Level 6 Managing Operational Risk & Governance (MOPR)

Professional qualifications

Level 6 Managing Operational Risk & Governance (MOPR)

Explore how banks achieve business objectives, enhance stakeholder returns and meet client expectations through effective operational risk management.


This qualification is now closed for new students to register online. However, if you’re an existing banking student and you wish to register, you will have until April 2025 complete your studies.If you have any questions or would like to register, please contact our customer services team on 01227 818609 or email customerservices@libf.ac.uk.

About the qualification

Operational risk has been transformed by Covid but as a leader in banking and finance, you have to embrace change.

That means, if you’re a senior financial professional – from mid-management to board level – you need a solid understanding of how to stay ahead and manage operational risks as they evolve.

MOPR covers fraud, system failures, security breaches, model risk, legal and reputational risk – along with the legal obligations that banks must meet.

You'll learn from a selection of life-like scenarios that demonstrate the practical elements of risk management within a contemporary bank. You'll discover how to manage operational risk to increase business performance in the current macro-economic environment and build your knowledge of best practice in bank governance.

On this programme, you’ll learn online from industry practitioners to gain the practical skills you need to manage operational risk and add value to your bank.

While studying with us, you’ll become a Member of The London Institute of Banking & Finance (MLIBF), receiving benefits including careers support and access to professional networking events. 

Your studies will cover

  • Identify and understand the implications of operational risk in banking
  • Evaluate the key operational risk regulations that banks must adhere to and justify the best practice they should observe
  • Evaluate and make recommendations of how operational risk should be managed to enhance the operational performance of a bank
  • Analyse and evaluate technological and cyber risks that banks face
  • Evaluate the importance of banks putting in place appropriate governance structures to ensure transparent risk management and decision making to promote public confidence in the banking system
How much does it cost? £655 – includes your study materials and coursework
Average time to complete? Six months
Number of units  One
How will I be assessed?  Coursework. View the assessment section for further details

Once you’ve passed you’ll receive a digital certificate. A paper copy can also be ordered for an additional fee.
What study materials do I get?

As part of your fee, you’ll get: 

  • tutor-led supported forum
  • online study materials
  • a study planner
  • the unit syllabus
  • specimen paper
  • videos and audio learning materials
  • live and recorded webinars
  • access to our virtual library KnowledgeBank

You will be learning on our new VLE Brightspace, click on the logo to find out more.

How will I study? Everything is online, you'll follow a structured timetable.
Regulation Registered with Ofqual in the Regulated Qualifications Framework (RQF) 



MOPR consists of one unit.

Unit 1 – Managing Operational Risk and Governance (MOPR)

  • Definition of operational risk and how it fits into the wider 'risk governance framework'
  • Overview of the key operational risks that banks face
  • How to manage operational risk from a business perspective
  • The business performance implications for poor operational risk management
  • Operational risk regulation and measurement
  • Operational risk evaluation, including improving capability, risk control and mitigation
  • Risk prioritisation, assessment, management, reporting and recovery
  • IT risk management, including IT failure and cyber risks
  • Bank corporate governance frameworks, including the role of the board of directors, risk committee and other lines of defence
  • Board composition and remuneration.


You can register for one of the following study sessions throughout the year:

Details Date 
 Registration deadline   30 April 2024
 Course start date   07 May 2024  
 Coursework release date    15 July 2024
 Coursework deadline   23 September 2024  

Details Date 
 Registration deadline   28 October 2024
 Course start date   04 November 2024  
 Coursework release date    13 January 2025
 Coursework deadline   24 March 2025


Assessed through a single written assignment of 3,000 words.

You will have six months from your course start date to complete the unit and submit your coursework. Coursework will be submitted electronically through the course site MyLIBF.

Your first attempt is included in the registration fee.


Request further information