The Fundamentals of Operational Risk Management 2020 | London Stock Exchange Group PLC (LSEG) | 6 June 2020 | London Stock Exchange, 10 Paternoster Sq., London EC4M 7LS, UK

Interactive, practical one-day Operational Risk course will leave the delegates with a broad knowledge of how operational risk is defined and distinguished. Participants will gain an understanding of the fundamentals of operational risk in financial services, as well as focus on the core components of the Operational Risk Framework – Losses and Near Misses, Risk and Control Self-Assessments and Key Risk Indicators. Delegates will be also introduced to the challenging subject of Operational Risk Appetite.

Participants will review case studies of recent operational risk failures, practice identifying ‘Top Risks’, defining impactful Key Risk Indicators and developing a risk appetite statement.

The course, updated every year with latest developments and highly rated by participants, examines Operational Risk from a very practical perspective, focussing on implementing processes that add value to the workplace. It is also instrumental in helping the delegates understand key areas of regulatory focus in the UK and globally.

Why attend?

Operational Risk remains high on the regulatory agenda. This interactive course provides an essential update for senior executives and risk and control professionals, allowing to:
• Understand how Operational Risk discipline has progressed over the years and why it remains in focus
• Review the approaches to building an effective Operational Risk Framework
• Structure a value-added operational risk identification and assessment program
• Understand how to integrate Operational Risk with Business Strategy
• Attain best practice in Loss data collection, RCSA and Key Risk Indicators (KRIs)
• Find meaningful ways to define an operational risk appetite
• Review case studies and practise through group exercises
• Interact with fellow practitioners
• Benchmark the maturity of your Operational Risk framework with peers

Who should attend?

This one-day course has been designed to appeal to the following professionals:
• Directors and senior executives
• Heads of internal audit, compliance and risk functions
• Operational risk managers
• Compliance officers
• Audit professionals
• Operations managers
• Governance and Control professionals
• All those individuals responsible for implementing best practice operational risk management practices in their organisation