The operational risk framework for an organisation plays a critical role in defining the approach of organisation towards managing operational risks. An effective framework needs to consider and incorporate diverse topics such as processes, methodologies, communication, structure, culture, strategy and human factors.
In this session, the expert speakers will share guidance on how to design and implement and implement an effective operational risk framework. Key topics will include: –
Integrating the framework with business strategy and processes.
Defining methodologies for risk assessments, control assessments, recording incidents, monitoring risk indicators and addressing any identified issues.
Considering the human and cultural factors that may influence the quality of the risk management framework’s implementation.
Defining roles and accountabilities for different aspects of risk management.
Conducting periodic review of the framework to ensure it continues to be fit for purpose.
The details of the expert speaker for this session will be announced soon.
This session will be hosted by Manoj Kulwal who is the Chief Risk Officer at RiskSpotlight and Director for Marketing at the IOR. He has 18 years of professional experience covering operational risk management, enterprise risk management, strategic performance management and business intelligence.
Best Practices on Designing and Implementing an Effective Operational Risk Framework
To participate in this webinar you will need a computer and internet connection.
Press release about the Basel Committee completing review of all members' implementation of the LCR (18 October 2017). The Basel Committee on Banking Supervision today published assessment reports on the implementation of the Liquidity Coverage Ratio (LCR) in Australia, Brazil, Canada and Switzerland. The assessments, which were conducted as part of the Committee's Regulatory Consistency […]