OPERATIONAL RISK MANAGEMENT TRAINING

Service Description

Day 1: Introduction to Operational Risk Management 1. Overview of Operational Risk in the Financial Industry 2. Types of Operational Risk (People, Process, Technology, External) 3. Importance of Operational Risk Management in Financial Operations 4. Regulatory Framework (Basel Accord Standards) and its Significance 5. Role of Operational Risk in Regulatory Compliance 6. Operational Risk Taxonomy and Categories 7. Key Risk Indicators (KRIs) and Loss Data Collection 8. Risk Control Self-Assessment 9. Operational Risk Data and Data Sources Day 2: Regulatory Capital Requirements (Basel III) 1. Basel III Operational Risk Requirements and Objectives 2. Basic Indicator Approach (BIA) and Standardised Approach (TSA) 3. Advanced Measurement Approaches (AMA) 4. Operational Risk Mitigation under Basel III 5. Basel III Reporting and Documentation 6. Determining Regulatory Capital for Operational Risk 7. Capital Buffers and Stress Testing 8. Basel III Compliance and Reporting Day 3: Economic Capital and Operational Risk Modelling 1. Understanding Economic Capital for Operational Risk 2. Economic Capital vs. Regulatory Capital 3. Estimating Economic Capital for Operational Risk 4. Stress Testing and Scenario Analysis 5. Risk Appetite and Capital Allocation 6. Operational Risk Modelling Approaches (Loss Distribution Approach, Scenario Analysis) 7. Stress Testing and Contingency Planning 8. Operational Risk Model Validation 9. Backtesting and Model Performance Evaluation 10. Practical Applications Day 4: Operational Risk Management in Practice 1. Operational Risk Governance and Policies 2. Key Risk Indicators (KRIs) Monitoring 3. Risk Control Measures and Remediation 4. Business Continuity Planning (BCP) 5. Case Studies on Operational Risk Management Best Practices 6. Reporting Operational Risk in Financial Statements 7. Basel III Pillar 3 Disclosures 8. Loss Data Reporting and Analysis 9. Disclosure Requirements for Operational Risk Day 5: Operational Risk and Regulatory Compliance 1. Role of Regulatory Authorities in Operational Risk Oversight 2. Key Compliance Requirements (Capital Adequacy, Reporting, Governance) 3. Compliance Risk and Operational Risk Interplay 4. Internal and External Audits 5. Case Studies on Regulatory Compliance 6. Operational Risk Management Systems and Tools 7. Artificial Intelligence and Machine Learning in Operational Risk Management 8. Cybersecurity and Technology Risk 9. Future Trends and Challenges in Operational Risk Management

Contact Details

• Ability House, 121 Brooker Road, Waltham Abbey, UK

  +442081453355

  info@implementbaselaccord.com