Conduct Risk Culture & Operational Risk Management
The programme is a unique and specialist risk management programme for those working in the banking industry. The programme was designed in conjunction with operational risk and conduct risk professionals working in banking and this Certificate is the benchmark operational risk management and conduct risk management qualification for the banking industry in Ireland.
| Award Name | Special Purpose Certificate (Level 8 NFQ) |
|---|---|
| NFQ Classification | Special Purpose |
| Awarding Body | University College Dublin |
| NFQ Level | Level 8 NFQ |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
|---|---|---|---|
| Special Purpose Certificate (Level 8 NFQ) | Special Purpose | University College Dublin | Level 8 NFQ |
Duration
1 trimester
Delivery: Online.
Entry Requirements
Entry Requirements
Individuals seeking admission to the Professional Certificate in Conduct Risk, Culture and Operations Risk Management will have:
• 3 years’ experience (full-time) in a relevant banking role and have completed the Professional Diploma in Financial Advice or equivalent 30 ECTS level 7 programme or
• Have an Honours degree (min. H2.2, level 8 NFQ) or
• Admission will also be considered from experienced professionals who do not meet the minimum admission requirements as set out above, who can demonstrate learning based on work and training experience e.g. Individuals employed in a credit role with responsibility for credit decisions in financial services.
Professional Body Membership
You must be a current member of IOB, or become a member, to undertake this programme.
Further information
Next intake
Autumn Trimester (2023-2024 academic year)
Please note that the programme content and fees are subject to change in the 2023/2024 academic year. Any changes will be outlined in the 2023/2024 prospectus and at iob.ie in August - the start of the new academic year.
Operational Risk Management Practices €625
Banking Risk Management Framework, Culture and Conduct Risk €520
Propel your career
The programme is a progression for individuals who have completed the Professional Diploma in Financial Advice who are designated Qualified financial Advisers (QFA) and also individuals who have completed the Professional Certificate or Diploma in Compliance.
Who is this programme for?
The programme is designed to provide a deep and practical understanding of the key operational risks and conduct risks facing financial services professionals in Ireland today and the tools to identify, measure and mitigate those risks to improve business performance.
The programme is relevant to holders of the QFA, holders of the Professional Certificate or Diploma in Compliance, banking compliance and risk professionals, financial institutions’ frontline staff, retail business centre and corporate banking staff, financial institutions central functions risk and compliance professionals including;
Compliance, Operational risk, Internal Audit, Credit review, Legal, Finance, Technology, Change Management. Credit Union Board compliance and risk committees and Credit Union managers and staff, Regulatory bodies, auditors, accountants, lawyers, stockbrokers, business consultants and other professionals who provide risk management advisory services.
This specialist programme will provide you with the skills to:
Explain the key risks facing banks in Ireland and discuss the strategies to manage them
Outline the components of risk management frameworks and advise colleagues and management on their application
Evaluate risk MI including Key Risk Indicator (KRI) data and trend analysis and communicate clearly relevant insights to the appropriate stakeholders in an appropriate format and timely manner
Independently apply the learning skills developed on this programme to advance your professional and personal career ambitions
Review CBI, ECB, and other relevant sources for advances in best practice in banking risk management practices, and advocate for their adoption within your work environment as appropriate.
Operational Risk Management Practices
Banking Risk Management Framework, Culture and Conduct Risk
Assessment
Operational Risk Management Practices module is assessed by:
• Continuous assessment - 10%
• An end of trimester two-hour written exam - 90%
Banking Risk Management Framework, Culture and Conduct Risk module is assessed by:
• An end of trimester two-hour written exam - 100%
Award
Successful participants will be awarded the Professional Certificate in Conduct Risk, Culture and Operational Risk Management by UCD.
This is a level 8 qualification on the National Framework of Qualifications.
For more information please contact education@iob.ie
Institute of Banking
Email: info@iob.ie
Phone: +353 (0)1 6116500
Fax: +353 (0)1 6116565