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Provided by: Chase Cooper Ltd

Operational Risk Management Intermediate

Training Provided by Chase Cooper Ltd This workshop builds on a basic knowledge of operational risk up to an intermediate stage.


Operational Risk Management Intermediate is designed to provide a comprehensive understanding of operational risk in order to enable participants to face operational risk challenges with confidence. It concludes with a valuable 'plan of action' session that seeks to enable participants to progress with their implementation strategies;

-Capturing risk and control assessment data and using it
-Establishing indicators of key risks and the relevance of the control indicators to the key risks
-Using loss event data to gain a qualitative benefit
-Designing risk reports for senior management and heads of department
-Discovering and integrating risk appetite into operational risk management
-Producing a personal action plan to enable you to move you and your organisation to your desired state.

ORM Intermediate
Central London
20 Sept 2006

495+VAT
Special Offer: 100 off per delegate when you book before 1 Sept 2006
This is primarily ilt training
group study and discussionThis class may involve group study
instructor led trainingThis class may be available at a classroom in London, Greater London,
Contact Chase Cooper Ltd for more information
Course Level:intermediate
Training Presented in:English
Operational Risk Management Intermediate This workshop builds on a basic knowledge of operational risk up to an intermediate stage.

Operational Risk Management Intermediate will be of instant and long term benefit to individuals within risk (including recent joiners) and a wide range of personnel from operations through to audit. Senior Management will also benefit by clarifying best practice for preparing their organisation in accordance with the Basel II operational risk management requirements. The workshop sessions include:


-Effectively capturing Risk and Control Assessments

Reviewing the level of risk analysed
How to make the data relevant to your senior management
Producing reports with the WOW factor
Key Risk Indicators

-How to identify useful indicators
Data collection, practical considerations
Benchmarking
Linking indicators to risk and control assessments. What does the indicator tell us about the risk?

Effectively using loss event data in operational risk management

What data needs to be recorded?
What are the different types of external losses?
How can internal and external losses be combined?
Using loss data to challenge risk and control assessments
Risk Reporting

-What do you need to show management? (Board of Directors/ Department Heads)
What do you need in order to satisfy the latest corporate governance requirements?
The advantages of successful integration with regulatory requirement
Risk Appetite

-How to define operational risk appetite
Different realistic ways to measure appetite
How to integrate risk appetite into operational risk management

The final session of the day will summarise and confirm the next steps in advancing your Operational Risk Management approach and include the production of a personnel 'plan of action' by each delegate. A free mentoring service is also available subsequent to the workshop in order to further assist delegates with cementing the knowledge gained and utilising the benefits of appropriate risk management for his or her firm
About The Training Provider: Chase Cooper Ltd
Chase Cooper Ltd - Chase Cooper specialise in business solutions for Operational Risk, Corporate Governance (Sarbanes-Oxley) and Business Optimisation. We take pride in adding creative thinking to our solutions and challenging existing boundaries to deliver real value to our clients. We believe our customers should benefit from achieving results quickly, effectively and at minimum cost. Our business...
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This page was last updated on sb5- 08/28/08 at 11:29:31 - 04:24:33