Operational Risk Management That Works
Learning to do what an (Operational) Risk Manager does
This is an MVP that will be continually enhanced.
We Don’t Teach You About
Risk Management*.
We Develop You to Design and Run RM like a budding CRO
Most risk management courses teach you to define, explain, and calculate- in other words, talk about risk management and operate as an analyst. This course develops your ability to do it, not just talk about at the level of a professional associate risk manager, setting you on your way to becoming a CRO.
You’ll work on messy operational risk problems, build solutions, and bring them to a simulated Risk Management Committee (RMC). The RMC will question, test, improve, and validate your solution. The goal isn't to defend your answer.
The goal is to produce a better one.
What You’ll Learn
By the end of the course, you’ll be able to:
-
Identify exposures — determine and assess the potential financial and reputational losses created by activities
-
Design and build controls — develop ways to keep exposures within risk appetite.
-
Build resilience — ensure the organization can absorb and recover from losses outside the RA.
-
Build governance — ensure the risk management system wors is designed to fit for purpose, works as designed and adapts when circumstances change.
-
Solve ORM problems — turn messy situations into practical, fit-for-purpose solutions.
-
Make decisions — build the evidence and reasoning needed to get a solution approved.
How You’ll Learn By Doing
Think of it like learning to ride a bicycle.
You don't learn balance by reading a manual or listening to someone explain how to pedal. You watch, try, wobble, get feedback, and try again—until you can ride.
That's how you'll learn risk management. Class time will simulate the meeting of the Risk Management Committee.
You’ll build an initial solution, take it to the RMC, and,
Through questioning, testing, feedback, and iteration, make it fit for purpose.
Then you'll apply what you've learned from the RMC Sim to a new situation and do it again, and receive targeted feedback on what you are doing well and what and how you need to work on.
You won't just learn to talk about risk management.
You'll learn to determine what needs to be done, design the RM system to do it, test it to determine what needs fixinf, fixing ot and adapting the whole thing when the internal or external situation changes. In short. You will become an effectie risk manager.
* Although the course is focused on operational risk management, the skills learned in this course apply to the management of all risk types, ie market, credit, liquidity, etc.
