Modi'in, Israel (PressExposure) April 02, 2009 -- The credit & liquidity crisis and the financial meltdown which engulfed the world in the closing months of 2008 was the result of a massive failure in Operational Risk Management. However there are many lessons to be learned from these unhappy events.

CITADEL ADVANTAGE is offering a new training course in both New York City and San Francisco this coming June that has been specifically designed to help bankers and their staff to understand these recent events, the lessons that have been learned from them and how a bank will be able to benefit from this knowledge.

This two-day course, “RISK MANAGEMENT LESSONS FROM THE 2008 CRISIS – THE CHANGING FACE OF OPERATIONAL RISK” focuses on the actual events of 2007-2008 and shows how a failure in Operational Risk Management fueled the subsequent credit & liquidity crisis and the financial meltdown. This course will show how an appropriate Operational Risk Management approach could have avoided the crisis. More importantly it will show what needs to be done to ensure that these events are not repeated in the future.

This course is intended to move participants beyond the international compliance requirements for operations risk (such as contained in Basel II), and into an understanding of operations risk management and mitigation as a value added proposition, so increasing the bank’s profitability and structural strength. The course is being held in New York City on 22 & 23 June 2009 and in San Francisco on 25 & 26 June 2009.

Packed with case studies this is a “must” Risk Management Course that will help you develop the right strategies to mitigate the risks in light of the global financial crisis. The course is intended for Risk Managers, Senior Executives, Operations Managers, Business Managers and Consultants and other professionals serving the financial services industry.

Full information on these events by dropping an e-mail to courses@citadeladvantage.com

About Citadel Advantage Ltd

About Citadel Advantage Ltd

Citadel Advantage offers a wide & comprehensive range of professional courses and training for commercial and central banks in the areas of; Operational Risk Management (for Basel II and for back-office risk mitigation), Specific Operational Risk Management areas including Business Continuity Planning, Anti Money Laundering & Payment Systems, and Liquidity Management.

Full details regarding Citadel Advantage may be obtained at http://www.citadeladvantage.com/index.htm

Press Release Source: http://PressExposure.com/PR/Citadel_Advantage_Ltd.html