Enterprise Risk Management

Program Days:

To be announced

PROGRAM FORMAT
Delivered online via live virtual interactive sessions in Zoom

PROGRAM FEE
PHP 30,990.00 or USD 564.00*
*The prevailing exchange rate at the date of payment may apply.

Let us know if you are interested to avail of early bird/group discount or discuss payment terms.

Program Overview

The Enterprise Risk Management (ERM) is designed for the senior executive in charge of a major functional area or business unit and is responsible for influencing the company’s risk management policies and strategies. This program is designed to help participants develop an integrated, firm-wide, and risk-aware view of firm strategy and implementation.  At the end of the program, the participant will be able to use risk management tools to identify major uncertainties facing his organization, assess opportunities and potential losses, develop alternatives for risk handling, and assess these alternatives in light of the organization’s business goals.

Program Objectives
  • This ERM program aims to help decision-makers take charge of uncertainty brought by multi-faceted risks encountered by the firm;
  • Develops a comprehensive approach to the management of risks facing organizations
  • Applies management tools and frameworks to contextualize, identify, analyze, evaluate, and treat risk
  • Utilizes a risk approach that recognizes that the firm’s strategy is crafted and implemented in an environment of uncertainty.
What You Will Learn

Session 1:

  • Risks and Enterprise Risk Management (ERM), Framework, and the Role of the Chief Risk Officer (CRO)
  • Firm strategies and risks that threaten them

Session 2:

  • Strategy building and the Objective-risk Matrix
  • Risk Profiling, Mapping, and Treatment

Session 3:

  • Managing Operational, Financial, Strategic, Regulatory, and Reputational Risks Strategy and IT Capacity Risk

Session 4:

  • Managing Operational, Financial, Strategic, Regulatory, and Hazard Risks

Session 5:

  • Risk Management Plan (RMP)
  • RMP Section 1: Description, Background, Purpose, Objectives, Scope & Context, and Guiding Principles
  • RMP Section 2: Process Responsibility, Risk Management Manager & Team, Risk Owner, and Steering Committee
  • RMP Section 3: Risk Identification, Analysis, Response Planning, Monitoring & Control, Escalation Procedures, Feedback & Reporting, and Closeout

Session 6: Risk Management Plan (RMP) Presentation

Key Benefits

This ERM Program will benefit executives who want to create value for their organizations and manage uncertainties. The program will enable the participants to learn the integrated approach to strategy formulation and implementation.

Who Should Attend

This program is a must for middle to senior executives responsible for corporate governance, risk management, and compliance functions. The program is highly recommended for those who wish to acquire knowledge, skills, and techniques for effective implementation of a suitable enterprise risk management framework and appropriate governance practice in their organization.