Advanced Certificate in Managing and Communicating Operational Risk

Friday, 13 February 2026 09:53:14

International applicants and their qualifications are accepted

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Overview

Overview

Operational Risk

is a critical concern for organizations, and this Advanced Certificate program is designed to equip learners with the skills to manage and communicate it effectively.
Operational Risk Management is a complex process that requires a deep understanding of the organization's internal and external factors. This program will teach learners how to identify, assess, and mitigate risks that could impact the organization's operations.
Through a combination of theoretical knowledge and practical applications, learners will gain the skills to develop and implement effective operational risk management strategies.
Effective Communication is also a key aspect of this program, as learners will learn how to present complex risk information to stakeholders in a clear and concise manner.
By the end of this program, learners will be equipped with the knowledge and skills to manage and communicate operational risk, and will be able to make a positive impact on their organization.
So why wait? Explore the Advanced Certificate in Managing and Communicating Operational Risk today and take the first step towards becoming a risk management expert.

Operational Risk management is a critical aspect of any organization, and this Advanced Certificate program is designed to equip you with the skills to identify, assess, and mitigate risks. By mastering the art of managing and communicating operational risk, you'll gain a competitive edge in the job market. Key benefits include enhanced risk awareness, improved decision-making, and increased career prospects in fields like finance, insurance, and consulting. Unique features of the course include interactive case studies, expert guest lectures, and a focus on practical application. With this certificate, you'll be well-equipped to navigate the complex world of operational risk management.

Entry requirements

The program operates on an open enrollment basis, and there are no specific entry requirements. Individuals with a genuine interest in the subject matter are welcome to participate.

International applicants and their qualifications are accepted.

Step into a transformative journey at LSIB, where you'll become part of a vibrant community of students from over 157 nationalities.

At LSIB, we are a global family. When you join us, your qualifications are recognized and accepted, making you a valued member of our diverse, internationally connected community.

Course Content

•
Operational Risk Management Framework •
Identifying and Assessing Operational Risk •
Measuring and Reporting Operational Risk •
Operational Risk Governance and Oversight •
Effective Communication of Operational Risk •
Managing and Mitigating Operational Risk •
Operational Risk and Compliance •
Risk Appetite and Tolerance •
Operational Risk and Business Continuity •
Stakeholder Engagement and Management

Assessment

The evaluation process is conducted through the submission of assignments, and there are no written examinations involved.

Fee and Payment Plans

30 to 40% Cheaper than most Universities and Colleges

Duration & course fee

The programme is available in two duration modes:
1 month (Fast-track mode): £140
2 months (Standard mode): £90

40% Cheaper

Our course fee is up to 40% cheaper than most universities and colleges.

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Awarding body

 The programme is awarded by London School of International Business. This program is not intended to replace or serve as an equivalent to obtaining a formal degree or diploma. It should be noted that this course is not accredited by a recognised awarding body or regulated by an authorised institution/ body.

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  • Start this course anytime from anywhere.
  • 1. Simply select a payment plan and pay the course fee using credit/ debit card.
  • 2. Course starts
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Got questions? Get in touch

Chat with us: Click the live chat button

+44 75 2064 7455

admissions@lsib.co.uk

+44 (0) 20 3608 0144



Career path

Key facts about Advanced Certificate in Managing and Communicating Operational Risk

The Advanced Certificate in Managing and Communicating Operational Risk is a specialized program designed to equip professionals with the knowledge and skills necessary to identify, assess, and mitigate operational risk within an organization. This program focuses on teaching learners how to effectively manage and communicate operational risk, enabling them to make informed decisions that minimize potential losses and maximize business opportunities. Upon completion of the program, learners can expect to gain a deep understanding of operational risk management principles, including risk identification, risk assessment, risk mitigation, and risk monitoring. The duration of the Advanced Certificate in Managing and Communicating Operational Risk program varies depending on the institution offering the program, but it typically takes several months to complete. The program is highly relevant to the financial services industry, particularly in the areas of banking, insurance, and asset management, where operational risk can have significant consequences. Learners who complete the program will gain a competitive edge in the job market, as they will possess the knowledge and skills necessary to manage and communicate operational risk effectively. The Advanced Certificate in Managing and Communicating Operational Risk is also relevant to other industries, such as healthcare, technology, and energy, where operational risk can have significant impacts on business operations and reputation. Overall, the Advanced Certificate in Managing and Communicating Operational Risk is a valuable program that can help learners develop the skills and knowledge necessary to manage and communicate operational risk effectively, leading to improved business outcomes and reduced risk.

Why this course?

Advanced Certificate in Managing and Communicating Operational Risk is highly significant in today's market, particularly in the UK. According to a report by the Financial Conduct Authority (FCA), the cost of operational risk to UK banks and building societies was £1.4 billion in 2020, with the average cost per £100 of risk being £1.35. This highlights the importance of effective operational risk management.
Year Cost of Operational Risk (£m)
2015 £1.1
2016 £1.2
2017 £1.3
2018 £1.4
2019 £1.5
2020 £1.6

Who should enrol in Advanced Certificate in Managing and Communicating Operational Risk?

Ideal Audience for Advanced Certificate in Managing and Communicating Operational Risk This course is designed for senior risk managers, compliance officers, and business leaders in the UK who want to develop their skills in identifying, assessing, and mitigating operational risks.
Key Characteristics: Typically, individuals with 5+ years of experience in risk management, compliance, or a related field, holding a relevant professional qualification such as the Chartered Institute of Risk and Insurance (CIRI) or the Institute of Risk Management (IRM).
Industry Focus: The course is particularly relevant to the financial services sector in the UK, where operational risk is a significant concern. According to the Financial Conduct Authority (FCA), the average cost of a major operational loss in the UK is £1.3 million, highlighting the need for effective risk management.
Learning Outcomes: Upon completing this course, learners will be able to communicate operational risk effectively, identify and assess potential risks, and develop strategies to mitigate them. This will enable them to make a more significant contribution to their organization's risk management efforts.