A 2-day intensive course on Operations Risk Management & Mitigation (Risk Management)
|Event Date/Time: Sep 10, 2012||End Date/Time: Sep 11, 2012|
In the past decade Operations Risk management has been increasingly pushed into the foreground by the work and the requirements of international standard setting bodies, such as the Bank for International Settlements. Through various recommendations as well as specific covenants, operational risk management has become merely a compliance issue facing most banks.
All too often banks have seen the need to effectively manage their operational risks as simply an issue of complying with what the bank regulator requires, rather than a disciplined process that serves to not only ensure a banks survival but which can, in the long run, contribute to that bankâ€™s financial fortune.
Implementing an effective Operational Risk Management routine is a complex process. At its core is an understanding of what Operations Risk is and how it can be managed.
This course is a basic introduction to Operations Risk management and mitigation. It is intended to move the participants beyond the international compliance requirements for operations risk, and into an understanding of operations risk management and mitigation as a value added proposition, increasing the bankâ€™s profitability and structural strength.