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ISP TrainingsInnovative Special Projects

Advanced Operational Risk

5 days|Delivered on request

This advanced programme assumes delegates already work in the field. It goes past the basics into combined assurance, risk reporting to the board and the judgement calls that sit outside COSO ERM. At this level the constraint is rarely knowledge. It is judgement under pressure, which matters because compliance obligations have multiplied faster than compliance capacity. Delegates leave able to work confidently with operational risk, key risk indicators and risk identification in their own organisation.

What delegates leave able to do

  • Take ownership of operational risk rather than escalating it, measured against COSO ERM
  • Explain key risk indicators to someone who does not do the work
  • Bring risk identification into line with current good practice
  • Review risk culture and say plainly whether it is working

What the course covers

  • Combined assurance
  • Risk reporting to the board
  • Operational risk
  • Key risk indicators
  • Risk identification
  • Risk culture
  • Internal audit interface

Who should attend

  • compliance officers
  • governance and assurance practitioners
  • risk champions in operating units
  • business continuity coordinators
  • internal auditors
A printed performance report being reviewed at a meeting table

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