New York Institute of Finance
Operational Risk Management: Frameworks & Strategies
New York Institute of Finance

Operational Risk Management: Frameworks & Strategies

This course is part of Risk Management Specialization

Taught in English

Some content may not be translated

Jack Farmer

Instructor: Jack Farmer

10,606 already enrolled

Included with Coursera Plus

Course

Gain insight into a topic and learn the fundamentals

4.6

(196 reviews)

Beginner level

Recommended experience

6 hours (approximately)
Flexible schedule
Learn at your own pace

What you'll learn

  • Understand the fundamentals of operational risk management from the different roles in risk governance to the application of risk frameworks

  • Report and investigate operational risk events, produce KRI data and trend analysis, and implement operational risk appetite frameworks

  • Build and implement an operational risk assessment program

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

10 quizzes

Course

Gain insight into a topic and learn the fundamentals

4.6

(196 reviews)

Beginner level

Recommended experience

6 hours (approximately)
Flexible schedule
Learn at your own pace

See how employees at top companies are mastering in-demand skills

Placeholder

Build your subject-matter expertise

This course is part of the Risk Management Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate
Placeholder
Placeholder

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV

Share it on social media and in your performance review

Placeholder

There are 6 modules in this course

In the final course from the Risk Management specialization, you will be introduced to the different roles in risk governance and the benefits of establishing an operational risk management program at your own workplace. This course will highlight key elements of an Op Risk Management framework and help you identify the appropriate elements to incorporate in your own program. By the end of the course, you will be able to capture, report, and investigate operational risk events, produce meaningful key risk indicator (KRI) data and trend analysis, assess organizational risk appetite, and design an Operational Risk Control and Self-Assessment program. To be successful in this course, you should have a basic knowledge of statistics and probability and familiarity with business operations. Experience with MS Excel and Python recommended.

What's included

2 videos4 readings1 discussion prompt1 plugin

We’ll begin by looking at the operational risk management setup.

What's included

2 videos2 quizzes1 discussion prompt

In this module we will look at the tools that operational risk managers use to flag and identify risks.

What's included

3 videos3 quizzes1 discussion prompt

In Module 3, we’ll look at how you collect operational risk data to measure and analyze risk. We’ll also look at how you calculate regulatory risk capital requirements for unexpected losses and how to create scenario analyses.

What's included

3 videos3 quizzes1 discussion prompt

Module four will cover the management and governance framework of operational risk.

What's included

3 videos2 quizzes1 discussion prompt

What's included

1 reading1 plugin

Instructor

Instructor ratings
4.6 (59 ratings)
Jack Farmer
New York Institute of Finance
13 Courses116,229 learners

Offered by

Recommended if you're interested in Finance

Why people choose Coursera for their career

Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Learner reviews

Showing 3 of 196

4.6

196 reviews

  • 5 stars

    70.40%

  • 4 stars

    21.42%

  • 3 stars

    4.08%

  • 2 stars

    3.57%

  • 1 star

    0.51%

HD
5

Reviewed on Nov 19, 2022

H
5

Reviewed on Dec 19, 2022

SM
5

Reviewed on Oct 11, 2023

New to Finance? Start here.

Placeholder

Open new doors with Coursera Plus

Unlimited access to 7,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription

Advance your career with an online degree

Earn a degree from world-class universities - 100% online

Join over 3,400 global companies that choose Coursera for Business

Upskill your employees to excel in the digital economy

Frequently asked questions