Enterprise Risk Management Course
INTRODUCTION
As a Business Owner, Board Member, CEO, HODs, Senior Manager and any other key staff manage an organization, what are the Risks and Exposures facing your organization? Have you put in place any mitigating measures? How do you identify these risks and put in mitigating measures? What are the red flags? What exactly is your role?
Understanding your organization’s risks and exposures, and acquiring skills to mitigate these risks is not an option for any Director or Senior Manager. While the ultimate responsibility of ensuring that the organization has identified risks and instituted measures to mitigate such exposures rests with the board, establishing an effective risk management framework is an essential and critical part of the management function;- senior managers must acquire an understanding of these risks as a basis of ensuring that boards comply with this requirement. This way, management is able to help boards to comply with this important requirement of establishing an effective risk management framework. Furthermore, identification of risks and putting in place mitigating measures is not the function of Internal Audit or Risk Managers; - while these functions have a key role in facilitating and guiding in Risk Management process, functional organizational players have the basic responsibility of identifying risks relevant to their areas of operation, and establish mitigating strategies against them by firmly embedding sound risk management practices across all the organization functions.
DURATION
5 Days
WHO SHOULD ATTEND?
- Compliance Officers/Managers
- Information Security Managers
- Records Managers
- Information Managers
- Operations Managers
- Knowledge Managers
- Administrators
COURSE OBJECTIVES
At the end of this IRES training seminar, you will learn to:
- Perform Risk analysis of a set of financial statements;
- Establish the purpose of Risk management;
- Discover the role of Risk in short-term financial planning;
- Explain the relationship between risk and return on an investment.
TOPICS TO BE COVERED
- Demystifying Enterprise Risk Management-Evolution, Risk Management Concepts and Frameworks
- Risk Management , Strategic Planning and Governance
- Internal Controls and Risk Management.
- Identifying and Assessing Organizational Risks.
- Establishing and Formalizing Risk management Framework.
- Planning and conducting a detailed risk assessment.
- Risk Management strategies.
- Detecting, Investigating and preventing fraud using Risk Management Systems.
- Biases and Risks in Decision Making
- ERM Ownership- Role of Internal Audit, Functional Managers in Risk Management.
- Role of Board and Audit committee in risk management.
- Embedding a culture of Risk Management in the organization.
Enroll for this Course
We are proud to offer this course in a variety of training formats to suit your needs.
Benefits of Taking a Course at IRES
LEARN
Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.
NETWORK
Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.
GROW
Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.
FAQs & Course Administration Details:
Who else has taken this course?
| # | Job Title | Organisation | Country |
|---|---|---|---|
| 1 | Internal Audit Manager | Kenpipe Sacco Society Limited | Kenya |
| 2 | Internal Audit Manager | Kenpipe Sacco Society Limited | Kenya |
| 3 | Internal Audit Manager | Kenpipe Sacco Society Limited | Kenya |
| 4 | Senior Principal Banking Officer | Bank of Uganda | Uganda |
| 5 | Internal Audit Manager | Kenpipe Sacco Society Limited | Kenya |