Course Detail(BM018E : Strategic Approach to Operational Risk Management)
Not Available

BM018E : Strategic Approach to Operational Risk Management NEW

14.00 CPE Hours (Others)
Classroom

This seminar introduces a methodical way of formally defining all the various operational risk processes before proceeding to identify risk areas. There will be discussions on the real challenges in implementing enterprise-wide Operational Risk Management, key Operational Risks plaguing organisations and the methods to overcome some of these challenges and risks. Participants will also get to try their hands at a Monte Carlo event simulation process

Programme Outline

 

  • Types of Operational Risk and their respective considerations
  • Building Operational Risk Mitigating Strategies and Resilience
  • Environmental, Social and Governance (ESG) Considerations in Operational Risk Management (ORM)
  • Applied Operational Risk Management: Real-World Solutions and Best Practices
  • Strategic Risk Management frameworks:
    • Using the PERMIT® Risk Score Card
    • Operational Risk Quantification and Measurement
    • Basel Capital Accord


On the completion of this course, you will be able to:

  • Describe Good Operational Risk Management Practices;
  • Apply the importance of embracing practices that will bolster Operational Resilience;
  • Understand how Environmental, Social and Governance (ESG) considerations should be featured as part of Good Operational Risk Management Practices;
  • Discuss and apply operational risk management in an organisation

 

Training Methodology

An interactive trainer-led facilitation and lecture with exercises and case studies


Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

Senior Management, Business Line Managers and Personnel, Risk Management Personnel, Finance Personnel, Operations and Settlements Personnel, Accountants, Internal and External Auditors

Competency Mapping

Others = 14.00 Hours

Schedule & Fees
Date & Time

20 Jun 2024 (9:00 AM - 5:00 PM)
21 Jun 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 2,441.60
For Non-Members: $ 3,052.00

Programme Facilitator(s)

Dr Jeffrey C.K. Lim

Venue

Sheraton Towers Singapore, 39 Scotts Road,
Singapore 228230
Date & Time

24 Oct 2024 (9:00 AM - 5:00 PM)
25 Oct 2024 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 2,441.60
For Non-Members: $ 3,052.00

Programme Facilitator(s)

Dr Jeffrey C.K. Lim

Venue

Sheraton Towers Singapore, 39 Scotts Road,
Singapore 228230

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Dr Jeffrey C.K. Lim

Dr. Jeffrey C. K. Lim, certified Financial Risk Manager (FRM) and certified Professional Risk Manager (PRM), is currently the Managing Director of a Treasury & Financial Risk Management Consulting Company.

A Chartered Scientist (C.Sci.), a Chartered Mathematician (C.Math.) and an elected Fellow of the Institute of Mathematics and Its Applications (IMA), U.K. (FIMA), Jeff earned his Ph.D. in Stochastic Financial Modeling from the University of Cambridge in England. Jeff’s research interest at Cambridge was in the area of Arbitrage Opportunities occurring in the Mispricing of Financial Options, and his original research culminated in the publication of his doctoral dissertation entitled: “Multi-period Mean-Variance Option Portfolio Strategies”.

Jeff was an authorized Securities & Financial Derivatives Representative in London, having been certified by The Securities and Futures Authority (SFA) in England, where he started his career as a Derivatives Analyst with Nomura International in London, England. He subsequently joined NatWest Markets from London, England to become its Head of Currency Structured Products for South and South-East Asia. Jeff then moved to American Express Bank to become its Director of Structured Products, prior to assuming his current position. 

Jeff has also contributed to the development and enhancement of talent and infrastructure for Singapore's financial center as a guest Professor at the National University of Singapore’s Center for Financial Engineering, where he was responsible for the curriculum of its Master of Science degree program’s core modules in Financial Derivatives and Treasury Management. In addition, Jeff has also been invited by the Nanyang Technological University and the Singapore Management University to share his expertise in a similar capacity. In recognition of Jeff’s expertise and experience in the field of Treasury and Financial Risk Management, the University of New South Wales Asia appointed Jeff to be its first Adjunct Professor with the university’s Division of Business and Humanities. 

Professionally, Jeff is a Fellow of both The Global Association of Risk Professionals (GARP), U.S.A. and The Professional Risk Managers International Association (PRMIA), U.S.A. He is also a Fellow of the Cambridge Philosophical Society, U.K. and a Life-time Member of The Cambridge Society, U.K. Jeff is also honoured to be a Fellow of The Cambridge Commonwealth Society, U.K., having been previously awarded the Cambridge Commonwealth Trust and the Shell Group of Companies Doctoral Research Scholarship.

As a special recognition of Jeff’s professional achievements, on 9 April 1999, Barons Who’s Who conferred Jeff with the Barons Fellowship status, making him a Barons Fellow (B.Fel.). This award by their Charter, is limited to only the top 10% of those selected for publication in Barons Who’s Who International.
 

This seminar introduces a methodical way of formally defining all the various operational risk processes before proceeding to identify risk areas. There will be discussions on the real challenges in implementing enterprise-wide Operational Risk Management, key Operational Risks plaguing organisations and the methods to overcome some of these challenges and risks. Participants will also get to try their hands at a Monte Carlo event simulation process

Programme Outline

 

  • Types of Operational Risk and their respective considerations
  • Building Operational Risk Mitigating Strategies and Resilience
  • Environmental, Social and Governance (ESG) Considerations in Operational Risk Management (ORM)
  • Applied Operational Risk Management: Real-World Solutions and Best Practices
  • Strategic Risk Management frameworks:
    • Using the PERMIT® Risk Score Card
    • Operational Risk Quantification and Measurement
    • Basel Capital Accord


On the completion of this course, you will be able to:

  • Describe Good Operational Risk Management Practices;
  • Apply the importance of embracing practices that will bolster Operational Resilience;
  • Understand how Environmental, Social and Governance (ESG) considerations should be featured as part of Good Operational Risk Management Practices;
  • Discuss and apply operational risk management in an organisation

 

Training Methodology

An interactive trainer-led facilitation and lecture with exercises and case studies


Closing Date for Registration
1 week before programme or until full enrolment.

Intended For

Senior Management, Business Line Managers and Personnel, Risk Management Personnel, Finance Personnel, Operations and Settlements Personnel, Accountants, Internal and External Auditors

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)

Dr Jeffrey C.K. Lim

Dr. Jeffrey C. K. Lim, certified Financial Risk Manager (FRM) and certified Professional Risk Manager (PRM), is currently the Managing Director of a Treasury & Financial Risk Management Consulting Company.

A Chartered Scientist (C.Sci.), a Chartered Mathematician (C.Math.) and an elected Fellow of the Institute of Mathematics and Its Applications (IMA), U.K. (FIMA), Jeff earned his Ph.D. in Stochastic Financial Modeling from the University of Cambridge in England. Jeff’s research interest at Cambridge was in the area of Arbitrage Opportunities occurring in the Mispricing of Financial Options, and his original research culminated in the publication of his doctoral dissertation entitled: “Multi-period Mean-Variance Option Portfolio Strategies”.

Jeff was an authorized Securities & Financial Derivatives Representative in London, having been certified by The Securities and Futures Authority (SFA) in England, where he started his career as a Derivatives Analyst with Nomura International in London, England. He subsequently joined NatWest Markets from London, England to become its Head of Currency Structured Products for South and South-East Asia. Jeff then moved to American Express Bank to become its Director of Structured Products, prior to assuming his current position. 

Jeff has also contributed to the development and enhancement of talent and infrastructure for Singapore's financial center as a guest Professor at the National University of Singapore’s Center for Financial Engineering, where he was responsible for the curriculum of its Master of Science degree program’s core modules in Financial Derivatives and Treasury Management. In addition, Jeff has also been invited by the Nanyang Technological University and the Singapore Management University to share his expertise in a similar capacity. In recognition of Jeff’s expertise and experience in the field of Treasury and Financial Risk Management, the University of New South Wales Asia appointed Jeff to be its first Adjunct Professor with the university’s Division of Business and Humanities. 

Professionally, Jeff is a Fellow of both The Global Association of Risk Professionals (GARP), U.S.A. and The Professional Risk Managers International Association (PRMIA), U.S.A. He is also a Fellow of the Cambridge Philosophical Society, U.K. and a Life-time Member of The Cambridge Society, U.K. Jeff is also honoured to be a Fellow of The Cambridge Commonwealth Society, U.K., having been previously awarded the Cambridge Commonwealth Trust and the Shell Group of Companies Doctoral Research Scholarship.

As a special recognition of Jeff’s professional achievements, on 9 April 1999, Barons Who’s Who conferred Jeff with the Barons Fellowship status, making him a Barons Fellow (B.Fel.). This award by their Charter, is limited to only the top 10% of those selected for publication in Barons Who’s Who International.
 

Upcoming Schedule

Date & Time

20 Jun 2024 (9:00 AM - 5:00 PM)
21 Jun 2024 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)

For Members: $ 2,441.60
For Non-Members: $ 3,052.00

Programme Facilitator(s)

Dr Jeffrey C.K. Lim

Venue

Sheraton Towers Singapore, 39 Scotts Road,
Singapore 228230


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