1 day course: How can Risk Management improve your results?

800.00

What is risk management and why should you care? How do you identify risks and how to handle them? How can risk management improve the business and my results? How to manage control design and delegation? These are some of the questions that will be answered during our course: How can Risk Management Improve your Results?

This one day course is for department managers who are eager to learn how risk management can help improve results, management communication, security as well as personal success and performance objectives.

N.B.: Limited number of seats: Only 20 seats. Claim your spot here.

Clear
SKU: CP002 Categories: ,

Description

One day course for department managers

What is risk management and why should you care? How do you identify risks and how to handle them? How can risk management improve the business and my results? How to manage control design and delegation? These are some of the questions that will be answered during our course: How can Risk Management Improve your Results?

This one day course is for department managers who are eager to learn how risk management can help improve results, management communication, security as well as personal success and performance objectives.

N.B.: Limited number of seats: 12-20. Claim your spot here.

Do you recognise any of these frustrations in relation to risk management in your department?

  • Risk Management is required, but it provides no value and takes too much time in a busy day
  • There’s not really anything to do about my risks anyway, they are the results of what management decides, and I have no influence there
  • I have now handed risks to management a few times and I never get anything back, no action, no questions and no decisions. It seems pointless
  • No one has made it clear what I am expected to do more specifically in the area
    We just end up examining some random corners, but what eventually will hit us is always from a completely different angle than we thought
  • I do not know how to identify and manage risks effectively and efficiently, but I cannot ask for help nor admit it. It may sound like I don’t know what risk management is. A concrete understanding of risk management is expected of people on my level in the organisation, and I do not want to lose face or get fired for incompetence. So of course I know all about risk management

Then you’re in the right place, because that’s exactly what we will take you through during the course

Course content and structure

Introduction

  • Who are you?
  • What is risk management to you?
  • Identifying the solution state

The risk assessment

  • Assessment stages (Scoping, identification, quantification, response planning)
  • Approach and goals (awareness, oriented in risks, decision support, dialogue)
  • Different methods for different situations

Making it part of business

  • Compliance management
  • Incidents, Controls and Documents
  • Business case and benefit realisation
  • Opportunities, options and risk exploitation
  • Delegation and mandate
  • Strategy, plans and budgets
  • Reporting and KPI

Risk management tasks

  • Appetite and profile
  • Aligning to business (VoB)
  • Setting the order, frequency and structure
  • Collection of historic data and status
  • Risk collection
  • Tracking response plans
  • Reporting
  • Measuring effectiveness and risk levels

Tools

Advanced skills

  • Control design and execution
  • Incident analysis and pattern identification
  • Root cause analysis
  • Key risk indicators (KRI) and Key opportunity indicator (KOI)

After the course you will be able to fulfill the obligations related to risk management for the department including:

Be able to plan, facilitate and execute a risk assessment, including:

  • Scoping the risk assessment
  • Identify objects
  • Identifying observations and risks
  • Quantifying risks
  • Mitigation planning
  • Control design and delegation
  • Understand risk profiles, responsibilities and limits (Risk appetite)

Understand when, what and to whom to report

Understand annual action wheel, how to establish and control and the relation to other disciplines like management of:

  • Compliance
  • Incidents, Controls and Documents
  • Strategy, plans and budgets

Be able to turn RM into an advantage when managing the department (e.g. in strategic planning and budget negotiations)

Be able to use Risk Management as an operating model (e.g. using risk exploitation, options and opportunity management)

Teaching methods:

The teaching will be a class training, which takes the form of lectures, discussions, theory, examples, tools and other methods of involvement such as dialogue and assignments.

There will be a limit on number of participants (12-20) to ensure the quality of the course for each participant.

You will receive some course material with all the methods and tools.

Instructors:

Nicolai Elberling (Founder of elberling.uk) has more than 15 years of experience in the areas of risk management, governance and compliance especially in the financial sector.

Martin Falk-Hansen is Team Leader for the Group Internal Audit unit in KMD. Before then, he was working as System Manager at Nationalbanken in the business unit Banking and Markets.

Moreover, he has been working with risk management in various actors in the financial sector in Denmark and other Nordic countries

When and where

The course will take place in Copenhagen. Details on location and time will be announced closer to the course dates.

How to register

Sign up for the course right here.

Additional information

Date

30th March 2017

Location

Copenhagen

You may also like…