Operational Risk in the Modern World

'Creative, adaptable, thorough.'

A partner in London-Risk, delivering operational risk training and providing consultancy since 2006, our specialist has a strong, industry-led background. His work has spanned Europe in its entirety (including Russia), China and many African countries. In addition, he has consulted for most major UK financial institutions and the World Bank. As an Executive and Director of the Institute of Operational Risk, delegates are in highly competent hands.

While working as Senior Risk Manager for Citibank and subsequently Lloyds Bank, this trainer wrote and negotiated the Principles of Reciprocity, the rules for UK risk data-sharing. This now has over 500 participating companies and 1 billion records. Similarly, he founded the Insurance Fraud Bureau and both are models worldwide with their economic value promoted by the World Bank. With a partner he made unique contributions to refugee ID data collection and information, starting with Ukrainian refugees in Poland in 2022.

With a wealth of knowledge and a lengthy career, our operational risk workshop expert supports the Jesus College Cambridge Economic Crime Symposium and later this year he is running a think-tank on international risk data-sharing. He is a reviewer for the Royal United Services Institute Journal, The Journal of Financial Crime, and forthcoming for The Company Lawyer.

His training is founded on expert consultancy, research and publishing.

This operational risk training course is designed to equip participants with the tools and understanding needed to navigate an increasingly volatile risk environment. By attending, participants will:

• Develop a deeper understanding of the personalisation of risk, risk appetite, and legal and reputational risks.
• Explore extreme risks, including those arising from global crises and systemic challenges.
• Learn how to apply advanced concepts in risk measurement and reporting.
• Participate in interactive team-based simulations to solidify learning through practice.

Through a mix of case studies, group exercises, and real-world applications, delegates will leave with actionable strategies for managing modern operational risks.

Non-financial and fraud risk for banks is ever-changing meaning you need to ‘stay current’. Redcliffe’s operational risk training courses stand out due to its unique approach:

• Expert-Led Insight: Training delivered by a practitioner with decades of experience in operational risk across global markets.
• Relevance to Today’s Challenges: Explore how risks are evolving due to social changes, environmental crises, and geopolitical disruptions and learn how these developments affect financial institutions and their customers.
• Hands-On Learning: A highly interactive session featuring case studies, role-playing exercises, and real-world scenarios.
• Actionable Outcomes: Gain practical tools and frameworks to improve risk management within your organisation immediately.

With massive changes occurring in the risk environment, specialists need to be ahead of the curve in an increasingly unstable world.

This operational risk training at Redcliffe is ideal for:

• Finance company risk professionals who are required to remain current
• Risk and Operational Risk practitioners
• Fraud, Audit and Business Continuity and Compliance managers

If your role involves managing, mitigating, or reporting operational risks, this course provides the knowledge and skills you need to succeed.

This two-day operational risk management course at Redcliffe Training covers the evolving risk landscape in an unstable world.

Delve into social changes, world crises, and their impact on operational risk. Examine high-profile incidents, including lessons from the 2008 Financial Crash and recent global events. Participate in a team-based simulation exercise, where you’ll face real-world risk scenarios in accelerated time. But most importantly; learn from a leading industry expert with unparalleled experience in operational risk management.

By the end of the course, delegates will leave with a robust understanding of operational risk management and actionable next steps to implement within their organisations.