Course Id :
GS-RESC-10
Stream :
Resilience & Continuity
CERTIFIED OPERATIONAL RISK MANAGEMENT AND OPERATIONAL RESILIENCE SPECIALIST COURSE
UPCOMING DATES
Duration
3 Days
CPD Credits
24
Exam Duration
1 Hour
Course DETAILS
This course is 100% based on RBI’s Guidance. Note on Operational Risk Management and Operational Resilience (released on 30th April 2024).
Operational Risk: the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events.
Operational Risk Management: a continual cyclic process which includes risk assessment, risk decision making, and implementation of risk controls, which results in acceptance, mitigation, or avoidance of risk.
Operational Resilience: the ability of a bank to deliver critical operations through disruption. (BCBS)
Operational resilience: an outcome that benefits from the effective management of operational risk (BCBS, RBI)
Operational Risk Management and Operational Resilience Specialist course will help an organization/ individual in multiple ways like:
· Understanding ORM and OR concepts
· Raising awareness at all levels
· Being compliant to Regulatory requirements
Course ObjECTIVES
• Master the essentials of Operational Risk Management and Resilience, while gaining a solid understanding of the regulatory framework as per RBI regulations.
• Grasp the core drivers behind Operational Resilience and explore actionable strategies for effective implementation.
• Achieve the Certified Operational Risk Management and Operational Resilience Specialist title (conditions apply) to position your company for RBI compliance and success.
• Elevate your career by sharpening your skills in the Resilience domain, bridging the skills gap, and becoming Re-deployable, Incrementable, Promotable, Employable, and Retainable.
WHO SHOULD ATTEND
• All individuals in BFSI sector – to ensure regulatory compliance (the RBI Guidance is enforceable to all Commercial Banks, all Primary (Urban) Co-operative Banks/State Co-operative Banks/Central Co-operative Banks, all All-India Financial Institutions (viz., Exim Bank, NABARD, NHB, SIDBI, and NaBFID), and all Non-Banking Financial Companies including Housing Finance Companies).
• All individuals in other sectors to achieve Operational Excellence and attain Organizational Resilience
• Top and middle management
• Auditors, Assessors, Quality Specialists, Regulators
• Those who are preparing to start their professional journey into Resilience domain or in the BFSI sector
• Those involved in programs like Risk Management, BCM, Quality Management, Environment Management, Information Security Management, Physical Security Management, Governance-Risk-Compliance etc
Prerequisites
Delegates of this training course are required to have a fundamental understanding of business continuity and resilience concepts. An experience of about 2 years in business continuity or resilience domain is required to be able to grasp the elements of this course.