While financial institutions have focused more on credit and liquidity risk since the most recent financial crisis, operational risk remains a poorly misunderstood and neglected risk. Participants will learn to define operational risk and identify how operational risk materializes, as well as how to identify the key Basel II components for operational risk measurement. Attendees also will learn how to compare and contrast measurement approaches to operational risk and explore best practices to control and monitor operational risk. The program will be supplemented with interactive discussions and case studies of recent examples of operational risk.
After the course you will be able to:
Define operational risk
Identify examples of operational risk is the use of OTC derivatives
Discuss the regulatory influence on how operational risk is identified
Compare and contrast operational risk measurement models used by market practitioners
Identify advantages and risks of operational risk measurement models
Comprehend qualitative and quantitative requirements for Basel II’s operational risk measurement approaches
Identify best practices to control operational risk and discuss how potential new financial regulations will impact the control of operational risk
Evaluate best practices in monitoring operational risk
Cost: $800 Early-bird | $850 Standard registration. Complimentary refreshments are provided.
