Foundations and Frameworks of Operational Risk Management

What Will You Learn?

• The core principles and key definitions of operational risk and how they apply in different organizational contexts
• Types and categories of operational risk, including people, process, system, and external event risks
• Common methodologies for identifying, assessing, and analyzing operational risks
• The regulatory landscape, including Basel Accords and ISO 31000, and how they shape operational risk management practices
• The role of operational risk within Enterprise Risk Management (ERM) frameworks
• Governance structures, roles of boards, committees, and internal functions in operational risk oversight
• Key components of effective policies and procedures for operational risk management
• The importance of risk culture, accountability, and ethical conduct in operational risk governance