2012 Operational Risk Management - Programme

Programme

Registration from 09.00 - Finish 17.00

Session 1:
The basic model for Operational Risk Management

  • Introduction and objectives for the day
  • Participants’ key issues and experience
  • Risk management experience in practice
  • The definition of Operational Risk
  • The risk management model
  • The impact of Basel II regulation


Exercise: Delegates’ issues

Session 2:
Identifying Risk

  • Methods of identifying risks
  • What should be included
  • How risks are registered
  • Basel loss event classifications


Exercise: Spot the risks

Session 3:
Special topic – Business Continuity Management (BCM)

  • Continuity or resilience?
  • The Continuity Management Department
  • The BCM Policy
  • BCM programme management
  • Implementation
  • Incident response stages
  • Relocation strategies
  • Maintaining, exercising and reviewing BCM arrangements
  • Embedding BCM in the organisational culture
  • Outsourcing


Session 4:
Risk Self-assessment

  • Likelihood and impact
  • Loss measurement
  • Expected loss
  • The process of risk self-assessment
  • Working with Business Managers


Exercise: Self-Assessment in Practice

Session 5:
Special topic – Strategic, legal and reputational risks

  • New developments and challenges
  • Estimating legal risk
  • The costs of reputational loss

 

Session 6:
Risk monitoring and reporting, risk controls

  • The types of risk report
  • Loss Event Recording
  • Basel II event and business categories
  • Key Risk Indicators and new developments in     multi-dimensionality
  • Principles of reporting
  • Causes of failure
  • Control options
  • Risk and insurance cover
  • Measuring control effectiveness
  • Stress testing
  • Reverse stress testing


Exercise: So you think you know Oprisk?

Session 7:
Special topic – The Basel capital requirements

  • Introduction to capital modelling
  • Basel regulation and development post-crisis
  • Basel III
  • The Basic, TMA and AMA approaches
  • Risk appetite and tolerance
  • ICAAP - Individual Capital Assessment Adequacy Process
  • Internet based references


Session 8:
Special topic – Fraud

  • Defining fraud and the process approach
  • The Fraud Cube©
  • Opportunistic fraud and organised crime
  • Internal and external fraud
  • Entry fraud
  • Account holding fraud
  • Motivations
  • Investigations
  • Benfords law
  • Network analysis


Workshop: The Oprisk Clinic

Attached documents