Managing Operational Risk in Financial Institutions

EQF Level 5

Managing Operational Risk in Financial Institutions is a higher-level pathway for risk professionals who may have achieved Operational Risk as part of the Investment Operations Certifiate (IOC) or for practitioners who are looking to increase their knowledge in the discipline. 

The qualification will equip you with the knowledge and practical techniques to be able to investigate an operational risk incident, manage operational risk in the long term, model appropriate behaviours to support operational risk management in the workplace, and effectively recommend and contribute to measures to enhance the operational risk culture and operational risk management in the workplace.


It is suitable for practitioners in risk, compliance, and investment risk control, including Risk Controller, Risk Manager and Risk Modeller.


Syllabus summary

• Fundamentals of business models and associated business risks in financial institutions

• Fundamentals of financial risk in financial institutions

• Operational risk in financial institutions

• Organisational considerations in operational risk management

• Management of operational risk in financial institutions

• Application of the risk management process

• Operational risk incidents: an investigation

• Regulation of operational risk

• Supporting operational risk management in the workplace 

Awarding Body:

Chartered Institute for Securities & Investments

Study Hours:

140 hours


A one hour 45 minute, 70 multiple-choice question exam

Additional Info:



Newsletter Signup
Stay Connected
Please click on the “Sign Up” button to stay updated with all ifs Malta developments
ifs Malta is a not-for-profit professional body.
It is licensed to deliver and award further and higher education programmes
by the National Commission for Further and Higher Education (NCFHE) bearing license No. 2013-FHI-017

Institute of Financial Services – Malta, 60, G’Mangia Hill, Pieta’ PTA 1316
T: 21 240 335 E:

Copyright © 2011 ifs - Malta | Web Design by Untangled Media | About Us | Qualifications | Seminars | EU Projects | Memberships | Partners | News & Events | CB MBA | Contact Us