Management

Training Course: Operational Risk Management


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MA235279

19 - 23 May 2025

London (UK)

Hotel : Landmark Office Space - Oxford Street

Cost : 5250 € Euro

Introduction

This Operational Risk Management (ORM) training program is designed to equip professionals with the knowledge and skills necessary to identify, assess, mitigate, and monitor operational risks effectively within their organizations. Through a comprehensive curriculum, participants will explore the fundamentals of ORM, delve into advanced risk mitigation strategies, and examine the latest trends and technologies in the field. The program combines theoretical knowledge with practical exercises, case studies, and interactive discussions to provide a holistic understanding of ORM and its critical role in sustaining business operations and achieving organizational objectives.

 

Objectives

By the end of this training program, participants will be able to:

  • Understand the Fundamentals: Grasp the key concepts, definitions, and importance of operational risk management in an organizational context.
  • Identify and Assess Risks: Employ tools and techniques to identify and assess operational risks effectively.
  • Implement Mitigation Strategies: Design and implement effective risk mitigation strategies to protect the organization against potential threats.
  • Monitor and Report Risks: Establish a robust risk monitoring and reporting system to keep stakeholders informed and ensure continuous risk management.
  • Leverage ORM Technologies: Understand and utilize ORM software and technologies to enhance risk management processes.
  • Prepare for the Future: Anticipate future trends in ORM and prepare strategies to manage emerging risks.

 

Methodologies

The program will utilize a variety of instructional methodologies to cater to diverse learning styles, including:

  • Lectures and Presentations: To introduce concepts and frameworks.
  • Case Studies and Real-World Examples: To analyze how organizations successfully manage operational risks.
  • Group Discussions and Q&A Sessions: To facilitate peer learning and deeper understanding of the material.
  • Practical Exercises: To apply concepts in real-life scenarios, enhancing hands-on learning.
  • Technology Demonstrations: To showcase the latest ORM tools and software.

 

Target Audience

This training program is intended for a wide range of professionals involved in or responsible for risk management within their organizations, including:

  • Risk Managers and Analysts
  • Operations Managers
  • Compliance Officers
  • Internal Auditors
  • Financial Officers and Managers
  • IT Professionals involved in Risk Management
  • Senior Executives looking to enhance their organization’s risk management capabilities

 

Training Program Outline

 

Day 1: Introduction to Operational Risk Management

  • Overview of Risk Management
  • Introduction to Operational Risk: Key Concepts and Definitions
  • Importance of ORM in an Organization
  • Regulatory Requirements and ORM Frameworks (e.g., Basel Accords)
  • Implementing an ORM Program: Challenges and Solutions

 

Day 2: Identifying and Assessing Operational Risks

  • Tools and Techniques for Risk Identification
  • Case Studies on Identifying Operational Risks
  • Qualitative vs. Quantitative Risk Assessment Methods
  • Risk Measurement Tools (e.g., Key Risk Indicators)
  • Practical Exercise: Identifying and Assessing Risks in a Scenario

 

Day 3: Risk Mitigation Strategies and Solutions

  • Designing Effective Control Measures
  • Insurance as a Risk Transfer Tool
  • Technology Solutions for Risk Mitigation
  • Case Study Analysis: Successful Risk Mitigation
  • Developing a Risk Mitigation Plan for a Hypothetical Scenario

 

Day 4: Monitoring, Reporting, and ORM Technologies

  • Setting Up a Risk Monitoring System
  • Reporting Operational Risks to Stakeholders
  • Overview of ORM Software Solutions
  • Demonstrations of ORM Tools
  • Integrating Technology into ORM Practices

 

Day 5: Advanced Topics and Future Trends in ORM

  • Emerging Risks and Proactive Management
  • Stress Testing and Scenario Analysis
  • ORM for Cybersecurity and Information Technology
  • The Future of ORM: Trends and Predictions

Management

Training Course: Operational Risk Management


Register Now
Quick Inquiry
Discount Group Download Brochure (36)

MA235279

19 - 23 May 2025

London (UK) - Landmark Office Space - Oxford Street

Hotel : Landmark Office Space - Oxford Street

Cost: 5250 € Euro


  About London

The UK capital of London is a city that combines the old and the new. It is as equally famous for the latest fashion and innovation as it is for its impressive heritage. London's attractions range from the Royal Palace to the DIY atmosphere of its markets. It is also a picturesque city of parks and of course, the majestic Thames River. The city extends for miles beyond its ancient core and each neighborhood has its own charming atmosphere for visitors to explore. London also wears its status as a world city proudly and the influence of different cultures is plain to see in the food and fashion of the capital.


  Things to do and places to visit in London

With so many attractions in London, anyone can find something to delight them. Art lovers will enjoy the world-renowned museums and galleries, most of which are free. Sports fans are spoilt for choice by the city's array of football clubs. Theatre and music fans have a vast list of venues to visit, whilst shopaholics have Harrods, Oxford Street, Camden and much more to look forward to after arranging flights to London.

Some unmissable London attractions include:

  • Seeing priceless masterpieces in the Tate Britain or the National Gallery.
  • Watching the changing of the guard at Buckingham Palace.
  • Visiting Trafalgar Square's famous monument.
  • Marveling at the Crown Jewels in the Tower of London.
  • Getting a bird's eye view of the city from the London Eye.
  • Tasting one of Brick Lane's famous curries.
  • Browsing the exclusive shops of Knightsbridge.
  • Visiting a market – Spitalfields for antiques, Camden for clothes or Borough Market for street food.
  • Admiring design from around the world in the Victoria and Albert Museum.
  • Looking for clues at the home of fiction's most famous detective, Sherlock Holmes.
  • Strolling through one of the lovely parks, including Hyde Park, St James' Park or Kew Gardens.
  • Eating Britain's most famous dish, fish and chips.
  • Watching the street performers in Covent Garden.
  • Enjoying the views at a South Bank cafe.
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