Managing Operational Risk
3 days|Delivered on request
This programme is for the person accountable for the work rather than the person doing it. It covers compliance monitoring and operational risk from the position of someone who must review, approve and answer for the output. Managers carry this because boards are being asked to evidence oversight, not merely assert it, and the accountability does not delegate cleanly. Delegates leave able to work confidently with risk assessment methodology, third party risk and business continuity planning in their own organisation.
What delegates leave able to do
- Explain risk assessment methodology to someone who does not do the work, measured against COSO ERM
- Spot where third party risk is failing before it becomes a finding
- Improve business continuity planning within their own organisation
- Bring control testing into line with current good practice
What the course covers
- Compliance monitoring
- Operational risk
- Risk assessment methodology
- Third party risk
- Business continuity planning
- Control testing
- Risk appetite and tolerance
Who should attend
- risk champions in operating units
- heads of risk
- business continuity coordinators
- audit and risk committee members
- compliance officers
