Operational Risk Management: Mastering Resilience and Efficiency in Dynamic Organizations $850

Course Overview

Operational risk management is critical to the stability and longevity of organizations, especially in an environment where risks are becoming increasingly complex and interdependent. This 4-day in-person training in Kampala, Uganda, provides a comprehensive, technical approach to managing operational risks. The program will equip middle management professionals with actionable strategies, tools, and frameworks to identify, assess, mitigate, and monitor operational risks in their organizations.

By integrating the latest risk management methodologies and leveraging advanced technology, this course focuses on fostering organizational resilience and efficiency. Participants will leave with the confidence to build risk- aware cultures, streamline processes, and create future-ready risk management systems.

What Makes This Program Essential?

In-Depth Operational Risk Frameworks

Understand the full scope of operational risk categories, including people, process, systems, and external events. Learn to develop frameworks for systematically managing operational risks at both a strategic and tactical level.

Technical Risk Assessment and Mitigation

Explore advanced risk identification and prioritization techniques, including root cause analysis, loss data management, and process optimization to effectively reduce vulnerabilities.

Leveraging Technology for Risk Monitoring and Control

Gain insight into how automation, machine learning, and data analytics are transforming operational risk management. Learn practical tools for risk detection, reporting, and mitigation through technology.

Emerging Risks in a Digital Age

Stay ahead of emerging operational risks such as cybersecurity, climate-related risks, and disruptions caused by rapid technological advancements.

Program Highlights

Foundations and Advanced Risk Frameworks

• Introduction to Operational Risk Management

Deep dive into the definition, scope, and categories of operational risk, and the financial, reputational, and regulatory impacts.

• Developing Operational Risk Frameworks

Learn to design and implement comprehensive operational risk management frameworks that align with organizational goals.

• Advanced Key Risk Indicators (KRIs)

Explore the design, calibration, and validation of KRIs, including the use of predictive analytics to enhance risk detection.

• Case Study: Review real-world case studies of operational risk events and their impacts on organizations.

Risk Identification, Assessment, and Mitigation

• Advanced Risk Identification and Prioritization Techniques

Apply tools such as Failure Mode and Effect Analysis (FMEA) and Root Cause Analysis to identify risks at a granular level.

• Loss Data Management

Learn how to collect, manage, and analyze internal loss data for effective decision-making and regulatory reporting.

• Mitigating Operational Risks Through Process Optimization

Identify inefficiencies and redesign workflows with a focus on risk reduction.

• Technology in Risk Mitigation

Leverage automation and data analytics to streamline risk detection, reporting, and control systems.

Building Organizational Resilience and Governance

• Governance Models for Operational Risk: Develop a robust governance framework for operational risk management, including accountability structures and communication channels.
• Developing a Risk-Aware Culture: Learn how to foster a risk-aware mindset across teams and integrate risk management into daily operations.
• Crisis Management and Business Continuity: Gain skills in crisis management, business continuity planning, and disaster recovery to ensure organizational resilience.
• Hands-On Workshop: Design a governance model tailored to your organization’s risk management needs.

Emerging Risks and Future-Proofing Operational Risk

• Cybersecurity Risks and Mitigation: Delve into operational risks linked to cybersecurity, explore threat detection systems, and discuss data protection strategies.
• Adapting to Climate and Environmental Risks: Analyze how environmental factors can impact operational risk and strategies to mitigate these emerging risks.

Data-Driven Decision Making for Operational Risk: Use data analytics and reporting tools to enhance decision-making and improve risk management outcomes.

• Personalized Action Plans: Develop a personalized roadmap to implement actionable risk management strategies tailored to your organization’s needs.

Who Should Attend?

This program is tailored for professionals responsible for managing operational risks across industries, including:

• Risk Managers focused on identifying, assessing, and mitigating operational risks.
• Operations Leaders aiming to optimize processes while ensuring risk management.
• Compliance Officers tasked with ensuring regulatory adherence.
• Executive Leaders driving operational risk strategies and initiatives.
• Professionals from Banking, Financial Services, and the Public Sector managing operational risks in emerging economies.

Program Details

• Format: 4-day in-person training in Kampala, Uganda
• Investment: USD 850 per participant
• What’s Included:
  • Comprehensive course materials and risk management toolkits
  • Networking opportunities with industry peers and risk experts
  • Hands-on workshops and case study discussions
  • Certificate of Completion in Operational Risk Management

Why Attend This Program?

As operational risks become increasingly sophisticated, organizations must adopt forward-thinking strategies to manage them effectively. This program equips participants with the practical tools, techniques, and knowledge to proactively address current and future risks, ensuring organizational resilience and operational efficiency.

Exclusive Offers

◎ Early Bird Discounts: Save up to 10% by registering 45 days before the course date.

◎ Group Rates: Special rates for teams of 5 or more.

◎ In-House Training: Tailor programs to your organization’s goals and challenges.

For inquiries about course details, registration or customized programs – Contact us today to unlock your team’s potential!

Email us at enquiries@opexft.com.sera@opexft.com or call +255 765 744 832.