Euroasia Training Euroasia Training
AR

Risk and Compliance Management

Operational Risk Management in Large-Scale Enterprises

12 units

Please select a city/session before registration.

About this program

Large-scale enterprises encounter distinct operational risks stemming from their size, complexity, and international reach. These risks range from inefficiencies in processes and system breakdowns to violations of compliance and damage to reputation, all of which can profoundly affect operational performance and long-term viability. Implementing proactive risk management enables these organizations to remain resilient, protect their assets, and maintain stakeholder confidence.
This training program delves into operational risk frameworks, enterprise risk governance, internal control mechanisms, compliance management, digital risk monitoring, business continuity planning, and internationally recognized best practices. Attendees will acquire practical expertise to develop and oversee operational risk strategies consistent with corporate governance and regulatory requirements.
Offered by EuroQuest International Training, the course integrates case analyses, simulation exercises, and interactive workshops to deliver both strategic perspectives and actionable methodologies for managing operational risk within large enterprises.

Key outcomes

  • Explain the concept of operational risk management in the context of large enterprises
  • Recognize and classify principal operational risks
  • Develop internal control frameworks aimed at risk mitigation
  • Implement governance and compliance standards effectively
  • Incorporate operational risk management into enterprise risk management (ERM) systems
  • Enhance organizational resilience through comprehensive business continuity planning
  • Compare and benchmark practices against global leaders in operational risk
  • Utilize artificial intelligence and digital technologies for continuous risk monitoring
  • Report operational risk findings to executive leadership and board members
  • Cultivate a culture of accountability and ethical conduct across the organization
  • Handle crises using structured operational risk management approaches
  • Formulate enterprise-wide, long-term risk management strategies

Who should attend

  • Professionals in risk management and compliance within large organizations
  • Governance officers and internal audit personnel
  • Senior executives responsible for operational oversight
  • Managers in finance, treasury, and supply chain functions
  • Consultants specializing in enterprise risk and organizational resilience

Course outline

1

Unit 1: Overview of Operational Risk in Major Organizations

  • Defining operational risk within large-scale entities
  • Primary factors influencing operational risk in complex organizations
  • Analysis of international risk failure cases
  • Interactive session on enhancing risk awareness
2

Unit 2: Operational Risk Frameworks and Regulatory Standards

  • Examining COSO and Basel II/III methodologies for operational risk
  • Developing frameworks tailored to major enterprises
  • Integrating frameworks with corporate governance structures
  • Collaborative exercise on framework development
3

Unit 3: Identifying and Classifying Risks

  • Techniques for detecting operational risks
  • Risk categories: processes, personnel, systems, external factors
  • Ranking risks based on severity and probability
  • Hands-on exercise in risk mapping
4

Unit 4: Internal Control Systems and Supervision

  • Creating robust internal control mechanisms
  • Implementing segregation of duties and access restrictions
  • Supervisory methods for extensive enterprises
  • Practical workshop on control system design
5

Unit 5: Integration of Governance and Compliance

  • Roles of boards and senior management in overseeing operational risk
  • Aligning compliance efforts with risk management frameworks
  • Establishing accountability in large organizations
  • Case study focused on governance-led risk management
6

Unit 6: Approaches to Risk Mitigation

  • Preventive, detective, and corrective control techniques
  • Formulating enterprise-wide risk reduction plans
  • Mechanisms for transferring risk within large organizations
  • Simulation exercise on planning risk mitigation
7

Unit 7: Business Continuity and Organizational Resilience

  • Connecting operational risk management to continuity planning
  • Conducting Business Impact Analysis (BIA)
  • Developing crisis response and recovery strategies
  • Group activity on building resilient frameworks
8

Unit 8: Technology Solutions for Operational Risk Management

  • Utilizing risk dashboards and monitoring tools
  • Applying AI and automation for immediate risk identification
  • Cybersecurity aspects related to operational risk
  • Practical workshop on digital risk management tools
9

Unit 9: Incorporating ESG and Sustainability in Operational Risk

  • Embedding ESG risks into operational risk frameworks
  • Assessing environmental and social risk factors
  • Case study on resilience driven by ESG principles
  • Facilitated group discussion on sustainable practices
10

Unit 10: Operational Risk Monitoring and Reporting

  • Instruments for ongoing risk monitoring and reporting
  • Effectively communicating risk outcomes to stakeholders
  • Reporting protocols for boards and regulatory bodies
  • Workshop focusing on reporting methodologies
11

Unit 11: International Best Practices in Operational Risk

  • Comparing risk management approaches from global corporations
  • Insights from leading operational risk practitioners
  • Customizing international standards for enterprise application
  • Group discussion on worldwide operational risk strategies
12

Unit 12: Final Operational Risk Project

  • Collaborative project on formulating operational risk strategies
  • Creating frameworks and controls for major organizations
  • Simulating crisis management and continuity planning
  • Presenting developed strategies to executive leadership