Risk Management

Introduction to risk
(i) The Concept of Risk
(ii) Risk and Uncertainty: Distinction
(iii) Classification of Risks
(iv) Dynamic Nature of Risks
(v) Types of Risk, including
a) Strategic and Operational Risks
b) Business Risk
c) Financial Risk
d) Information Risk
e) Liquidity Risk
Source and evaluation of risks
(i) Identification and Sources of Risk
(ii) Quantification of Risk and various methodologies
(iii) Impact of Business Risk
(iv) Identify and assess the impact upon the stakeholder involved in Business Risk
(v) Role of Risk Manager and Risk Committee in identifying Risk

Risk management
(i) Concept of Risk Management
(ii) Objective and Process of Risk Management
(iii) Importance of Risk Management
(iv) Risk Management techniques

Evaluation of Risk Management Strategies
(i) Risk Management Strategy alignment with Business Strategy (ii) Internal Control environment and linkages with Risk Management (iii) Risk Culture and attitudes to risk management (iv) Integrated Risk Reporting and Stakeholder responsibilities (v) IT Risk Management – Disaster Recovery
Risk model
(i) VAR
(ii) Stress Testing
(iii) Scenario Analysis
(iv) Country and Sovereign Risk Models and Management

(ii) Evaluating credit risk
(iii) Mitigating Credit risk
(iv) Qualitative and Quantitative techniques to manage risk
(v) Credit scoring models

Risk associated with corporate governance
(i) Evaluation of Risk Associated with Governance
(ii) Description and evaluation of framework for Board level consideration of risk
OECD Guidelines for Corporate Governance
Enterprise Risk Management
Definition, Scope and Techniques
Operational Risk Management
Definition, Scope and Techniques