Operational Risk Management in Financial Institutions

What is an Operational Risk Management (ORM) in Financial Institutions Certification?

An ORM in Financial Institutions certification demonstrates that operational risk managers have acquired the necessary competencies to exercise their function effectively. There are three levels of certification: Foundation, Manager, and Lead Manager. The content of these training courses cover various published sources, field standards, general market practices, as well as findings from recent research. Each level of certification provides a comprehensive view of ORM standards and theory and elaborates the best practices of the field. 

Why is an ORM in Financial Institutions Training Course Essential for You?

The ORM in Financial Institutions training courses provide the knowledge and skills that professionals need to enter, manage, and lead the operational risk discipline in financial services. These include learning how to establish an operational risk management framework and how to utilize the methods and tools to identify, assess, mitigate, and monitor operational risk.

The qualified trainers, the content of the training courses, and the respective exams will help you acquire and demonstrate the knowledge and skills to exercise your role and function effectively and gain professional recognition in the market. By obtaining a PECB Certified ORM in Financial Institutions credential, you will be able to improve the reliability of business operations and avoid losses that may come from poor risk management. 

Benefits of ORM in Financial Institutions Certification 

An ORM in Financial Institutions certification will demonstrate that you:

• Understand the regulatory requirements and best practices of operational risk management in the financial services
• Learn how to establish and operate an operational risk management framework in the context of a financial organization
• Understand the approaches, methods and tools to identify, assess, mitigate, and monitor operational risk in the financial services industry.

Moreover, since this is a “Certification,” you will enjoy some benefits that a “Certificate” does not provide. Such benefits include:

• Standardized credentials
• Evidence of skill and experience
• Process
• Regular maintenance
• Legal determination of employment eligibility
• Worldwide recognition

How Do I Get Started with an ORM in Financial Institutions Training? 

The objective of the PECB ORM in Financial Institutions trainings is to provide you with the necessary knowledge and skills of the ORM. Our experienced field experts will teach you everything you need to know to improve the operational risk management framework in your organization.

Contact us to begin with the first step

The Available PECB Certified ORM in Financial Institutions Training Courses

Expand your knowledge and improve your skills regarding operational risk management in the financial sector by attending a PECB ORM in Financial Institution training course. Check out the options below to find the training that best suits you and your career.

1. ORM Foundation (two days)
   This training course is available for everyone and introduces the foundations of operational risk management in financial institutions. The topics elaborated in this training course include: “Regulation & Governance,” “Framework and Policies,” “Risk Appetite,” “Incident Data Collection,” and “RCSA.” 
2. ORM Manager (three days)
   This course is available for participants who have at least two years of experience, including a minimum one year of experience in operational risk management. In addition to the topics discussed in ORM Foundation, this training course also elaborates “Risk Culture” and “Key Risk Indicators.” 
3. ORM Lead Manager (five days)
   This course is available for participants who have at least five years of professional experience, including at least two years of experience in operational risk management. In addition to the topics covered in ORM Manager, this training course also elaborates “Operational Risk Disclosures Reputation,” “Scenario Analysis” and “Capital Modelling.”