Risk Assessing Bank Operations Using Data Analytics

MIS Training Institute (MISTI)
Training overview
4 days
2,595 USD
Next start date: 11/18/2019 08:30 - Chicago

Course description

Risk Assessing Bank Operations Using Data Analytics

The one true fact about any organization is that it is the operations that determine your success or failure as an entity. Many times, not enough attention is devoted by auditors and risk personnel to the enormous number of risks that exist in operations. In this course you will become very familiar with those areas of risk that may not be properly overseen, while developing a 21st century approach to risk assessing these areas using data analytics. 

The OCC has defined nine categories of risk for bank supervision purposes. Even though these are specifically defined for federally chartered institutions, these risk categories should be standard operating procedure for all financial institutions. The risk categories defined are: Credit, Interest Rate, Liquidity, Price, Foreign Exchange, Transaction, Compliance, Strategic and Reputation. As with any risk categorization scheme, the categories are not mutually exclusive; any product or service may expose the bank to multiple risks which are fluid and cannot be pigeonholed conveniently. During this seminar we will relate these categories to the operational areas of your financial institution.

In this course we will explore a number of risks in each of these categories that are the key issues of the day and the ongoing issues of tomorrow. You will leave this session with a sound basis for analyzing risk in your financial institution with the data analytics necessary to build a continual/continuous risk oversight system that will be beyond world class. 

Who should attend?

Internal auditors, Audit Directors, risk management personnel, Chief Risk Officers, data analysts

Training Content

1. Mapping a Financial Institution Operationally
• building a holistic map to facilitate audit risk assessment and ERM
• understanding the concepts of logical data pathways
• key functionalities of logical data pathways
• the concept of root cause analysis and its critical importance 

2. Risk Assessing Credit Risk Using Data Analytics
• determining the key functionalities of lending
• determining the key functionalities of underwriting
• determining the key functionalities of managing investment portfolios 
• building the right analytics to risk assess all key areas of credit risk 

3. Risk Assessing Interest Rate Risk Using Data Analytics
• determining the key functionalities of managing interest rate risk
• building the right analytics to risk assess risk to earnings or capital arising from movements in interest rates
• building the right analytics to risk assess non-complex interest rate risk

4. Risk Assessing Liquidity Risk Using Data Analytics
• determining the key functionalities of liquidity management
• building the right analytics to risk assess risk to earnings 
• building the right analytics to risk assess risk to capital 

5. Risk Assessing Credit Risk Using Data Analytics
• determining the key functionalities of managing portfolios of financial instruments
• building the right analytics to risk assess all key areas of credit risk

6. Risk Assessing Price Risk Using Data Analytics
• determining the key functionalities of market-making
• determining the key functionalities of taking financial investment positons
• determining the key functionalities of managing investment portfolios 
• building the right analytics to risk assess all key areas of price risk 

7. Risk Assessing Transaction Risk Using Data Analytics
• determining the key functionalities of service or product delivery
• determining the key functionalities of information systems 
• assessing the key aspects of employee integrity
• determining the key functionalities of customer centric operating departments
• building the right analytics to risk assess all key areas of transaction risk

8. Risk Assessing Compliance Risk Using Data Analytics
• determining the key functionalities of managing compliance with laws, rules, regulations 
• determining the key functionalities of prescribed practices, or ethical standards
• determining the key functionalities of monitoring the activities of the bank's clients
• building the right analytics to risk assess all key areas of compliance risk

9. Risk Assessing Strategic Risk Using Data Analytics
• determining the key functionalities of establishing and monitoring the organization's strategic goals
• determining the key functionalities of business strategy development
• determining the key functionalities of managing resource deployment
• determining the key functionalities of managing quality of implementation
• building the right analytics to risk assess all key areas of strategic risk

10. Risk Assessing Reputation Risk Using Data Analytics
• determining the key functionalities of managing reputation risk 
• building the right analytics to risk assess all key areas of reputation risk

Costs

The cost of this course is $2,495 per participant. Request information to learn more!

About MISTI

MISTI

MIS Training Institute (MISTI)

With offices in London and Boston, MISTI is the global leader in IT audit, audit and information security training. Founded in 1978, MISTI has gained experience through training more than 200,000 delegates across five continents.  MISTI has made it their...


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Reviews

Andrew T.
(4)
It was a very good learning experience of how to risk assess bank operations using a different methodology
Jack S.
(4)
Part of the course was teaching us how to use software like Microsoft Visio and Audit programs such as IDEA. It would have been nice to have computers in our class to at least be able to use these software and do what he taught us in practice. Other than that, the speaker was very knowledgeable and I had a good experience.
Xavier R.
(5)
Prior to start if the session on the first day I called MicroTek help line twice and was told that I had logged in correctly and just to wait for the class to start. I apparently was logged incorrectly and had to contact MISTI for assistance. Finally, a half hour into the course I figured out how to join the class.
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