62 Queen Street, London

Change Management: Operational Risk Assessment of Change

We are delighted to invite you to participate in our interactive, practical workshop focusing on Change Management, hosted by PSD and Helen Pykhova, Director of The OpRisk Company.

Helen is a practitioner with over 20 years' experience in financial services, and is well known in the industry as a respected Operational Risk Trainer and Director of the Institute of Operational Risk, responsible for the Institute's Educational portfolio.  

Change management is one of the 11 key principles mandated by the Basel Committee for the sound management of operational risk. In the review of how 60 systemically important banks in 20 jurisdictions have implemented the 11 principles, change management scored the lowest.

The subject is of particular importance now, in the age of regulation, when so much change is driven by the new regulatory requirements.

You decide: have we mastered the operational risk management side of change?

The workshop will commence with a short introductory talk, followed by group work and presentation of findings on: 

  • How to define the thresholds above which the 'change' must undergo a risk assessment;

  • What tools are best suited to assess how 'risky' the change is;

  • How to transition risk ownership upon completion of the change programme into BAU;

  • Too much change overall? How to assess the aggregate impact of change on the risk profile of the firm.

This will be followed by drinks and canapes from 5.30pm.

If you are interested in attending the workshop, please consider these questions in advance and come prepared to share your experience, practical tips and hints, and what works well and what doesn't, in order to have a productive session.

When: Thursday 28th June 4pm for 4:30 start, 6pm close

Where: PSD Group Head Office, 62 Queen Street, London, EC4R 1EB

Register here for your free place in the event.

I do hope you will be able to join us for what I know will be a thought provoking and informative event.

 Publication Date: 23/05/2018