Course Agenda

Course Agenda

Course Agenda

 

Day One

Course led by Andrew Sheen, director, A J Sheen Consulting 

08:30

Registration and refreshments

09:00

The Foundations of Operational Risk

  • What is Operational Risk – Is the Basel Committee’s definition of Operational Risk helpful and could we do better?
  • Why bother?
  • What are we trying to achieve - the Risk Management Cycle
  • Operational Risk Frameworks
  • A common language – the need for a risk and control taxonomy
  • Risk silos and the umbrella function

10:30

Morning break

11:00

Risk Identification, Assessment, Management and reporting

  • Risk and Control Self Assessments and Inherent and Residual Risk
  • Operational Risk Indicators
  • Events and Losses
  • Scenarios – forward looking risk identification and not just a capital tool
  • Reporting

12:30

Lunch

13:30

Causes, Impacts and Actions Plans

  • The Bow Tie
  • Sinking the Titanic – What really happened

15:00

Afternoon break

15:30

Topic to be confirmed

Speaker: Uzma Murshed, group head, operational risk, Habib Bank AG Zurich 

17:00

End of Day One

Day Two

Course led by Andrew Sheen, director, A J Sheen Consulting 

08:30

Refreshments

09:00

Operational Risk Governance

  • Roles and Responsibilities
  • Risk Committees and the Board
  • Policies and Procedures
  • Conduct and Culture

10:30

Morning break

11:00

What went wrong and why?

  • Case studies of major Operational Risk Events
  • Do we ever learn?
  • Things not to tell your Board

12:30

Lunch

13:30

Regulatory Considerations

  • Absence of evidence is evidence of absence
  • Risk Appetite – why is it important
  • The Basel Committee’s thoughts on Bank capital
  • Pillar one and Pillar two
  • Regulatory Issues

15:00

Afternoon break

15:30

Looking Forward

  • Operational Resilience – coming to a regulator near you
  • Reputational Risk
  • New and Emerging Risks – what next?

17:00

End of course