Enterprise and Operational Risk Management

This course is part of Operational Risk and Financial Resilience Specialization

Instructor: EDUCBA

Included with

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8 modules

Gain insight into a topic and learn the fundamentals.

1 week to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

8 modules

Gain insight into a topic and learn the fundamentals.

1 week to complete

at 10 hours a week

Flexible schedule

Learn at your own pace

What you'll learn

Apply ERM and operational risk frameworks to identify, assess, and manage enterprise risks.
Analyze operational loss data using LDA, EVT, SMA, and economic capital models.
Evaluate risk governance, RAROC, and capital planning practices in financial institutions.

Details to know

Shareable certificate

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See how employees at top companies are mastering in-demand skills

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Build your subject-matter expertise

This course is part of the Operational Risk and Financial Resilience Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

Learn new concepts from industry experts
Gain a foundational understanding of a subject or tool
Develop job-relevant skills with hands-on projects
Earn a shareable career certificate

There are 8 modules in this course

Master operational risk, ERM, and capital modeling for FRM Part II success.

Build real-world risk management skills used by top financial institutions. This course provides a comprehensive and practical understanding of Operational and Integrated Risk Management, aligned with the FRM Part II curriculum. You will learn how to design and implement enterprise risk frameworks, analyze operational loss data, and apply advanced modeling techniques such as LDA, EVT, and SMA. Through structured modules, you will explore risk governance, data quality, model risk, and economic capital frameworks, along with real-world case studies like major banking frauds. The course also covers risk-adjusted performance measurement (RAROC) and capital planning practices used by large banks. By the end of this course, you will be able to analyze, evaluate, and apply risk management frameworks in real-world scenarios, enhancing both your exam readiness and professional expertise.

Develop a strong foundation in operational risk principles, governance structures, and control environments to support effective risk management practices.

What's included

8 videos1 assignment

8 videosTotal 64 minutes

Introduction to Principles of Sound Operational Risk Management5 minutes
Fundamental Principles4 minutes
Role of the Board and Senior Management8 minutes
Features of an Effective Control Environment11 minutes
Managing Technology Risk9 minutes
Introduction Enterprise Risk Management8 minutes
Development and implementation of an ERM system8 minutes
Role of and Issues with Correlation in Risk Aggregation12 minutes

1 assignmentTotal 30 minutes

Graded - Foundations of Operational Risk Governance30 minutes

Learn how to design and implement ERM frameworks, define risk appetite, and ensure high-quality risk data aggregation and governance.

What's included

8 videos1 assignment

8 videosTotal 73 minutes

Enterprise Risk Management Practice qs4 minutes
Introduction to Risk Appetite Framework12 minutes
Effective RAF Metrics10 minutes
Data Aggregation Best Practices10 minutes
Introduction to Risk and Data Quality Management9 minutes
Key Dimensions of Acceptable Data Quality9 minutes
Operational Data Governance Process10 minutes
Introduction to OpRisk Data and Governance9 minutes

1 assignmentTotal 30 minutes

Graded - Incorrect. Risk processes can be complex.30 minutes

Analyze operational risk data, event classification, and measurement tools such as RCSA, KRIs, and scenario analysis.

What's included

8 videos1 assignment

8 videosTotal 62 minutes

Event Risk Categories10 minutes
Process of Collecting and Reporting Internal OLD8 minutes
RCSA and KRI11 minutes
Scenario Analysis6 minutes
Operational Risk Profiles7 minutes
Organizational Structure for Risk Governance5 minutes
OpRisk Data and Governance Practice QS3 minutes
Introduction to External Loss Data12 minutes

1 assignmentTotal 30 minutes

Graded - Operational Risk Data & Measurement30 minutes

Evaluate internal and external loss data, understand case studies, and apply foundational capital modeling approaches.

What's included

9 videos1 assignment

9 videosTotal 62 minutes

Size and Frequency of Losses by Risk Category7 minutes
Society General Fraud8 minutes
External Loss Data - Practice QS2 minutes
Introduction to Capital Modelling8 minutes
Operational Risk Capital Requirement7 minutes
Alternative Standardized Approach7 minutes
Loss Distribution Approach8 minutes
Scenario Analysis6 minutes
Parametric Approaches of Extreme Values8 minutes

1 assignmentTotal 30 minutes

Graded - External Loss Data & Case Analysis30 minutes

Apply advanced modeling techniques including EVT, SMA, and model validation frameworks for operational risk.

What's included

9 videos1 assignment

9 videosTotal 72 minutes

Peaks Over Threshold (POT) Approach8 minutes
Compare and Contrast Generalized Extreme Value7 minutes
Introduction to Standardized Measurement Approach for Ops Risk12 minutes
Internal Loss Multiplier Calculation6 minutes
SMA to Earlier Method of CORC11 minutes
Standardized Measurement Approach for Ops Risk Practice QS3 minutes
Introduction to Validating Ratings Model7 minutes
Best Practices and Control Processes6 minutes
Factor for Validation11 minutes

1 assignmentTotal 30 minutes

Graded - Advanced Risk Modelling Approaches30 minutes

Assess model risk, data challenges, and implement economic capital frameworks aligned with regulatory expectations.

What's included

8 videos1 assignment

8 videosTotal 68 minutes

Challenges to Data Quality11 minutes
Introduction to Model Risk8 minutes
Mitigating Model Risk8 minutes
Introduction to Range Of Practice And Issues In Economic Capital Framework10 minutes
Economic capital Implementation Framework10 minutes
Evaluating Counterparty Credit Risk9 minutes
BIS recommendations for supervisors8 minutes
Economic Capital Framework Practice QS5 minutes

1 assignmentTotal 30 minutes

Graded - Model Risk & Economic Capital30 minutes

Analyze RAROC, capital attribution, and performance measurement techniques for risk-based decision-making.

What's included

9 videos1 assignment

9 videosTotal 74 minutes

Introduction to Risk Capital Attribution and Risk Adjusted Performance Measurement9 minutes
Interpret the RAROC for a Project7 minutes
Loan Portfolio10 minutes
RAROC for Performance Measurement7 minutes
Hurdle Rate5 minutes
Adjusted RAROC Challenges in Modeling10 minutes
Risk Adjusted Performance Measurement Practice QS12 minutes
Case Studies6 minutes
Model Risk Practice QS8 minutes

1 assignmentTotal 30 minutes

Graded - Risk-Adjusted Performance & Case Insights30 minutes

Understand repo markets, counterparty risk, and capital planning frameworks used by large financial institutions.

What's included

10 videos1 assignment

10 videosTotal 64 minutes

Introduction to Repurchase Agreements and Financing5 minutes
Common Motivations for Entering Into Repos7 minutes
Counterparty Risk8 minutes
Use of General and Special Collateral in Repo Transactions Special Spreads8 minutes
Repurchase Agreements and Financing Practice QS3 minutes
Introduction Capital Planning at Large Banks7 minutes
Effective Capital Adequacy Process7 minutes
Practices that Can Result in a Strong7 minutes
Effective Capital Adequacy Process End9 minutes
Capital Planning at Large Banks Practice QS4 minutes

1 assignmentTotal 30 minutes

Graded - Repo Markets & Capital Planning30 minutes

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Instructor

EDUCBA

1,533 Courses318,998 learners

Offered by

EDUCBA

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Enterprise and Operational Risk Management

Enterprise and Operational Risk Management

What you'll learn

Details to know

See how employees at top companies are mastering in-demand skills

Build your subject-matter expertise

There are 8 modules in this course

Foundations of Operational Risk Governance

What's included

Enterprise Risk Framework & Risk Appetite

What's included

Operational Risk Data & Measurement

What's included

External Loss Data & Case Analysis

What's included

Advanced Risk Modelling Approaches

What's included

Model Risk & Economic Capital

What's included

Risk-Adjusted Performance & Case Insights

What's included

Repo Markets & Capital Planning

What's included

Earn a career certificate

Instructor

Offered by

Explore more from Leadership and Management

Operational Risk and Resilience for Banking

Operational and Liquidity Risk Management

Operational Risk Management | US and UK Markets

Operational Risk Management: Frameworks & Strategies

Why people choose Coursera for their career

Felipe M.

Jennifer J.

Larry W.

Chaitanya A.

Unlock access to 10,000+ courses with a subscription

Advance your career with an online degree

Join over 4,700 global companies that choose Coursera for Business

Frequently asked questions

When will I have access to the lectures and assignments?

What will I get if I subscribe to this Specialization?

Is financial aid available?

More questions