Enterprise Risk Management – Bringing it to Life by Turning Theory into Practice

12:30pm Wednesday, 2 February 2022
2:00pm Thursday, 10 February 2022
Professional Development Course

Enterprise Risk Management – Bringing it to Life by Turning Theory into Practice

An RMIA Virtual Course in partnership with The Protecht Group.

About

Enterprise Risk Management (ERM) is all about managing the full range of enterprise risks in a consistent, common, and integrated way so as you deliver a complete aggregated view of risk across the organisation. The key is moving from a siloed, risk and business area centric view of risk to one that is truly enterprise wide. 

This course provides the complete jigsaw puzzle that is ERM, covering in a practical way, the elements that make up a strong ERM capability from Governance, People and Culture, Escalation and Reporting and Continuous Improvement, through to a focus on all of the typical systems and processes that need to be in place. These include Risk Assessment, Risk Metrics, Incident Management, Controls Assurance, Issues and Actions Management and Compliance. The course will build an ERM ecosystem that sets out the complete picture of practical ERM to enable you to develop a blueprint in order to benchmark your current framework and capabilities and assist you in developing your strategy for your Enterprise Risk Management going into the next decade.

 

Course Overview

1.     WHY?

  • Clearly defining and articulating the objectives, purpose, uses and value add of ERM
  • Moving Risk Management from Hindrance to Outcome Management as an Enabler

 

2.     WHAT?

  • Having a clear understanding of risk and controls, their components and types.
  • Using Risk Bow Tie Analysis
  • Creating a strong risk taxonomy of risk and control libraries

 

3.     HOW?  Enterprise Risk Management Framework

  • The overall ERM ecosystem / framework. The “jigsaw”
    • Integrating with, and linking to, Strategy and Objectives
    • The importance of linking through critical processes
    • The key parts of the framework
  • Framework components
    • Governance
    • Processes and Systems
    • People and Culture
    • Escalation, Reporting and Response
    • Continuous Improvement

 

4.     How? Governance

  • Risk Appetite
  • Three Lines Model
  • Frameworks and Policies
  • Roles, Responsibilities and Accountabilities

 

5.     How? Processes and Systems

  •  Risk Assessment and stress testing
  • Incident Management
  • Risk Metrics
  • Issues and Actions
  • Controls Assurance
  • Compliance

 

6.     Escalation, Reporting and Response

  • Dynamic and Integrated Risk Reporting and Analytics
  • Using for Assurance and Early Warning
  • Using for Decision Making

 

7.     Continuous Improvement

  • Issues and Actions Management
  • Risk Treatment

 

8.     WHO?

  • Everyone’s a Risk Manager
  • Risk Culture
  • Roles, Responsibilities, Accountabilities and Ownership

 

9.     Where to Next?

  • Maturing your Risk Management Framework
  • Areas of focus
  • Keys to success

 

Format of the Course

This course is delivered in an entirely online COVID-Safe format. This event is offered as 4 x 90 minute live sessions (total 6 hrs) over 4 days via GoToTraining online.

 

About Your Trainer: David Tattam, Chief Research & Content Officer, The Protecht Group

David Tattam is the Chief Research & Content Officer and co-founder of the Protecht Group. David’s vision is to redefine the way the world thinks about risk and to pioneer the development of risk management to its rightful place as a key driver of value creation in each of Protecht’s clients. David is the driving force behind Protecht’s risk thinking, pushing risk management to the frontiers of what is possible. He is also focused on driving the uplift of people risk capability through training and content.

David is passionate about risk and risk management and in reaping the value that risk and good risk management can create for any organisation willing to embrace it. He is particularly passionate about risk management research and is prolific in creating a wide range of content delivered in blogs, ebooks, webinars and training courses. He has developed Protecht’s comprehensive suite of  risk management training courses and has, and continues, to train many thousands of risk practitioners across the globe. David also manages Protecht’s consulting business offering a range of risk consulting capabilities from Risk Management Framework to Risk Appetite Statement development.

He is also the author of "A Short Guide to Operational Risk".

 

Course Details

DATES & TIMES - THE SESSIONS:

Session 1          12:30pm - 2:00pm AEDT on Wednesday, 2 February 2022

Session 2          12:30pm - 2:00pm AEDT on Thursday, 3 February 2022

Session 3          12:30pm - 2:00pm AEDT on Wednesday, 9 February 2022

Session 4          12:30pm - 2:00pm AEDT on Thursday, 10 February 2022

AEDT = UTC +11:00 Daylight Savings

LOCATION: GoToTraining for all 4 Sessions

PRICE: $715.00 incl.GST for Members

$858.00 incl. GST for Non-Members

CPD: 12 points

When you register for this course you agree to the RMIA passing your registration details onto our Training Partner, The Protecht Group.

For Group Bookings please email events@rmia.org.au or call 0430 157 508.

The time on your ticket when issued is the RMIA server timezone and may differ to the time of the event in your timezone. Please check this registration page for correct TIMEZONE and ACTUAL SESSION TIMES. 

Registration for each session will close 24 hours prior to the event when final Zoom invitation details will be sent, we cannot guarantee receipt of the Zoom invitation details after this time.

 H95600
Sold Out

Contact Information

events@rmia.org.au