RCSAs: designing and embedding in risk management
About the course
New format - one day course
Although widely used in financial services, RCSAs are often seen as a compliance exercise that adds little value. This course provides a practical, step-by-step guide to designing and executing effective RCSAs – transforming them into a powerful risk management tool. Participants will learn how to design methodologies, formulate risks and controls, emply generative AI and produce insightful reports.
Led by an expert practitioner, the training explores common pitfalls and proven strategies to enhance RCSAs, including horizon scanning for emerging risks and effective facilitation techniques. Attendees will leave the course with the skills to implement a robust RCSA process that aligns with business goals and offers a holistic view of organisational risks.
What participants say:
“Very interesting, very good examples and excellent speaker”
Learning objectives
- Find meaningful ways to formulate risks and controls
- Integrate RCSAs with key risk indicators and risk appetite
- Write effective and actionable RCSA reports
- Gain expertise in RCSA facilitation
- Learn strategies to engage key stakeholders and secure buy-in
- Address emerging operational risks in the RCSA process
Who should attend
Relevant departments may include but are not limited to:
- Risk management
- Internal audit
- Op risk
- Enterprise risk
- Compliance
- Governance
Agenda
Tutors
Elena Pykhova
The OpRisk Company
Director & founder
Elena Pykhova is award-winning risk expert, author, international trainer and educator. She is the founder of a boutique risk management consultancy, The OpRisk company, specializing in risk transformation, board and executive level advice on effective operational and enterprise risk management strategy, design and implementation. Elena is an author of a best-selling book, Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions. She 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, Euronext, Risk.net, the Moller Center Cambridge University, and the Institute of Internal Auditors. Elena is a thought leader, influencer and founder of a prominent industry think tank, the Best Practice Operational Risk Forum. She 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.
Courses:
Operational risk management: fundamental principles
ESG integration into operational risk frameworks
RCSAs: designing and embedding in risk management
Enterprise risk management: latest trends and techniques
Enquire now
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