Global Learning for Operational Leaders
Classroom
14 sessions
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Online / Live
14 sessions
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Introduction
Course overview
This course aims to enable participants to navigate the financial risks that companies face during their operations. By attending, participants will acquire the knowledge to develop a practical Enterprise Risk Management (ERM) framework, starting with identifying financial risks, analyzing them, and finally, planning treatment methodologies to handle them. They will also learn to analyze the risks qualitatively and quantitatively using different practical methods, tools, and techniques and stay updated with the latest industry trends.
What you will achieve
Learning objectives
- Define the basic terms related to risk and the fundamentals of Enterprise Risk Management
- Execute a qualitative risk analysis to determine the overall risk level
- Perform a quantitative risk analysis by utilizing financial risk management techniques
- Develop effective risk-based response and decision-making strategies based on the related priorities
- Identify risk management maturity within an organization, create a risk register, and monitor the entire process
Who should attend
Target audience
- This course has been designed for risk managers, risk owners, internal auditors, governance professionals, financial services regulators, project managers, finance managers, functional managers, senior managers, board members, and all individuals interested in Enterprise Risk Management (ERM)
Methodology
Learning approach
- The course uses interactive techniques, such as brief presentations by the consultant and participants. It also features several group exercises and simulations to help participants consolidate their learning experience.
Complete course outline
Five focused days of learning and application
The timings provided are estimates and may vary depending on the number of participants and the discussions taking place during the sessions. They are indicative only and do not constitute a binding commitment.
Day 1
Introduction to Enterprise Risk Management (ERM)
- Governance, Risk, and Compliance (GRC) framework introduction
- Three lines of defense
- Definition of risk and identification of risk types
- Coffee break
- Definition of risk and identification of risk types (continued)
- ERM process
- Definition of risk appetite
- Introduction to financial markets and products
Day 2
Qualitative Risk Analysis
- Brainstorming and the Delphi technique
- SWOT analysis
- Risk probability and impact assessment
- Heat maps and risk scores
- Risk urgency assessment
- Quantitative Risk Analysis
- Credit risk
- Credit analysis
- Coffee break
- Credit analysis (continued)
- Credit rating
- Credit portfolio management
- Expected Credit Loss (ECL)
- Market risk
- Classification of instruments and valuation methodologies
- Value at Risk (VaR)
- Stress testing
- Liquidity risk
- Operational risk
Day 3
Risk management and investment management methodologies
- Monte Carlo simulation
- Sensitivity and scenario analysis
- Coffee break
- Sensitivity and scenario analysis (continued)
- Expected Monetary Value (EMV)
- Risk-adjusted performance measures
Day 4
Risk Response Strategies and Decision Making
- Secondary and residual risks: Risk response strategies
- Calibrating Key Risk Indicators (KRIs)
- Contingency planning strategy
- Coffee break
- Contingency planning strategy (continued)
- Incident management
- Decision tree analysis
- Decision-making reconciled with risk appetite
Day 5
Assessment of Risk Maturity and Monitoring
- Implementation of a risk register
- Assessment of the risk management maturity
- Risk-based internal audit
- Coffee break
- Risk-based internal audit (continued)
- Risk reviews
- Identification of emerging risks and future trends
FAQ
Frequently asked questions
What does Certificate in Financial Risk Management (CFRM) cover?
This course covers Auditing and Governance Risk and Compliance through a structured five-day outline focused on practical application, discussion, and implementation planning.
When is the next available session?
The next scheduled session starts on 9 - 13 November 2026. See the course schedules section for the available dates and delivery formats.
Who should attend this course?
This course has been designed for risk managers, risk owners, internal auditors, governance professionals, financial services regulators, project managers, finance managers, functional managers, senior managers, board members, and all individuals interested in Enterprise Risk Management (ERM)
Is bilingual course delivery available?
Yes. All course materials and presentations are provided in English, while bilingual explanation and discussion support may be available depending on the selected location and trainer availability. For example, when attending a course in Istanbul, you may request a Turkish-speaking trainer to explain the English course content in Turkish. Arabic explanation support may also be requested at this location. Other languages are available in selected cities. You can choose your preferred language support as an optional preference during registration.
How can I register for a session?
Use any Register button next to the available course dates to open the participant registration page and submit your booking request for the selected session.
Is this course available online as well as classroom-based?
Check the course schedules section for currently published classroom and Online / Live sessions.
Where are classroom sessions delivered?
Current classroom venues include Amsterdam, Istanbul, Rome, Kuala lumpur, Barcelona, London, Munich.
How long is the training programme?
The programme runs for five days from 09:00 to 14:00, which gives 25 contact hours, including a daily 30-minute break (22.5 hours of instruction).
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Choose an available date and venue, add your participants, and we will email a formal quotation for Certificate in Financial Risk Management (CFRM) to your business address.