Operational Risk of OTC Derivatives
For dates and locations click here.
Click to Register Online or call 202.223.1528.
Course: 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.
Module I: Defining and Identifying Operational Risk
- Define operational risk
- Identify examples of operational risk is the use of OTC derivatives
- People
- Process
- Technology
- External Events
- Discuss the regulatory influence on how operational risk is identified
- Case Study
Module II: Measuring Operational Risk
- Compare and contrast operational risk measurement models used by market practitioners
- Identify advantages and risks of operational risk measurement models
Module III: Influence of Basel II on Operational Risk
- Identify qualitative and quantitative requirements for Basel II's operational risk measurement approaches
- Basic Indicator Approach
- Standardized Approach
- Advanced Measurement Approach
- Compare and contrast advantages and challenges with these approaches
- Discuss potential changes to Basel II and their effect on operational risk
Module IV: Controlling Operational Risk
- Identify best practices to control operational risk
- Compare and contrast advantages and disadvantages to how back offices are set up and run at financial institutions
- Discuss how potential new financial regulations will impact the control of operational risk
- Case Study
Module V: Monitoring Operational Risk
- Identify different financial institution personnel who needs to monitor operational risk
- Evaluate best practices in monitoring operational risk
Class Size: Registration is limited to approximately 15 participants to promote
student participation and interaction.
Who Should Attend: Operational risk managers, auditors, compliance officers, regulators and those who need to better understand this important risk.
Level: Intermediate/Expert
Cost: $800 early-bird ends 4 weeks prior to course date; $850 standard registration.
Complimentary morning and afternoon
refreshment breaks are provided. Lunch on own.
To Register: Online click here, contact
the Institute at 202.223.1528
or via e-mail at
info@theIFM.org
