Certified Operational Risk Professional (CORP) Certification Program by Tonex
The Certified Operational Risk Professional (CORP) certification program equips professionals with essential skills to assess, mitigate, and manage operational risks. The program covers risk identification, compliance, governance, and resilience strategies. Participants learn best practices for risk assessment frameworks, regulatory compliance, and business continuity planning. The course provides practical insights into managing financial, technological, and human factor risks in organizations. With expert-led instruction, participants develop the ability to create effective risk mitigation plans and enhance organizational resilience. This certification is ideal for professionals seeking to strengthen their operational risk management expertise in a dynamic business environment.
Audience:
- Risk managers
- Compliance officers
- Business continuity professionals
- Internal auditors
- Operations managers
- Financial professionals
Learning Objectives:
- Understand operational risk concepts and their impact
- Learn risk assessment and mitigation strategies
- Apply regulatory compliance and governance frameworks
- Develop business continuity and crisis management plans
- Enhance risk reporting and monitoring processes
Program Modules:
Module 1: Fundamentals of Operational Risk
- Understanding operational risk and its importance
- Key risk categories in organizations
- Risk appetite and tolerance frameworks
- Risk events and their impact on business
- Operational risk vs. other risk types
- Risk culture and governance
Module 2: Risk Identification and Assessment
- Techniques for identifying operational risks
- Risk assessment methodologies
- Risk measurement tools and techniques
- Scenario analysis and stress testing
- Establishing key risk indicators (KRIs)
- Risk reporting and documentation
Module 3: Risk Mitigation and Control Strategies
- Designing effective risk mitigation strategies
- Internal control frameworks and best practices
- Role of automation in risk reduction
- Risk transfer mechanisms (insurance, outsourcing)
- Third-party and vendor risk management
- Monitoring and evaluating mitigation effectiveness
Module 4: Compliance and Regulatory Requirements
- Global and regional regulatory frameworks
- Compliance risk assessment and reporting
- Legal and ethical considerations in risk management
- Implementing governance and compliance controls
- Role of compliance officers in risk management
- Best practices for regulatory audits
Module 5: Business Continuity and Crisis Management
- Business continuity planning fundamentals
- Crisis response and incident management
- Emergency preparedness and recovery strategies
- Impact analysis for business resilience
- Communication strategies in crisis situations
- Case studies in business continuity
Module 6: Risk Reporting and Monitoring
- Establishing risk reporting frameworks
- Key performance and risk indicators
- Data-driven risk decision-making
- Risk dashboards and visualization tools
- Reporting to stakeholders and regulators
- Continuous improvement in risk management
Exam Domains Title List:
- Operational Risk Principles and Concepts
- Risk Identification and Evaluation Techniques
- Compliance, Governance, and Regulatory Frameworks
- Business Continuity and Incident Management
- Risk Control, Mitigation, and Reporting Strategies
- Emerging Risks and Future Trends
Course Delivery:
The course is delivered through lectures, interactive discussions, and case studies. Industry experts facilitate sessions, providing practical insights. Participants access online resources, including readings and real-world case studies.
Assessment and Certification:
Participants are assessed through quizzes, assignments, and a final exam. Upon successful completion, they receive the Certified Operational Risk Professional (CORP) certification.
Question Types:
- Multiple Choice Questions (MCQs)
- True/False Statements
- Scenario-based Questions
- Fill in the Blank Questions
- Matching Questions
- Short Answer Questions
Passing Criteria:
To pass the Certified Operational Risk Professional (CORP) Certification Training exam, candidates must achieve a score of 70% or higher.
Advance your career in risk management. Enroll in the Certified Operational Risk Professional (CORP) certification program today!