Cette formation est actuellement disponible sous forme de formation à distance.
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 the investment industry, it has become an important area of focus among financial service professionals. This course provides participants with a good understanding of operational risk in the fund industry and how to manage it.
Define operational risk in accordance with market standards
Identify and categorise the different causes of operational risk in the investment fund industry
Assess the potential impact of diverse operational risks on funds
Learn how to apply the operational risk management cycle
Identify different means of mitigating operational risk
Understand the different players in the fund industry and how they are impacted by operational risk
Causes of operational risk
Operational risk management cycle
Mitigation and control
Monitoring and reporting
Loss data collection process
Risk & control self-assessment (RCSA)
Key risk indicators
New product approval process
Other operational risks
Business continuity management
Disaster recovery plan
Business continuity plan
Financial service professionals who want to gain a good understanding of operational risk in the fund industry.
For this training course, an optional exam is available. In case of interest, candidates can choose a date from the list of proposed examination sessions. Registration for the exam must be made at least five days before the chosen exam date. The exam is subject to a registration fee.
The examination consists of true/false and multiple-choice questions. To pass the exam, a candidate must achieve a score of at least 50% of the total points on the exam.
This module is part of the Risk Management for funds Certification. To obtain their certificate, candidates must complete 12 days of training in Risk Management for funds and pass the exam for each course.
More details here :Professional Risk Management Certification for Funds
The training material will be handed out at the beginning of the course.
Chambre de Commerce Luxembourg7, rue Alcide de Gasperi
Chambre de Commerce Luxembourg