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Operational Risk Management Certification Course
Rating: 4.1 out of 5(16 ratings)
45 students

Operational Risk Management Certification Course

Learn and develop core competence in operational risk management
Created byOlanab Consults
Last updated 9/2025
English

What you'll learn

  • Outline an operational risk assessment program
  • List tools and techniques in identifying operational risks in an organization
  • Describe the various risk management processes and approaches
  • Discuss the risk management process using various frameworks and strategies
  • Distinguish between the various risk management standards and their applications in risk assessment
  • Summarize the various terms associated with risk management
  • Identify the limitations of risk management
  • Evaluate risk assessment effectiveness through risk audit
  • Define the concept of Enterprise Risk Management (ERM)
  • Explain the different ERM frameworks and components
  • Compare several ways and alternatives to implementing the ERM framework
  • Select ERM teams for effective risk analysis

Course content

9 sections43 lectures2h 0m total length
  • Introduction2:12
  • Limitation of Risk Management1:20
  • Risk Management Approaches1:26

Requirements

  • Nil

Description

The Operational Risk Management Certification Course is a comprehensive online training designed to equip professionals with the skills and tools to proactively manage operational risks in today's complex and fast-changing business environments. Whether you're working in finance, manufacturing, healthcare, energy, or the public sector, this course provides a practical framework for identifying, assessing, monitoring, and mitigating risks that can disrupt operations, damage reputation, or lead to financial loss.

This course explores the foundations of operational risk, including its sources—such as human error, process failures, systems breakdowns, and external events—and how these risks differ from financial, strategic, or compliance risks. You'll learn to use proven risk assessment tools such as risk registers, root cause analysis, risk heat maps, and scenario analysis. Real-world examples and case studies are included to help you understand how leading organizations implement effective operational risk controls and integrate them into their business processes.

In addition to risk identification and assessment, the course covers risk response strategies, key risk indicators (KRIs), internal controls, and how to establish a risk-aware culture within an organization. You’ll also gain insight into risk governance, roles and responsibilities, regulatory expectations (such as Basel III and ISO 31000), and the use of technology in risk monitoring and reporting. The course emphasizes a proactive and systematic approach to risk that supports strategic goals and operational resilience.

By the end of this course, you'll have the confidence and capability to contribute to or lead operational risk management initiatives within your organization. Whether you're building a risk management system from scratch or enhancing an existing program, you'll be equipped with actionable tools, templates, and frameworks to reduce uncertainty and strengthen decision-making. This course is ideal for risk officers, compliance professionals, operations manag

Who this course is for:

  • Business managers,
  • Corporate executives,
  • Project management practitioners,
  • Risk managers,
  • Operations planners,
  • Individuals who wish to learn or improve their risk and operations management knowledge