Course overview:

Your company may have a clear risk management policy and the board can be committed to managing the risks in the business, but the common challenge for those responsible for firm-wide risk management is to win enterprise-wide acceptance whilst delivering real value to stakeholders.

As the person leading or managing the risk function, the organisation looks to you to translate the theory of risk management into meaningful management practices that benefit the business. This workshop has been designed to share practical application of best practice by providing tested solutions to this challenge.

This course is delivered by Mark Anderson who has delivered a variety of compliance programmes globally for several international organisations. Mark is also a Non-Executive Directive with an emphasis on risk and compliance.

Learning outcomes:

  • Check that all the essential elements of your policy are present, for the firm as well as for the risk function to operate effectively
  • Understand the pros and cons of alternative ways to allocate responsibilities to different governance and management functions
  • Know the key elements of the risk appetite statement and how to create a statement that encapsulates the culture of the business
  • Understand gross and net risks, the dangers that can hide within that approach
  • Appreciate how to communicate effectively with business leaders, the value of, and their responsibilities for risk management
  • Apply control design techniques to aid both the management and monitoring of the status of your key risks
  • Understand the barriers to embedding an enterprise-wide approach to risk management and how to overcome them
  • Be familiar with the lexicon of risk management, and the current regulatory and political landscape in this regard
  • Benchmark your interpretation and approach against industry good practice
  • Appreciate the power of stochastic modelling

Take this training in-house:

This workshop is also available as an in-house programme, which means you can tailor it to exactly what you and your colleagues require. Pricing for in-house will depend on what is required. Enquire about this option by contacting our training team.

Mark Anderson

Mark Anderson

Non-Executive Directive

After graduating from Cambridge University, Mark spent much of his career in investment banking asset management, working and living in London, Edinbu...

After graduating from Cambridge University, Mark spent much of his career in investment banking asset management, working and living in London, Edinburgh, Chennai, Mumbai, Moscow and Qatar. Using his experience as an executive, in a number of FS firms, he has delivered a variety of compliance programmes globally for several international organisations. Mark is also a Non-Executive Directive with an emphasis on risk and compliance.

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This course is suitable for anyone involved in the risk management function and those with executive accountability to provide oversight and challenge of the firm's systems and controls in respect of risk management.