Regulatory compliance regarding operational risk management has been achieved by most organizations. The real benefits, however, were not yet harvested. In some cases it is even hard to define the value added by the operational risk management function, which was scoped on the regulatory base only. But operational risk management is more: it is enabling business and conserving the bank’s substance. It is also reducing the regulatory burden at the same time!

By attending this MasterClass you will gain the understanding of scenario analysis and the risk culture assessment. Participants will be able to estimate the success of the implementation of a scenario-analysis in their organization. They will learn how to build a scenario based on available materials and to make the scenario assessment observing the influences of biases. Within this two days course Gerrit Jan will share with you the importance of embedding the operation risk management in the organization and optimization with corporate governance, the reasons for integral risk management and the ways of stress testing – thinking through the domino-effect. 

Dr. Gerrit Jan van den Brink RA

Gerrit Jan van den Brink is Managing Director of Valuedata7 GmbH, a risk services company. In addition he is a lecturer on risk management at the J.W. Goethe-University in Frankfurt/Main the Frankfurt School of Finance & Management in Frankfurt/Main and Nyenrode University in Breukelen (Netherlands). He is Certified Public Accountant (RA) in the Netherlands and holds a PhD of the Erasmus University Rotterdam.

Gerrit Jan supports a number of international oriented banks, insurance companies and pension funds regarding the implementation and enhancement of their risk governance models and their risk processes in detail. He is also involved in the product development of risk transfer products to transfer operational risk and other risk types (like longevity risk) via capital markets.

Before founding Valuedata7 in 2007 together with Dr. Albert Jürgen Enders Gerrit Jan worked as Head of Operational Risk Control with Dresdner Bank and was responsible for the implemention of the operational framework, the scenario-analysis, risk indicators and the risk capital model. Furthermore he represented the bank in the operational risk management group of the BaFin (German regulator) to implement the  Basel II-requirements into national legislation.

Gerrit Jan started his career with Rabobank as an internal auditor. Afterwards he was controller of the international division before he was sent to Germany to become IT-Manager and later on Operations Manager of Rabobank International Frankfurt Branch.

Gerrit Jan supports the development of the risk management and corporate governance practice as author of many books, articles and columns. He strongly links these topics to process management. He is a recognized speaker on conferences and a trainer in masterclasses for about 7 years.

• Your current risk assessment tell you the “already knowns”. But you aim for the real risk profile of your organization
• You like to embed operational risk management in your organization
• You need to reduce the regulatory burden for your organization
• You like to take risk based decisions
• You like to further develop your career chances by understanding the integral risk management and the operational risk manager’s role.
  
  

Chief Risk Officers, Head of Risk Management, Head of Operational Risk Management, Operational Risk Managers, Operational Risk Controllers, Business Controllers, Operations Managers, Internal Auditors, External Auditors