No business is immune against operational risk. It is how the business handles the operational risks that matters. I mean the risk of loss resulting from inadequate internal processes, people and systems or from external events No matter the best internal process put in place if the tone at the top is to look the other way that it how the business intends to deal with it. But the people in charge of operational risk can at least put on record the processes needed to prevent or mitigate loss from internal process of operations. This is where this course operational risk management- A Practical approach comes in.

Learning Objectives

• Define Operational risk Management
• Know classification of Operational risk management
• Operational risk event categories
• Know fundamentals of managing operational risk
• Internal process risks and how to mitigate them
• Know Basel II approaches to measuring operational risk
• Know operational risk incident management guidelines
• Be proactive in identifying risk challenges and expectations and reporting same