Learning
The effective management of operational risks is a vital component of any financial services firm’s business strategy. Effective management of operational risks will encourage more informed risk-taking and help to enhance and retain stakeholder trust.
This pre-recorded workshop will provide insights into the best current practice in operational risk management and actionable takeaways to implement within your own organisation.
Learning Outcomes:
Risk Quantification Techniques | Insurance & Banking
- Establish and define risk appetite and risk rating
- Establishing risk champions across the 3 lines of defence
- Risk Reporting
- Framework tools
Who should attend:
This workshop has been developed for the following organisations:
- Banking, Insurance underwriters, Insurance brokers, Asset Management and other FCA/PRA regulated institutions.
This workshop has been developed for the following individuals:
- Senior Management
- Financial Officers
- Risk Officers and Analysts
- Internal Auditors
- Operational Risk & Compliance Consultants, Advisers and Managers
- Risk or Control Champions and owners
- Any other staff with roles and responsibilities that incorporate operational risk management in the 1st or 2nd lines of defence.
Benefits of watching the workshop:
- Learn about the most effective strategies for managing operational risk
- Understand specific risks in financial institutions and their impact on operational efficiency
- Explore operational risk in the context of regulatory change
- Assess the risk culture and appetite and understand how they are critical in supporting the formation of strategy and in supporting decision making
- Place operational risk within broader enterprise risk management and corporate governance structures
- Gain the tools to implement operational risk management in practice
- Explore case studies and practical examples including current best practices and standards
