Online Workshop: Risk and Control Self-Assessments (RCSAs)

Kuvaus

Tämä käytännönläheinen mestarikurssi opastaa vaihe vaiheelta tehokkaaseen riskien ja kontrollien itsearviointiin (RCSA). Kurssi perustuu Elenan kirjaan Operational Risk Management in Financial Services, joka tukee jatkuvaa oppimista.

Mestarikurssia vetää Elena Pykhova, palkittu riskienhallinnan asiantuntija, kirjailija, kansainvälinen kouluttaja ja opettaja. Hän on erikoistunut riskienhallinnan kehittämiseen sekä hallitusten ja johtoryhmien neuvontaan operatiivisen ja yritystason riskienhallinnan strategian, suunnittelun ja toteutuksen osalta. Elena on myös The OpRisk Company -konsulttiyrityksen perustaja, ja hänellä on laaja kokemus riskienhallinnan muutoshankkeista.

Kurssi on suunnattu erityisesti toisen linjan riskienhallinnan ammattilaisille, ensimmäisen linjan riskivastaaville, sisäisen tarkastuksen asiantuntijoille sekä kaikille, jotka osallistuvat riskien ja kontrollien itsearviointiin tai haluavat oppia tehokkaista RCSA-käytännöistä.

Course description

Conducting a refresh of RCSAs? Auditing an RCSA process? This essential masterclass provides a practical, step-by-step guide to effective Risk and Control Self-Assessments (RCSAs), a core tool of the Operational risk framework. While widely used by many firms, RCSAs are frequently perceived as a tick-box exercise simply not delivering enough value. Learn from the expert who facilitated over 100 RCSAs over 25 years; from designing the right methodology, to formulating risks and controls, to producing the final report that makes a real difference, this masterclass delivers a succinct overview of RCSA process, examining common pitfalls and providing solutions that have proven effective over time to derive the maximum value out of the exercise.

Who should attend?

The masterclass has been designed to appeal to Risk Professionals in the 2^nd Line Risk Department, 1^st Line Risk Champions, Internal Audit professionals, and all individuals involved in Risk and Control Self-Assessment process or interested to learn about effective RCSA practices, including

• Operational risk
• Risk Champions
• Enterprise risk
• Compliance
• Governance and Control
• Internal Audit
• Heads of departments
• Directors and Senior Executives

What will I learn?

The course is based on Elena’s book: Operational Risk Management in Financial services, which enables continuous learning.

The Masterclass will allow participants to:

⇒ LEARN how to conduct risk assessments effectively
⇒ FIND meaningful ways to formulate risks and controls
⇒ EXAMINE the common pitfalls and find practical solutions
⇒ DEVELOP a plan on how to make a difference in your workplace

Agenda: Mastering Risk and Control Self-Assessments

• RCSAs and their role in the Operational Risk Framework
• Why RCSAs fail and how to avoid common pitfalls
• Step 1: Designing the right approach and methodology
• Step 2: Risks – avoiding proliferation, pollution and dirty data
• Step 3: Controls – it’s all about building bridges and testing the temperature
• Engaging the audience and producing the ultimate product: 3-page report
• Measures of success: what works and what doesn’t
• Live poll and discussion: RCSA experience
• Wrap-up: Conclusions and key take-aways
• Make a Difference: Next steps and building an individual action plan

Cancellation policy:

• In case of cancellation 30 days before the start of the course, 0% of the participation fee must be paid.
• In case of cancellation 30-15 days before the start of the course, 50% of the participation fee must be paid.
• In case of cancellation 15 days or less before the start of the course, or no-show, 100% of the participation fee will be invoiced. This applies regardless of the reason, such as illness.

You can transfer your place to a colleague free of charge. Email sisaiset.tarkastajat@theiia.fi and let us know who will replace you.

Last registration day for this training is 21.4.2025. After that you can ask available spots by email at sisaiset.tarkastajat@theiia.fi.

CPE 3