How To Practically Prepare Risk Registers

Description

Are you an employee working in a company or an organization? Then must be required, as part of your job, to identify the risks being faced by your department or your unit and assess the impact and likelihood of those risks in some meaningful form. Especially, if you are working in a large organization or a financial institution, then the Enterprise Risk Management department or Risk Management department, must have contacted you to prepare your Risk register. Am I right? This course is for you. Proper Risk registers help in the identification of key and significant regulatory risks, operational risks, financial risks, legal risks, etc., being faced by your department or function and you then know the controls that are found weak to mitigate the risks and so on.

Are you are a Businessman or an Entrepreneur? You may probably be aware of your Business, Operational, Regulatory, and other risks BUT you may not know how to logically record, analyze and assess your company or business risks, so that you may identify weak processes, significant risks, and weak controls. Am I right? This course is for you. I would recommend you to take this course because if you are a businessman or an entrepreneur, then you should know how to perform Risk Assessment using a proper methodology and Risk Register. If you know it, then you may direct your employees to make it a habit of maintaining the department or function-wise Risk Registers which will help you to know and analyze your existing and emerging risks on a timely basis. Risk registers help in the identification of key and significant regulatory risks, operational risks, financial risks, legal risks, etc., and the controls that are weak or require amendment or improvement.

And, if you are a Business and Risk Consultant, then as part of your services, you may be required to perform the risk assessment of your client, for any specific department or function, using the Risk Register. Do you know how risk concepts and the methodology of performing a risk assessment using a Risk register? This course is for you.  Depending on the Scope of work, you being the Consultant may be required to develop the Risk Registers for your client, so that they may identify their respective legal, business, operational, compliance, or financial risks and controls profile.

This course will help you in understanding the core concepts of Enterprise Risk management and you will learn how the risks are analyzed and assessed in a Risk register by applying a risk assessment methodology. This course will give you practical knowledge about how a department/company prepares its Risk Registers using Risk Assessment Criteria and Methodology. Mind that preparation of Risk Registers is an ongoing process.

What You Will Gain / Benefits from Attending This Course:

You will learn:

• Core concepts of Risks, Adverse Impacts of Risks,

• Risk Categorization, Inherent Risk, Residual Risk,

• Interrelationship of Risks,

• Significant and Insignificant Risk,

• Inherent and Residual Risk Assessments etc.,

• Action / Mitigation Plan,

• How to prepare the "Risk Register" using Risk Asset Criteria and Risk Matrix,

• Practical Case Studies: how Risk Registers are practically prepared.    

A mock test is made part of this course to test your knowledge

Other Benefits?

After attending this course you will be able to:

- Apply concepts of ERM and prepare Risk Registers for your company or any department

- Confidently communicate with Risk Management professionals

- Apply for Enterprise Risk Management (ERM) jobs that require the preparation of risk registers or risk matrix

- Get the certificate of the course completion

- Pursue a career progression in Risk Management or Enterprise Risk Management etc.

Who is this course for:

• Risk Management Professionals and Students

• Information System IS Security, IS Audit, IT Professionals and Students

• Business and Risk Consultants

• Internal Audit Professionals and Students

• Finance Professionals and Students

• Business owners

• Chief Executive Officers (CEO)

• CISA, CISM students

• Compliance professionals and

• Anyone who wants to learn the core concepts of ERM and the Risk Register preparation process.

TAKE THIS COURSE