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 Chief Risk Officer Program RC1221588969 QR Code
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Chief Risk Officer Program

Overview:

Introduction

The CRO Program provides you with applicable training, including topical discussion on current risk challenges and mitigation practices. Learning objectives are met through a combination of expert faculty instruction, business case analyses, and active exchanges with thought leaders in the field. The importance of having the Chief Risk Officer (CRO) in any corporation is key to leading and providing enterprise-wide risk guidance to their respective corporation out of this chaotic situation.

Course Objectives

At the end of this course, the participants will be able to:

  • Identify all categories of key risks within a corporation
  • Appreciate, with in-depth, the manner that key risks can be identified, measured, monitored, controlled and mitigated within a
  • Align ERM strategy to strategic plan and its impact on
  • Gain insights on how to perform the role of CRO and lead the enterprise risk management functions within the
  • Establish and implement the enterprise risk management
  • Setup enterprise risk metrics to quantify all key risks and establish enterprise risk reporting structure with risk response

Targeted Audience

Anyone who is currently working in the risk management department, compliance department and internal audit

Course Outline

Unit 1: Understand the role of a Chief Risk Officer (CRO)

  • Understand the importance of linking enterprise risk management strategy to strategic objectives of the strategic
  • Map out the role and responsibilities of CRO within the
  • Examine the integration of organizational governance within the company’s organizational structure
  • To be able to setup Enterprise Risk & Governance Framework with incorporation of Strategic Plan

Unit 2: Keep abreast with the latest development of types of Enterprise Risk Part 1 – Financial, Compliance and Regulatory

  • Assess new emerging risks like Conduct and compliance related on Work From Home (WFH).
  • Explain the inter-relationship of regulatory risks to both compliance and financial risks.
  • Keep abreast with the latest development of types of Enterprise Risk Part 2 – Operational
  • Identify the seven categories of operational risks
  • Able to identify, measure, monitor and control key operational risks within the company.
  • Keep abreast with the latest development of types of Enterprise Risk Part 3 – Cyber Risk
  • Critically assess the various types of key cyber
  • Establish appropriate techniques to monitor and control cyber

Unit 3: Strategic Risk Management

  • To be able to align the ERM strategy to Strategic Objectives of the Strategic Plan
  • Keep abreast of latest Strategic Risks like emerging technology, 3rd party risks, WFH, conduct risks and disruptive technology risks
  • Able to recognise the impact of emergence of new technology and disruptive risks to a company.
  • Identify and control such disruptive risks arising from new technology especially WFH.

Unit 4: Leadership in Enterprise Risk Management

  • Understand the importance of effective communication by the Chief Risk Officer (CRO)
  • Be able to manage and control enterprise risk management operations as an effective risk leader
  • To place the right talents for the right job scope in the company.
  • To plan, structure and report key risks to C-suits and BoDs on timely

Unit 5: Enterprise Risk Quantification, Reporting and Response

  • Be able to demonstrate the approval of quantifying the key risks in the process of implementation the strategic objectives
  • Shown ability to establish enterprise risk metrics and setup risk reporting structure
  • Be able to setup appropriate enterprise risk response techniques and policy
  • Assess the appropriateness of the risk response techniques and its capacity to meet enterprise

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