An Advanced-Level Course for ERM Movers and Shakers
Empower yourself with practical skills and tools to champion the effective implementation of Enterprise Risk Management. Building on the Enterprise Risk Manager (ERM®) program, the ERP® certification is well-suited to senior management professionals or those seeking to take on leadership positions in risk management or corporate stewardship within their organisations.
Learn how to deploy ERM as a key driver of performance and achieve commercial sustainability, resilience, and agility. As a certified Enterprise Risk Professional, you will be able to evaluate internal and external issues affecting your organisation and guide the business towards achieving its strategic objectives. You will also be well-versed in the relationships between various management concepts critical to the successful implementation of advanced levels of ERM, Strategy, and BCM frameworks.
Whether you’re looking to enhance the risk function in your organisation or take a leap in your career development, this 8-day advanced ERM program will build on your existing expertise, deepen your knowledge, and provide you with the confidence to make bold strategic decisions.
To become fully certified, participants will have 3 years to complete all training modules. Registration for individual training modules is also available.
The focus of this module is to inculcate participants with a sound grasp of the many difficult leadership, strategy and policy questions in relation to Corporate and Enterprise Governance within an organization. Topics covered include Crisis prevention, Empowering the board, Strategic audits, the difference between Managed corporations and Governed corporations, and many more.
Every organization is vulnerable to crises. The days of playing ostrich – burying you head in the sand and hoping the problem goes away – are gone. You can try, but your stakeholders will not be understanding or forgiving. If you don’t prepare, you will incur more damage. Experience demonstrates that organizational leadership often does not understand that in the absence of adequate internal and external communications, operational response will break down; stakeholders will not know what is happening and quickly become confused, angry, and negatively reactive; the organization will be perceived as inept, at best, and criminally negligent, at worst; the length of time required to bring full resolution to the issue will be extended, often dramatically; and the impact to the financial and reputational bottom line will be more severe.
This programs takes Enterprise Risk Professionals through the fundamental concepts and shows how the principles covered during the program will guide them in not just surviving the onslaught of any crisis, but emerging after the crisis with a stronger business and wiser team.
The design of this program provides senior participants with a firm grounding in the purpose and aims of fraud risk management, as well as how to go about designing establishing and running such a framework in the participants organisation. Participants will study the practical design and establishment of effective fraud risk management frameworks, processes, policies and procedures including investigative procedures from an ERM perspective. The program also provides relevant guidance in establishing appropriate fraud risk management reporting and oversight and how to recognise and deal with red flags. Numerous workshop exercises are incorporated into the program’s learning design to ensure optimal learning and application of concepts.
Organisations globally are evolving a more common view of the purpose, function, and value contribution of operational risk management (ORM). ORM programs have continued to mature with focus on the identification, measurement, and communication of operational risk exposures. The most commonly cited key obstacle to the successful implementation of ORM is a lack of overall awareness and knowledge of Operational Risk Issues among senior staffers. In order for the full value of these ORM programs to be realized, Management and Risk Management professionals must guide the firm in linking ORM performance to the performance of the firm. To achieve this, the relevant senior team members must possess a sound grasp of the various ERM tools (KRIs, Risk Appetites and Tolerances, etc.) in order to guide the Board and Organisation on its journey towards operational excellence.
All organisations face the increasingly complex challenge of managing a wide variety of risks and opportunities effectively. Some of these risks are well understood and managed; others are less well understood, inadequately managed or simply ignored. Organisations need to enhance resilience in the face of ever complex and increasingly global risks and the framework outlined in ISO 31000 embodies international best practice that is applicable to all types and sizes of organisation. ISO 31000 provides the principles, framework and a process for managing any form of risk in a transparent, systematic and credible manner within any scope or context. Knowledge of the requirements of ISO 31000 will enable you to bring the benefits of effective risk management into all aspects of your organisations including planning, operations and communication.
In the programme you will study the principles of risk management, a framework for the management of risk, risk assessment, and links to other management systems. The goal of the programme is to enhance the knowledge of delegates in understanding the requirements of international best practice in risk management, enabling them to apply this in their own organisations. Delegates will have the opportunity to examine the establishment of a risk management framework and various tools and techniques for risk assessment in their organisation. They will also be able to learn the benefits that can accrue to overall organisational performance through effective monitoring and improvement techniques. Upon completion of the program, participants will have a sound grasp of the practical issues and considerations in ensuring the effective implementation of ISO 31000 in their organisation.
This unique ERM Lab allows participants with a unique opportunity to exchange ideas on establishing a sound ERM culture, benchmarks, measurements and other concepts and tools and techniques involved in effective ERM implementations – including Risk governance and oversight. The Lab also provides a conducive environment for participants to further explore practical ERM issues ranging from strategy, performance, risk evaluations, risk audits, and GRC concepts. Participants will also be provided the opportunity of bringing into the Lab their own organisational risk frameworks and tools, etc. for discussion, experimentation and improvement. Simulations conducted in the Lab allow participants to properly apply their knowledge in a simulated environment – preparing them better for ERM leadership upon completion of the program.
Only applicable to those seeking a full certification. There are no eligibility requirements for individual modules.
All participants must have first obtained the IERP®‘s ERM® qualifications and must be members of the IERP®.
- Internal Audit and Assurance professionals
- C-Level executives and head of departments who are decision-makers in their organisations
- Risk management professionals
- Non-risk management professionals working in Corporate Planning, Strategy, Governance, Compliance, Operations, Investment, Treasury, Product Development, Regulators, Legal, Quality, Environmental Health & Safety, Project Management, Insurance, Underwriting, and other related areas.
To become fully certified, participants will be assessed based on the following criteria:
- Attendance and participation in class
- Multiple choice examination
- Case study