Gain essential skills to manage operational risk and build operational resilience
This two-day, hands-on program is designed to equip experienced corporate executives with the knowledge, skills, and tools to manage operational risk effectively, build resilience in their organizations, and lead through crises when prevention and controls are insufficient.
Through a combination of presentations, engaging workshops, group discussions, practical exercises, and case-based simulations, this program offers an intensive learning experience designed to strengthen participants’ ability to speak with risk, compliance, audit, security, legal, operations, and finance teams in a meaningful and credible way, and to make better executive decisions under uncertainty.
How you will benefit:
- Gain an understanding of risk management, including strategic, financial, operational, and reputational risks
- Attain skills and tools to manage operational risk effectively
- Build operational resilience across all company functions from a finance perspective
- Increase your preparedness for crisis management when risk management is not effective enough
- Develop a risk-aware culture and governance within your organization
- Identify and mitigate fraud and counterparty risks
- Develop a comprehensive risk management strategy
Program length
2 days
| Day 1 | 09:00 – 17:30 |
| Day 2 | 09:00 – 17:30 |
Next steps
We offer carefully crafted learning paths designed to help you dive deeper into various facets of finance. Take the next step in your professional learning path by choosing one or more of our specialized programs, for example:
Day 1
Introduction
Interactive Session: Operational Risk Management for Executives
- Overview of operational risk concepts, definitions, terminology, and practical frameworks
- How operational risk shows up in strategy execution, growth, and transformation
- Risk identification, assessment, and prioritization at the executive level
- Real-world business case analysis: Systematic operational risk management process
- Group discussion and analysis, sharing industry experiences
Interactive Workshop: Building Organizational Resilience
- Defining resilience and its importance for critical services and decision-making
- Components and strategies for enhancing resilience, including proactive measures
- Hands-on exercises: Assessing risks and resilience using SPECTRA
- Group presentations and feedback
Crisis Management: Realities and Playbook
- Crisis management concepts, principles, and stages
- Real-life examples and case studies of operational and reputational crises and their aftermath
- Comparing outcomes with and without resilience
- Developing a crisis management playbook: Key steps and considerations
Developing a Risk-aware Culture and Governance
- Overview of risk governance approaches and best practices
- Roles and responsibilities of key stakeholders, including board members, C-level executives, and business leaders
- Interactive group discussion: Fostering a risk-aware culture and overcoming barriers
- Sharing insights and learning from peers
Wrap-up & Q&A
Day 2
Interactive Lecture: Advanced Operational Risk Analysis and Decision Integration
- Diving deeper into risk categories and “risk to value” thinking
- Integrating risk management into executive decision-making processes
- Hands-on activity: Developing and evaluating risk mitigation strategies
- Group reflections and sharing best practices
Interactive Workshop & Simulation: Fraud, Misconduct, and Counterparty / Third-Party Exposure
- In-depth exploration of fraud types, common schemes, and why controls fail
- Managing ambiguity and self: How bias affects internal investigations and escalation
- Assessing counterparty and third-party risk, performance, and managing exposure
- Real-world case study: Detecting and responding to operational fraud and misconduct
- Group discussions followed by a simulation: Communicating findings effectively across the hierarchy
Interactive Case Study: External and Dependency Risk Analysis
- Assessing external drivers and operational implications, including supply chain disruption and regulatory changes
- Evaluating vendor concentration risk and single points of failure
- Group exercise: Developing strategies to reduce dependency risk and strengthen resilience
Group Exercise: Scenario Planning and Stress Testing
- Scenario development and analysis, including stress testing and sensitivity analysis
- Proposing risk mitigation strategies and assessing effectiveness
- Aligning scenarios with organizational objectives and risk appetite
- Group presentations and feedback
Executive Crisis Leadership Simulation: “Severe but Plausible”
- Leadership decision-making under time pressure and incomplete information
- Command structure, escalation, and executive communications discipline
- Capturing decisions, rationale, and next steps for governance and learning
Wrap-up & Q&A
To fully benefit from this course, participants should possess a good grasp of finance, accounting, strategy, or general management. Additionally, a willingness to further explore the course topics and apply them to their respective organizations is highly recommended. This course is suitable for individuals holding various roles such as CFO, COO, Head of Finance, Chief Investment Officer, Portfolio Managers, ALM professionals, CTO, Head of IT, Managing Directors, and Non-Executive Directors.
Please contact us should you feel the need to verify your level of knowledge, and/or the relevance of your work context.
Prerequisite
Proficiency in English is vital for following this training program effectively.
Is this program not the right fit for you?
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