Managing Operational Risk in Financial Institutions Exam

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CISI – Managing Operational Risk in Financial Institutions Quiz 05 is covered:-
Operational risk planning On completion, the candidate should be able to: evaluate plans for potential risk events that impact the business:
The application of the Risk Management Process
Relationship between governance, policy, process, framework and risk culture
analyse how relationship between governance infrastructure, operational risk policy, risk management process and the operational risk framework influences the firm’s risk culture
Embedding a risk framework in an organisation On completion, the candidate should be able to: critically analyse the stages employed in embedding a risk framework within an organisation
Practical constraints of operational risk framework implementation On completion, the candidate should: understand the practical constraints of implementing an operational risk management framework
Techniques employed in identifying operational risk On completion, the candidate should be able to: critically analyse and apply the techniques employed in identifying operational risk

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