Course description
Operational Risk Management (ORM) Booster
The perfect course in Operational Risk Management to boost your career in this highly demanded field.
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Upcoming start dates
Training Course Content
Session1: Integrated Risk Management Framework
•ORM and ERM -International Standards (ISO, COSO)
•Framework and risk management actions
•The ORM toolbox
•Linking it all together
•Recent developments in risk management
Session 2: Risk Identification and Emerging Risks
•Principles and tools for risk identification
•Top-down & bottom-up risk identification
•A framework for emerging risks
•Management the different types of emerging risks
•Lessons from the latest pandemic
Session 3: Risk appetite statements and tolerance limits
•Industry practice on Risk Appetite
•Structure of actionable risk
•Appetite, Tolerances , KRIs and limits
•Top-down and bottom-up approaches to risk appetite
Session 4: Risk and control self-assessments
•The role and uses of RCSAs
•Impact and likelihood scales
•Control Design and control testing
•Modern RCSAs
Session 5: Six steps to define and design preventive KRIs
•Essential features of preventive KRIs
•KPIs, KRIs, KCIs
•Classifying KRIs: Environmental, Stress, Causal and Failure
•KRI Design: thresholds and data
•Bow-tie tool for root cause analysis
Session 6: Conduct and Culture: embedding risk management
•Defining Risk Culture
•Defining and Influencing critical behaviours
•Awareness and training programme
•The role of incentives
•Assessing risk culture changes
Session 7: Scenario analysis: simple way of assessing rare events
•Workshop techniques to identify scenarios
•Scenario analysis and assessment: steps and best practice
•Assessing rare events•Examples of IT scenarios assessment
Session 8: Risk aggregation and Reporting
•The role of incident data collection
•Data features: core losses and tail risks
•Three golden rules of reporting
•Aggregating risk data
Course delivery details
Each session of 60 - 90 minutes, delivered 2 by 2 online live. The overall package includes:
• Downloadable slides material
• Downloadable complementary readings
• Recordings of the live sessions
• Testing quizzes
• Certificate of completion
• Discussion platform among participants
Price and registration:
• £ 500 all inclusive
•Invoicing and group subscriptions for corporate registrations (discount for groups of 5 or more) –upon request
Why choose Chapelle Consulting
1,000+ course participants per year
2,000+ webinar attendees per year
25+ courses delivered per year globally