Executive Strategies for Operational Risk Management #253001

Course Details

This 5-day intensive course is designed to equip executive leaders with the strategic insights and practical tools necessary to effectively manage operational risk within their organizations. Participants will explore advanced risk management frameworks, learn to integrate risk considerations into strategic decision-making, and develop a proactive approach to mitigating potential disruptions and fostering organizational resilience.

Upon successful completion of this course, participants will be able to:
• Understand the evolving landscape of operational risk and its impact on strategic objectives.
• Develop and implement comprehensive operational risk management frameworks.
• Integrate risk assessment into strategic planning and decision-making processes.
• Utilize advanced risk assessment methodologies and tools.
• Establish and maintain a strong risk culture within the organization.
• Develop effective crisis management and business continuity plans.
• Understand and comply with relevant regulatory requirements.
• Leverage data analytics and technology to enhance risk monitoring and reporting.
• Effectively communicate risk information to stakeholders.

This course is tailored for senior-level executives and risk management professionals, including:
• CEOs, COOs, CFOs, and other C-suite executives
• Chief Risk Officers (CROs) and Risk Managers
• Heads of Departments and Business Units
• Board Members and Audit Committee Members
• Senior Compliance Officers

• Pre-assessment
• Live group instruction
• Use of real-world examples, case studies and exercises
• Interactive participation and discussion
• Power point presentation, LCD and flip chart
• Group activities and tests
• Each participant receives a binder containing a copy of the presentation
• slides and handouts
• Post-assessment

• Understanding Operational Risk: Definitions, Concepts, and Trends
• The Role of Executive Leadership in Risk Management
• Developing a Risk Culture and Risk Appetite
• Integrating Risk Management into Strategic Planning
• Regulatory Landscape and Compliance Requirements

• Risk Identification and Assessment Techniques
• Scenario Analysis and Stress Testing
• Quantitative and Qualitative Risk Assessment Methods
• Utilizing Risk Management Tools and Technologies
• Key Risk Indicators (KRIs) and Risk Reporting

• Designing and Implementing a Comprehensive Risk Management Framework
• Establishing Effective Risk Governance and Oversight
• Developing Risk Policies and Procedures
• Internal Controls and Risk Mitigation Strategies
• Third-Party Risk Management

• Developing Crisis Management and Business Continuity Plans
• Incident Response and Recovery Strategies
• Crisis Communication and Stakeholder Management
• Testing and Exercising Crisis Management Plans
• Building Organizational Resilience

• Cybersecurity and Data Privacy Risks
• Technological Disruption and Innovation Risks
• Geopolitical and Economic Risks
• Environmental, Social, and Governance (ESG) Risks
• The Future of Operational Risk Management
• Case studies and practical applications.

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Course Details