Certificate In Operational Risk Management Level 1 (IBF Standards)

This job specialization refers to the independent risk management function that provides oversight over operational risk and establishes the corporate operational risk management structure, framework, policies, processes and tools for identifying, measuring, analysing, controlling, monitoring and reporting of operational risk.

Target Audience:

• Professionals who are currently working in the Financial Services Industry and are performing Risk Management functions who wish to enhance their knowledge and skills in Operational Risk Management or to upgrade themselves or to obtain formal professional certification for their skills and knowledge.
• Professionals who are currently working in other segments in the Financial Services Industry who wish to acquire skills and knowledge, and to obtain formal professional certification in Operational Risk Management to enable them to value-add or who aspire to move into Operational Risk Management functions.
• Fresh tertiary graduates (Degree holders) who aspire to join the Financial Services Industry and who wish to explore career opportunities in Operational Risk Management.

Learning Objectives:

By the end of the course participants will be able to demonstrate

• Demonstrate an understanding of operational risk and its inter-relationship with other risk categories
• Demonstrate an understanding of operational risk strategy and how it supports the achievement of organisations strategies and objectives
• Work with colleagues to support the implementation of various approaches for identifying, measuring, analysing, controlling, mitigating, monitoring and reporting operational risks
• Work with colleagues to support the data and management information systems required to support the ORM framework, methodologies and processes