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Online via zoom, or in person at: 1 Angel Court, London EC2R 7HJ United Kingdom
Whilst progress has been achieved in embedding Environmental, Social and Governance (ESG) into financial risk frameworks, such as credit and market, understanding of Operational risk integration is still developing.
This interactive workshop provides a succinct and practical overview of key ESG components and offers a step-by-step guide for integrating ESG risk management into the Operational Risk framework. Throughout participants will improve their understanding of ESG, and focusses on tools such as Risk Events, RCSAs, Scenarios, with added coverage of evaluation and management of Reputational risk emanating from the ESG factors.
The course is structured to provide delegates with crucial knowledge as well as opportunities for group work and discussion, to address emerging themes and benchmark solutions with peer firms. It is packed with practical tips and hints and ends and features a ‘Discuss your challenges’ clinic where participants will receive an immediate and constructive feedback on their own progress and roadblocks.
Understand ESG definitions and aspects
Differentiate between physical, transition and liability risks
Find meaningful ways to incorporate ESG into Operational risk framework
Examine impact on key tools: Risk Events, Risk Assessments and Scenario Analysis
Perform a deep dive into ESG in the context of Reputational risk
Make A Difference: Develop a plan on how you will progress ESG integration
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:
Introducing Key Concepts and setting regulatory expectations
Recap: ESG and its key concepts
How organisations approach ESG: examining ‘The Triangle’
Regulatory drivers: analysis implications for Operational risk management
ESG within the context of the firm’s Risk framework
Practical application: live poll, discussion and sharing of best practices
Focus on the E: Incorporating into Taxonomy and Tools
Tackling the E: a cause or a risk in its own right?
Operational Risk Events process: step by step guidance
Operational Risk Assessments and Scenario Analysis
Practical application: Live poll, discussion and sharing best practices
The S and G: Integrating into Operational Risk Framework
Examining S and G: connecting the dots
Incorporating S and G into Operational risk Taxonomy and Toolkit
Considering reputation: an asset or an impact?
4-step approach to Reputational risk assessment
Measuring ESG reputational risks
Practical application: evaluating approaches adopted by participants
Developing next steps: Reflections on what you can do to progress ESG integration
Clinic: Discuss your ESG integration challenges
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.
This is an essential course for all individuals responsible for implementing ESG risk management practices in their organisations or those interested to stay current and improve their ESG risk solutions, including:
Operational risk
Enterprise risk
Sustainability / ESG teams
Compliance
Internal Audit
Directors and senior executives
Individuals responsible for implementing ESG risk management practices within their organisation
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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