• Understand the origins of the Basel Accord and its place in modern risk management and capital adequacy.
  
• Learn how to comply at the minimum possible cost and how to use compliance as a competitive advantage.
  
• Demonstrate a practical understanding of the core concepts involved in Advanced Measurement Methods for allocation of capital to operational risk, their respective advantages and limitations.
  
• Define hands-on strategies and techniques for the definition, measurement, analysis, improvement, and control of operational risk within a banking organization.

Auditors, Credit Analysts, Risk Management Staff, Operational Managers, Corporate Bankers, Compliance Department Staff.

The participants will gain an understanding of:

• The objectives of the Basel II & III Accords and how to achieve them
  
• The concept of Economic capital, Expected and Unexpected Losses.
  
• The concept of RAROC/RORAC and its impact on pricing, business decisions and (active) credit portfolio management
  
• The Three Pillars approach and how the pillars interact
  
• The capital requirements for Credit, Market and Operational risk.
  
• Credit risk mitigation and how it impacts capital requirements and returns.
  
• The concept of ICAAP in Pillar II
  
• The practical implications of the new Accord in terms of pricing and profitability of business lines and individual transactions
  
• The three Operational risk measurement methods