Advanced Enterprise Risk Management

This is a advanced level training course and delegates should have previous experience in the risk arena. Delegates should have a good educational standard and/or a professional qualification but no advance preparation is required.

The delivery method will Group-live - with exercises and role-plays to simulate audit scenarios and situations that assurance professionals will encounter. A short examination will be given at the end of the training course.

After completing this Enterprise Risk Management training course you will be able to:

• Implement appropriate and varied techniques for the identification and assessment of risks
• Generate measurable value by aligning the Enterprise Risk Management (ERM) framework with corporate performance expectations
• Engage the Board in the analysis of enterprise risk scenarios
• Foster a culture that reinforces appropriate risk-taking to balance value creation and value protection
• Clarify Enterprise Risk Management (ERM) accountabilities of all employees from executives to the front line
• Implement Key Risk Indicators (KRI’s) for each line of business
• Enhance achievement of corporate objectives by linking performance targets, and risk management actions

• Chief Risk Officers
• Risk Managers
• Managers and Directors responsible for the risk management function or process
• Heads of Internal Audit
• Heads of Assurance Functions
• Senior Finance Professionals

Organisational Impact

This training course will benefit organisations in all business sectors. It will provide advanced tools and techniques to refocus the risk process towards business materiality with each risk being evaluated and compared by it’s financial, legal, reputational, and regulatory impact, and classified by the effect they could have on the business.

This Enterprise Risk Management training course will enable organizational knowledge to be enhanced in the following areas:

• The many and varied approaches for risk identification
• The use of sophisticated techniques such as Delphi, Monte Carlo and Bayesian network analysis
• Key Risk indicators
• How to energize your staff to manage risks
• Enterprise Risk Management (ERM) in projects

Personal Impact

This Enterprise Risk Management training course will enable delegates to enhance their personal knowledge in the following disciplines:

• Risk register effectiveness
• Driving risk ownership
• Developing decision-making and communicative skills
• Coordinating the ERM process
• Challenging risk evaluations
• Engaging top management in the ERM process