This Operational Risk and Resilience course provides a comprehensive view of operational risk management practices and regulatory frameworks for financial institutions, following FRM Part 2 Book 3. The course begins with an introduction to operational risk and resilience, explaining key concepts, risk types, and the importance of robust risk management in financial organizations.

Learners will study risk governance, including frameworks for oversight, risk culture, and aligning risk management with strategic objectives. The course covers implementing robust risk appetite frameworks to strengthen institutions, as well as information risk and data quality management for accurate decision-making.

Key quantitative and qualitative topics include validating rating models, risk capital attribution, and risk-adjusted performance measurement. Stress testing is also covered, demonstrating methods to evaluate institutional resilience under adverse scenarios.

The course delves into regulatory aspects, including OTC derivatives market regulation, capital regulation before the global financial crisis, and Basel III reforms, with insights into post-crisis adjustments and operational resilience requirements. Special attention is given to international and UK-specific practices.

This course is ideal for FRM Part 2 candidates, risk managers, compliance professionals, and financial analysts seeking advanced knowledge in operational risk and regulatory resilience frameworks.