Operational Risk Management in Financial Institutions Course Overview:

The ORM Certification course is designed and delivered by experts, offering professionals the necessary knowledge and references to excel in the operational risk discipline within financial services. With qualified trainers and comprehensive course content, participants gain the skills and ability to lead and manage operational risk effectively, earning professional recognition in the field.

Upon completion of the training, professionals can take the relevant exam and apply to become a “PECB Certified Operational Risk Manager.” There are three exam options based on the level of certification desired: ORM Foundation (2-day course), Operational Risk Manager (3-day course), and Operational Risk Lead Manager (5-day course).

These certifications provide exceptional knowledge and enhance professionals’ standing in the market, making them valuable assets in the operational risk management field.

Intended Audience:

• Chief Risk Officers (CROs)
• Heads of Operational Risk
• Risk Directors, Risk Managers, Risk Officers, and Risk Analysts
• Business Line Managers in charge of managing their risks
• Senior Managers and Managers seeking guidance on operational risk management
• Compliance Officers
• Internal Auditors
• Regulators
• Consultants
• Students and Professionals interested in advancing their careers in operational risk management.

Learning Objectives of Operational Risk Management in Financial Institutions:

1. Understanding regulatory requirements and best practices of operational risk management in financial services.
2. Learning how to establish and operate an operational risk management framework within a financial organization.
3. Understanding various approaches, methods, and tools to identify, assess, mitigate, and monitor operational risk in the financial services industry.
4. Gaining insights into core components of the course curriculum, including ORM framework, regulatory context, risk appetite, risk assessment, incident data collection, key risk indicators, risk culture, scenario analysis, capital assessment, and reputation risk.