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: Risk Appetite
Status: Risk Modeling
BeginnerCourse6 hours

Featured reviews

AD

Reviewed Jul 12, 2025

The course is good for a basic understanding of operational risk and what is the flow of all the process,

SM

Reviewed Oct 11, 2023

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

SS

Reviewed 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.

SM

Reviewed Nov 27, 2022

Excellent course to broaden one's knowledge in Risk Management

HD

Reviewed Nov 19, 2022

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

G

Reviewed 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

H

Reviewed Dec 19, 2022

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

KC

Reviewed Sep 4, 2022

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

IE

Reviewed Sep 20, 2025

Exceptional course and I recommend to everyone looking to learn more about risk.

LM

Reviewed 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!

SA

Reviewed Apr 7, 2025

Very sophisticated material of learning with an excellent instructor

RM

Reviewed Nov 5, 2024

Overall good course to set understanding on basics of ORM

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