Enterprise Risk Management (Advanced)

The objective of the course is to provide a comprehensive overview of the Enterprise wide risk and understand the evolving and increasing components of risk.

They will identify the main stakeholders, their divergent requirements and how these are addressed as well as how this is done in an integrated, holistic way. Participants will also learn about Capital adequacy, Basel, Solvency, Asset Quality, Credit Risk, etc, all through a holistic integrated approach.

The GFC has clearly shown that a silo approach to risk management can be quite fatal for organisations. To understand and manage the aggregate risk profile of the Bank and put that in context of the overall risk appetite, understanding and embedding ERM becomes essential.

At the end of the course the participants would:

• Provides a clear understanding of the essentials of ERM and an ERM framework –and understand how that is set up in the Bank.
• Be able to understand why the ERM framework is put together in a certain way and be able to challenge the comprehensiveness of a framework as the bank evolves.
• In this process, become aware of the way risk categories and classifications have evolved – globally. The new risk types coming to the fore and the challenges in integrating them into the framework. Also, from a Basel perspective. Starting with the broad classification of Financial and Non- Financial Risks
• Looks into the major risk types / classes in detail and also how they are overseen in an integrated fashion.
• Develops the concept of the Integrating lenses of Balance Sheet perspectives, ALCO, ICAAP etc.
• Identify the main stakeholders, be able to discuss their respective expectations and look at regulatory requirements.
• In the context of the framework, understand the key components of issues like governance, measurement, reporting, proactive and reactive management etc.
• Study the concept and importance of risk culture and their contribution to this very important topic that essentially binds it all together – ensuring behaviour.

Through the learnings they will also contextualise concepts in the local banking landscape.