The training teaches participants how to identify and mitigate operational risks in financial services and addresses the requirements outlined in the recent FINMA Circular 2023/1 “Operational risks and resilience – banks”.

The course highlights the importance of establishing clear roles and responsibilities on all levels of an organisation and explains why it’s crucial to implement an appropriate risk strategy to identify, assess, mitigate, and monitor risks.

​By completing the training, financial professionals gain an understanding of the operational risk exposure that they face when using internal systems, implementing processes and being subject to external occurrences. Participants also learn about the consequences these risks can have for financial institutions.