Operational Risk Management

Training on
Operational Risk Management
 Date: 07-08 December 2013                                  Venue: BONITA City Hotel
 Time: 8:00am-17:00pm                                        Language: Khmer/English

Every organization manages its risk in some way, but not always in a way that is visible, repeatable or consistent, to support effective decision-making. The task of risk management is to ensure that an organization makes cost-effective use of a risk management process that includes a series of well-defined steps. The aim is to improve internal control and support better decision-making through a good understanding of individual risks and the overall risk exposure that exists at a particular time. Some risk-taking is inevitable if an organization is to achieve its objectives. Those organizations that are more risk aware appreciate that actively managing not only potential problems (threats) but also potential opportunities provides them with a competitive advantage. Taking and managing risk is the very essence of business survival and growth.

Effective risk management is likely to improve performance against objectives by contributing to fewer sudden shocks and unwelcome surprises, more efficient use of resources, reduced waste, reduced fraud, better service delivery, reduction in management time spent fire-fighting, better management of contingent and maintenance activities, lower cost of capital, improved innovation, increased likelihood of change initiatives being achieved, more focus internally on doing the right things properly, more focus externally to shape effective strategies and so on.

Many of these benefits are applicable to both the private and public sectors. Whereas the private sector focuses mainly on shareholder returns and the preservation of shareholder value, the public sector’s role is to perform cost-effectively, in accordance with government legislation and policies.

Course Objective
  • To appreciate the perspective of risk and risk management in financial institution operations;
  • To identify the key risk typology and its element for financial institution
  • To identify the tool to mitigate operation risks
  • To demonstrate how the internal and external audits involve in Risk Management.

Course Content
1. Overview of Risk Management in financial service
  • What is Risk?
  • Risk Management Objectives?
  • Risk Management Process?
  • Who responsible for Risk Management?
2. Risk Typology and its elements
  • Operational Risk
  • Credit Risk
  • Financial Risk
  • Strategic Risk
3. Operational Risk Management
  • Type of Operational Risk
  • How to Manage them
  • Operational Risk Management Approach to Internal Control
  • Reporting line of Risk Management
4. Experiences in Managing other keys risk in Banking and Microfinance
  • Credit Risk
  • Liquidity Risk
  • Legal Risk
  • Reputation Risk.
5. Internal Audit and External Audit in Risk Management

Training Methodology
Pre- and Post, training evaluation, Presentation, Group/panel discussion, Role Play, Activities, Case Studies, Question and Answer.

Trainer’s Credentials
Phat Reatana has been working with Amret Microfinance Institution since 1997, start as Internal Auditor. After two years, he was prompted as Head of Audit to set up the audit function in organization. In year 2009 with new challenges of financial industry related to many kinds of risk, Reatana is appointed as Head of Risk Management and Compliance to responsible for set-up the risk management function in institution.

Besides above mention function, Reatana has  been spending his value time in the weekend  to share experiences with BBA and MBA class’s student in University as lecturer on the course of Auditing, Risk Management, and Banking Management. Moreover, Reatana also contribute with CMA by sharing his knowledge and experiences to some staff from financial institutions on Internal Audit Skill, Internal Control System, Fraud Management, and Risk Management System course for Financial Institution. Reatana  is  graduated  Bachelor  of  Business  Administration  in  Accounting  and  Master  of  Business Administration in Finance from Charles Sturt University, Australia.

Who should attend the course?
This training course is designed for Risk Management Staffs, Internal Auditor, Manager of Finance, Credit Department, Operations, Branch /Provincial Manager in the Financial Institution and related organization.

What will be included with the training course?
  • Group photo of participants
  • Training materials
  • Certificates are awarded by LIFE
  • Including two lunches and four refreshment
Training Fee: US$ 150 per person
Deadline Registration: 06 December 2013

If you register before deadline:
  • Get 5%- discount for sending 1- 2 staff
  • Get 10%- discount for sending 3-5 staff
  • Get 1 Free for sending more than 5 staff

More information
Tel:              023 6789 495, 093 777776
Add:            #45E, St 488, Sangkat Phsar Derm Thkov, Khan Chamkamorn
Email:          lifesuccess.asia@gmail.com / thomasphat168@gmail.com
Website:      www.lifesuccess.asia
Please mention "www.Cambodiajobs.Biz" where you saw the ad when you register or apply!



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Cambodia Jobs: Operational Risk Management
Operational Risk Management
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