In the final course from the Risk Management specialization, you will be introduced to the different roles in risk governance and the benefits of establishing an operational risk management program at your own workplace. This course will highlight key elements of an Operational Risk Management framework and help you identify the appropriate elements to incorporate in your own program. By the end of the course, you will be able to capture, report, and investigate operational risk events, produce meaningful key risk indicator (KRI) data and trend analysis, assess organizational risk appetite, and design an Operational Risk Control and Self-Assessment program.
Operational Risk Management: Frameworks & Strategies
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Operational Risk Management: Frameworks & Strategies
This course is part of Risk Management Specialization
Instructor: Jack Farmer
13,611 already enrolled
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Gain insight into a topic and learn the fundamentals.
4.6
(299 reviews)
Beginner level
Recommended experience
6 hours to complete
3 weeks at 2 hours a week
Flexible schedule
Learn at your own pace
What you'll learn
Understand the fundamentals of operational risk management from the different roles in risk governance to the application of risk frameworks
Report and investigate operational risk events, produce KRI data and trend analysis, and implement operational risk appetite frameworks
Build and implement an operational risk assessment program
Skills you'll gain
Details to know
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Assessments
10 assignments
Taught in English
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This course is part of the Risk Management Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
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There are 6 modules in this course
In the final course from the Risk Management specialization, you will be introduced to the different roles in risk governance and the benefits of establishing an operational risk management program at your own workplace. This course will highlight key elements of an Op Risk Management framework and help you identify the appropriate elements to incorporate in your own program. By the end of the course, you will be able to capture, report, and investigate operational risk events, produce meaningful key risk indicator (KRI) data and trend analysis, assess organizational risk appetite, and design an Operational Risk Control and Self-Assessment program. To be successful in this course, you should have a basic knowledge of statistics and probability and familiarity with business operations. Experience with MS Excel and Python recommended.
What's included
2 videos4 readings1 discussion prompt1 plugin
We’ll begin by looking at the operational risk management setup.
What's included
2 videos2 assignments1 discussion prompt
In this module we will look at the tools that operational risk managers use to flag and identify risks.
What's included
3 videos3 assignments1 discussion prompt
In Module 3, we’ll look at how you collect operational risk data to measure and analyze risk. We’ll also look at how you calculate regulatory risk capital requirements for unexpected losses and how to create scenario analyses.
What's included
3 videos3 assignments1 discussion prompt
Module four will cover the management and governance framework of operational risk.
What's included
3 videos2 assignments1 discussion prompt
What's included
1 reading1 plugin
Instructor
Instructor ratings
4.6 (104 ratings)Offered by
Recommended if you're interested in Finance
New York Institute of Finance
New York Institute of Finance
University of California, Irvine
Kennesaw State University
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