Elements of an Operational Risk Management Program


Highlights the benefits of a strong operational risk program and identifies the key components banks should include, regardless of size or location. Provides an introduction to key definitions, types of risks, key risk indicators, monitoring and controlling risks, and identifying emerging trends.


  • Explain the importance of an operational risk management program
  • Describe the categories of risks faced by banks
  • Identify the key components of an operational risk management framework
  • Describe in general the processes used by banks at each of these lifecycle stages:
    • Risk Identification
    • Risk Assessment
    • Risk Reporting
    • Risk Monitoring

Audience:  Risk and internal audit professionals; third-party service providers and state/federal examiners; first-line risk and operations managers with responsibilities for operational risk management, including implementing, managing, monitoring, reporting, auditing and/or supporting an effective operational risk management program, policies and procedures.

Related Training: ABA Certificate in Operational Risk Management

ABA Certifications: 1.00 CAFP, CRCM, CSOP

Your Instructor: Ryan Rasske, Senior Vice President of Risk and Compliance, American Bankers Association

Prior to joining the ABA, Ryan was employed with the U.S. Secret Service before starting his banking career at E*TRADE Bank. From there he assumed various senior leadership roles within risk management and worked closely with different financial institutions to enhance their risk governance frameworks.

The New York Bankers Association is a Local ABA Training Provider.

NYBA Professional Development at (212) 297-1679 or education@nyba.com.
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Non-Member $375

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