Operational risk in banks is as old as Banking itself. The sweeping technology revolution and ever-increasing innovation in product and service offerings of Banks has also resulted in escalation of threat of operational risk losses manifold. The recent fraud events through misuse of Bank involving substantial loss to the Banking system has brought the inadequacies of the operational risk management in Banks to sharp focus. Banks have recognized the need to educate and sensitize the employees from time to time on the aspects of preventive vigilance, adhering to the laid down systems and procedures and adopting the industry best practices for better management of operational risks and minimizing the losses on account of frauds. This program is developed keeping in view the above objectives. The program is delivered through discussions and live examples drawn from Indian and global banking incidents..
Duration :2 days
Target Group:Risk Management Executives and Officers in charge of banking operations and also in all functional departments at corporate and field offices.
Objectives: The program aims at enabling the participants to understand :
For officers in Scale-I/II who have been posted recently or identified for posting as Branch Managers for the first time in their career.
For Branch Managers who have been on assignment for 12-18 months, showing good performance and potential for taking up higher responsibilities.
For Officers identified for handling credit function across the bank/offices.
For Officers identified for leadership positions in the Middle Management.
For Branch Managers, particularly those heading the branches rated “high risk”.
For newly posted officers in Scale-I/II handling foreign exchange and foreign trade transactions .
For Relationship Managers assigned to MSME clients, who are newly-recruited or who have been working in the role for less than a year.
For Officers or assistants joining the Bank at the entry level.