The Institute of Risk Management Tanzania (IRMT) invites interested individuals for the operational risk management training for the management and technical staff as follows:

Venue: New Africa Hotel, Dar es Salaam
Dates: 29th to 31st October 2018
Award: Certificate of Achievement
Fees: TZS. 750, 000

Target Audience: Bank Operational Officers, Risk Managers, Risk Officers, Operational Risk Managers and Officers, Operation Managers and Officers Compliance Managers and Officers, Fraud Officers, Bank Branch Managers & IT Managers.

Course Coordinator: Given +255 717 491 450 or +255 715 068 599 or +255 713 237 733 or visit website: www.irmt.or.tz or you may send an email info@irmtz.or.tz or visit our offices on address detailed below.

Course Objective

The course acquaint participants with modern conceptual framework of operational risk that includes nature, uniqueness, and boundaries with other risk types in financial sector, operational risk industry drivers, and accompanied integrated risk management practical approach directed at making strategic choices on establishing mechanisms aimed at un- locking potential through compliance and quality control. The participants will be equipped with tools and techniques to mitigate the risk of loss resulting from inadequate internal processes, people and systems, or from external events.

Course content

• Conceptual Framework of Risk and Risk Management
• Risk management process
  • Overview
  • Identification,
  • Assessment/ measurement (Exposure, sensitivity, probabilities measures, scenario analysis, stress testing and risk model).
• Categories of operational risks in financial institutions
• Key aspects of Operational risk governance,
• External perspectives on operational risks,
• Industry drivers of operational risks (Complexity, innovation, technology, transactions velocity, and litigations).
• Technology & analytics as risk muscles,
• Basel I, II framework approaches
• Basel II & Impact of financial crisis & implication for developing countries
• Basel II and agenda for regulatory
• Basel III multiple approach, objectives, dynamics in global unique regulatory
• Advanced approaches to Operational Risk Management (Internal data, external data, scenario analysis, business environment, internal control factors).
• Integrated risk
• Management of non-financial
• Compliance optimization in financial institutions regulatory
• Strategic choices on un-locking potential through compliance and quality control.
• Driving value from post-operational risk
• Emerging best practices operational risk
• Operational Risk aware culture and Basic operational Risk Analytics
• Employee roles in managing operational risk
• Business Continuity Management

Course Information

1. The Fees includes the costs for the training venue, stationeries and refreshments during the training
2. The fees are payable directly to bank account: EMAC Institute of Risk Management Account No. 0150206213700 at CRDB Bank

Risk Management Certification Examination

IRMT announces commencement of Registration for December, 2018 professional examination session in June, 2018. The registration is divided into three levels; Certified Risk Management Professional (CRMP), Certified Financial Services Risk Specialist (CFSRS) and Certified Risk Management Technician (CRMT). The details for qualification and registration requirement are available on our website: www. irmt.or.tz or visit the IRMT offices: The Institute of Risk Management, Pamba House, 1st Floor, Old Dar Es Salaam Road, P.O.Box 6327, Morogoro or Dar es Salaam Office at Oysterbay, Dar Free Market, 1st Floor Office No.22 or you may call us at numbers +255 753 563 578, +255 23 77 33, +255 717 691 450, +255 683 265 218 or email info@irmt.or.tz