In the broadest sense Operational Risk is all pervasive within a bank or financial institution –  Operational Risks include losses from events such as system break downs, procedural failures, accidental and deliberate actions by staff – these and others can all lead to material losses in both monetary and reputational terms. In this course we will examine the nature of Operational Risk, how it can be detected, measured and managed with a financial institution, with particular emphasis to the Operational Risk compliance under Basel II.

 

Master Class Leader:

 

Dr. Andrew Street  has for many years been a senior figure in the derivatives / risk management industry. His experience includes being Executive Director of an investment bank and being a senior financial regulator (Financial Services Authority). Andrew is a member of the advisory board to the NYU Courant Institute's Masters Program in Mathematics in Finance. He has direct experience of trading, risk management, financial modeling and management of risk businesses. He has held senior positions at ING-Barings, BNP-Paribas, Nomura International, Bank of Tokyo-Mitsubishi, The Securities and Futures Authority and The Financial Services Authority. He continues to be very active in VC Ltd's day to day consulting/training operations.

 

 

• Introduction and overview of Operational Risk
• Practical approaches to Operational Risk
• Analyzing processes for potential Operation Risk
• Developing measures and metrics for Operational Risk   
• Quantitative techniques for Operational Risk
• Managing Operational Risk
• And many practical real life case studies and application workshops

 

 

Chief Risk Officers, Head of Risk Department, Operational Risk Managers, Head of Operational Risk Management, Operational Risk Controllers, Operations Managers, Internal and External Auditors