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Global Financial Markets Intelligence

Global Financial Markets Intelligence

The Operational Risk Management Framework (ORMF)

Detailed guidance on implementing a best practice Operational Risk Management Framework

11-12 Sep 2019
Zurich, Switzerland

Why You Should Attend

The Operational Risk Management Framework (ORMF)

To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop style set

How will you benefit?

Managing operational risks more effectively remains a dominant issue for many financial institutions. Key to a firm’s success in today’s dynamic business environnement and complex regulatory landscape are an adequate and effecrtive Operational Risk Management Framework (ORMF), a strong risk control culture, and the development of Operational Risk management as a core competency of every employee. 

The primary purpose of the ORMF is to ensure the firm’s long-term financial sustainability and operational resislience and therefore properly managing its tangible (i.e. financial) and non-tangible (i.e. client franchise; human capital; reputation) assets in order to meet stakeholder expectations (i.e. shareholders, clients, regulators, etc.).

This course covers all the elements of a best practice Operational Risk Management Framework (ORMF) designed for a financial services institution (banking, insurance, and asset management) and meeting regulatory requirements and expectations. Attendees will learn of the governance, policies, procedures, and competencies necessary for designing and implementating an international best practice ORMF and the requirements to establish an effective risk control culture.

The course also presents an innovative approach at managing operational and compliance risk through the application of gamification techniques. It also is designed to deliver a blend of best practices, teachings from experience, and case studies. Online games & quizzes will offer attendees the opportunity to test what they will learn from the course in a fun and enaging learning environement. 

About your expert trainer:

Sergio Galanti has 20 years of experience in leading roles in the management and oversight of Operational Risk as well as in the design and implementation of Operational Risk frameworks and practices, in the following organizations: Sumitomo Mitsui Banking Corporation, UBS, RBS, Coutts, Rothschild Bank, and Credit Suisse. In 1998, Sergio began his journey in the Operational Risk discipline with Sumitomo Mitsui Banking Corporation in London where he established and led the Operational Risk Management function for the Europe Division.

He then moved to UBS AG, Zürich, in 2004, where he joined Group Operational Risk and contributed to the design and implementation of the bank’s first firm-wide Operational Risk Framework. During the seven years at UBS AG, Sergio was also responsible for Operational Risk for the Corporate Centre Division, Group Offshoring and Outsourcing, as well as firm-wide Risk Operations and Reporting.

In 2011, Sergio moved to RBS Coutts, in Zürich, where he took up the role of Head of Operational Risk Framework & Policy and led the design and implementation of the Three Lines of Defence Model and Risk Appetite Framework.

Throughout the years, Sergio has often been a speaker at international events on Operational Risk current trends and topics, and also an organizer of thought leadership roundtables for the advancement of the Operational Risk methodology.

Sergio holds a degree in History from the University of California, Berkeley, a Master of Applied Economics from the San Francisco State University, and an Executive MBA from SDA Bocconi, Milan. Since 2014, Sergio is an independent consultant assisting clients with Operational Risk management software solutions, game-based digital learning, gamification, design & implementation of the Operational Risk Framework & Policy, and regulatory risk change management.

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?

  • New joiners to Operational Risk and Compliance roles
  • Business Risk Managers
  • Internal Auditors
  • Operational Risk Managers
  • Enterprise Risk Managers
  • Regulators
  • Chief Risk Officers
  • Chief Operating Officers
  • Compliance Officers
  • Financial Services Consultants

Key Topics

  • How the Operational Risk Management Framework brings values to the organization
  • How to implement a Three Lines of Defense Model
  • How to perform a Risk & Control Self-Assessment (including Conduct Risk)
  • Understand the workings of a Risk Appetite Framework
  • How to design key controls and indicators

  • Why Choose GFMI marcus evans?

    marcus evans specialises in the research and development of strategic events for senior business executives. From our international network of 63 offices, marcus evans produces over 1000 event days a year on strategic issues in corporate finance, telecommunications, technology, health, transportation, capital markets, human resources and business improvement.

    Above all, marcus evans provides clients with business information and knowledge which enables them to sustain a valuable competitive advantage and makes a positive contribution to their success.

    Voice of Our Customers
    • “Excellent delivery. Very informative and useful. ” SNS Bank N.V
    • “Benefited from invaluable lessons learned” BNP Paribas
    • “The use of online mini-games and simulations was very engaging. I have enjoyed the interaction with the rest of the learners in the sessions” European Central Bank
    • “Gained new insights on enhancing Operational Risk culture” Investec
    Join the Discussion

    Event Contact

    For all enquiries regarding speaking, sponsoring and attending this conference contact:

    Kamelia Simeonova

    101 Finsbury Pavement, London, EC2A 1RS

    0044 203 002 3172
    Email: kamelias@marcusevansuk.com