Description
A hands-on program built for risk managers, compliance officers, and internal audit professionals who need to design, run, and defend an Enterprise Risk Management framework in real organizational conditions.
Who This Course Is For
Built for professionals who own, support, or interface with the risk management function:
- Risk Managers & Risk Officers
- Compliance Officers & MLROs
- Internal Audit Professionals
- Corporate Secretaries & Governance Officers
- Business Unit & Operations Managers
- Professionals transitioning into Risk Management roles
Course Outline
Module 1 — Foundations of Enterprise Risk Management
- What risk is — and how ERM differs from traditional, siloed risk management
- The COSO ERM Framework: components and principles
- Risk appetite, risk tolerance, and risk capacity — defining the boundaries
- Linking risk management to strategy and organizational objectives
Module 2 — Risk Governance & The Three Lines Model
- Positioning the risk function within the Three Lines Model
- Roles of the Board, Risk Committee, and management in risk oversight
- Risk Management vs. Compliance vs. Internal Audit: boundaries and handoffs
- Building a risk governance structure and reporting lines
Module 3 — Risk Identification & Assessment Methodology
- Risk identification techniques: workshops, interviews, process walkthroughs
- Assessing likelihood and impact — qualitative and quantitative approaches
- Building and reading a risk heat map
- Constructing and maintaining a corporate risk register
Module 4 — Risk Response & Treatment Strategies
- The four risk response strategies: avoid, mitigate, transfer, accept
- Designing proportionate control activities for identified risks
- Cost-benefit thinking in risk treatment decisions
Module 5 — Risk Monitoring, KRIs & Reporting
- Designing Key Risk Indicators (KRIs) and setting thresholds
- Continuous risk monitoring vs. periodic reassessment
- Reporting risk to the Board, Risk Committee, and Executive Management
- Workshop: building a mini risk register with KRIs for a business process
Module 6 — Business Continuity & Operational Risk
- Operational risk fundamentals and common failure points
- Business continuity and disaster recovery planning basics
- Crisis management and incident response coordination
Module 7 — Embedding Risk in Decision-Making
- Integrating risk assessment into strategic and investment decisions
- Case study discussion: risk failures and lessons learned
- Closing assessment and certificate requirements
Learning Outcomes
- Design and operate an Enterprise Risk Management framework aligned to COSO ERM
- Build a risk register, heat map, and KRI-based monitoring plan
- Select and defend risk response strategies for real organizational risks
- Position risk management correctly within governance and the Three Lines Model
- Earn a joint BB Academy × The British University in Egypt certificate of completion