Advanced best practices for op risk management - Tuesday, 15 September

Led by:
Dominic Wu, Head of Operational Risk Management, Risk Management and Credit, Non-Japan Asia, NOMURA

08.30 Coffee and registration

09.00 Starting ORM with risk appetite

• Concepts and definition of operational risk appetite
• Classification and measurement of risk appetite
• Involvement of different level of staff in setting the risk appetite
• Application of risk appetite into ORM programme
• Presentation of risk results in alignment to risk appetite

10.00 Morning break

10.30 Implementing advanced key risk indicators

• Roadmap to build KRI
• Benchmarking and monitoring
• Achievement of risk convergence in KRI
• Managing the operational risk throughout the KRI process
• Making KRI meaningful to different level of management

11.30 Conducting operational risk assessment for new product and business

• New product and business cycle
• Types of operational risk involved
• Role of ORM team and business departments
• Conduct operational risk assessment for activities which happen in future
• Post implementation risk assessment

12.30 Lunch

13.30 Building a heatmap

• What is heatmap?
• Roadmap to build heatmap
• Benchmarking and monitoring
• Managing the operational risk throughout the heat map
• Effective presentation of heatmap to top and business management

14.30 Risks watch list

• What is operational risk watch list?
• Implementation of forward looking and proactive operational risk management
• Assess the effectiveness of controls
• Identify opportunities for gap improvement
• Management of operational risk on a strategic level

15.30 Afternoon break

16.00 Delivering the operational risk report

• Key principles of effective operational risk report
• Format and content of good operational risk report
• Skills on presentation of the report to business and senior management
• Report as a way of risk communication between top management and staff
• Transform the report into appropriate message back to all level of staff

17.00 Q & A

17.30 Close of seminar

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Spaces for this pre-conference seminar are limited so book now

online
email— pablocg@incisivemedia.com
call— + 852 3411 4888 / + 44 870 240 8859