Operational Risk Management Seminar (PRM03)
Venue: Le Meridien, Singapore
|Event Date/Time: Aug 16, 2007||End Date/Time: Aug 17, 2007|
Risk Management is everyone’s business, not just the CEO’s, CFO’s or CRO’s.
Discussion on the real challenges in implementing enterprise-wide Operational Risk Management and the methods to overcome some of these challenges.
Gain an insight to various Good Operational Risk Management Practices.
“Dirty your Hands” going through a Monte Carlo event simulation process.
Be introduced to a methodical way of managing Operational Risk from formally defining Operations Processes, to identifying Operational Risks and mitigating these risks, to capturing risk event losses and quantifying Operational Risk losses.
Be introduced to Frequency Distributions, Severity Distributions and how one can convolute them to obtain joint Frequency-Severity Distributions, and its applications to the quantitative side of operational risk measurement – Value-at-Risk (VaR) and Conditional Value-at-Risk (C-VaR).
Be introduced to The Basel Capital Accord.
Dr. Jeffrey C. K. Lim, Ph.D., C.Sci., C.Math., FIMA, FRM, PRM