Post-conference workshop 4, 14 June 2013
Post-conference workshop 4: Setting oprisk appetite led by Ariane Chapelle, Founder, ARIANE CHAPELLE CONSULTING
WORKSHOP TOPIC: Preventative KRIs - risk appetite in financial services
8:30 Registration and breakfast
9:00 Presentation and debate: Current challenges in Operational Risk Management
- Operational Risk Drivers today
- ORM framework: completeness and maturity
- ORM challenges: reporting transparency, risk culture, risk indicators
Class debate: ORM hurdles and issues
10:30 Morning coffee break
11:00 Presentation: Nature and types of preventive KRIs
- KRIs in an operational risk framework
- KRI, KPI, KCI: definitions and uses.
- Four types of candidates for preventive KRIs
- KRIs in transactions and monitoring phases
- Examples of relevant KRIs in trading activities, credit, operations, etc.
- KRIs reflective of the environment
Workshop: class sharing of current practices on risk indicators
12:30 Lunch
13:30 Presentation: Structure and Features of Operational Risk Appetite
- Clarifying concepts: Risk Appetite, Tolerance, Universe, Capacity, etc.
- Risk Appetite in an ORM framework
- Trickling down risk appetite at various organisational levels
- Practical examples of risk appetite and tolerance statements
- Appetite for Controls, a route to explore
- Class debate
15:00 Afternoon coffee break
15:30 Presentation: Trickling down risk appetite: KRIs
- KRIs in a framework
- Four types of candidates for predictive KRIs
- KRIs in transactions and monitoring phases
- Designing predictive KRIs step by step
- Class exercise
17:00 End of workshop
Who should attend:
- Business Officers
- Credit Risk Managers
- Operational Risk Managers
- Internal Auditors
- Consultants
- Regulators
Speaker's short biography: Ariane Chapelle, Founder, ARIANE CHAPELLE CONSULTING
Ariane Chapelle is a professional trainer and independent adviser with 20 years experience in teaching and training both academic and executive audiences. She is active in operational risk since 2000, with business experience acquired in managerial functions in Internal Audit and Risk Management in ING Group and Lloyds Banking, academic research, independent consulting and training.
She has designed, managed and run operational risk training programmes at ING, Dexia Group, Lloyds Banking Group, Societe Generale, Credit Agricole and facilitated hundreds of training sessions on operational risk along the years for numerous training companies across Europe, Middle East and Asia.
Ariane Chapelle is Tenured Associate Professor of Finance at the Universite Libre de Bruxelles (Belgium). She has published two books, one on Corporate Governance and one on Operational Risk Modelling and Management and published several research and professional articles in Finance, Corporate Governance and Risk Management. She holds a PhD in Economics, and Master in Econometrics and a Master in Management Science for the University of Brussels (ULB). She is a full Member of the Institute of Risk Management and a Professional Member of the Institute of Operational Risk.
