Operational risks are among the most significant challenges faced by financial institutions and banks in today's world. Through the Operational Risk in Banks course, part…
Operational risks are among the most significant challenges faced by financial institutions and banks in today's world. Through the Operational Risk in Banks course, participants will be provided with a comprehensive understanding of operational risks, their causes, and their impact on the stability of banking operations. The course aims to introduce participants to the different types of operational risks in the banking sector, as well as how to identify, assess, and manage them effectively.
Participants will gain practical skills in identifying potential risks within banking institutions and will learn techniques and risk management tools that help mitigate these risks and enhance the stability of banking operations. The course aims to improve the ability to analyze risks, develop preventive strategies, and comply with international regulatory standards.
Course Objectives
By the end of the course, participants will be able to:
Target Audience
Executives and department heads in banks
Risk management specialists in the banking sector
Staff in compliance and internal control departments
Anyone working in banks who wants a deeper understanding of operational risks and their management mechanisms
Program Objectives
By the end of the training program, participants will be able to:
Recognize the types of operational risks in banks and how to classify them
Apply effective tools and techniques for identifying and assessing risks
Develop risk management strategies suitable for each type of risk
Comply with international regulatory standards related to operational risks
Improve the internal processes of the bank and reduce the negative impacts of operational risks
Course Outline
Introduction to operational risks in banks
Definition of operational risks and their sources
The difference between operational risks and other types of risks (such as credit and market risks)
The impact of operational risks on the stability of banking operations
Classification of operational risks
Classification of operational risks by type: financial and non-financial
Risks caused by technology: cyberattacks and system failures
Risks related to individuals: human errors and poor management
Identifying operational risks in banking operations
Methods for identifying risks within daily banking operations
Identifying risks related to online banking services
Risks arising from failure to comply with legal regulations
Tools for assessing operational risks
Evaluation methods such as scenario analysis and impact analysis
Using performance indicators and benchmarks to measure risks
Quantitative and qualitative assessment of operational risks
Financial and non-financial impacts of operational risks
How operational risks affect the budget and profitability
The impact of risks on the bank's reputation and customer relations
The role of operational risks in exposing the bank to legal and regulatory issues
Operational risk management strategies
Risk avoidance and reduction strategies
Prevention tools and strategies such as automation and safety procedures
Risk reduction through continuous education and training
Using Enterprise Risk Management (ERM) systems in banks
The role of Enterprise Risk Management systems in identifying and assessing risks
How to use digital tools and software to facilitate risk assessment and management
Application of information technology to enhance risk management processes
The consequences of operational risks
How to deal with risks after they occur: response and recovery plans
Long-term impacts on operations and corporate reputation
Crisis management arising from operational risks in banks
Compliance with international standards in managing operational risks
International standards and regulations for risk management, such as Basel III
The role of regulatory bodies in reducing operational risks
How to comply with regulatory requirements in risk management
Building a risk management culture in banks
Promoting risk awareness within the bank
Activating a culture of accountability and transparency
Encouraging employees to collaborate and engage in risk management
Assessing operational risks using scenario analysis
Scenario analysis to test the bank's preparedness for different risks
Developing preemptive response strategies for potential risks
Assessing the impact of risks based on likelihood and financial consequences
Developing strategies to reduce technology-related risks
Addressing technological challenges such as cyberattacks and defective systems
Prevention and protection strategies against security breaches
Improving the bank's response to cyberattacks
Crisis assessment and impact analysis
Managing crises arising from operational risks
Assessing financial and operational damage caused by risks
Implementing recovery plans and strategies for business continuity
Developing an emergency response plan and employee training
Developing an emergency response plan to handle operational risks
The importance of regular employee training on how to handle risks
Conducting crisis simulations to assess organizational readiness
Applying acquired knowledge and future planning
How to apply operational risk management strategies in banks
Identifying future actions to reduce operational risks
Evaluating overall performance and improving the bank's future processes
Schedule & Fees
2026 Schedule & Fees
There are no public sessions remaining for the course this year. Please contact us if you wish to have a customized in-house session, or to find out how an additional public session can be scheduled.