Designed and delivered by leading experts in the field in partnership with PECB, the purpose of the ORM Certification is to provide the required knowledge that Operational Risk Managers need to enter, manage and lead the operational risk discipline in financial services.
This programme covers various published sources, market standards, general market practices, and findings from recent research. The intention is to collate as much relevant knowledge for professional development as possible in one programme. This will provide a comprehensive view of ORM standards and theory, and the best market practices for professionals in the field.
The qualified trainers, course content and related exams help professionals acquire and demonstrate the skills and ability to execute their function effectively and gain professional recognition in the field.
Upon completing the training course, you can take the relevant exam and apply to be a ‘PECB Certified Operational Risk Manager’. Candidates can select the coverage and examination required to obtain the certification at:
Operational Risk Manager (3-day course)
Operational Risk Lead Manager levels (5-day course)
Understand the regulatory requirements and best practices of operational risk management in the financial services
Learn how to establish and operate an operational risk management framework in the context of a financial organization
Understand the approaches, methods, and tools to identify, assess, mitigate, and monitor operational risk in the financial services industry
Understand core components of the course curriculum, including: ORM framework, regulatory context, risk appetite, risk assessment, incident data collection, key risk indicators, risk culture, scenario analysis, capital assessment, and reputation risk.
Who should attend?
The certification course is intended for stakeholders from a variety of audiences, including:
Chief risk officers
Heads of operational risk
Risk directors, risk managers, risk officers and risk analysts
Business line managers in charge of managing their risks
Senior managers and managers who seek guidance on operational risk management
Students and professionals interested in advancing their careers in operational risk management
The training course is based on theory and best practices in operational risk management and assessment in the financial services.
Lecture sessions are illustrated with practical examples.
The participants are encouraged to communicate and engage in discussions and exercises.
The exercises are similar in structure with the certification exam questions.
Body of Knowledge
The body of knowledge has been developed by a team chosen for their expertise and their contribution in the field of operational risk.
This document covers the core information that underpins the ORM Certification. Its purpose is to define the theoretical and professional knowledge that candidates must demonstrate to receive the ORM Certification. The content is organized in such a way that candidates can select the coverage and examination required to obtain the certification at ORM Foundation, Operational Risk Manager and Operational Risk Lead Manager levels.
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