will learn about operational risk frameworks and their role in the overall enterprise risk framework.
You will learn about the tools used to manage operational risks.
You will learn about operational risk governance.
You will be introduced to assessing operational risk.
Description
Operational Risks are faced daily by organizations. Managing those risks require management, business and process owners to define, measure, assess, improve and control their operational risk exposures. Failing to manage your operational risks is failing to manage your organization’s lifeline.
Build your subject-matter-expertise
by learning from industry professional
increasing your foundational understanding of operational risk management
developing skills and tactics to better manage operational risk from the top down and bottom up
earn a digital badge that can be shared
E-LEARNING (complete course at your own pace)
Course Content:
Modules
Defining Operational Risks
Types of Operational Risks
Operational Risks tools to identify, measure, monitor and report
Operational Risk Frameworks (alignment with Enterprise Risk Frameworks)
Introduction to Operational Risk Assessments (ORA’s / RCSA’s)
Lectures
Provided in each module
Seasoned career operational risk professional - course lecturer
Knowledge Learn
Quizzes after each module will allow you to test what you have retained
Course Exam
Exam allows you to earn a course completion certificate and a digital badge.
Course Pricing
$200 - Individual Course Price
Discount for organizations who have 3 or more registrants
Discount for individuals who register for two or more courses
E-LEARNING (complete course at your own pace)
Course Pricing
$200 - per individual
Discount for organizations who have 3 or more registrants
Discount for individuals who register for 2 or more courses
Operational Risk Assessments (ORAs) / Risk and Controls Self-Assessment (RCSA)
(This course does not utilize artificial intelligence)
What you’ll learn
You will learn the different types of risk assessments facilitated and/or executed by operational risk teams. ORAs, RCSAs, BIAs, IRAs are covered in detailed.
You will learn how to engage the business and facilitation techniques when conducting a risk assessment
You will learn how to define, measure, assess, improve and report out findings and observations from the assessment
You will learn the disciplines of executing a risk assessment
Description
Operational Risk Management teams assess risks that are inherent within the business and organization. Assessing those risks periodically are essential to effective risk management. The course provides you with the different types of risk assessment executed by both the operational risk management teams and the lines of business. In addition, the course will provide you with techniques to improve engagements and manage conflict when assessing risk.
Build your subject-matter-expertise
by learning from industry professional
increasing your foundational understanding of assessing operational risk
developing skills and methods to improve engagements with leadership and process owners
earn a digital badge that can be shared
Course Content
Modules
Operational Risk Assessment (ORA) Types and Purposes
Risk and Controls Self-Assessment (RCSA)
Engagement, Facilitation, and Disciplines
Tools used to successfully conduct/facilitate risk assessments
Creating the Risk Profile
Lectures
Provided in each module
Seasoned career operational risk professional - course lecturer
Knowledge Learn
Quizzes after each module will allow you to test what you have retained
Course Exam
Exam allows you to earn a course completion certificate and a digital badge