Complete Operational & Enterprise Risk Management Bootcamp

Learn Operational Risk Management (ORM) and Enterprise Risk Management (ERM)
What you'll learn:
Understand how risk management can be used to support organizations in achieving their objectives
Understand the benefits of risk management and its relationship with governance, social responsibility, sustainability, and organizational prosperity
Acquire an overview of the global business and risk environment
Learn key risk architectures, strategies, and protocols to effectively mitigate organizational risk
Understand the role of risk culture, risk appetite, and risk tolerance
Explain risk and organizations, including an introduction to corporate governance, project and operational risk management, and supply chain management
Acquire a solid understanding of organizational risk management, emerging risks and future developments
Requirements:
To participate in this course on operational and enterprise risk management, you will need an electronic device with online video-viewing capabilities (e.g., smartphone, tablet, laptop, desktop computer, etc.).
Although this is helpful, you will need no previous knowledge in compliance or anti-financial crime.
A background in business, legal, or finance might also be beneficial but is not required.
Description:
Embark on a transformative learning journey with our Operational Risk Management (ORM) and Enterprise Risk Management (ERM) masterclass, designed specifically for professionals who are keen to specialize in the nuances of operational risk within the broader context of enterprise risk management. This course bridges the critical aspects of operational risk management with enterprise-wide risk considerations, following the ISO 31000 framework, to empower you with the skills needed to fortify organizational resilience against various operational threats.In today's complex business environment, characterized by rapid technological changes, regulatory challenges, and unforeseen crises like the COVID-19 pandemic, mastering operational risk management is more vital than ever. Our curriculum is meticulously crafted to guide you through the essential strategies, tools, and practices to identify, assess, and mitigate operational risks while also providing insights into integrating these practices within an enterprise risk management framework.COURSE STRUCTUREOur program is segmented into six comprehensive modules, each focusing on critical aspects of operational and enterprise risk management:Module 1: Foundations of Operational Risk ManagementBegin with an introduction to operational risk, understanding its impact on organizations, and exploring the foundational principles that guide effective risk management practices.Module 2: Integrating Operational Risk Management within Enterprise Risk FrameworksLearn about the synergy between operational risk management and enterprise risk management (ERM), including the application of the COSO framework to operational risks.Module 3: Operational Risk Management Processes and PracticesDeep dive into the processes and best practices of operational risk management, focusing on risk culture, appetite, and tolerance, and how these elements align with broader ERM strategies.Module 4: Operational Risk Assessment and IdentificationMaster the techniques for conducting thorough operational risk assessments, from identifying potential risks to evaluating their impact and likelihood within an organizational context.Module 5: Analyzing and Evaluating Operational RisksAdvance your skills in risk analysis and evaluation, learning to prioritize risks and explore the upside of risk management in driving organizational growth and resilience.Module 6: Mitigation and Response Strategies for Operational RisksExplore comprehensive strategies to respond to and mitigate operational risks, including the application of the 4Ts framework and various risk control techniques tailored to operational challenges.COURSE FEATURESInteractive Modules: Engage with dynamic content, including case studies, simulations, and exercises that mirror real-world operational risk scenarios.Expert Instruction: Benefit from the insights and experiences of seasoned professionals in operational risk management.Flexible Learning Environment: Access our course from anywhere, at any time, through our state-of-the-art online platform, designed for busy professionals.Professional Certification: Earn a distinguished certification issued by the Financial Crime Academy that showcases your expertise in operational risk management with an understanding of its importance within the enterprise risk management landscape.WHO THIS COURSE IS FORThis program is ideally suited for risk managers, operational managers, compliance officers, and anyone involved in or interested in gaining a deep understanding of operational risk management techniques and their application within an enterprise risk framework.ENROLL TODAYEnroll in our Operational Risk Management (ORM) and Enterprise Risk Management (ERM) masterclass today to take a significant step towards becoming an expert in navigating and mitigating operational risks, thereby contributing to the overall resilience and success of your organization.Important! This course, similar to the Financial Crime Academy's Certificate in Enterprise Risk Management, is available on Udemy to support FCA's mission of making professional education more widely accessible. Completion via Udemy grants a certificate of completion only without access to FCA's platform, support, or a verifiable certificate ID. Courses on Udemy do not count towards FCA's CAMP, CAIP, or CFCP programs.
Who this course is for:
Executives, senior managers, and heads of departments who require a better understanding of risk management and the role it should play within their organizations.
Managers who are responsible for managing risk and/or embedding effective systems of corporate governance.
Insurance managers, brokers, safety practitioners, auditors, project managers, accountants, solicitors, and consultants who are increasingly finding risk management is forming part of their remit or are expected to have a broad understanding of the subject.
Practitioners who require a refresher on recent developments in risk management.
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