Start Date : 22 Dec,2024
End Date   : 26 Dec,2024
Duration    : 5 Days
Price            : $ 4,550 ( SAR 17,062.50 )

Overview:

This certification has been designed for all staff in organisations who wish to develop their ability to manage operational risk in their functions. For staff in the operational risk management function, this certificate would enable the individual demonstration a practical and professional understanding of operational risk environment in the organisation. It would also help prepare the holders for higher responsibilities within the industry. The certificate is also very important for senior managers with an operational risk oversight role. The certificate is based on ISO 31000 Risk Management Principles/ Guidelines.

Course Objectives:

Develop their ability to manage Operational Risk in their functions
Understand how to build a robust framework for Operational Risk management
Build a culture for good risk management
Understand how to drive value out of Operational Risk management
Create value-adding Operational Risk management reports
Understand Risk Appetite and build robust Key Risk Indicator frameworks.
Successful completion of this course makes you a Certified Operational Risk Professional. Accredited by IOSCM Institute of Supply Chain Management.
The Institute of Supply Chain Management is based in the UK as Head office with global branches.

Course Outline:

Tools and techniques for risk identification
Implementing ORM: the invisible framework
Risk reporting and Conduct reporting
Defining Risk Culture
Risk Appetite and Internal controls
Root causes analysis
Features and types of leading KRIs
Features of leading KRIs
Scenario Analysis: Governance, Stress testing and Assessment methods
Reorganisation risk and project management

Who Should Attend?

Managers and officers in operational risk management function
Team Leaders
Operational Risk Managers
Operations Managers
Internal Auditors
HR officers
Compliance officers

Certified Operational Risk Professional

4٬550٫00$