RMA Offers Advanced Operational Risk Management Course on West Coast

Philadelphia, PA (April 12, 2017) —

The Risk Management Association (RMA) is pleased to offer its Advanced Operational Risk Management Course on the West Coast through its Golden Gate Chapter located in San Francisco, Calif.

Developed by Richard J. Parsons, author of the RMA-published books, “Broke: America’s Banking System” and “Investing in Banks: Strategies and Statistics for Bankers, Directors, and Investors,” the two-day program uses case studies, checklists, and common sense business practices to strike the right balance between risk and return.

The course will provide risk managers, senior managers, and regulators insight into operational risk management’s credibility gap. It will help participants learn about KRIs that identify emerging external event risks; understand velocity and volume changes to the balance sheet and income statement as the leading indicators of operational risk; define clear roles and responsibilities in operational risk management; appreciate the latest trends in operational risk capital modeling; and more.

The course includes the following topics:

  • Complex Systems, Dodd-Frank, and Culture.
  • Majoring in the Majors: X Risk and 10X Risk.
  • Strong Operational Risk Management Starts with “V”.
  • Clear Roles and Responsibilities: Risk Versus Control Jobs.
  • People Risks: The Holy Grail of 10X Risk.
  • Processes Known to Create 10X Risk and Processes Capable of Creating 10X Risk.
  • The Economics of Capital and Bank Profitability.

It is suggested that you have a working knowledge of RCSAs/BEICFs, scenario analysis, and loss data and capital modeling to register for the course.

For additional information, or to register, visit: https://www.rmahq.org/CustomTemplates/EventCalendar.aspx?id=8966 

About RMA
Founded in 1914, The Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has 2,500 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by 18,000 individuals located throughout North America, Europe, Australia, and Asia/Pacific.

Media Contacts
Stephen Krasowski, skrasowski@rmahq.org, 215-446-4095
Frank Devlin, fdevlin@rmahq.org, 215-446-4137