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  Identify, Assess, Model & Treat Op Risk    

Certified Operational Risk Masterclass

A certified deep dive masterclass that doesn't just look at the practices found in operational risk assessment but explores the modelling aspects in an easy to follow manner "

This page is dedicated to the leading Certified Operational Risk masterclass.


Attendees can become Certified through The London School of Business & Finance.


This is a fantastic chance to meet other leading operational risk practitioners in the gulf, share risk management ideas while improving your knowledge in this complex risk management discipline.


All members will receive indefinite access to an online learning portal that becomes their own library of reading material, unlocked and ready to use.

 Masterclass Value Proposition 

This course is worth 32 CPE credits by field of study:


Regulatory Ethics:

Business Mgmnt and Org:



  8 CPE points

  8 CPE points

10 CPE points

  6 CPE points

This course is certified by:

Causal Capital Pte Ltd is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:
National Registry ID #138370. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.

Course Outline

 Key Pillars of Op Risk 

Risk Frameworks

Risk Identification & Analysis

Risk Modelling & Evaluation


  • Design a risk taxonomy to suit all businesses

  • ISO 31000 front to back

  • COSO for ERM in comparison

  • Frameworks for BCP, Reputation Risk

  • Economic Capital & Risk Provisions

  • Risk Appetite explored, practical examples

  • Each component of a framework explained

  • How to map a business for op risk

  • Project managing op risk frameworks


  • Risk registration from the ground up

  • ISO 31010 risk assessment techniques

  • Bowtie, SNEAK, Fault Trees

  • Root Cause Analysis Case Study

  • Develop a Control Self Assessment

  • Key Risk Indicator Networks

  • Mapping impacts of policy on risk

  • Incident identification & Management

  • Walk through Scenario Analysis

  • Discriminant Factor KRI Modelling


  • Bayesian Networks & PLSPM

  • Beyond F x M and into OpVaR

  • Monte Carlo parametric measures

  • Integrated Markov Analysis 

  • Aggregating Operational Risk Assets

  • New Integrated Risk Effect Network

  • Integrating fraud controls modelling

  • Benefit of Cost Models explained

  • Binomial Op Risk and Real Option Model

  • How to report confidence levels 

Risk Treatment & Response


  • Develop a Op Risk Database in an hour

  • Review risk heat maps & new tree maps

  • Build interactive risk dashboard

  • Plan a risk sensitive treatment program

  • Budget & respond to cyber risk threats 

  • Build a gap study for op risk regulation

  • New requirements for SMA deply explored

  • How to capture benefits from op risk 

  • KRI Limit Responses for Op Risk Levels

  • Attendees certification process

You will learn how to build an operational risk dashboard similar to this during the Masterclass.


The quality of risk management improves with interactive, real time reporting of Key Risk Indicators and this course will give you the guidence to build such risk dashboards with ease.

 Who is suitable for this? 

Operational Risk Practitioners

Operational Risk Practitioners become CORE certified through the London School of Business and a recognised operational risk practitioner. All this while learning the latest applied risk assessment techniques. You will gain the deep insight into how to enhance your existing risk management practices, improve the efficiency of your work and outshine other team members.

Operational Risk Analysts

This program is like no other; highly practical, easy to follow and deeply insightful.  We explore different ways to model operational risk using tools and techniques that you can take away with you and apply back in your office.  We take the beginners painlessly into models and challenge the experts.

Auditors and Compliance Teams

We are find an increasing number of leading auditors and compliance experts attending this program. Certified Operational Risk Masterclass has a wonderful reputation of not only taking risk practitioners to the next level but helping Auditors and Compliance units evolve their work. Expand into Risk Based Audit with ease and in applied manner.

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Become a Certified Operational Risk Manager with London School of Business

The latest best practices for managing operational risk shared

Explore and build live models in various tools that can be taken away

Your Facilitator

 Martin Davies 

Martin | CORE @ Causal Capital

Risk Framework Architect

Martin is a Subject Matter Expert in risk management and has been working right across the space of operational risk for twenty years.


He has experience with Basel II, loss incident data, scenario analysis, control assessment as well as the Advanced Measurement Approaches to operational risk capital calculations. Martin has worked with banks from Australia, right through the emerging markets Asia and into the gulf.  Away from the banking sector he has deep experience developing risk frameworks for manufacutring companies that are enterprise wide.

Martin develops risk reporting dashboards and is skilled in building analytics systems for measuring this risk and in this program he will show attendees how to design an interactive heat map, how to assess leading factors that potentially drive loss using Bayesian Networks and Discriminant Analysis.  All of the models Martin develops during the workshop will be open and can be applied in the workplace by attendees after the masterclass is completed.

Some of Martin's clients include:


Bank of America, United Nations, Central Bank of Oman, Royal Bank of Scotland, Mobily, Banque Saudi Fransi, Marfiq Power and Water, Punjab National Bank, Emirates, Bank of China, Asian Development Bank, Saudi Cement, Syngenta, Bursa Malaysia, DST Telecommunications, STC Commonwealth Bank, Toyota and many more ...


Martin specialises in developing risk management frameworks for Financial Institutions, Manufacturing and Utility Companies across the emerging markets. This multi-sector experience gives him wonderful insight to draw best practices from.

Course Facilitator

Customise and build your own training. Request topics by filling out the form and telling us what you would like to see in your masterclass.

We consider all requests and ...

  • We can add topics into the program.

  • We can focus on specific industry case studies if you wish.

  • We can adapt any part of this training to meet your exact needs.

"This masterclass has been one of the most insightful operational risk workshops I have attended"

Head of Operational Risk | Dubai Bank

"Martin walks the class through the entire space of operational risk, every day is so fascinating"

Senior Risk Analyst | Manila Bank

Your Causal Capital Advisors

For more information, please be in touch with any of our Causal Capital Advisors:

Marija Ilievska_cropped.jpg

Marija Ilievska

Professional Development Advisor

+44 20 3289 0466

Course Registation

Brochure Request


Competency training is a new and targetted way to deliver not just knowledge but know how to attendees that maximises their learning.


We lift the technical competency profile of staff so that they can make a true commercial difference to the companies they work for.

Nina Singh | Causal Capital Product Inteligence

Causal Capital has a really strong reputation for delivering quality training programs where participants' learning lasts years after the knowledge transfer has begun.  We develop cutting edge masterclasses that addresses the real business problems our attendees face in their day to day work. Our learning is enjoyable, highly instructive, practical and easy to follow and we lift CV of our candidates to a best practice technical level.

  • All programs are hands onpractical and easy to follow

  • Materials are available in hard and electronic format

  • Attendees gain lifetime membership to portal libraries

  • Technical aspects are explained with real life examples

  • All our programs come with post workshop support

  • Real problem solving ... Bring your business problem along

T: +65 6221 7919 | +65 6221 7939



105 Cecil Street, #16-00, The Octagon Suite 1610, Singapore 069534

Registerd Company No.: 200619120E

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