Course description
Chief Risk Officer (CRO) Programme
This course is designed to help participants understand the best-practice essentials of undertaking modern and strategic, executive-level risk management (i.e., Chief Risk Officer duties). In the course we learn how risk management should be defined and structured—both conceptually and functionally—so that a CRO can offer the best support to his or her business colleagues, CEO and board. In particular, we focus on how it is essential for the CRO to establish an effective, enterprise risk management (ERM) function that acts as a strategic enabler”: focusing principally on addressing the challenges that impact the overall, corporate strategy and the achievement of business objectives. We explore everything from the tools and methods that a CRO must make part of his or her toolkit to the human resource and psychological challenges that he or she is likely to face in defining and establishing his or her CRO role.
Training content
Day 1
- Introduction
- Course Overview
- Key Takeaways
- Fitting Into the Role
- Overview
- What CEOs, Boards and Stakeholders want from the CRO
- Challenges facing the CRO
- Framework-First”: COSO ERM
- The Problem with Strategy
- The Problem with Risk Management
- Fixing Both Problems: A Personal Case Study
- Positioning the CRO
- Defining the CRO Role
- Case Study: The Humble CRO
Day 2
- Case Discussion
- Steps to defining the CRO role
- Making Risk Strategic
Day 3
- Challenges
- Understanding undesirable Risk-Taking
Day 4
- Structural Challenges
- Developing a Reporting apparatus
- Case Exercise
Day 5
The Biggest Challenge: You!
Costs
Course fee
- London - £5295 + VAT
- Dubai - £5295 + VAT
- Virtual - £5295 + VAT
Certification / Credits
Key Course Highlights Include:
- Step-by-step guidance in how to design, develop, establish and implement an entire, enterprise-wide risk function from the board-level down to detailed operations
- In-depth discussion of the roles and responsibilities of the CRO, the executive team colleagues, the CEO and board
- Exercises in how the CRO is to implement the ERM Process Steps and align his or her risk function with the company's strategic objectives
- Introduction of various tools and methods for developing a risk strategy for the purpose of embedding risk within the organization and catalyzing oversight
- An outline of the ideal reporting framework for a CRO, that is principally more strategic and forward-looking than traditional, backwards reporting
- Guidance in how to address internal political as well as practical challenges in establishing an effective risk function and executing the CRO role
- In-depth discussion of how to guide and instruct the board in the formation or restructuring of the risk committee, its agenda and purpose, in conjunction with its dependence upon the CRO
- Learning how to develop the personnel and management structure of a risk function, from hiring, tooling and training to the equipping of risk analysts with the appropriate systems
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Euromoney Learning
At Euromoney Learning, we understand that learning doesn’t start and end when you leave the classroom. We know that the financial markets never stand still, and that technology has both simplified and added complexity at a break-neck pace. That’s why...