Management Principles-Operational Risk in Financial Industry

This course brings you up to speed on current practice in field of managing operational risk in financial institutions.

Ratings 4.37 / 5.00

Management Principles-Operational Risk in Financial Industry

What You Will Learn!

Discover the operational risk management principles involved and what they cover.
Explore the various implementation issues involved in setting each of these principles in place.
Recognize the different types of operational risks and their subcomponents.
Discover the key elements involved in managing operational risk.
Explore the three themes involved: governance, risk management and disclosure and their interrelationships.
Explore an actual case study and recognize the key operational risk management principles and the issues involved.

Description

This course, Principles for the Management of Operational Risk in the Financial Industry, is a detailed presentation on best industry practice in the management of operational risk in banks and other financial institutions.

These principles have been developed and issued by the Bank for International Settlements’ (BIS), Basel Committee for Banking Supervision. They also form a part of the well-known “Basel Accords”, which is the set of banking regulations (Basel I, II and III), that provides recommendations on banking regulations in regards to capital risk, market risk and operational risk.

Based on best industry practice and supervisory experience, these principles cover three all-embracing themes: governance, risk management and disclosure.

We examine each of these principles and their relative implementation factors – what the principle means and what should be addressed in putting its requirements in place. We conclude by putting the principles to the test when examining a detailed banking Case Study.

This course brings you up to speed on current practice in the field of managing operational risk in financial institutions.

This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.