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

Operational Risk Management: Frameworks & Strategies

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 Operational 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.

Status: Analysis
Status: Key Performance Indicators (KPIs)
BeginnerCourse6 hours

Featured reviews

LM

5.0Reviewed Sep 16, 2023

Course instructors are able to synthesize and explain information well, and the contents of the course in itself are useful to deepen my understanding of finance. Thank you!

KC

4.0Reviewed Sep 4, 2022

G​ood lectures however a glossary of terms and formulas would hav r been very helpful

CJ

5.0Reviewed Mar 11, 2025

PERFECT: THE COURSE REALLY DELVES INTO OP RISK MANAGEMENT

JB

5.0Reviewed Feb 20, 2024

Useful material that can be utilized in any Operational risk program. Tough quizzes that you have to take seriously due to some of the tricky questions.

RM

5.0Reviewed Nov 5, 2024

Overall good course to set understanding on basics of ORM

HD

5.0Reviewed Nov 19, 2022

Well planned and thoughtful. This would add value in my capacity and understanding as Ops Risk Manager in Financial Institution.

SA

4.0Reviewed Apr 7, 2025

Very sophisticated material of learning with an excellent instructor

H

5.0Reviewed Dec 19, 2022

The course is highly valued professionally. I would like more courses in Governance, Risk and Compliance

SM

5.0Reviewed Oct 11, 2023

This has been and is still so, so impactful and developing. Thank you for the opportunity and sponsorship for this course.

FF

5.0Reviewed Jan 7, 2023

Pretty good summary of operational risk management aspects. Not many classes exist for this topic, so very happy to have found this one!

SS

4.0Reviewed Sep 23, 2025

Very Good introductory Course on Operational Risk Management. Really learnt a lot; though need some time and practice to absorb everything in daily routine.

G

4.0Reviewed Aug 15, 2023

Content is good.Areas of Improvement- Examples can be added, quizzes can be made more challenging, 1-2 assignments could be added

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