KRIs and proactive risk management
About the course
Key risk indicators act as a canary in a coal mine, alerting organisations of silent threats and providing time for preventative measures to be implemented. This course explores how organisations can design and embed effective key risk indicators that support risk appetite, promote ownership and accountability and shift governance frameworks from reaction to prevention.
Participants will identify meaningful indicators using techniques, such as the bow tie method, and explore strategies for measuring risk across operational resilience and third-party risk.
Explanation of key roles and responsibilities across the three lines will help participants to improve risk culture and take ownership of monitoring KRIs.
By the end of the course, participants will be able to confidently leverage KRIs to enhance risk awareness and support the achievement of business objectives.
Learning objectives
- Apply the risk and control lifecycle to identify measures of inherent risk, controls and residual risk
- Design KRIs that provide measurable and actionable insights
- Utilise techniques, such as the bow tie method, to identify and develop effective KRIs
- Distinguish between leading and lagging indicators and evaluate their effectiveness
- Define roles and responsibilities for the three lines model
- Integrate KRIs into the overall governance and risk management framework
- Foster a risk culture that promotes ownership and accountability
Who should attend
Relevant departments may include but are not limited to:
- Risk management
- Op risk
- Op risk modelling
- Enterprise risk
- Internal audit
- Compliance
- Governance
- Non-financial risk
- Operational resilience
- Third-party risk
- Business continuity
- Change management
- Risk reporting
Agenda
Tutors
Jimi Hinchliffe
NJ Risk and Regulatory Consulting
Former regulator and executive director MUFG
Jimi has over 25 years of experience in operational risk and regulation. Jimi has held several roles at the UK regulator, including as an operational risk policy SME (attending the EU Commission Working Group on Other Risks), Basel 2 technical specialist and manager of the Basel 2 implementation team, during which time Jimi attended Basel colleges in Canada, USA and Japan and worked with overseas regulators on AMA and IRB applications for their banks in the UK.
Jimi was also a UK FSA supervisor of GSIFI banks from Japan and America leading many inspection visits and examinations on a broad range of topics. Jimi then held senior positions within the GSIFI MUFG, including as head of EMEA regulatory affairs, as head of compliance policy, risk and regulatory affairs and as regional head of Middle East compliance. Between May 2017 to March 2021 Jimi was chairman of the Institute of Operational Risk (IOR) in England & Wales (having been a member since 2006 and a fellow since 2016, and for 2 years as a board member), and is an advisory board member at CeFPro. Since 2016 Jimi has been a consultant specialising in operational risk, resilience and regulatory advisory and training and in 2023 became a faculty member at Risk Learning.
Courses:
Operational resilience and business continuity
Andrew Sheen
AJ Sheen Consulting
Former regulator and director
Andrew is best known for the 8 years he spent at the UK regulator, firstly in the FSA and subsequently at the PRA. Andrew was manager of the Operational Risk Policy Team before moving to head the team responsible for providing Operational Risk subject matter expertise to supervisors. Andrew also represented the UK on the BIS Operational Risk Working Group and the EBA Operational Risk Working Group. After the PRA Andrew became Head of Operational Risk Use and Embedding at HSBC and subsequently Head of Operational Risk Regulatory Risk Management a Credit Suisse.
Andrew is also a recognised speaker and panellist at major operational-risk conferences globally, and co-author (with Dr Jimi Hinchliffe) of the book Integrated Operational Risk Management: Tools, Techniques and Meeting Regulatory Expectations
Courses:
Operational resilience and business continuity
Registration
October 20–21, 2026
Online
13:30 BST
$2,499
Enquire about:
- Agenda and registration process
- Group booking rates
- Customisation of this programme
- Season tickets options
Accreditation
This course is CPD (Continued Professional Development) accredited. One credit is awarded for every hour of learning at the event.
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