Fundamentals of Operational Risk
2 days|Delivered on request
Fundamentals of Operational Risk is built for delegates who need to be useful in this area quickly. It starts at first principles and works through key risk indicators and compliance monitoring without assuming prior specialist training. The programme exists because risk registers are widely maintained and rarely used in an actual decision, and because capability in this area is usually built on the job with no structure behind it. Delegates leave able to work confidently with risk appetite and tolerance, fraud risk management and risk identification in their own organisation.
What delegates leave able to do
- Make a decision about risk appetite and tolerance without waiting for a specialist, measured against ISO 31000
- Review fraud risk management and say plainly whether it is working
- Explain risk identification to someone who does not do the work
- Bring business continuity planning into line with current good practice
What the course covers
- Key risk indicators
- Compliance monitoring
- Risk appetite and tolerance
- Fraud risk management
- Risk identification
- Business continuity planning
- Third party risk
Who should attend
- audit and risk committee members
- risk champions in operating units
- internal auditors
- risk managers
