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NEW: Advanced Enterprise Risk Management: The Dublin Masterclass

Course Overview

This masterclass takes the content of our three most popular and practical courses: the fundamentals of risk management (FoRM) and embedding risk management (ERM) and brings them into a tailored masterclass of risk management essentials. You will gain broad and deep understanding of risk management. The masterclass will be delivered over 3 intensive days.

On Day one you will be introduced to risk management; what it is, the framework, examining the risk processes and covering the context and vocabulary of risk management. In the afternoon focus on the importance of Objective setting and how & why Culture works in an organisation.

Day 2 will focus on the operational sections of a risk framework including: Risk Identification & Assessment, Risk responses & resilience to handle change.

On Day three you will delve into the tricky area of risk appetite & tolerance and finish up with risk Assurance which is how the organisation’s stakeholders get comfortable with the robustness of the risk framework in your organisation.


Course Dates

Date Duration CPD  Location Members Non-members Book Now
12-14 May 2020 3 Days 18 Hours Dublin - TBC £1,200 £1,300 Book now >

Please note: payment must be made in £GBP Sterling.  

For all enquiries please contact the training team on +44 (0)20 7709 9808 or at training@theirm.org

 Join the training mailing list to be informed about future dates


Agenda

Day Morning Afternoon
1

Context of risk management 
Risk vocabulary 
Risk standards / regulation & governance 
The five stages of a risk management framework:

  1. Objectives
  2. Appetite
  3. Risk identification & assessment
  4. Risk Responses 
  5. Risk assurance

Objectives: Importance of understanding organisational objectives (risk is the effect of uncertainty on achievement of objectives). Breaking Objectives down into Drivers and KPIs so they can be mapped to risk indicators (KRIs).

Risk Culture: How Culture influences the risk maturity of an organisation. Examination of the Culture model and personal Biases & Behaviours.

In this segment we will examine how to best use risk workshops in your organisation taking on board the individual personalities in a team

2

Risk Identification & Evaluation:

  • External Stakeholder and Front-to-back models to comprehensively identify risks.
  • Use of bow-ties and fishbone models to understand risks
  • As well as diving into the classic Impact/Likelihood model to also introduce a Control Effectiveness model

Risk Responses:

  • What controls and initiatives should be in place to respond to risks.
  • Creating a mini-business case to support new controls

Resilience assessment to understand the capacity of the organisation to take on new controls.

3

Risk Appetite:

Understanding the differences between: Appetite, Tolerance, Capacity and Universe. Methods to create Appetite statements that are effective at both a strategic and operational level (defining “expected” so everyone in the organisation can “spot deviations from the expected”).

Risk Assurance:

  • Identification of stakeholders who (a) need and (b) provide assurance
  • Techniques including important roles and 3 lines of defence.
  • Role of Audit in assurance
  • Forward looking assurance – horizon scanning and blue sky thinking.

Download a printable version of the agenda


Trainer: John Crawley, FCCA FIB CIRM CMC MiFT

 

High-impact contributor with extensive experience in a range of disciplines including Finance, Risk Management, IT, HR, Strategy, Asset Management, Boardroom management and Business transformation, among others. Well respected professional with 13 years’ expertise in running as well as advising businesses in private and public sectors. Currently performing in the role of financial and risk advisor to a number of organisations and an expert trainer for the Institute of Risk Management globally.

An out-of-the-box thinker with a proven ability to devise wide-ranging solutions for resolving complex businesses issues including stakeholder disputes, risk management framework issues, financial restructing, etc.

Proven track record in creative a top-notice finance and risk management infrastructure that partners the organisation by providing decision support and reliable management information in a cost-effective and controlled environment.