An Intensive 5-day Training Course
Enterprise Risk Management (ERM) Vs. Integrated Risk Management (IRM) for Non-Risk Professionals
Simplifying ERM and IRM for Non-Risk Professionals
CLASSROOM DATES
INTRODUCTION
This 5-day Enterprise Risk Management (ERM) Vs. Integrated Risk Management (IRM) for Non-Risk Professionals training course gives you up-to-date perceptions into the domain of not only enterprise risk management but also the recent approach of integrated risk management as well as corporate governance tools necessary for managers who need to deliver to an ERM function.
The EuroMaTech training course is designed to provide a fundamental training to managers and officers who are going to be involved in risk management as well as to risk managers who are willing to upgrade their risk management practices, share the best practices in the market and learn more about the current trends and approaches in risk management today.
This Enterprise Risk Management (ERM) Vs. Integrated Risk Management (IRM) for Non-Risk Professionals training course will highlight:
- Risk Management in the Context of Corporate Governance
- Risk Management, Internal Auditing & Compliance Triangle & Relationship
- Components of ERM, Added Value, Obstacles and how to control it
- Risk Management Taxonomies; recognition, mitigation and reporting
- Role of ERM during crisis and Business and Financial lessons learnt from crisis situations
TRAINING OBJECTIVES
This training course aims at improving the adaptation and integration of the concept and fundamental components of Risk Management.
At the end of this Enterprise Risk Management (ERM) Vs. Integrated Risk Management (IRM) for Non-Risk Professionals training course, participants will be able to:
- Learn how effective risk management implementation enables the assessment, monitoring and reporting of different risks in support of decision making, business performance, and adherence to regulations, policies and mandates.
- Integrate risk analysis into decision making to support the business, gain an improved alignment of integrated risk management to mission & vision of the organization and provide value.
- Understand organizational risks, risk appetite, risk tolerance, RCSA (CSRA), heat map and how to incorporate this into business planning.
- Acquire the ability to link internal audit planning to organizational risk considerations, international frameworks and Standards to provide an organizational specific risk focused internal audit plan
- Explore Risk-based Internal Audit & Risk-based Compliance new approaches.
WHO SHOULD ATTEND?
This EuroMaTech training course targets any manager or executive with a diversified background looking to learn the fundamentals and taxonomies of Risk Management as it’s presented in a manner that reduces the jargon to basic principles.
This Enterprise Risk Management (ERM) Vs. Integrated Risk Management (IRM) for Non-Risk Professionals training course is suitable to a wide range of professionals but will greatly benefit:
- Senior Management
- Risk Management, Internal Audit and Compliance Officers
- Officers involved in the process of Corporate Governance
- Strategic Planners and Business Analysts
- Newcomers to Business Strategic Planning
TRAINING METHODOLOGY
Participants will receive an in-depth training on the subjects covered by the EuroMaTech training course outline with the instructor utilizing a variety of proven adult learning teaching and facilitation techniques. The Enterprise Risk Management (ERM) Vs. Integrated Risk Management (IRM) for Non-Risk Professionals training course methodology includes group discussions, Quizzes, group presentation etc.
TRAINING SUMMARY
This training course is designed to provide essential skills and enable trainees to develop a deeper understanding of risk frameworks, their practical application, and strategic alignment.
Essential Skills Covered are Foundational Understanding of Risk Management Frameworks, Risk Identification, Categorization, Decision-Making with Risk Information and Strategic Awareness and Bridging Gaps Between Risk and Non-risk functions within the Organization and Informed Decision-Making.
This Enterprise Risk Management (ERM) Vs. Integrated Risk Management (IRM) for Non-Risk Professionals training course allows participants to:
- Gain a robust knowledge of risk management concepts tailored to non-risk professionals.
- Develop the ability to integrate risk considerations into their day-to-day responsibilities.
- Foster a risk-aware culture within their teams and departments.
- Improve organizational resilience through effective risk identification, assessment, and mitigation practices.
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 info@euromatech.com
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 inhouse@euromatech.com
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.
