Course Agenda

Course Agenda

Course Agenda

 

Day One

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

8:30

Registration and refreshments

9:00

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

10:45

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

12:00

Lunch

1:00

Causes, impacts and actions plans

  • The bow tie
  • Sinking the Titanic – what really happened

2:30

Afternoon break

3:00

The importance of effective 'change risk assessments / new product approvals' (with practical examples)  

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

4:30

End of day one

Day Two

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

8:30

Refreshments

9:00

Operational risk governance

  • Roles and responsibilities
  • Risk committees and the board
  • Policies and procedures
  • Conduct and culture

10:30

Morning break

10:45

Case studies of major operational risk events

  • What went wrong and why?
  • Do we ever learn?
  • Things not to tell your board

12:00

Lunch

1:00

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

2:30

Afternoon break

3:00

Looking forward

  • Operational resilience – coming to a regulator near you
  • Reputational risk
  • New and emerging risks – what next?

4:30

End of course