Condensed Note of FRM Part 2: Operational Risk 2023

🎓 Condensed Note of FRM Part 2: Operational Risk 2023

🚀 Headline: A Quick Understanding and Review of All Important Concepts for FRM Part 2 Exam 🚀

Course Overview: Dive into the essentials of FRM Part 2 with our concise course, designed to help you grasp all the critical concepts of Operational Risk and Resiliency from the GARP book. Ideal for newbies or as a refresher for those who have already started their preparation. With our comprehensive study guide and extensive exam bank, you'll be equipped with the knowledge to ace the FRM Part 2 exam in no time! 📚✨

Why Choose This Course?

• Time-Saving: Quickly master the essential topics of FRM Part 2.
• Cost-Effective: Access a wealth of knowledge at a fraction of the cost.
• Exam Bank Included: Reinforce your learning with our extensive exam bank.
• Flexible Learning: Study at your own pace, anytime, and anywhere.
• Easy to Navigate: Our structured course outline simplifies your study plan.

Course Highlights: We're skipping the videos to ensure you spend more time practicing what you learn. However, if there's a high demand for video explanations on certain topics, we're open to creating them! Here's what you'll cover in this course:

🔹 Introduction to Operational Risk and Resiliency

• Understand the fundamentals of operational risk management.

🔹 Risk Governance

• Learn how governance structures support operational risk management.

🔹 Risk Identification

• Explore the methods for identifying risks in an organization.

🔹 Risk Measurement and Assessment

• Master the quantitative and qualitative techniques used to measure operational risks.

🔹 Risk Mitigation

• Discover strategies to effectively mitigate identified operational risks.

🔹 Risk Reporting

• Gain insights into how risk reports can communicate operational risks effectively.

🔹 Integrated Risk Management (IRM)

• Learn about IRM frameworks and their role in managing risks holistically.

🔹 Cyber-Resilience: Range of Practices

• Dive into cybersecurity and resilience practices.

🔹 Case Study: Cyberthreats and Information Security Risks

• Analyze real-world case studies on cyber threats and information security risks.

🔹 Sound Management of Risk Related to Money Laundering and Financing of Terrorism

• Understand the AML/CFT framework and its importance in risk management.

🔹 Case Study: Financial Crime and Fraud

• Examine case studies on financial crimes and fraud prevention.

🔹 Guidance on Managing Outsourcing Risk

• Learn how to manage risks associated with outsourcing activities.

🔹 Case Study: Third-Party Risk Management

• Explore the challenges of managing third-party relationships.

🔹 Case Study: Investor Protection and Compliance Risks in Investment Activities

• Study how to protect investors and comply with regulations.

🔹 Supervisory Guidance on Model Risk Management

• Learn the principles of effective model risk management.

🔹 Case Study: Model Risk and Model Validation

• Analyze case studies related to model risks and validation processes.

🔹 Stress Testing Banks

• Understand the purpose and process of stress testing for banks.

🔹 Risk Capital Attribution and Risk-Adjusted Performance Measurement

• Explore methods for attributing risk capital and measuring performance in a risk-adjusted framework.

🔹 Range of Practices and Issues in Economic Capital Frameworks

• Discuss the various approaches to implementing economic capital models.

🔹 Capital Planning at Large Bank Holding Companies: Supervisory Expectations and Range of Current Practice

• Learn about the expectations from large bank holding companies regarding capital planning.

🔹 Capital Regulation Before and After the Global Financial Crisis

• Examine the evolution of capital regulation in response to the financial crisis.

🔹 High-Level Summary of Basel III Reforms

• Gain a high-level overview of the key reforms under Basel III.

🔹 Basel III: Finalising Post-Crisis Reforms

• Dive into the final post-crisis Basel III reforms and their implications.

Get ready to conquer the FRM Part 2 exam with our comprehensive, practice-focused course! Let's embark on this learning journey together. 🎓🚀