Day 1

Session 1: Introduction to ERM

Enterprise Risk Management Defined

Achievement of Objectives

Components of Enterprise Risk Management

Relationship of Objectives and Components

Encompasses Internal Control

Session 2: Risk Management Framework

Major Types of Risks in Financial Institutions:

Credit Risk

Operational Risk

Market Risk

Liquidity Risk

Governance/Regulatory Risk

Risk management process

Risk Management Tools & Techniques

Risk identification and mitigation techniques

Capital Adequacy and Basel Concept

Stress Testing

Hedging and diversification

Internal Controls

Group Exercise: Calculating Capital Adequacy under multi-factor stress testing scenario

Day 2

Session 3: ERM Framework

ERM Framework

COSO ERM framework

Goals of an ERM program

Common challenges in ERM implementation

Session 4: Implementing ERM

Effective Risk Monitoring, Metrics and Reporting Processes

Pragmatic Risk Appetite and Tolerance Framework Integration of Risk Management with Strategic Decision-Making
Management of Emerging and Interrelated Risks

Case Discussion: Implementing ERM framework

Session 5:The Risk Indicator

Download Brochure