Course Agenda

Agenda

Course Agenda

Day 1

Wednesday 13th March 2019

08:30

Registration and refreshments

09:00

Implementing an Operational Risk Framework

  • Definition of an operational risk framework
  • Roles and responsibilities of each function – where do they overlap
  • Governance
  • Organisational structure

Business benefits and downsides

  • What is it all about?
  • Why is it important?
  • Working across teams
  • Interaction with audit

10:30

Morning break

11:00

Risk Identification Tools and RCSA’s

  • Tools and techniques for risk identification
  • Risk register
  • Root cause analysis
  • Defining your RCSA and identifying key risk and controls
  • Limitations of RCSA
  • Assessment of risks
  • Review KRI’s

12:30

Lunch

13:30

Operational Implications of Regulation

  • MiFID II – data management and issues with systems
  • MAR – market abuse control frameworks
  • REMIT and market manipulation - creating a compliance culture
  • EMIR – alignment of REMIT & EMIR reporting
  • Operational challenges of regulatory reporting

Nikos Triantafyllidis, Group Financial & Energy Markets Compliance Manager, OMV

15:00

Afternoon break

15:30

Emerging Risks – Cyber Security

  • Manual controls
  • Protecting against attacks
  • Detecting attacks
  • Minimising the impact of incidents
  • IT security controls and escalation protocols
  • Third party risk
  • Emerging technologies

17:00

End of Day 1

Day 2

Thursday 14th March 2019

08:30

Refreshments

09:00

Data Quality in Regulatory Reporting

  • Data quality in transaction reporting under REMIT
  • Data quality in transparency reporting under EMIR
  • Data quality in insider Reporting under REMIT
  • Data quality in transaction reporting under EMIR

Josef Bogensperger, Principal Risk Manager, VERBUND Trading GmbH

10:30

Morning break

11:00

CASE STUDY: Implementing a Risk Culture and the Link with Conduct

  • Identifying culture and embedding it in to the ORM

  • Impact of business decisions on culture and conduct
  • Operational risk data – metrics and targets
  • Conduct reporting 
  • Barriers to achieving a sound risk culture framework

12:30

Lunch

13:30

Internal Controls

  • Understanding of controls under the SOX process
  • Understanding causes of human error
  • Preventative controls
  • Detecting the risk
  • Reducing impact
  • Balance of controls
  • Manual detective controls
  • Preventative controls

Melanie Hall, Independent Consultant

15:00

Afternoon break

15:30

The Role of Operations in Managing Risk in Projects 

  • The risk wheel
  • Identifying stakeholders and expectations
  • Setting performance criteria
  • Allowing for regulatory constraints
  • Causes of project failure
  • Looking forward and backwards at each stage of project life cycle
  • Review of risk management strategies

David Hirst, Managing Director, Ainsty Risk Consulting (ARC)

17:00

End of course