OPERATIONAL RISK MANAGEMENT
LEVEL: DIPLOMA
Course Description:
Operational Risk Management is a course designed to provide students with an understanding of the key concepts and principles of operational risk management. The course will cover risk identification, assessment, mitigation, and monitoring. Students will learn how to develop and implement effective risk management strategies to help organizations achieve their goals while minimizing the impact of operational risks.
Duration – 3 months
Abridged duration is also available as an intensive class for 2 weeks.
Learning Objectives:
The learning objectives for this course are as follows:
- Understand the key concepts and principles of operational risk management
- Identify and assess operational risks
- Develop effective risk management strategies
- Monitor and evaluate risk management strategies
Learning Outcomes:
Upon completion of this course, students will be able to:
- Understand the key concepts and principles of operational risk management
- Identify and assess operational risks
- Develop effective risk management strategies
- Monitor and evaluate risk management strategies
Course Outline:
The course will cover the following topics:
- Introduction to Operational Risk Management
- Operational Risk Management Framework
- Operational Risk Management Process :
- Risk Identification
- Risk Assessment
- Risk Mitigation
- Risk Monitoring
- Operational Risk Management Tools and Techniques
- Case Studies, Group Projects and Assignments
Benefits of the Course:
The benefits of taking this course include:
- Developing a strong understanding of operational risk management principles and
practices - Developing skills in identifying, assessing, mitigating, and monitoring operational risks
- Enhancing career prospects by gaining valuable knowledge and skills that are highly sought after by employers
Target Audience:
This course is designed for professionals interested in developing their knowledge and skills in operational risk management.
The target audience includes:
- Risk Managers
- Compliance Officers
- Internal Auditors
- Business Analysts
- Risk Technicians
- Risk and Compliance Technicians
There are no special prerequisites for this course.