Effective Risk Management Oversight for Boards Secretariat & Executives

Introduction
Organizations must have solid risk management best practices in place in order to deliver
services within specified time frames, budgets, and quality requirements. Proactive risk management allows decision makers to optimize results by implementing proven tools to plan for both threats and opportunities. Since the global financial crisis, corporate board members and senior staff have been under pressure to enhance their understandings of risk management.

In the UK this has been formalized into law through the Corporate Governance Code, and similar measures are taking root across the globe. In particular, non-executive directors are now required by most large institutions to demonstrate some understanding of risk management in order to
undertake oversight responsibilities.This workshop is designed to help you understand how to respond to this challenge.

Course Content

• Overview of risk management
  - Key risk terminology
  - Benchmarking your institution’s risk management effectiveness and 
    quality to that of competitors
• Risk management planning
• Risk identification tools & techniques
  - Overseeing risk and credit risks
  - Implementing risk response strategies
• Five factors that lead to successful projects

Learning Outcomes

• Gain a better understanding of the role of directors and senior executives in overseeing, understanding and leveraging risk management
• Apply scalable templates for risk management plans, risk registers and risk assessment matrixes for initiative and function of the core risk areas: credit, market and operational
• Understand these risk exposures in relation to the company’s overall core business operations
• Learn how information from these functions should be reported.
• Gain a better understanding of the primary questions to ask of risk management heads during the oversight process