Banques et Finance

Operational Risk - Measuring and Managing it

Objectives

Operational risk is the “risk of loss resulting from inadequate or failed internal processes, people and systems or from external events” (Basel Accord). Because operational risk impacts practically every area of financial services, it has become an important area of focus among financial service professionals. This course provides participants with a good understanding of operational risk and how to manage it.

Programme
  • Introduction
    • Context
    • History of operational risk management
  • Identification of Operational Risk
    • Definitions
    • Typology
    • Key Components
  • Assessment of Operational Risk
  • Operational Risk within the Basle 2 framework
  • Operational Risk Modelling
  • Economic Capital aspects
  • Monitoring of Operational Risk
    • Putting Operational Risk Management to practice (a.o. software solutions…)
    • Reporting lines
  • Mitigation of Operational Risk
    • Lessons from Operational Risk Monitoring
    • Other Aspects (Human Resources, Procedures, Project Management, Business, Continuity and Disaster Recovery)
Formation
Formation
& Examen
Examen
EN
3 heures
Chambre de Commerce du Grand-Duché de Luxembourg
voir affichage sur place (Chambre de Commerce du Grand-Duché de Luxembourg)
7, rue Alcide de Gasperi
Luxembourg, L-2981
Luxembourg
45,00 EUR