Professional Certificate

Conduct Risk, Culture and Operational Risk Management

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  • Duration
  • 1 trimester
  • Programme
  • 2 modules
  • Study
  • Online
  • Fees
  • From €520 p/module
  • Level
  • NFQ 8, 15 ECTS
  • At a glance

    The programme is a unique and specialist risk management programme for those working in the banking industry. The programme was designed in conjunction with operational risk and conduct risk professionals working in banking, this Certificate is the benchmark operational risk management and conduct risk management qualification for the banking industry in Ireland.

    Awarding Body

    University College Dublin

    Propel your career

    The programme is a progression for individuals who have completed the Professional Diploma in Financial Advice, who are designated Qualified Financial Advisers (QFA), and also individuals who have completed the Professional Certificate or Diploma in Compliance.

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    PRMIA

    PRMIA and the PRMIA Global Operational Risk Manager Certificate

    PRMIA is a global brand in risk management education with more than 50,000 members worldwide. Over 2,400 companies employ PRMIA designates, demonstrating that employers around the world realise that PRMIA’s education programmes equip participants with the specialised knowledge and skills necessary to succeed in the dynamic banking industry. PRMIA is active in nearly every major financial centre worldwide with members in over 65 countries.

    Award

    Upon successful completion of the programme, participants will be awarded the Professional Certificate in Conduct Risk, Culture and Operational Risk Management by UCD. This is a level 8 qualification on the National Framework of Qualifications and carries 15 ECTS.

    Participants can then apply directly to PRMIA, at no additional fee, to be awarded the globally recognised PRMIA Operational Risk Manager Certificate. Completing this programme will allow participants to stand out among their peers, providing participants with a competitive advantage with colleagues, clients, and prospective employers by developing the necessary skills and experience needed to succeed in today’s dynamic work environment.

    The PRMIA Global Operational Risk Manager Certificate is recognised as the industry standard for Operational Risk. You can find more details here


    Who is this programme for?

    The programme is designed to provide a deep and practical understanding of the key operational risks and conduct risks facing financial services professionals in Ireland today and the tools to identify, measure and mitigate those risks to improve business performance.

    The programme is relevant to holders of the QFA, holders of the Professional Certificate or Diploma in Compliance, banking compliance and risk professionals, financial institutions’ frontline staff, retail business centre and corporate banking staff, financial institutions central functions risk and compliance professionals including;

    Compliance, Operational risk, Internal Audit, Credit review, Legal, Finance, Technology, Change Management. Credit Union Board compliance and risk committees and Credit Union managers and staff, Regulatory bodies, auditors, accountants, lawyers, stockbrokers, business consultants and other professionals who provide risk management advisory services.

    How will you benefit

    This specialist programme will provide you with the skills to:

    • Explain the key risks facing banks in Ireland and discuss the strategies to manage them

    • Outline the components of risk management frameworks and advise colleagues and management on their application

    • Evaluate risk MI including Key Risk Indicator (KRI) data and trend analysis and communicate clearly relevant insights to the appropriate stakeholders in an appropriate format and timely manner

    • Independently apply the learning skills developed on this programme to advance your professional and personal career ambitions

    • Review CBI, ECB, and other relevant sources for advances in best practice in banking risk management practices, and advocate for their adoption within your work environment as appropriate.

    Continuous Professional Development

    If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.

    Delivery

    Online.

    Assessment

    Operational Risk Management Practices module is assessed by:

    • MCQ continuous assessment - 10%

    • An end of trimester two-hour written exam - 90%

    Banking Risk Management Framework, Culture and Conduct Risk module is assessed by:

    • Continuous assessment - 30%

    • An end of trimester two-hour written exam - 70%

    IOB programmes are largely delivered and assessed online. Students should ensure they have appropriate equipment (laptop), and that appropriate software (including MSOffice: Office and Word) is available to them to participate in the programme and related assessments (continuous assessments and exams).

    Award

    When you successfully complete this programme you will be awarded the Professional Certificate in Conduct Risk, Culture and Operational Risk Management by UCD.

    This is a special purpose award and a level 8 qualification on the National Framework of Qualifications.

    Progression

    The Professional Education Framework is a flexible education pathway that provides learning and development opportunities wherever you are in your career. You can access the framework at any step to take specialist qualifications depending on your career and learning need. Please click here to view the 2024/25 portfolio of programmes.

    Fees

    • Operational Risk Management Practices €625

    • Banking Risk Management Framework, Culture and Conduct Risk €520

    Next intake

    • Summer Trimester 2025 - (Assessment in September 2025)

    Trimester start date

    • 28 May 2025

    Closing date

    • 16 May 2025

    This programme enrols three times a year. To see other enrolment dates in the 2024-25 academic year, please click on Key Dates.

    Contact us

    For more information please contact the Programme Manager Calum Conneely at education@iob.ie

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