Operational risk in practice and NBE expectations

Module 03 / 5 · 60 min

Report incidents, record loss events, track key risk indicators and keep the bank running, then see what the NBE expects of every bank's risk framework.

In this module you will learn to

Report and escalate an incident correctly and on time
Classify loss events and read a loss log
Set and read key risk indicators with green, amber and red thresholds
Explain business continuity, cyber and data protection duties in daily work
Summarize the NBE's main expectations of a bank's risk framework

Built on

Erudite Africa course specification: 4.b Risk Management Framework, Levels 1 and 2 (October 2026)
Erudite Africa: Training Module, Ethiopian Context, programme overview and regulatory register (October 2026)
NBE Risk Management Guidelines (May 2010)
NBE directives as listed in the lessons: SBB/87/2024, SBB/88/2024, SBB/90/2024, SBB/91/2024, SBB/93/2025, SBB/95/2025, SBB/96/2025, FXD/01/2024, NBE/INT/13/2026
National Bank of Ethiopia Proclamation No. 1359/2025; AML/CFT Proclamation No. 780/2013 and Personal Data Protection Proclamation No. 1321/2024 (as reported)
International frameworks: COSO ERM (2017), ISO 31000, Basel Core Principles for Effective Banking Supervision

Examples and organizations are fictional. Apply your own organization's approved policies.