The document outlines a framework for operational risk management emphasizing the identification, assessment, and mitigation of risks through various strategies. It highlights six key strategies, including risk assessment, process improvement, controls implementation, employee training, and monitoring and reporting, to enhance organizational resilience. By adopting these strategies, organizations can effectively manage operational risks and ensure their long-term success.

1. Operational
Risk
Management
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2. RTCompliance

3. Risk Identification
1 Thoroughly identify operational risks by
analyzing internal processes, systems, and
external factors that could impact business
operations
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4. Conduct comprehensive risk
assessments to evaluate the
severity and likelihood of
identified operational risks,
prioritizing them based on their
potential impact
Risk Assessment
2
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5. Process
Improvement
Implement process
improvement initiatives to
streamline operations,
enhance efficiency, and
reduce the likelihood of
operational failures
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3

6. Controls Implementation
4 Establish robust internal controls to mitigate
operational risks, including segregation of
duties, access controls, and regular audits
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7. Provide regular training to
employees on operational
risk management practices
and raise awareness about
potential risks associated
with their roles
Employee
Training
5
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8. Monitoring and
Reporting
Implement monitoring
mechanisms to track
operational risks and their
effectiveness in mitigating
them. Regular reporting to
management ensures visibility
and informed decision-making
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9. Conclusion
By implementing these six key strategies,
organizations can effectively mitigate operational
risks, enhance operational resilience, and
safeguard their long-term success

10. THANK
YOU
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