Membership

The Institute of Operational Risk Established in January 2004, the Institute of Operational Risk is a professional body dedicated to the promotion of skills and standards associated with Operational Risk Management.

Membership is available to Operational Risk practitioners at all levels and there are four grades of membership: Fellow, Professional Member, Member and Associate.

The Institute supports its members through the provision of:

  • High standards - against which membership and professional competency is judged
  • External events - for the promotion of ideas, ongoing professional development and networking
  • Research - to assist the above and ensure the continual improvement of methods, techniques and knowledge
  • A Knowledge Centre – the development of a robust and informative knowledge centre for operational risk management
  • Sound Practice Guidance – the development of a series of Sound Practice Guidance papers providing the know-how for a variety of risk management practices Members are located in the UK, Europe, Middle East, Nigeria, South Africa, Hong Kong, Australia and New Zealand.

Benefits

Networking

  • Share best practice / latest thinking
  • Learn, enhance skills and knowledge
  • At the forefront of how Operational Risk is developing

Benefits to the Industry?

  • Central point of expertise
  • More efficient communication route out to business
  • Recognised standards, not continually re-inventing the wheel

Benefits to the Employer?

  • Comfort, indication that members take their profession seriously
  • Professional development
  • Bring best practice / latest thinking to the business
  • Organisation can have a voice in the wider community / regulators etc.

Who should be a Member?

  • Anyone interested in Operational Risk
  • Operational Risk experts
  • Operational Risk practitioners
  • Operational Risk beginners

What do we give Members?

  • A forum to meet, discuss and exchange ideas
  • Widely recognised professional Institute
  • Qualifications / CPD
  • Mentor scheme – ability to receive personal guidance from more experienced professional members and fellows of the Institute
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