Securities Operations Training: Managing Operational Risk
One-day Training Seminar, Feb 24, 2009
48 Wall Street, New York CitySecurities Operations Forum will present a special one-day training seminar on Managing Operational Risk.
This course will review the principles of operational control and reporting and explore significant historic lapses that have caused operational losses. This course will also review the critical role of STP in the timely management of risk. The instructor will also give an update on the causes of the 2008 Credit Crisis and thoughts on how a return to basics will help the industry return to profitability.
Many leading financial companies have used this course to educate professionals throughout their firms. The classes were very well received, with favorable comments made regarding the real world examples used by the instructor to highlight the principles covered in the course.
Topics for discussion include:
* Defining and Recognizing Operational Risks
* Developing Measures of Operational Health
o What Should We Be Watching?
o Setting Standards for Good Operational Performance
o Developing a Strategy of Early Response to Problems
* The Role of an Independent Reporting Function to Assure Metrics Integrity
* Controlling Risk in a World Focused on Controlling Costs – What To Do
* The Role of STP in Enhancing Intraday Operational Risk Management
* How Will Basel Capital Requirements Impact the Management of Operational Risk?
* The Operational Risks Inherent in the Explosion of Regulatory Requirements
o Patriot’s Act, Sarbanes Oxley Act and Beyond
* Settlement Risks
o What Are We Living With Now?
o Can We Get to Virtual T+1?
o Why Bother?
* Learning From Old Problems and the Mistakes of Others
o Managing Operational Risk With an Eye to History and Today’s Newspapers
o The Need for Truthful and Full, Honest Communications Within and Among Financial Institutions
This workshop is designed for anyone who must deal with the risks inherent in securities industry operations.
This special one-day session will be presented by William DuMond, a Consultant/Instructor with over 20 years experience as a Financial and Operational professional in the Capital Markets and Securities Processing areas.
The cost for this class is $795. Register online or call 212-328-2500 x225.
Attendees will earn 7 CPE credits for attending this one-day course, issued upon request.
This class will be conducted on February 24th at our training facility, conveniently located at 48 Wall Street, in the heart of New York City’s financial district.
For more information about our current schedule or custom training in your city, please email or call:
Securities Operations Forum
48 Wall Street
New York, NY 10005