Details
Fundamentals Of Risk Management
Duration: 2 DaysLearning Outcomes / Benefits
- Understand the importance of risk management
- Identify risk categories
- Identify causes and types of risk in banking and financial institution
- Understand the components of risk management framework
- Practice the 3 steps of risk management
- Understand the risk management failure
Key Contents
Module 1: Introduction To Risk And Risk Management
- Risk definitions
- Risk management responsibilities
- Activity: Ice breaker, warming up to risk management
Module 2: The Importance Of Risk Management
- VUCA complexities
- Stakeholder expectations
- Decision making
- Organizational resilience
Module 3: Risk Categories
- Hazard risk
- Project risk
- Opportunity risk
Module 4: Causes Of Risk
- The various disruptions
- Risk impact
- Activity: Case study
Module 5: Types Of Risk
- Risk at the macro level
- Risk at the micro level
- Activity: Types of risk
Module 6: Key Risks In Banking Business
- Credit risk
- Market risk
- Operational risk
- Activity: Group discussion - identification of operational/potential risk and its impact
Module 7: Risk Management Framework And Process
- Components of a risk management framework
- ISO31000 - Risk management process / The organization's operational risk framework
Module 8: Risk Assessment
- 3 steps of risk assessment
- Risk assessment tools
- Activity: Group discussion - assessing and evaluating risk
Module 9: Managing Risk
- Risk control measures
- Reflect on how risk is currently managed
- Activity: Reflection on current practices and challenges, the strategy game
Module 10: Risk Management Failure
- Common flaws
- Impact on the organization
View more about Fundamentals of Risk Management on main site