Audit, Risk & Governance · Short course
Risk Management Training
This Risk Management Training course provides you with a general overview of all main aspects of risk management, starting from the definition of the term and going through the building blocks of the total integrated…
The programme
Programme overview
This Risk Management Training course provides you with a general overview of all main aspects of risk management, starting from the definition of the term and going through the building blocks of the total integrated Enterprise Risk Management (ERM) model, together with its related risk governance arrangements. This course will enable participants to appreciate the need and urgency to revisit their existing risk management framework, with an aim to improve and align it with the overall organisational strategic plan.
It will also allow a better understanding and clarity on the functional structures, roles, and responsibilities required to ensure effective, enterprise-wide risk management implementation — including how King IV, and the emerging King V code, shape governance expectations for South African organisations specifically.
Who should attend
Who is this programme for?
- Risk / Compliance Management Function
- Executive Management and Directors
- Governing Body & CEO Level
- Senior Management and Middle Management
- Senior Risk Officers
- Internal Audit Function
- Internal Control Function
Learning outcomes
What you will learn
- Understand the definitions of key risk and risk management terms
- Explore the different stages of the risk management process
- Learn the tools and techniques used for risk assessment
- Study risk formulation, risk ranking, and risk treatment
- Learn about risk appetite, risk tolerance, and risk escalation
- Understand the Enterprise Risk Management (ERM) model
- Study the risk governance framework, including King IV/V's requirements for South African organisations
- Explore how AI is reshaping risk management, including the ISO 23894 AI risk management standard
Explore the programme
Detailed programme outline
- King IV's (and the emerging King V's) requirements for South African organisations, including the Three Lines Model and combined assurance
- The ISO 23894 AI risk management standard, and how it applies to AI-assisted risk monitoring and reporting tools
Learning approach
How you will learn
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.
Discuss your requirements
Dates, duration & arrangements
Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.
Enquire about this programme