Module 1: Introduction to Operational Risk:

This module introduces the concept of operational risk and provides a general overview of the key principles and practices of operational risk management.

Topics covered include:

• Definition and scope of operational risk
• Components of operational risk
• Types of operational risk
• Operational risk management framework
• Risk appetite and tolerance
• Risk identification and assessment
• Risk control and mitigation
• Risk monitoring and reporting

Module 2: Operational Risk Management Process: 

This module provides an in-depth look at the operational risk management process.

Topics covered include:

• The phases of the operational risk management process
• Risk identification techniques
• Risk assessment methods
• Risk control and mitigation strategies
• Risk monitoring and reporting procedures

Module 3: Operational Risk Analysis:

This module provides an overview of the techniques used in operational risk analysis.

Topics covered include:

• Qualitative and quantitative risk analysis
• Scenario analysis
• Stress testing
• Risk-based decision making

Module 4: Operational Risk Culture:

This module examines the importance of an effective operational risk culture.

Topics covered include:

The role of leadership in promoting an effective risk culture

Risk communication strategies

Risk awareness training

Risk management incentives Module

Module 5: Operational Risk and Regulation:

This module examines the role of regulation in operational risk management.

Topics covered include:

• Regulatory frameworks and standards
• Regulatory compliance
• Risk reporting requirements
• Regulatory enforcement

Module 6: Technology and Operational Risk:

This module examines the role of technology in operational risk management.

Topics covered include:

• Technology-based risk management systems
• Automation of risk management processes
• Cyber security and risk management
• Bigdata and analytics Module

Module  7: Operational Risk and Business Continuity:

This module examines the role of business continuity in operational risk management.

• Topics covered include:
• Business continuity planning
• Business impact analysis
• Disaster recovery planning
• Crisis management

Module 8: Operational Risk and Risk Governance:

This module examines the role of risk governance in operational risk management.

Topics covered include:

• Risk governance framework
• Risk appetite and tolerance
• Risk assessment and reporting
• Risk mitigation strategies

Module 9: Operational Risk and Third-Party Risk:

This module examines the role of third-party risk in operational risk management.

Topics covered include:

• Third-party risk assessment
• Third-party risk management
• Third-party due diligence
• Third-party risk monitoring

Module 10: Operational Risk and Resilience:

This module examines the role of resilience in operational risk management.

Topics covered include:

• Resilience planning
• Risk identification and assessment
• Risk control and mitigation
• Risk monitoring and reporting

Module 11: Operational Risk and Fraud:

This module examines the role of fraud in operational risk management.

Topics covered include:

• Fraud risk assessment
• Fraud detection and prevention
• Fraud investigation and reporting
• Fraud risk management

Module 12: Operational Risk and Risk Culture:

This module examines the role of risk culture in operational risk management.

• Students will have a comprehensive understanding of operational risk management,
• Students will be able to apply the knowledge and skills to effectively manage operational risk in organizations.

• The CORA course is ideal for professionals who are interested in furthering their knowledge and skills in the area of operational risk management.
• This includes professionals who are working in operational risk management, consulting, or related areas of risk management.
• The course is also suitable for those who are interested in becoming a Chartered Operational Risk Analyst (CORA).
• The target audience for the Chartered Operational Risk Analyst (CORA) course is professionals from a variety of backgrounds, including risk management, finance, accounting, auditing, law, and economics