Certificate Course in Enterprise and Operational Risk (CCEOR)

Synopsis:

Certificate course in Enterprise & Operations Risk Management

Operational Risk is the risk of loss due to failures in people, processes, systems or external events. It underlies many other risks, in particular regulatory and reputation risks, which are fundamental to the business model for financial institutions. It has also become a very costly risk for firms which have not managed it well. The Certificate course is designed to deliver a practical understanding of operational risk management frameworks and measurement methodologies in an organisation from both the financial and non-financial perspective. It addresses areas of Regulatory Guidelines announced by RBI.

It includes modules on Enterprise Risk Management and Managing Vendor Risk as additional learning.

1. Enterprise wide Risk- Need for Enterprise Risk, Enterprise Risk Framework, Capital Adequacy in ERM, Challenges of the Black Swan.
2. Operational Risk - Financial perspective
3. RBI Guidelines on Operational Risk
4. Tools of managing operational risk (non-Financial)
5. Establishing an ORM process
6. ORM Scorecard
7. Vendor risk- Banks Outsourcing, vendor evaluation etc.