The workshop provides a practical guide to establishing the horizon scanning process and measuring emerging risks using scenario analysis.
Outline
This essential workshop focusses on Emerging Risks for 2025 and beyond, examining the most critical risk topics that firms should have on their radar. The workshop provides a practical guide to establishing the horizon scanning process and measuring emerging risks using scenario analysis. Learn from the expert who advises boards and senior management, providing foresight and enabling organisations to be forward- rather than backward looking. From exploring the dynamic and ever-changing risk landscape to defining, identifying and quantifying emerging risks, to engaging the stakeholders and deriving the maximum value out of the exercise, the workshop will enable participants to benchmark their approach with peers and discuss the most topical risks on the agenda.
The course is based on Elena’s book: Operational Risk Management in Financial services, which enables continuous learning.
The Masterclass will allow participants to
- EXAMINE the most topical emerging risks firms should have on their radar
- LEARN how to establish risk horizon scanning process
- FIND meaningful ways to define, identify and quantify emerging risks
- DEVELOP a plan on how to make a difference in your workplace
Agenda: Emerging Risks 2025 and beyond
- Importance of forward vs backward-looking risks management
- Emerging risks and their role in the Risk Framework
- Guidance on how to define the horizon scanning process
- Use of Scenario Analysis as a core framework tool
- Examining the risk landscape 2025 and beyond: emerging risks firms should have on their radar
- Live poll and discussion: emerging risks successes and challenges
- Wrap-up: Conclusions and key take-aways
- Make a Difference: Next steps and building an individual action plan
Audience
The masterclass has been designed for senior risk, compliance, governance and internal audit professionals, and individuals interested to learn about effective risk management practices, including
CROs and Heads of Risk
Senior Operational and Enterprise risk professionals
Heads of Compliance
Governance and Control professionals
Internal Auditors
Heads of departments
Non-Executive Directors and Senior Executives
Executive Trainer Bio
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.