An Intensive 5-day Training Course
Risk Management for Non-Risk Management Professionals:
Understanding ERM and IRM for Better Decision Making
Simplifying ERM and IRM for Non-Risk Professionals
CLASSROOM DATES
INTRODUCTION
Risk management is no longer the exclusive responsibility of specialised risk teams. In today’s complex and highly regulated environment, managers and professionals across all functions are expected to understand risk concepts and apply them to everyday decision-making. Strategic choices, operational priorities, and governance responsibilities increasingly depend on informed risk awareness.
The ERM and IRM for Non-Risk Professionals Course is designed to provide non-risk specialists with a clear and practical understanding of Enterprise Risk Management (ERM) and Integrated Risk Management (IRM). The course explains risk concepts in accessible language, reducing technical jargon while maintaining alignment with recognised frameworks and best practices.
This training course places risk management within the broader context of corporate governance, internal audit, and compliance. Participants explore how these functions interact and how effective coordination supports organisational performance, resilience, and accountability. Emphasis is placed on understanding risk appetite, risk tolerance, and how risks are identified, assessed, monitored, and reported.
The course also introduces the transition from traditional risk approaches to integrated risk management. Participants gain insight into how ERM and IRM support better decision-making during periods of uncertainty, crisis, and change, while ensuring alignment with organisational objectives, mandates, and regulatory expectations.
Key focus areas include:
- Risk management within corporate governance frameworks
- The ERM, internal audit, and compliance relationship
- Risk identification, classification, and reporting taxonomies
- Risk-based decision-making and performance alignment
- The role of ERM and IRM in crisis and resilience
KEY SKILLS YOU WILL GAIN
After completing this training course, participants will be able to demonstrate the following skills and competencies:
- Risk Awareness – Recognise and interpret organisational risks that influence operational and strategic decisions.
- ERM Application – Apply Enterprise Risk Management concepts to support performance and compliance.
- Integrated Thinking – Understand how Integrated Risk Management aligns risk with mission and strategy.
- Risk-Based Decision-Making – Use risk information to strengthen judgement and prioritisation.
- Governance Alignment – Connect risk management practices with governance, audit, and compliance functions.
TRAINING OBJECTIVES
By the end of this ERM and IRM for Non-Risk Professionals Course, participants will be able to:
- Understand how effective risk management supports monitoring, reporting, and informed decision-making
- Integrate risk analysis into business planning and operational decisions
- Align integrated risk management with organisational mission and vision
- Understand key concepts such as risk appetite, risk tolerance, RCSA, and risk heat maps
- Link internal audit planning to organisational risk considerations and international standards
- Explore risk-based internal audit and risk-based compliance approaches
WHO SHOULD ATTEND?
This ERM and IRM for Non-Risk Professionals Course is suitable for:
- Senior managers and executives
- Risk management, internal audit, and compliance officers
- Professionals involved in corporate governance processes
- Strategic planners and business analysts
- Managers and professionals new to strategic planning or risk concepts
This training course is ideal for professionals seeking a practical, non-technical introduction to risk management fundamentals.
TRAINING METHODOLOGY
The ERM and IRM for Non-Risk Professionals Course is delivered using proven adult learning techniques that encourage participation and practical understanding. Facilitator-led explanations simplify complex risk frameworks and relate them directly to organisational decision-making.
Interactive group discussions, quizzes, and group presentations reinforce learning and promote peer exchange. Practical scenarios help participants explore how ERM and IRM principles apply to real business situations.
This approach ensures participants can translate risk concepts into actionable insights within their own roles, supporting stronger alignment between risk awareness and business outcomes.
TRAINING SUMMARY
The ERM and IRM for Non-Risk Professionals Course provides essential knowledge and practical insight into modern risk management frameworks and their strategic relevance. Participants develop a clearer understanding of how ERM and IRM support organisational resilience, governance, and performance.
This training course strengthens the ability of non-risk professionals to identify risks, understand their implications, and integrate risk considerations into everyday decisions. Emphasis is placed on bridging the gap between risk and non-risk functions to support collaboration and informed leadership.
By the end of the course, participants are better equipped to contribute to a risk-aware culture, enhance decision-making quality, and support integrated risk management practices across their organisations.
TRAINING OUTLINE
Day 1: An Introduction to Governance to Recognize the Role of Risk Management within the Context of Corporate Governance
- What is Corporate Governance Exactly About? How to Enforce it Practically?
- What is the Added Value of Implementing Governance in Any Organization?
- What are the Obstacles and Barriers to Implement Effective Governance?
- What are the Most Important Governance Committees?
- How to Handle the Overlapping Among Risk, Compliance & Internal Audit Departments?
Session Two: The Risk, Compliance & Internal Audit Triangle
- What is the New Risk-Based Internal Audit Approach?
- What is the New Risk-Based Compliance Approach?
- The Fundamental Differences and Importance of its Convergence
- Cooperation & Collaboration Among These Functions
- Overlapping: Healthy or Wasteful?
- Corporate Governance Committees; Audit Committee is No. 1
- Effective Executive Management & Board Members
Day 2: What is Risk Management? All you Need to Know about it
- Limitations with Traditional Approaches to Risk Management
- Elements of an ERM Process
- The Risk Framework:1) Policies 2) Methodologies 3) Infrastructure
- Risk Management Risk Control Self-Assessment (RCSA)
- Key Performance Indicators (KPI) vs. Key Risk Indicators (KRI)
- What is a Risk Register & How to Create One?
- Business Continuity Planning vs. Disaster Recovery Plan
- Risk Champion Roles, Responsibilities and Competencies
Day 3: Risk Management Taxonomies
- Financial Risk
- Liquidity Risk
- Operational Risk
- Non-Compliance Risk
- Systematic Risk
- Environmental Risk
- Political Risk / Sovereign Risk
- Strategic Risk
- Cyber Risk
- Market Risk
- Legal Risk
- Occupational Fraud Risk
- Criminal Behavior Risk
- Country Risk
- Reputational Risk
Day 4: Group Work
Two Teams Competition
An Interactive Training Between Two Teams, to Help Clarify the Identification of Different Types of Risks and Enhances Employees' Understanding of Risk Principles and Their Application in Practical Scenarios.
The Trainees are Divided into Two Teams (A) and (B).
- Each Team Works Together for 120 Minutes to Develop a Plan on How to Handle the Given Scenario
- Each Team Presents its Plan to the Other Team and the Training Supervisor.
- After Presenting the Plans, the Training Instructor Evaluates the Alignment of Each Team's Plans with Risk Principles.
- The Training Concludes with a Discussion Session that Brings Both Teams Together to Exchange Ideas About What They Have Learned and How They Can Apply it Better in Their Daily Work.
Day 5: Integrated Risk Management (IRM)
- What is Integrated Risk Management (IRM)?
- Who Does IRM?
- Traditional Risk Roles vs. Nontraditional Risk Roles
- What do IRM Professionals do?
- What are the Impacts and Objectives of IRM?
- Why Does IRM Matter?
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ACCREDITATION
EuroMaTech is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Euromatech is a Knowledge & Human Development Authority (KHDA) approved training institute in Dubai, licensed and approved to deliver training courses in the UAE.
The KHDA is the regulatory authority in the UAE, that oversees administering, approving, supervising, and controlling the activities of various education providers in the UAE. We are proud of our commitment to ensuring quality training courses and status as a KHDA-approved training provider.
FAQ
EuroMaTech provides a range of ISO certification and compliance training courses, including:
- ISO 9001 – Quality Management Systems Training
- ISO 45001 – Occupational Health & Safety Management Training
- ISO 14001 – Environmental Management Systems Training
These courses help organizations adopt internationally recognized standards and improve their overall performance.
To register for a training course, you can:
- Visit the EuroMaTech website, browse the available courses, and follow the online registration process.
- Contact EuroMaTech’s support team for assistance with course selection or inquiries about corporate training solutions.
EuroMaTech stands out as a leader in training and professional development due to:
- 30+ years of experience delivering high-impact training courses across industries.
- Accreditations from leading institutions, ensuring top-tier course quality and recognition.
- A portfolio of thousands of training courses, serving professionals at every level.
- A focus on innovation and future-ready learning models, including blended and digital training.
- Long-term partnerships with organizations globally, ensuring sustained success through talent development.
EuroMaTech has successfully delivered thousands of training courses, with thousands of professionals from over 50 countries attending annually.
We are happy to share the profiles of our expert instructors. To learn more about their qualifications and experience, please contact us [email protected]
We provide two flexible training formats to suit your preferences:
- Classroom Training: Experience in-person learning with expert instructors. Engage in interactive discussions, hands-on activities, and benefit from face-to-face networking.
- Online Training: Join live online sessions from anywhere, offering flexibility for those with busy schedules or who prefer remote learning.
- In-House Training: We can bring our training directly to your organization, allowing for tailored sessions that address your specific needs and objectives.
Yes, we provide tailored training solutions designed to meet the specific needs of your organization. Customized courses can be delivered either in-person or online, and you can select the dates and duration that best fit your schedule. For more details, please contact us at [email protected]
Yes, we can assist you with the following:
- Corporate Discount: If available, we can extend our corporate discount for your stay at selected hotels.
- Hotel Suggestions: We can provide recommendations for nearby hotels based on your preferences and budget.
Feel free to explore online booking platforms for the most cost-effective options.
