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

UTAP Funding

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

19 Jun 2025 (9:00 AM - 5:00 PM)
20 Jun 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)


SGD pricing -

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,
Amber Meeting Room
Singapore 228230
Date & Time

23 Oct 2025 (9:00 AM - 5:00 PM)
24 Oct 2025 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)


SGD pricing -

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,
Amber Meeting Room
Singapore 228230

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 01 April 2024 and 31 March 2025. *This excludes miscellaneous fees such as GST and registration fee etc.
 
This course is approved for UTAP support for intakes conducted between 01 April 2024 – 31 March 2025.
 
As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

  • Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
  • Course by training provider must be supported under UTAP and training must commence within the supported period and;
  • Unfunded course fee must not be fully sponsored by company or other types of funding
  • Unfunded course fee must be S$20.00 and above, and;
  • Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
  • UTAP application must be made within 6 months after course ends.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

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

19 Jun 2025 (9:00 AM - 5:00 PM)
20 Jun 2025 (9:00 AM - 5:00 PM)
Fee (inclusive of GST)


SGD pricing -

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,
Amber Meeting Room
Singapore 228230


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