A Practical Approach to Operational Risk Management. Hong Kong 3 & 4 December asiariskevents.com/oprisk_hk

Transcription

1 Course highlights include: Operational risk today case studies and examples Setting standards and procedures for scenario analysis Basel II Capital requirements Loss data collection: designing a practical process Powerpoint and Excel templates to takeaway A Practical Approach to Operational Risk Management asiariskevents.com/oprisk_hk

2 About the course A Practical Approach to Course tutor This 2-day training course has been prepared in conjunction with Philippa Girling to provide delegates with an in-depth overview and industry update of operational risk management in the Asia Pacific region. Delegates will be provided with a series of takeaways including power points, spreadsheets and templates which can be implemented immediately upon their return to the office. Operational risk is crucial in the new evolving financial landscape but many issues remain, lack of resources and continually developing regulation. Sessions will look at the vital aspect for a successful operational risk plan and focus on lessons learnt from recent operational risk nightmares. Delegates will leave with tools to action a successful and practical approach to operational risk management. By the end of the course, attendees will be able to: Propose a governance structure that will support appropriate operational risk management at their firm Implement an internal marketing strategy to ensure effective adoption of the operational risk program Roll out a training program to facilitate the required culture change Implement effective loss data collection processes and procedures Produce meaningful and actionable reporting for management Design KRIs that have value Design an appropriate RCSA approach Design an appropriate Scenario Analysis approach Produce operational risk policy documents Prepare an operational risk update for the Board Discuss recent operational risk headline events Who should attend? Operational risk manager and analysts Risk managers Compliance officers Regulators Auditors Supervisors ERM managers PHILIPPA GIRLING Philippa Girling has 18 years experience in the global securities industry, working in the fields of Operational Risk, training, project management and organisational change. Over her career, Philippa has established and managed several Training Divisions including the Staff Technology Training Center at South Bank University, London and a client IT Training Division at Credit Suisse. She has also personally designed and led many training and education programs. Most recently she has focused on Operational Risk training and has delivered the Operational Risk Executive Education Program at Columbia University, NYC for the past four years, as well as leading Operational Risk education sessions for London Business School, Rutgers University and Carnegie Mellon. Philippa has held several Operational Risk leadership roles, including heading the Global Corporate Operational Risk functions at Morgan Stanley and Nomura. At the request of the Global Association of Risk Professionals (GARP), Philippa authored the textbook Operational Risk Management as well as having published numerous articles on the topic. She is a regular speaker at global conferences on the topics of Dodd-Frank, systemic risk and regulation and the evolution of the Operational Risk discipline. Having established a global reputation as an Operational Risk expert, Philippa was selected as one of the Top Fifty Faces of Operational Risk by Operational Risk and Compliance Magazine. Philippa holds an English law degree from University of East Anglia, England and is a member of the New York Bar. She is a holder of the GARP Financial Risk Manager accreditation and is a Doctoral Candidate at Rutgers University, her area of study focusing on the relative importance of capital and strong risk governance in the mitigation of systemic risk. She emigrated to the United States in 1996 and now lives in New Jersey with her husband and their 5 daughters. Certificates of attendance are available for all our training courses

3 A Practical Approach to Day 1 3 December Registration and coffee OPERATIONAL RISK TODAY Recent operational risk events Societe Generale case study Exercise: Identifying events Exercise: Impacts Morning break TRAINING, MARKETING AND CULTURE CHANGE Designing an effective training program Implementing a launch or re-launch plan Marketing the culture change Embedding the culture change Winning over partners: Audit, SOX, Compliance etc. Takeaway: Operational risk training pack (Powerpoint) DRIVERS AND DESIGN Governance and policy Identifying the drivers for operational risk in your firm Optimising the design of your operational risk framework The vital elements of an operational risk management framework Planning the rollout or enhancement of an operational risk framework Tracking progress Takeaway: Operational risk policy templates (Word) Lunch Afternoon break LOSS DATA COLLECTION Setting standards: Who, what, where, when, why and how? Designing a practical process The use of operational risk coordinators Mitigation and action tracking External data sources Exercise: Loss Data Classification Takeaways: Sample loss data collection standards (Word) and loss data collection templates (Excel) End of day one

4 A Practical Approach to Day 2 4 December Registration and coffee RISK AND CONTROL SELF ASSESSMENT Pros and cons of different styles of RCSA Planning for RCSA roll out and maintenance Setting standards and procedures for RCSA Setting scope and content of RCSA Keeping RCSA s current Exercise: RCSA Takeaway: RCSA templates (Excel) Morning break KEY RISK INDICATORS (KRIs) Types of KRIs, KPIs, KCIs How to collect relevant KRIs Sources of KRIs Exercise: KRIs Takeaway: List of potential KRIs (Excel) MEASUREMENT AND MODELING Basel II capital requirements Pros and cons of different methods of calculating capital Exercise: Basic vs Standardised Afternoon break REPORTING Answering the So What? questions Effective loss data reporting Effective RCSA reporting Effective KRI reporting Effective operational risk reporting Exercise: Reporting Takeaway: Sample reporting package (Powerpoint) End of course SCENARIO ANALYSIS Pros and cons of different styles of Scenario Analysis Planning for Scenario Analysis roll out and maintenance Setting standards and procedures for SA Lunch

5 Registration & payment details A Practical Approach to I would like to book: Price Early bird (before 2 November) US$2,469 Standard (after 2 November) US$2,899 For more than 3 delegate bookings Please contact Carolyn Law to discuss a group discount T: + (852) E: carolyn.law@incisivemedia.com Please complete the form below in BLOCK CAPITALS. Full name Department Address Postcode Telephone Job title Company City Country Approving / Training manager Mail Account address if different from above I have enclosed a cheque made payable to Incisive Financial Publishing Ltd. Credit card Please debit my: Amex Visa Mastercard Maestro Issue number Card no Expiry date CVS Bank transfer INCISIVE FINANCIAL PUBLISHING LIMITED The Royal Bank of Scotland, PO Box 412, 62/63 Threadneedle Street, London, EC2R 8LA Account number: INFIPUUSDA IBAN number: GB67RBOS BANK SWIFT CODE: RBOSGB2L Signature Date Payment is required prior to the event. If you require an invoice please inform us stating whether you need an original or a fax copy. We accept company cheques, credit cards and bank transfers. Please allow a minimum of seven working days for a bank transfer to reach us and phone or fax us when it has been sent. Please state the event name and delegate name to which it relates. Your fee Your registration fee includes breakfast and lunch refreshments, pre-course reading and your documentation pack. Customer Services Conference Administration Incisive Financial Publishing Ltd. 20/F Tower 2 Admiralty Centre 18 Harcourt Road Admiralty call + (852) fax + (852) cs.asia@incisivemedia.com Warning: Operational Risk and Regulation is a registered trademark, and the title, contents and style of this brochure are the copyright of Incisive Media. We will act on any infringement of our rights anywhere in the world. Incisive Media. Cancellation: A refund (less 10% administration fee) will be made if notice of cancellation is received in writing three weeks before the event. We regret that no refunds can be given after this period. A substitute delegate is always welcome at no extra charge. Disclaimer: The programme may change due to unforeseen circumstances, and Incisive Media reserves the right to alter the venue and/or speakers. Incisive Media accepts no responsibility for any loss or damage to property belonging to, nor for any personal injury incurred by, attendees at our conferences, whether within the conference venue or otherwise. * All discounts must be redeemed when booking, discounts will not be valid or applied after this time. Incisive Financial Publishing Ltd reserve the right to decline any discount offers and this offer cannot be used in conjunction with any other offer.