Introduction to Operational Risk and Resilience - FRM Part 2 2025

Learn essential concepts of operational risk management and resilience in this FRM Part 2 certification preparation video, covering Basel II event risk categories, operational risk frameworks, and regulatory expectations. Explore the fundamentals of operational risk definition, system failures, and risk management processes while developing skills to assess various risk types within management frameworks. Master the elements of operational resilience, including impact tolerance levels, disruption management, and governance structures. Gain practical knowledge about identifying operational loss events, understanding risk characteristics, and implementing effective risk management strategies. Designed for financial risk management professionals preparing for the FRM Part 2 exam, this 39-minute lecture provides comprehensive coverage of Chapter 1, Book 3 material, delivered by GARP-Approved exam preparation provider AnalystPrep.