Management Principles-Operational Risk in Financial Industry

This course brings you up to speed on current practice in field of managing operational risk in financial institutions.

4.35 (24 reviews)
Udemy
platform
English
language
Management
category
81
students
2 hours
content
Nov 2020
last update
$49.99
regular price

What you will learn

Discover the operational risk management principles involved and what they cover.

Explore the various implementation issues involved in setting each of these principles in place.

Recognize the different types of operational risks and their subcomponents.

Discover the key elements involved in managing operational risk.

Explore the three themes involved: governance, risk management and disclosure and their interrelationships.

Explore an actual case study and recognize the key operational risk management principles and the issues involved.

Description

This course, Principles for the Management of Operational Risk in the Financial Industry, is a detailed presentation on best industry practice in the management of operational risk in banks and other financial institutions.

These principles have been developed and issued by the Bank for International Settlements’ (BIS), Basel Committee for Banking Supervision. They also form a part of the well-known “Basel Accords”, which is the set of banking regulations (Basel I, II and III), that provides recommendations on banking regulations in regards to capital risk, market risk and operational risk.

Based on best industry practice and supervisory experience, these principles cover three all-embracing themes: governance, risk management and disclosure.

We examine each of these principles and their relative implementation factors – what the principle means and what should be addressed in putting its requirements in place. We conclude by putting the principles to the test when examining a detailed banking Case Study.

This course brings you up to speed on current practice in the field of managing operational risk in financial institutions.

This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.

Content

Introduction

Introduction to Principles for the Management of Operational Risk
The Basel Accords
The Principles for Managing Operational Risk
The Principles for Managing Operational Risk Continued
Principles 1 & 2 - General
Principles 3, 4 & 5 - Governance
Principles 6, 7, 8, 9 & 10 - Risk Management
Principles 9 & 10
Principles 11 - Disclosure
Basel Accords Operational Risk Summary
Operational Risk Case Study
Operational Risk Case Study Continued
Conclusion

Supporting Materials

Slides: Principles for Management of Operational Risk in the Financial Industry
Principles for the Management of Operational Risk Glossary / Index

Review and Test

Review Questions
FINAL EXAM

Screenshots

Management Principles-Operational Risk in Financial Industry - Screenshot_01Management Principles-Operational Risk in Financial Industry - Screenshot_02Management Principles-Operational Risk in Financial Industry - Screenshot_03Management Principles-Operational Risk in Financial Industry - Screenshot_04

Charts

Price

Management Principles-Operational Risk in Financial Industry - Price chart

Rating

Management Principles-Operational Risk in Financial Industry - Ratings chart

Enrollment distribution

Management Principles-Operational Risk in Financial Industry - Distribution chart
1445130
udemy ID
11/24/2017
course created date
4/19/2021
course indexed date
Bot
course submited by