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Operational Risk Management (ORM) and Financial Crises
Master the complexities of operational risk management and financial crisis response with our in-depth course.
This Course Includes
udemy
4 (47 reviews )
14h 6m 
english
Online - Self Paced
professional certificate
Udemy
About Operational Risk Management (ORM) and Financial Crises
Introduction
Operational risk management is a critical aspect of financial institutions and businesses worldwide. Understanding and mitigating these risks can protect organizations from significant financial losses and ensure sustainable operations. This course, "Operational Risk Management (ORM) and Financial Crises," covers essential topics to equip students with the knowledge and skills needed to manage operational risks effectively and navigate financial crises.
Section 1: Operational Risk Management
This section introduces students to the foundational concepts of operational risk management. Students will learn about the processes and frameworks involved, including Risk Control Self-Assessment (RCSA) and scenario analysis. The section also explores various approaches such as the Basic Indicator Approach, Standardized Approach, and Advanced Management Approach. Understanding the types of operational risk losses and engaging in self-evaluation testing will help students develop a comprehensive risk management strategy.
Section 2: Global Economic Crisis - Liquidity Management
Students will delve into historical and contemporary economic crises, starting with the Great Depression of 1929 and the Financial Crisis of 2008. This section covers the causes, effects, and responses to these crises, emphasizing liquidity management. Key topics include securitization processes, credit default swaps, and the rescue measures undertaken during financial crises. Students will also learn about liquidity risk assessment, management principles, stress testing frameworks, and important ratios like the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR).
Section 3: Corporate Governance
In this section, students will explore the principles and practices of corporate governance. The curriculum covers the fundamentals, various types of governance systems, and specific regulations such as the Sarbanes-Oxley Act (SOX) and the Dodd-Frank Act. Students will examine notable corporate governance failures and the principles set by the Basel Committee on Banking Supervision (BCBS). The influence of governance codes like the UK Corporate Governance Code is also discussed, providing a comprehensive understanding of how effective governance can prevent financial mismanagement and enhance organizational integrity.
Section 4: Fund Raising | IPOs and FPOs
This section is dedicated to fund raising through Initial Public Offerings (IPOs) and Follow-on Public Offerings (FPOs). Students will learn about the valuation techniques, assumptions, and financial statements involved in IPOs and FPOs. Topics such as profit and loss, depreciation, amortization, interest on loans, and working capital are covered in detail. The section also addresses the Discounted Cash Flow (DCF) valuation method, EBITDA, and PE valuation methods, as well as venture capital approaches. Understanding these concepts is crucial for evaluating the financial viability of raising capital through public offerings.
Section 5: Dodd-Frank Act Tutorials
This section provides an in-depth analysis of the Dodd-Frank Act, a significant piece of financial legislation. Students will study the Volcker Rule, types of swaps, derivatives regulation, and the securitization process. The curriculum covers Title VII requirements, credit rating agencies, capital and leverage, and bailout measures. The impact of the Dodd-Frank Act on private equity (PE) and hedge funds, executive compensation, and overall corporate governance is also discussed, providing a thorough understanding of this critical regulatory framework.
Section 6: Inter-Company Transaction Tutorials
In the final section, students will learn about inter-company transactions, including various types and examples such as downstream and upstream sales of goods, sales with associates, joint ventures, and depreciable asset sales. The section addresses the challenges and complexities these transactions present to organizations. By understanding these transactions, students will be better equipped to handle internal financial operations and maintain accurate financial records.
Conclusion
"Operational Risk Management (ORM) and Financial Crises" provides a comprehensive education on managing operational risks, understanding financial crises, and adhering to corporate governance and regulatory frameworks. By the end of the course, students will have developed the skills necessary to effectively manage financial risks and contribute to the stability and success of their organizations.
Enroll today to gain expertise in operational risk management and financial crisis response, and advance your career in finance and risk management.
What You Will Learn?
- Fundamentals of Operational Risk Management: Understanding the core principles and concepts of operational risk management. .
- Familiarity with key frameworks and processes such as Risk Control Self-Assessment (RCSA) and scenario analysis. .
- Approaches to Risk Management: Detailed exploration of the Basic Indicator Approach, Standardized Approach, and Advanced Management Approach. .
- Learning the methods to apply these approaches in practical scenarios. .
- Types of Operational Risk Losses: Identifying and categorizing different types of operational risk losses. Strategies to mitigate and manage these losses .
- Self-Evaluation and Testing: Conducting self-evaluation tests to assess operational risk management proficiency. Continuous improvement through feedback .
- Understanding Historical Financial Crises: In-depth analysis of the Great Depression of 1929 and the Financial Crisis of 2008. Learning the causes, effects. .
- Liquidity Management: Principles and practices of liquidity management during economic crises. Techniques for liquidity risk assessment, stress testing. .
- Corporate Governance: Fundamentals and types of corporate governance systems. .
- Examination of regulatory frameworks like SOX, Dodd-Frank Act, and the UK Corporate Governance Code. .
- Fund Raising through IPOs and FPOs: Understanding the processes and valuation techniques for IPOs and FPOs. .
- Financial statement analysis, including profit and loss, cash flow, and balance sheet statements. .
- Regulatory Frameworks and Compliance: Comprehensive overview of the Dodd-Frank Act and its implications. Learning about swaps, derivatives regulation. .
- Inter-Company Transactions: Identifying and managing different types of inter-company transactions. Understanding the challenges and complexities involved. Show moreShow less.