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FRM Part 2 - Book 3 - Operational and Integrated Risk Management

AnalystPrep via YouTube

Overview

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Master operational and integrated risk management concepts essential for the Financial Risk Manager (FRM) Part 2 examination through this comprehensive video series spanning 5 hours and 45 minutes. Explore the identification, measurement, and mitigation of operational risks while developing expertise in integrated risk management frameworks that emphasize cohesive risk governance and robust risk culture development within financial institutions. Dive deep into risk governance structures, risk appetite frameworks, and information risk management while learning to validate rating models and implement risk capital attribution methods. Examine stress testing methodologies for banks, understand the regulation of OTC derivatives markets, and analyze capital regulation evolution from pre-crisis standards through Basel III reforms and post-crisis implementations. Study operational resilience building strategies, particularly focusing on the UK financial sector's approach to maintaining operational continuity. Gain practical insights into risk-adjusted performance measurement techniques and data quality management systems that support effective risk decision-making. Build comprehensive knowledge of regulatory frameworks including Basel III finalizing reforms and their impact on modern financial institutions' risk management practices.

Syllabus

Introduction to Operational Risk and Resilience (FRM Part 2 2025 – Book 3 – Chapter 1)
Risk Governance (FRM Part 2 2025 – Book 3 – Operational Risk and Resilience – Chapter 2)
Implementing Robust Risk Appetite Frameworks to Strengthen Financial Institutions (FRM P2–B3–Ch4)
Information Risk and Data Quality Management (FRM Part 2 2025 – Book 3 – Chapter 9)
Validating Rating Models (FRM Part 2 2025 – Book 3 – Chapter 10)
Risk Capital Attribution and Risk-Adjusted Performance Measurement (FRM Part 2 – Book 3 – Ch 12)
Stress Testing Banks (FRM Part 2 2025 – Book 3 – Chapter 15)
Regulation of OTC Derivatives Market (FRM Part 2 2025 – Book 3 – Chapter 18)
Capital Regulation Before the Global Financial Crisis (FRM Part 2 2025 – Book 3 – Chapter 19)
High-level Summary of Basel III Reforms (FRM Part 2 – Book 3 – Chapter 21)
Basel III: Finalising Post-Crisis Reforms (FRM Part 2 2025 – Book 3 – Chapter 22)
Building the UK Financial Sector’s Operational Resilience (FRM Part 2 2025 – Book 3 – Chapter 25)
CFA® Exam, FRM® Exam, and Actuarial Exams Video Lessons offered by AnalystPrep

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