- Payment Terms: Enquire
- Duration / Course length: 5 Days
- Starting Date: Enquire About It
- Timings: Enquire
Course details
Day OneRisk identification tools and emerging risks
· Tools and techniques for risk identification
· Risk register: a list
· Risk connectivity: network of risks
· World economic forum: risk map
· Emerging risks
Implementing ORM: the invisible framework
· Governance of Operational Risk
· 1st line and 2d line: The partnership model
· Use and reuse: The Invisible Framework
· Business value of ORM
Day Two
Risk reporting and Conduct reporting
· Modern issues on events and risk reporting: the regulator's view
· Analyzing operational risk data: get insight, tell a story
· Management information: the "reporting cake"
· Aggregate and escalate risk information: your options
· Conduct reporting: themes and details
Implementing the Desired Risk Culture: a method
· Defining Risk Culture
· Acting on behaviours: the Influencer
· Necessary conditions: willingness and ability
· Risk Culture: DESIRE steps: Define, Inspire, Support, Enable, Reinforce, Evaluate
· Assessing the risk culture
Day Three
Defining Risk Appetite statements and tolerance limits
· Industry guidance on Risk Appetite
· Risk appetite, tolerance, risk limits and controls
· Templates and options for actionable Risk Appetite
· Risk Appetite Statements: Features and Examples
· Cascading Risk Appetite: RCSA & Indicators
· KRI and risks limits
Internal Controls: Human Error and Control Design
· Slips and mistakes: Typology and causes of human errors
· HRA: Human Reliability Analysis and other methods
· Understand and treat the causes of human error
· Effective or Illusory controls
· Prevention by Design
Day Four
Root causes analysis
· Root cause analysis: tool and method
· Benefits of root cause analysis:
· Treating causes over symptoms
· Bow-tie: a most effective tool to define:
* Preventive and corrective controls
* Leading KRIs
* Risk likelihood and expected impact
· Features and types of leading KRIs
· Features of leading KRIs
· KRI, KPI, KCI: definitions and ;
· A typology of Key Risks indicators
Day Five
Cyber threats and information security
· Cyber threat landscape
· An old emerging risk
· Key controls in cyber security
· Physical and behavioural measures
· Priorities in prevention
· Lessons learnt from some incidents
Scenario Analysis: Governance, Stress testing and Assessment methods
· Four dimensions of stress-testing
· Steps and governance of scenario analysis
· Tackling behavioral biases in scenario assessment
· Industry practices and lists of scenarios
· Assessing probabilities of rare events
· Acting on Scenario Analysis
Reorganisation risk and project management
· Risk due to changes and reorganisations
· The trap of cost-cutting
· Invisible opportunity costs
· Essentials of project risk management
Updated on 16 May, 2024
Eligibility / Requirements
There are no eligibility requirement to attend this course.
About Convertas
CONVERTAS is a reliable advisory firm, helping organizations develop their activities to align with their objectives adopting the best practices.
Our trainings and workshops cover all areas of business including Management,Soft Skills and Human Resourses Management, Marketing and Sales, Accounting and Finance, Procurement and Logistics, targeting organizations, managers and employees. Whether in-house or public, trainings are organized with the highest qualified trainers.
Our methodology relies more on the use of audio-visual impact which is more effective than the lecture style. Presentations, videos and simulations methods have proven to be very effective for people to remember.
Moreover, doing and teaching are the best vehicles for learning and remembering. This includes involving the trainee in the teaching process by interacting, through completing worksheets and inciting to explain and present what is acquired.
See all Convertas coursesEnquire about this course
You may add more courses here,
your list will be saved.
