Operational Risk Management: Basel II/III Compliance

Transcription

1 Operational Risk Management: Basel II/III Compliance Date: October 2017

2 INTRODUCTION This Training course gives you the knowledge and kills needed to review, benchmark and refine operational risk policies within your financial institution. It uses the definitions of the Basel Committee and draws upon both Basel II and Basel III approaches. LEARNING OBJECTIVE How to comply with the Basel Accord How to calculate the charges How to integrate outsourcing into your project The role of risk appetite in operational risk management The importance of the Risk Register How to establish and use an internal loss database Business continuity planning in the face of extreme events How to use external loss data How to develop and use of both stress testing and scenario analysis How to model business processes How to develop and use key risk indicators (KRIs) TARGET PARTICIPANTS Heads of risk Risk Managers Board Directors Heads of Audit Audit Managers Heads of Compliance Project managers Business Heads Risk management professionals Any professional who needs to know how operational risks financial institution

3 COURSE AGENDA The objec3ves of the Basel Accord - What is the Basel Accord - Defining regulatory capital and its use - Explaining what a 99.9% confidence level means to your organisa@on - The objec@ve of a Basel opera@onal risk charge What is Opera@onal risk? - Opera@onal risk defined - How market risk relates to opera@onal risk - How credit risk relates to opera@onal risk Review of the sound prac@ces paper How to iden@fy risk - key risk concerns in the global banking industry Risk priori@sa@on Inherent and residual risks defined The difference between regulatory capital and economics capital A framework on how to build an effec@ve opera@onal risk strategy How to calculate the opera@onal risk capital charge - Using the basic indicator approach - Using the standardised approach or alterna@ve standardised approach - Using the par@al approach - Using the advanced measurement approach The key elements of the Advancement Measurement Approach Overview of the opera@onal risk framework How to develop opera@onal risk policies The Basel III developments what is new in Basel III? Defini@on of capital Phase-in arrangements Capital and Leverage ra@os ARen@on on liquidity Buffers and funding ra@os The impact of the new approach Preparing for Basel III Opera3onal Risks in Outsourcing The Basel rules on outsourcing The risks of outsourcing - Overview of key issues regarding outsourcing - How to account for outsourcing in your opera@onal risk framework

4 Risk Appetite Risk appetite defined How to calculate risk appetite How risk appetite affects operational risk management? Key risk appetite issues on the real world : Personal risk appetites : Corporate risk appetites The Risk Register Why the risk register is important How to assess inherent risk How to assess residual risk How to validate the risk register How to create the risk register - Top down or bottom up? Example and Discussion abut the Risk Register in practice Modelling Business Processes Objectives of business process modelling Business process modelling and how it relates to operational risk How to identify key controls Consideration of linkage to loss data The available types of business process modelling approaches Case studies Control and Risk Self-Assessment The Basel rules as it relates to control and risk self-assessment Objectives of control and risk self assessment - A demo/example of applying the typical technique Review of the level of accuracy of data produced How to present a typical operational risk product Review of typical challenges that arise with control and risk self assessment in the real world Approaches to modelling Using the internal measurement method The use of loss distribution approaches How to employ scorecards Benefits and drawbacks of these methods Practical issues arising in their implementations Designing scenarios, a practical view Trainer s Profile Alan has over 30 years experience of financial markets. He is a leading expert on securities and derivatives markets with particular expertise in the management of operations and risk He is an authority on trading, clearing and settlement with very substantial international experience. Most of Alan s career has been formed by holding a number of senior executive positions at the London Clearning House in the UK and offshore and then with MEFF, the Spanish financial Future Exchange. Alan is a member of the Securities & Investment Institute (MSI).

5 REGISTRATION FORM Operational Risk Management PLEASE REGISTER THE FOLLOWING NAMES: Position: Position: Position: PARTICIPATION FEE B$2, per participant (For Stakeholders only)* B$2, per participant (For Non- Stakeholders and Public) (Stakeholders are AMBD and all domestic banks in Brunei Darussalam) Your fee includes a workshop manual, practical sessions, refreshments & lunches, and certificate of attendance (for full participation). Payment must be made prior to the commencement of the programme. CANCELLATION: * CIBFM operates a strict NO CANCELLATION POLICY upon receiving registration from organisations. Designation Organisation APPROVING OFFICER * CIBFM reserves the right to postpone/ cancel the programme should the minimum of 10 participants are not met. This programme is redeemable from SBS up to 25%. VENUE OF TRAINING: CIBFM, ILIA BUILDING, UBD CAMPUS, UBD, TUNGKU-LINK HIGHWAY, BRUNEI DARUSSALAM Tel: / Fax: Hanizam@cibfmbrunei.com SUBMIT YOUR REGISTRATION BY: 22 September 2017

6 About CIBFM CIBFM is the Centre of Excellence for the finance industry in Negara Brunei Darussalam. Under the purview of Autoriti Monetari Brunei Darussalam (AMBD), CIBFM plays an important role in developing the human capacity in the areas of banking, finance, leadership and management. Accredited by Brunei Darussalam National Accreditation Council as a Training Institution, all CIBFM s training programmes are recognised as Value Added Qualifications. In its role to enhance human capacity development, CIBFM organises high profile events in partnership with renowned institutions and the support of AMBD. CIBFM s signature events are Leadership Conference (LeadCon) and the Brunei Darussalam Islamic Investment Summit (BIIS). ILIA, LEVEL 3, UNIVERSITI BRUNEI DARUSSALAM CAMPUS, JALAN TUNGKU-LINK BE 1410, NEGARA BRUNEI DARUSSALAM