PECB Certified ORM in Financial Institutions Training Course
PECB Certified ORM in Financial Institutions
- Description
- Who is it For?
- Key Outcomes
- Course Learning Objectives
Course Description
Operational risk managers who hold an ORM in Financial Institutions certification have demonstrated that they have the skills needed to carry out their duties efficiently and effectively. The qualification is offered at three levels: Lead Manager, Manager, and Foundation. These training sessions include various published sources, field standards, common market practices, and contemporary research findings. Every certification level explains the industry's best practices and offers a thorough understanding of ORM standards and philosophy.
By registering in the PECB-certified ORM in Financial Institutions training courses, professionals can acquire the information and abilities necessary to engage, oversee, and spearhead the operational risk discipline in financial services. Among them are the techniques for creating an operational risk management framework and the tools and procedures for detecting, evaluating, reducing, and monitoring operational risk.
Who is it For?
The Operational Risk Management in Financial Institutions PECB course is designed for various professionals, from different skill levels, in the financial sector. Here's a breakdown of who should take this course:
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Risk Management Professionals: Chief Risk Officers, Risk Directors, Risk Managers, and Risk Analysts
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Business Line Managers
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Senior Management: Senior managers and directors who need guidance on overseeing operational risk management
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Compliance Officers and Internal Auditors
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Students and Professionals interested in a career in operational risk management.
Key Outcomes
The PECB ORM in Financial Institutions training course will equip you with the skills and in-depth understanding to handle operational risks within financial institutions. By the course's end, participants can establish frameworks to identify, assess, mitigate, and monitor these risks. They'll gain expertise in using best practices and industry standards.
The PECB Certified ORM in Financial Institutions training course offers three levels: Foundation, Manager, and Lead Manager. Each level builds upon the previous one, with advanced topics like risk culture, scenario analysis, and capital modelling addressed in higher tiers.
Course Learning Objectives
A certification in ORM for Financial Institutions will show that you:
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Recognize the best practices and regulatory requirements for operational risk management in the financial services industry.
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Discover how to set up and run an operational risk management system within a financial institution.
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Recognize, evaluate, reduce, and monitor operational risk in the financial services sector, familiarizing yourself with the techniques, instruments, and methodologies.
Register for the Operational Risk Management in Financial Institutions PECB course to increase your understanding of and proficiency with operational risk management in the financial industry. Look through the options below to choose the training that is relevant to your career needs and professional goals.
Foundation for ORM
The fundamentals of operational risk management in financial institutions are covered in this open-access training course. The following subjects are covered in detail in this training course: "Risk Appetite," "Incident Data Collection," "Regulation & Governance," "Framework and Policies," and "RCSA."
Manager of ORM
Participants in this course must have at least two years of experience, with at least one year of that experience being in operational risk management. This training course expands on "Risk Culture" and "Key Risk Indicators," in addition to the subjects covered in the ORM Foundation.
Lead Manager for ORM
Participants in this course must have at least five years of professional experience, with at least two of those years spent in operational risk management. This training course expands on "Operational Risk Disclosures Reputation," "Scenario Analysis," and "Capital Modelling" in addition to the subjects addressed in ORM Manager.