Managing Operational Risk for Investment Funds

Description

Although operational risk management for banks started with Basel II in 2004, it was usually not applied to investment funds until 2010. This course provides participants with a solid understanding of operational risk for investment funds. Because operational risk impacts practically every aspect of the fund industry, it is an important area of focus for all types of investment funds.

Course content

Operational Risk Management for UCITS Funds

  • Operational Risk in the Financial Sector
  • Operational Risk for Funds
    • Functions of a ManCo
    • Causes of Operational Risk
    • Business Continuity Plans
  • Convergence of Operational Risk Causes and ManCo Activities
  • Measuring and Managing Operational Risk for Funds
    • Operational Risk Management Cycle
    • Operational Risk Incident Database
    • Risk and Control Self-Assessment (RCSA)
  • Key Risk Indicators (KRIs)

Operational Risk Management for Alternative Investment Funds

  • Introduction and Framework
  • AIF Life Cycle
  • Valuation Risk
  • Main Specific Operational Risks
  • Operational Risk in Hedge Funds

Sessions

Duration

1 day
Up to 15 participants
1 session available
In-person training
1 day
Up to 15 participants
625€
for GFR/ALRiM members
750€
for non-members
Register now