Globalization and deregulation in financial markets, in combination with ever increasing sophistication of financial technologies have introduced more complexities into the activities of financial institutions and their risk profiles. These reasons stress out the growing focus on identification and measurement of operational risk. Operational risk is a subject that should draw your attention whether you’re focusing on day-to-day management or on big picture strategies.

Managing risks at the operational level of an organization is an emerging and dynamic discipline. Operational risk is present across all business lines. Weak operational risk management can result in substantial losses from a number of threats including business disruptions or improper business practices. Management should distinguish the operational risk from other risks to enable a stronger focus on its mitigation.

Our conference gives a clear picture of the challenges industry is currently facing. It is showing what makes operational risk management different from traditional functions like compliance or audit. Case studies will define the needs of the regulators and learn more about operational risk frameworks and tools. It emphasizes the importance of obtaining the buy-in from business lines as tools for providing value. By developing an operational risk program that focuses not only on the regulatory directive but also the underlying business issues, the organization can achieve considerable cost saving.

 

 

Group Head of Operational Risk Management, Unicredit

Group Operational Risk Manager, SEB

Head of Compliance and Risk, Continental Europe, Schroders

Manager Operational Risk Policy, FSA

Head of Operational Risk, Rabobank

Head of Operational Risk Control, Erste Bank Group

Head of Operational Risk, Bank Austria Creditanstalt

Head of UK Internal Audit, Lincoln Financial Group

Group Head of Operational Risk, Caisse d'Espargne

 

 

 

• Operational risk value – defining the appetite and embedding the culture
• Implications of Basel II and challenges that the financial industry is facing
• Business continuity management and reduction of operational risk
• AMA model implementation for the assessment of operational risk
• Scenario analysis and stress testing, risk and control self-assessment strategies

 

 

CROs, Managing Directors, Heads, Executive Directors, Directors, Vice Presidents and Managers of Operational Risk, Operations, Risk Management, Risk Advisory, Internal Audit, Internal Control, IT, Financial Control, Systems Auditing, Fraud Detection, Risk Analysts, Operation Risk Consultants, Members of Risk Committees