Why Do You Need Operational Risk Training?
Minimizing operational risk is one of the most important responsibilities of financial institutions today.
Operational risk exists in every product, process and activity the Bank undertakes. Growth and reliance on technology has transformed risks from manual process errors to system failures, virus attacks and online frauds and scams. Failure to properly manage Operational risk can result in a misstatement of the Bank’s risk profile and expose the Bank to significant losses. The Bank takes operational risk very seriously and needs all employees to continue to help implement policies, procedures and internal controls to reduce and mitigate the impact of such risks on the Bank.
Focus on Operational Risk will teach your employees how to manage and control operational risk to prevent losses, safeguard the Bank’s reputation and ensure continued success.
What is The Course Like?
Focus on Operational Risk reviews different types of operational risk failures, how to analyze and assess the Bank’s level of risk and key risk indicators. Participants will learn how to use a Risk and Control Self Assessment (RCSA) as well as actions that are taken by the Bank to address identified risk.
Focus on Operational Risk can be deployed as eLearning, Blended or Classroom training, using instructor-led, computer-based and role-play techniques to prepare your people to excel at their duties.
To discuss which delivery method meets your training needs, contact one of our qualified representatives by clicking here. You can also call us toll free at 888.433.2666 or internationally at +1.212.631.9400.
What's Covered In The Course?
- Defining Operational Risk
- OR Organizational Structure at the Bank
- Identification and Measurement Tools
- Loss Data Capture
- Basel II Approach for Operational Risk
- Capital Charge for Operational Risk
What Are The Benefits?
- Confident employees.
- Improved operational decisions.
- Increased sales.
- Reduced financial loss.
- Protection of the Bank’s image.
Your Policies. Your Procedures.
Focus on Operational Risk is fully customizable. Our modular approach, combined with our experience with bank systems, products and services, allows us to quickly and efficiently create training specifically tailored to what your people need to know about operational risk.
To learn more about course customization, click here. Or you can call us toll free at 888.433.2666 or internationally at +1.212.631.9400.
Testing, Tracking, Reports And Certification.
Administration and recordkeeping is easy through Learning Link®, Edcomm's own Learning Management System (LMS), or through any third-party LMS. When the Examiners ask, you can feel secure in the knowledge that your organization is compliant and that you can provide testing, tracking, reports and certification for each employee.
To learn more about becoming Banker's Academy Certified in Focus on Operational Risk, Contact one of our qualified representatives by clicking here. You can also call us toll free at 888.433.2666 or internationally at +1.212.631.9400.
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This course gave me the skills and techniques I need to better evaluate operational risk and the measures to take if risk is identified.
L. M.
Bank Name Withheld
