Conference about Operational Risk - Beyond Regulatory Constraints

Website http://bit.ly/1XbI0mq | Edit Freely

Category Financial ; Operational Risk Management; types of operational risk

Deadline: January 18, 2016 | Date: January 19, 2016

Venue/Country: Online Event, U.S.A

Updated: 2015-11-30 18:42:06 (GMT+9)

Call For Papers - CFP

In financial institution, operational risk has been considered as minor compared to credit risk and market risk. Moreover, Operational Risk is too difficult to grasp for bankers. Therefore operational risk management is often considered as a regulatory constraint or as an imprecise practice rather than a science, and it is often hijacked by political necessities, or can turn into insignificant exercises aimed at predicting small losses or improving efficiency without consideration for high-impact risks.

We present in this webinar an overview of the practical techniques coming from best practice that apply and reinforce bank operations whatever their size and complexity.

Why should you Attend:

Most large losses have been due to the occurrence of operational risks. Whilst financial institutions think they know about this type of risks, the profession has been slow to learn from other older industries dealing with catastrophic risk on a daily basis.

The banking world has not been able to avoid large debacles due to e.g. rogue trading and macroeconomic turbulences. It is now critical for banks to set up comprehensive frameworks to handle these risks at reasonable costs and to the satisfaction of regulators, without compromising everybody’s drive to go forward and advance in sophistication. Banks now have to find out, formalize and implement techniques to identify, understand, measure and proactively handle operational risks. Methods for that can vary, but one has to find the best methods, as the price of failure and the rewards for success are too high: straight loss, regulatory effects, reputational loss etc. can no longer be neglected.

Areas Covered in the Session:

Operational risk frameworks

Minimum capital requirements for operational risk

The Basel II and III Accords

Internal and external compliance

Effective approaches to risk-based economic capital management

Measuring Risk-Adjusted Return On Capital (Raroc)

Relationship with other risks

Understanding risk tolerance

Impact of Basel III regulation on financial organizations

Who Will Benefit:

Operational risk analysts

Operational risk managers

Operations managers

Back-office

Middle-office

Risk functions

Speaker Profile:

Mr. Fred Vacelet MBA, FRM/PRM, CTM, is an international Financial Risk Management Consultant, well versed in quantitative techniques,with a strong academic and practical background in Risk Management methodological frameworks for credit risk, market risk and operational risk, and compliance with risk regulations.He has some 20 years experience advising banks and software houses on derivatives and risk management. His client list includes ABN Amro, Barclays, Credit Suisse, the UK FSA, Reuters and numerous other institutions of various countries and sizes.

Contact Detail:

NetZealous - Compliance4All,

161 Mission Falls Lane, Suite 216,

Fremont, CA 94539, USA.

Phone: +1-800-447-9407

Email: supportcompliance4All.com

http://www.compliance4all.com/

Event Link : http://bit.ly/1XbI0mq