Advanced Certificate in Operational Risk
The
Advanced Certificate in Operational Risk qualification
is suitable for individuals operating in roles where an understanding of operational risk issues will be of benefit; such roles include both front and back office staff at supervisory and manager level, with a working knowledge of operational risk issues that affect their own business environment.
"The Advanced Operational Risk examination should be open to all staff, front and back office. Operational risk has no boundaries."
Christine Coe, Head of Risk and Control, HSBC plc
Advanced Certificate in Operational Risk factsheet
IAQ Factsheet
Aims of the Qualification
The overall aims of the Advanced Certificate in Operational Risk are:
· to assess a candidate’s understanding of operational risk issues in real work scenarios
· to test a candidate’s ability to demonstrate awareness of enterprise-wide risk issues and approaches to risk management
· to allow candidates to demonstrate awareness of the costs and benefits of managing risks in their working environment and the impact of risk management on other business units in the organisation
· to test that candidates can determine the consequences of a change in policy or structure, such as staff reductions, physical re-locations, changes in IT systems and outsourcing and be able to explain the risks resulting from such changes
· to enable candidates to demonstrate a practical understanding of the operational risk environment - to show how established approaches to operational risk can be used in the everyday working environment.
Candidate Update
The Securities & Investment Institute is dedicated to keeping candidates up-to-date with changes within the financial services industry in areas relating to Institute examinations and workbooks.
The Institute’s Candidate Update area will provide a central resource for the latest industry developments and exam changes as they relate to each SII exam and workbook and will keep candidates and those working in the industry updated. This will provide greater clarity on instances where a 'significant' industry change impacts on a syllabus that SII is not in a position to reflect immediately in the workbook or the exam. Each workbook/exam has its own link which details the latest changes and how they affect your study
More information on Candidate Update
SII CPD Scheme
Studying for SII examinations earns SII members CPD hours under the
SII CPD Scheme To find out how many hours are available for taking this qualification, please use our
Qualifications & CPD page.
How Securities & Investment Institute qualifications fit into the National Qualifications Standards Framework
For further information on the Advanced Certificate in Operational Risk programme please select from the following:
Who should take the Advanced Certificate in Operational Risk?
Regulatory Recognition
What you need to know about the Advanced Certificate in Operational Risk
Studying for the Advanced Certificate in Operational Risk
Fees and Forms
Exam Policies
What next for holders of the Advanced Certificate in Operational Risk?
