Principles of operational risk

  • 2 days
  • Operational risk
  • 6 CPD points
View Agenda

Key reasons to attend

  • Learn how to optimise operational risk practices 

  • Increase effectiveness of core framework tools

  • Define and identify emerging risks

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Customised solutions

Does your team require a tailored learning solution on this or any other topic?

Working with the portfolio of expert tutors and’s editorial team, we can develop and deliver a customised learning to make the most impact for your team, from initial assessment to final review. 

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About the course

Operational risk management tools and practices have developed during recent market changes and volatility.

Led by subject matter expert and faculty member Elena Pykhova, participants will learn how to use risk assessments as key instruments for op risk management. This session will define and identify emerging risks and discuss how to increase the effectiveness of core framework tools for scenario analysis and op risk losses successfully.

Supported by discussion led examples, participants will explore the importance of an evolving op risk management toolkit. This interactive learning experience will discuss the key principles and best practice approaches necessary for effective operational risk.

Flexible pricing options:

  1. Early-bird rate: book in advance and save $200 

  2. 3-for-2 group rate: book three delegates for the price of two and save more than $2,000 

  3. Season tickets: book a team of 10 or more and save up to 50%

Learning objectives

  • Utilise risk assessments as a key instrument of operational risk

  • Identify emerging risks based in financial services firms 

  • Successfully integrate risk and resilience disciplines

  • Transition scenario analysis from a traditional to an enhanced approach

  • Develop impactful key risk indicators that help in decision-making 

  • Use key tools and concepts to successfully write reports

  • Learn how BCBS 239 would impact op risk

Who should attend

Relevant departments may include but are not limited to:

  • Operational risk

  • Enterprise risk

  • Compliance

  • Governance and control

  • Audit

  • Directors and senior executives


October 2–3, 2023

Time zones: Emea/Apac


  • Risk assessments

  • Operational risk losses and scenario analysis 

  • Key risk indicators (KRIs)

  • Operational risk appetite

  • Operational resilience

  • Risk culture, conduct and people risk

  • Operational risk reporting

  • Softer side: core skills and capabilities of operational risk professionals

View detailed agenda


Elena Pykhova Risk Learning Faculty

Director and founder

The OpRisk Company

View bio

Elena Pykhova is an op risk executive specialising in strategy, design and implementation of firm-wide risk frameworks. 

She is the author of a best-selling book, Operational risk management in financial services: a practical guide to establishing effective solutions.
Pykhova is a renowned educator, running public and in-house training courses in the UK and internationally for world-leading organisations including the London Stock Exchange Group Academy, the Moller Centre Cambridge University and 
She is a thought-leader, influencer and founder of a prominent industry think tank, the Best Practice Operational Risk Forum. 
Pykhova is a former director for education at the Institute of Operational Risk and chair of the expert panel for the Association of Foreign Banks.

Passionate about the discipline, she founded her training and consulting practice after 20 years of experience in senior roles at Fortune 500 companies.


This course is CPD (Continued Professional Development) accredited. One credit is awarded for every hour of learning at the event.

Pre-reading materials

The resources below have been selected to enhance your learning experience:

  • Top 10 operational risks: The umpire strikes back - Read article

  • Top 10 op risks 2023: regulatory risk jumps sharply - Read article

  • Top 10 operational risks for 2023 - Read article

A subscription will provide you access to these articles. Alternatively, register for free to read two news articles a month.


October 2–3, 2023

Online, Emea/Apac


Book now

Enquire about:

  • Agenda and registration process
  • Group booking rates
  • Customisation of this programme
  • Season tickets options

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