Operational Risk Management for Leaders in Financial and Non-Financial Sector

A 2-day training course for Leaders from the Financial and non-Financial sector.

Virtual Classroom, 20 and 21 June 2024
from 9.30am to 1.00pm CET


is an essential course for risk professionals, enabling to thoughtfully revisit and mature their existing frameworks given the changing environment, practices, and challenges of the Operational risk discipline. The course focusses on the most current and topical issues, from managing emerging risks and conducting a deep dive into Cyber, Third-party and Operational resilience to considering the future challenges and skillset of risk practitioners. It will aid attendees to remain at the forefront of industry developments and regulatory expectations, ensuring risk management continues to add maximum value to the organization. 

Both days have been structured to provide the delegates with crucial knowledge as well as ample opportunities for group work and discussion, to address emerging themes and benchmark solutions with peer firms. 

The course is packed with practical tips and hints and ends with Make A Difference discussion, where attendees share their take-aways that will make a real difference to their organization.

Benefits of attending

The sessions will allow participants to:

  • address the most current and topical issues in Operational risk Management
  • how to embed risk culture and master Risk Conversations 
  • understand key skills of modern risk professionals in order to invest in your teams  
  • conduct a deep dive into Cyber, Third-Party and Operational Resilience
  • structure a value-added Operational risk appetite statement 
  • review approaches to controls, their evaluation and testing 
  • examine emerging risk identification and management process
  • debate the future of Operational risk discipline 
  • review practical examples, case studies and industry benchmarks
  • interact with fellow-practitioners and
  • benchmark the maturity of approaches against peers The virtual live course will be complemented with polls and group work.The virtual live course will be complemented with polls and group work.

Who should attend

This is an essential course for all individuals responsible for implementing risk management practices in their organisations or those interested to stay current and improve their Operational risk solutions, including:

  • Operational and Enterprise Risk practitioners
  • Compliance
  • Governance and Control
  • Audit 
  • Directors and senior executives.

Course Tutor

Elena Pykhova is a risk expert specializing in strategy, design and implementation of firm-wide risk frameworks, based in London, UK. She is a renowned educator, who for many years has run public and in-house training courses in the UK and internationally for world-leading organisations including the London Stock Exchange Group Academy, The Moller Center, Cambridge University and Risk.net. Elena is also 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 Operational Risk Expert Panel for the Association of Foreign Banks. Elena founded her training and consulting practice, The OpRisk Company Ltd, after 20 years of experience in senior roles at Fortune 500 companies, such as Citigroup, American Express, Deutsche Bank and Banco Santander.

She is an author of a best-selling book, Operational Risk Management in Financial Services: A Practical Guide to Establishing Effective Solutions, contributor to Thompson Reuters, Advantage Talent Inc, Risk & Compliance Platform Europe and other news publications.


Learning tools
The workshop will take place on the Zoom platform.

Learning material
The course material will be provided to the delegates in pdf format the day after the course has taken place.

Certificate of attendance
The certificate of attendance will be sent in digital format after the end of the course.