Operational Risk Best Practice and Integration

Hong Kong 24 & 25 August 2010

Operational risk failures were ultimately at the root of many of the crisis’s faced by financial institutions across the globe over the past couple of years. Asia has certainly faired storm the most favourably but that is arguably why it is in the best position to improve operational risk standards and implementation.

This course has been designed to look at how to add value to the business through operational risk. This means sessions will look at best practice in operational frameworks and developments in the risk convergence space.

LEARNING OUTCOMES

• Learn how to align the operational risk management framework to business objectives and strategies with approval from the board and senior management
• Understand fully the regulatory updates and how they effect operational risk
• Develop thought leadership on risk convergence
• A key focus will be on integration through risk appetite statements, stress testing and scenario analysis. Emphasis will also be placed on how to manage an operational risk team and how to communicate the importance of this risk function to senior management.

COURSE HIGHLIGHTS INCLUDE

• Defining your operational risk appetite
• Develop an operational risk framework to foster stronger risk governance
• What are the regulatory updates and how do they affect operational risk?
• How to reflect change in operational risk policy in organisations
• Integration of OR framework with other risk and control functions
• And much more...