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* Risk Management is everyone’s business, not just the CEO’s, CFO’s or CRO’s.

* The biggest Risk in Risk Management is NOT seeing the Risk!

* Discussion on the real challenges in implementing enterprise-wide Operational Risk Management and the methods to overcome some of these challenges.

* Gain an insight to various Good Operational Risk Management Practices.

* “Dirty your Hands” going through a Monte Carlo event simulation process.

* Be introduced to a methodical way of managing Operational Risk from formally defining Operations Processes, to identifying Operational Risks and mitigating these risks, to capturing risk event losses and quantifying Operational Risk losses.

* Be introduced to Frequency Distributions, Severity Distributions and how one can convolute them to obtain joint Frequency-Severity Distributions, and its applications to the quantitative side of operational risk measurement – Value-at-Risk (VaR) and Conditional Value-at-Risk (C-VaR).

* Be introduced to The Basel Capital Accord.

Seminar Facilitator(s):

Dr. Jeffrey C. K. Lim
Ph.D., C.Sci., C.Math., FIMA, FRM, PRM, B.Fel.

Organizer: PI ETA Consulting Company