|30 Oct-03 Nov 2023||5 Days||Dubai - UAE||US$3,450||Register|
|18-22 Dec 2023||5 Days||Dubai - UAE||US$3,450||Register|
|18-22 Mar 2024||5 Days||Dubai - UAE||US$4,450||Register|
|03-07 Jun 2024||5 Days||Dubai - UAE||US$4,450||Register|
|19-23 Aug 2024||5 Days||London - UK||US$5,450||Register|
|28 Oct-01 Nov 2024||5 Days||Dubai - UAE||US$4,450||Register|
|16-20 Dec 2024||5 Days||Dubai - UAE||US$4,450||Register|
Operational Risk is the risk of loss consequential from ineffective or failed internal processes, people, systems, or external events that can disrupt business operations. Note that there are five categories of operational risk: There are three pillars of operational risk management: people risk, process risk, system risk, external event risk, and legal and compliance risk. Allocating capital, transferring operational risk through insurance, and actively mitigating operational risk through product inspection and quality control. Another approach to identifying operational risk is to look for critical dependencies in people, processes, systems, and external structures. Once identified, dependencies can be managed or designed by adding failover and system redundancy.
The Fundamentals of Operational Risk training course focuses on the practical aspects of achieving robust, sustainable, and value-added operational risk management processes within an organisation. The participants will learn how an operational risk framework is created and how operational risk is identified, measured, monitored, and managed. Learn how to develop and measure the exact operational risk appetite statements and support them with a framework of key risk metrics and how to develop scenarios for operational risk capital analysis and development. Moreover, the participants will learn how to create meaningful operational risk reports that support better organisational decision-making.
To master risk management, Operational Risk is becoming a core necessity substance of awareness and execution.
After the training course, the participant will learn to:
This training course is for the preventers of Operational Risks. It is designed to widen and extend the knowledge of risk management by applying the latest and most efficient mitigation approaches.
It is suitable for a wide range of working professionals, including (but not limited to) the following:
This training course builds on instruction on the latest developments in Operational Risk Management. It includes real-life case studies, video adaptations, self-assessments, participatory discussions, and a wide range of information to make the course an exciting and enriching learning experience, combined with many exercises.
Upon successful completion of this training course, Newage Certificate will be awarded to the delegates.
Vivacoder Education LLC is a Knowledge & Human Development Authority (KHDA) approved training provider in Dubai with a License Permit number 629738.