Our Courses

Enterprise Risk Management

Enterprise risk management is the process of planning, organizing, leading, and controlling the activities of an organization in order to minimize the effects of risk on the organization’s capital and earnings. It includes the methods and processes organizations deploy to manage risks, maximize opportunities and achieve the objectives of the organization. Enterprise risk management expands the risk management process to include not just risks associated with accidental losses, but also financial, strategic, operational, and other risks.

This Enterprise Risk Management training programme has been developed so organizations can identify and proactively address risks and maximize the opportunities available to them. They can therefore create tremendous value for all stakeholders, including owners, employees, customers, regulators and the society as a whole.  Participants will learn how to design and implement an appropriate Enterprise Risk Management System including policies, procedures and practices as well as to benchmark their ERM practices against approved/international standards.

Knowledge Development Objectives

This Enterprise Risk Management Programme is designed to provide participants with the necessary knowledge and skill set to understand the risk management processes and explore the benefits of ERM.

Participants will learn how to:

  • Comply with the requirements for corporate governance
  • Align risk appetite with strategy
  • Enhance risk response decisions
  • Reduce operational risk and losses
  • Identify and manage multiple and cross-organizational risks
  • Provide integrated responses to multiple risks
  • Improve the deployment of capital
  • Understand the crucial role of a responsible management philosophy in controlling risk
  • Provide focused information media which will provide the catalyst for effective risk control in their organizations
  • Build an experienced and well motivated operational risk team
Course Content
  • Overview of Enterprise Risk Management
  • International Risk Management Frameworks
  • ERM and Corporate Governance
  • Setting objectives for ERM
  • Establishing the ERM process and systems
  • The COSO ERM Framework
  • Risk assessment and management
  • Operational auditing of ERM
  • Practical implementation of ERM
  • Goals of an ERM Programme
  • Typical Risk Functions
  • Common Challenges in ERM Implementation
  • Internal Audit Role
  • ERM in companies: Banking, Oil and Gas and Insurance
  • Current Issues in ERM
  • Sarbanes-Oxley Act requirements
  • NYSE Corporate Governance Rules
  • ERM and Corporate Debt Ratings
  • ISO 3100: the new International Risk Management Standard
Who Should Attend

Risk Managers, Relationship Managers and Auditors/Internal Control Officers.