However, banks have seen the need to effectively manage their operational risks as simply an issue of complying with what the bank regulator requires, rather than a disciplined process that serves to not only ensure a banks survival but which can, in the long run, contribute to that bank’s financial fortune.
Additionally “risk management” is also seen as the domain of the professional risk manager. This assumption is totally wrong. Every manager, every staff member; whether they fill a line or staff function needs to be acutely aware of the risks in the business and the operations that they perform.
Implementing and maintaining an effective Operational Risk Management regimen is a complex process. At its core is an understanding of what Operations Risk is, how it can be managed. This knowledge is needed by every last staff member, be they business or technical.
This course is a basic introduction to Operations Risk management and mitigation aimed specifically at non-Risk Managers.
This structured course provides a complete well thought-out package for learning in all main aspects of the subject of Operational Risk. It will enable participants to understand the key issues as well as plan and manage the implementation of the operational risk management processes in their bank or financial institution.
Who should attend?
- All management and personnel involved in business, line and staff functions
- Financial Officers
- Internal Auditors
- Staff with roles and responsibilities in operational risk in risk management departments, businesses and central departments.
For a fully descriptive brochure as well as other course details please send a blank e-mail to courses@citadeladvantage.com with RISK-JHB in the Subject line.