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Course AGRC-053

Key Risk Indicators: Design and Reporting

Risk registers describe what could go wrong, but they do not always show whether risk is rising or falling. The outline covers The Role of Key Risk Indicators, Selecting Indicators, Defining Indicators and Setting Thresh...

  • 5 daysClassroom or online
  • 49Upcoming dates
  • 12Cities
  • €2,175Fees from

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  • 5 days
  • 09:00–14:00
  • Certificate of attendance

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  1. 7–11 Dec 2026

    Frankfurt

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  2. 14–18 Dec 2026

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  3. 21–25 Dec 2026

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  4. 4–8 Jan 2027

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  5. 11–15 Jan 2027

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  6. 18–22 Jan 2027

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  7. 25–29 Jan 2027

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  8. 1–5 Feb 2027

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  10. 15–19 Feb 2027

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  11. 22–26 Feb 2027

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  13. 8–12 Mar 2027

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  14. 15–19 Mar 2027

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  15. 22–26 Mar 2027

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  16. 5–9 Apr 2027

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  18. 19–23 Apr 2027

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  19. 26–30 Apr 2027

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  20. 3–7 May 2027

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  21. 10–14 May 2027

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  22. 17–21 May 2027

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  23. 24–28 May 2027

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  24. 7–11 Jun 2027

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  25. 14–18 Jun 2027

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  26. 21–25 Jun 2027

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  27. 5–9 Jul 2027

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  28. 12–16 Jul 2027

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  29. 19–23 Jul 2027

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  30. 26–30 Jul 2027

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  31. 2–6 Aug 2027

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  32. 9–13 Aug 2027

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  33. 16–20 Aug 2027

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  34. 23–27 Aug 2027

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  35. 6–10 Sep 2027

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  36. 13–17 Sep 2027

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  37. 20–24 Sep 2027

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  38. 4–8 Oct 2027

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  39. 11–15 Oct 2027

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  40. 18–22 Oct 2027

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  41. 25–29 Oct 2027

    Dubai

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  42. 1–5 Nov 2027

    Geneva

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  43. 8–12 Nov 2027

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  44. 15–19 Nov 2027

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  45. 22–26 Nov 2027

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  46. 6–10 Dec 2027

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  47. 13–17 Dec 2027

    Istanbul

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  48. 20–24 Dec 2027

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  49. 27–31 Dec 2027

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Online / Live sessions

  1. 7–11 Dec 2026

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  2. 14–18 Dec 2026

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  3. 21–25 Dec 2026

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  4. 4–8 Jan 2027

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  5. 11–15 Jan 2027

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  6. 18–22 Jan 2027

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  7. 25–29 Jan 2027

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  8. 1–5 Feb 2027

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  9. 8–12 Feb 2027

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  10. 15–19 Feb 2027

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  11. 22–26 Feb 2027

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  12. 1–5 Mar 2027

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  13. 8–12 Mar 2027

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  14. 15–19 Mar 2027

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  15. 22–26 Mar 2027

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  16. 5–9 Apr 2027

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  17. 12–16 Apr 2027

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  18. 19–23 Apr 2027

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  19. 26–30 Apr 2027

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  20. 3–7 May 2027

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  21. 10–14 May 2027

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  22. 17–21 May 2027

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  23. 24–28 May 2027

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  24. 7–11 Jun 2027

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  25. 14–18 Jun 2027

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  26. 21–25 Jun 2027

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  27. 5–9 Jul 2027

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  28. 12–16 Jul 2027

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  29. 19–23 Jul 2027

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  30. 26–30 Jul 2027

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  31. 2–6 Aug 2027

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  32. 9–13 Aug 2027

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  33. 16–20 Aug 2027

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  34. 23–27 Aug 2027

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  35. 6–10 Sep 2027

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  36. 13–17 Sep 2027

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  37. 20–24 Sep 2027

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  38. 4–8 Oct 2027

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  39. 11–15 Oct 2027

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  40. 18–22 Oct 2027

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  41. 25–29 Oct 2027

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  42. 1–5 Nov 2027

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  43. 8–12 Nov 2027

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  44. 15–19 Nov 2027

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  45. 22–26 Nov 2027

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  46. 6–10 Dec 2027

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  47. 13–17 Dec 2027

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  48. 20–24 Dec 2027

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  49. 27–31 Dec 2027

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Introduction

Course overview

Risk registers describe what could go wrong, but they do not always show whether risk is rising or falling. Key risk indicators fill this gap by providing measurable, forward-looking signals that alert management to changes in exposure before losses occur. Well-designed indicators help organisations act early, monitor appetite and focus attention where it matters.

This Key Risk Indicators: Design and Reporting training course shows how to select, define, set thresholds for and report key risk indicators. Participants learn the difference between leading and lagging indicators, how to link indicators to risks, controls and appetite, how to source reliable data and how to build dashboards that drive action.

The course is practical throughout, and participants leave with a set of indicators designed for risks in their own organisation.

View full course outline

What you will achieve

Learning objectives

  • Explain the purpose of key risk indicators in risk management
  • Distinguish risk, control and performance indicators
  • Select indicators that are relevant, measurable and predictive
  • Define indicators clearly with data sources and ownership
  • Set thresholds aligned with risk appetite and tolerance
  • Design dashboards and reports that prompt action
  • Validate and review the effectiveness of indicators
  • Embed indicators into governance and escalation processes

Who should attend

Target audience

  • Risk managers and risk analysts
  • Operational risk professionals
  • Compliance officers
  • Internal auditors
  • Business unit managers responsible for risk
  • Performance and management information professionals

Methodology

Learning approach

  • The course is workshop-based. Participants choose risks from their own organisation and develop indicators for them step by step, defining metrics, data sources and thresholds and building a sample dashboard. Group critique and case studies of effective and ineffective indicators reinforce good design.

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

The Role of Key Risk Indicators

  1. Why risk registers alone are not enough
  2. Key risk indicators, key control indicators and key performance indicators
  3. Leading, current and lagging indicators
  4. Linking indicators to risk appetite and strategy
  5. Coffee break
  6. Linking indicators to risk appetite and strategy (continued)
  7. Characteristics of a good key risk indicator
  8. Common mistakes in indicator programmes
  9. Exercise: reviewing an existing indicator set

Day 2

Selecting Indicators

  1. Starting from risks, causes and control weaknesses
  2. Using loss data, incidents and audit findings
  3. Workshops with business owners to identify indicators
  4. Balancing coverage with simplicity
  5. Coffee break
  6. Balancing coverage with simplicity (continued)
  7. Indicators for operational, compliance, financial and strategic risks
  8. Indicators for emerging and hard-to-measure risks
  9. Workshop: selecting indicators for priority risks

Day 3

Defining Indicators and Setting Thresholds

  1. Writing precise indicator definitions and formulas
  2. Data sources, frequency and data quality checks
  3. Ownership and accountability for each indicator
  4. Setting green, amber and red thresholds
  5. Coffee break
  6. Setting green, amber and red thresholds (continued)
  7. Using historical data, benchmarks and judgement
  8. Aligning thresholds with appetite and tolerance
  9. Exercise: defining and calibrating indicators

Day 4

Reporting and Dashboards

  1. Designing dashboards for management and boards
  2. Trend analysis and visualisation techniques
  3. Combining indicators with narrative commentary
  4. Coffee break
  5. Escalation procedures when thresholds are breached
  6. Automating indicator collection and reporting
  7. Avoiding indicator overload and false assurance
  8. Workshop: building a risk dashboard

Day 5

Validation and Continuous Improvement

  1. Testing whether indicators predict risk events
  2. Periodic review and retirement of indicators
  3. Internal audit review of indicator programmes
  4. Embedding indicators into decision making
  5. Coffee break
  6. Building a culture that responds to early warnings
  7. Presenting indicator proposals to senior management
  8. Personal action plan for implementing key risk indicators

Ready to book?

Key Risk Indicators: Design and Reporting

Next session: 7 - 11 December 2026, Frankfurt

Course FAQs

Questions about this course

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What does Key Risk Indicators: Design and Reporting (AGRC-053) 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 14 - 18 December 2026. See the course schedules section for the available dates and delivery formats.

Who should attend this course?

Risk managers and risk analysts, Operational risk professionals, Compliance officers

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 London, Barcelona, Frankfurt, Istanbul, Kuala lumpur, Madrid, Munich, Paris, Vienna, Amsterdam, Dubai, Geneva.

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).