A Practical Approach to Operational Risk Management

To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop style set up for the delivery of our courses. Please note we have therefore limited number of spaces available and these will be assigned on a first come, first accepted basis. We recommend early booking to avoid disappointment.

“Prepare yourself with vital elements of an effective operational risk framework, from loss data to risk and control self assessment, and from key risk indicators to scenario analysis…….”

How will you benefit?

Do you have limited resources to implement an operational risk framework? Are you trying to determine the vital elements of a successful operational risk program? Are you unsure where you should focus your efforts to ensure you meet your business and regulatory requirements? Do you want to learn the do’s and don’ts of a successful and practical approach to operational risk management? Would you like to have proven generic templates to kick start your program? Do you want to learn more about recent headline operational risk events in the industry? IF SO, THEN THIS COURSE IS FOR YOU.

By the end of the course, attendees will be able to:

· Propose a governance structure that will support appropriate operational risk management at their firm

· Implement an internal marketing strategy to ensure effective adoption of the operational risk program

· Roll out a training program to facilitate the required culture change

· Implement effective loss data collection processes and procedures

· Produce meaningful and actionable reporting for management

· Design KRIs that have value

· Design an appropriate RCSA approach

· Design an appropriate Scenario Analysis approach

· Prepare an operational risk update for the Board

About your expert trainer:

Philippa Girling has 18 years experience in the global securities industry, working in the fields of Operational Risk, training, project management and organizational change. Over her career, Philippa has established and managed several Training Divisions including the Staff Technology Training Center at South Bank University, London and a client IT Training Division at Credit Suisse.  She has also personally designed and led many training and education programs. Most recently she has focused on Operational Risk training and has delivered the Operational Risk Executive Education Program at Columbia University, NYC for the past four years, as well as leading Operational Risk education sessions for London Business School, Rutgers University and Carnegie Mellon. Philippa has held several Operational Risk leadership roles, including heading the Global Corporate Operational Risk functions at Morgan Stanley and Nomura. At the request of the Global Association of Risk Professionals (GARP), Philippa authored the textbook “Operational Risk Management” as well as having published numerous articles on the topic.  She is a regular speaker at global conferences on the topics of Dodd-Frank, systemic risk and regulation and the evolution of the Operational Risk discipline. Having established a global reputation as an Operational Risk expert, Philippa was selected as one of the Top Fifty Faces of Operational Risk by Operational Risk and Compliance Magazine. Philippa holds an English law degree from University of East Anglia, England and is a member of the New York Bar. She is a holder of the GARP Financial Risk Manager accreditation and is a Doctoral Candidate at Rutgers University, her area of study focusing on the relative importance of capital and strong risk governance in the mitigation of systemic risk.

Pre-course questionnaire:

A detailed questionnaire will be sent to all course participants to establish exactly where the group training needs lie. The completed forms will be analysed by the course leader/trainer and followed by telephone if further clarification is required. As a result we can guarantee that the course is pitched at exactly the right level and that the issues that you regard as relevant are addressed. The course material will reflect these issues and will enable you to digest the subject matter after the event in your own time.

Who should attend?

From Financial Institutions, Investment Banks, Private Banks, Retails Banks, Building Societies, Consultancy Groups and Solution Providers:

· Operational Risk Manager and Analysts

· Risk Managers

· Compliance Officers

· Regulators

· Auditors

· Supervisors

· ERM Managers