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Online via zoom, or in person at: 1 Angel Court, London EC2R 7HJ United Kingdom
In this workshop we’ll deep dive into risk report writing, including a step by step on how to structure a meaningful and actionable committee paper.
Topics include:
risk aggregation (BCBS 239)
corporate governance principles
the importance of balancing steering and supervising type papers
This session will review how the results from the Operational risk tools can be consolidated in a meaningful way for Board and senior committees as well as highlighting practical ways of presenting an Operational risk profile, getting right to the point, and answering the vitally important so what? question, making reports succinct, punchy and actionable.
The course is structured to provide delegates with crucial knowledge as well as opportunity to take part in group work and discussion, to address emerging themes and benchmark solutions with peer firms. It is packed with practical tips and hints as well as providing attendees with immediate and constructive feedback on their own example papers.
Recognise common reporting challenges
Understand good governance principles and apply them to risk reporting
Examine 3-step approach to successful report writing
Review BCBS 239 requirements and employ them in your reporting process
Learn how to structure an actionable and meaningful risk report
Consider ‘blind spots’ of risk reports and ways to address them
Receive immediate and constructive feedback on your report examples
Make A Difference: Develop a plan on how you will make a difference to report writing
Working lunch included – that includes networking, and a chance to ask the trainer your specific questions about the topic.
This workshop will be offered in a hybrid format, allowing participants to attend either in person or online. After you register for the course, a member of the team will contact you to confirm your preferred mode of attendance. Please be aware that changes to your chosen method of participation may incur an administrative fee, except in cases of extenuating circumstances.
Whether you are seeking to upskill your team, enhance productivity or foster a culture of continuous learning, we can deliver customised training programmes designed to meet your specific needs. If you have an enquiry, you can complete the in-house form and our training team will be in touch with next steps.
This course is part of the Operational Risk Series, which includes seven workshops in total, see below for information on each:
Structuring an Effective Risk Report
Common reporting challenges: Lengthy, verbose, not actionable
Examining practical solutions: 3-step process for successful report writing
Roles of writer, sponsor and advocate
Comparing examples: What does good look like?
Practical application: Live poll and group discussions on reporting practices
BCBS 239 and its implications for report writing
BCBS239: risk aggregation and risk reporting
Reviewing key principles
Industry progress in implementation
Practical application: live poll and group discussion on data integrity and accuracy
Good Corporate Governance Principles
Reviewing the principles and their impact on reporting
Asking the right questions: committee self-assessment of effectiveness
Understanding how the boards function and the ‘why’ of reporting
Practical application: live poll and group discussion on successes and challenges
Developing next steps: Reflections on what you can do to enhance committee reports
Clinic: Bring Your Own Report
Trainer
Elena Pykhova is award-winning risk expert, author, international trainer and educator. She is the founder of a boutique risk management consultancy, ...
Elena Pykhova is award-winning risk expert, author, international trainer and educator. She is the founder of a boutique risk management consultancy, The OpRisk company, specialising in risk transformation, board and executive level advice on effective operational and enterprise risk management strategy, design and implementation. Elena is an author of a best-selling book, Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions.
She is a renowned educator, running public and in-house training courses in the UK and internationally for world-leading organisations including Euronext, the Moller Center Cambridge University and the Institute of Internal Auditors. Elena is a thought leader, influencer and founder of a prominent industry think tank, the Best Practice Operational Risk Forum. She is a former Director for Education at the Institute of Operational Risk and chair of the Expert Panel for the Association of Foreign Banks. Passionate about the discipline, she founded her training and consulting practice after 20 years of experience in senior roles at Fortune 500 companies.
The course has been designed to appeal to Operational and Enterprise risk professionals, as well as individuals responsible for designing and delivering Board and senior committee papers, including but not limited to:
Operational risk
Enterprise Risk
Compliance
Governance and Control
Internal Audit
Risk Champions
Chief Risk Officers
We have some bundle options and other discounts available should you want to book several workshops or the entire series:
Series pricing (7 for price of 6 = 15% discount): £2700 + VAT (Member) £3450 + VAT (Non-member) You can book the entire series herePurchasing 3 or more sessions: 10% discount, please contact our training team training@ukfinance.org.uk to enquire.Buying 1 - 2 sessions: £450 + VAT / Half Day £575 + VAT / Half DayYou can send different colleagues from your organisation to different sessions and this can all be done through one booking (on one invoice). We advise that no more than 3 attendees per firm per series to maximise attendees’ experience.
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