Operational Risk Management

Operational Risk Management Training for Banking Professionals in Nepal

Operational risk is the risk of loss resulting from ineffective or failed internal processes, people, systems, or external events that can disrupt the flow of business operations. The losses can be directly or indirectly financial. For example, a poorly trained employee may lose a sales opportunity, or indirectly a company’s reputation can suffer from poor customer service.  Operational risk can refer to both the risk in operating an organization and the processes management uses when implementing, training, and enforcing policies. Operational risk can be viewed as part of a chain reaction: overlooked issues and control failures — whether small or large — lead to greater risk materialization, which may result in an organizational failure that can harm a company’s bottom line and reputation. While operational risk management is considered a subset of enterprise risk management it excludes strategic, reputational, and financial risk.

Who should attend?

This Learning module is for an audience with intermediate skills and expertise in risk management at banks. The typical audience will also include middle and senior management from banking departments like Operational Risk Management, Control, Auditing, and Compliance. Service providers to banks will also find these courses very relevant in establishing a sound understanding of their client’s needs in support of Operational Risk Management.

What will you learn?

The learners will gain an understanding of Operational Risk, its causes, and its relationship with overall operational efficiency.
Understand the fundamentals of operational risk management from the different roles in risk governance to the application of risk frameworks
Report and investigate operational risk events, produce KRI data and trend analysis, and implement operational risk appetite frameworks
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, including the importance of strong controls and Key Risk Indicators

Course content

• Risk Management Framework
• Risk Identification
• Loss data collection Methodology
• Risk self-assessment
• Key Risk Indicator
• Risk Quantification
• Management Applications
• Realization Challenges and Deployment Strategy

FOR QUERIES:

Contact Number: 9801093136
Email: trainning@frontline.com.np