Certificate in Risk Management

Certificate in Risk Management

Training Overview

Certified by Anglia Ruskin University and Netherlands Center of Governance (NCG), Complete this exam to earn your Professional Certificate in Risk Management from DCarbon Egypt and RISC Legal Academy certified by Anglia Ruskin University and Netherlands Center of Governance (NGC).

Why The Training

  • You will learn the new international standards and best practices in risk management.
  • You can become a Certified Risk Professional.
  • This is an advantage on your resume, serving as a third-party endorsement to your knowledge and experience. Certificates give the necessary assurance that you have the knowledge and skills to accept more responsibility in your organization.
  • You improve your resume in order to meet the new “fit and proper” requirements for managers and employees in risk management.
  • This course has been designed to provide with the knowledge and skills needed to understand and support enterprise wide risk management, and to promote best practices, and international standards that align with business and regulatory requirements.
  • The course provides with the skills needed to pass the professional exam.
  • This course is intended for professionals that want to understand risk to work as risk officers.
  • This course is intended for employers demanding qualified risk professionals.

Who Should Attend?

  • Heads of Compliance
  • Banking and Investment officers
  • Risk Professionals
  • Internal and External Auditors
  • Legal Personnel
  • Finance Managers
  • Business Consultants  Board Secretaries
  • Personnel and commissioners of governance regulators such as Central Banks, Capital Markets Authorities, Audit Bureaus, Ministries and other related government entities
  • Board members who need to add to their knowledge and understanding
  • Senior Management needs a greater understanding of the role and practicing Risk Management
  • All other people who are keen to add to their expertise in this important subject to enhance their career path

Training Outline:

The program consists of four modules , delivered through 3 days sessions, total of 20 hours. To be certified in Risk Management, in the last day of the program the  candidate will be subject to a multiple-choice assessment of 50 questions during 90 minutes exam and  case study with 50% passing degree. 

Module 1: Definition of Risk Management

Overview of Risk Management

  • Need for risk management
  • Some sources of risk
  • Some common risk categories

Overview of risk management process

  • Definition of risk
  • risk management process steps (planning, assessment (identification, analysis, handling, and monitoring)

Module 2: Designing and Implementing a Risk Program

  • Designing and Implementing an enterprise wide Risk Program o Documentation
  • Testing o Training
  • Ongoing with laws and regulations
  • The company and other stakeholders
  • Managing the regulators and change in regulations
  • International and national regulatory requirements
  • What is different
  • The MENA countries
  • New standards
  • Multinational companies and risks challenges

Module 3: Risk Management Framework

Enterprise Risk Management Framework

  • How to develop the risk profile and your entity risk mitigation plans
  • Components of the risk register
  • Risk categories (Operational, financial, strategic , market risks)
  • Tools and techniques to assess the risk and controls
  • What is risk strategy and how it is linked to business strategy
  • What is risk appetite and how to develop it for your entity o Risk reporting packs
  • The concept of risk governance
  • Risk ownership , mandates and roles of key stakeholders

The Frameworks of Risk Management 

  • The Control Environment.
  • Risk Assessment.
  • Control Activities.
  • Compliance with applicable laws and regulations.
  • IT Controls.
  • Enterprise Risk Management (ERM) Framework.
  • Risk Assessment.
  • Risk Response.
  • Control Activities.
  • Information and Communication.
  • Objectives: Strategic, Operations, Reporting, Compliance.
  • Implementation plan.
  • Impact
  • Key Goal Indicators (KGIs).
  • Key Performance Indicators (KPIs).

Risk Reporting

  • What are the key risk reports, how to develop such reports, and who are the key stakeholders
  • How to read risk reports and link them with business performances
  • What are the important key risk indicators (KRIs) and how to quantify and measure them
  • Basis of risk modeling 

Module 4: Operational Risks 

  • What is operational risk
  • Legal risk
  • Information Technology operational risk
  • Operational, operations and operating risk
  • The evolving importance of operational risk
  • Quantification of operational risk
  • Loss categories and business lines
  • Operational risk measurement methodologies
  • Identification of operational risk
  • Operational Risk Approaches
  • Basic Indicator Approach (BIA)
  • Standardized Approach (SA) o Alternative Standardized Approach (ASA)
  • Advanced Measurement Approaches (AMA)
  • Internal Measurement Approach (IMA)
  • Loss Distribution (LD)
  • Standard Normal Distribution
  • Expected loss (EL), Unexpected Loss (UL)
  • Value-at Risk
  • Calculating Value-at Risk
  • Stress Testing
  • Operational Risk Measurement Issues
  • Operational risk management
  • Operational Risk Management Office
  • Key functions of Operational Risk Management Office
  • Key functions of Operational Risk Managers
  • Operational risk sound practices
  • Operational risk mitigation

Duration:

3 Days

Certification:

Netherland Center of governance NCG

Instructors:

Mr. Ahmed Kiswani

Ahmed is a subject matter expert in Corporate Governance implementation, he is a Certified Corporate Governance Officer (CCGO), and he brings an experience of more than 15 years in corporate governance, risk management and regulatory compliance. 

He was the head of Corporate Governance and Compliance in one of the large leading banking groups in the world. He is responsible for managing the implementation of corporate governance principles and regulations for the group’s subsidiaries and branches that are extending to more than 15 countries around the world. 

He worked with EY Advisory practice for 10 years with a key focus on designing and implementing corporate governance framework, developing governance policies and procedures, operating models and compliance dashboards. 

Worked with the IFC – World Bank on several initiatives related to raising the awareness of corporate governance around the world. He has an extensive experience in designing corporate governance solutions for regulators, stock exchanges, large banks, companies, NGOs and family businesses. 

He designed Board effectiveness, assessment and development frameworks for several organizations, developed remuneration governance parameters and architected disclosure and transparency tools. 

Has an extensive experience in corporate governance training and coaching, he is a speaker in several global events and seminars on GRC subjects (Governance, Risk and Compliance). 

 

Mr. Abed-Latif Al-Omar

It is not every business advisor who can effectively help in offering insights through vulnerable economies, help in driving change when core businesses are undergoing extreme pressure for restructuring, and be able to play influential part to ensure clients achieving their businesses strategic goals. However, this is a primary part of Abed-Latif Al-Omar’s signature offering. 

Abed-Latif Al-Omar is a professional expert and business executive with over 20 years of diversified financial, audit, risk and business experience in the MENA and US markets. His extensive experience is specialized in different industries and business sectors; namely Retail, Wholesale, Real Estate, Oil & Gas, IT, and Public Accounting. He is also a licensed professional instructor in the fields of finance and audit professional training courses and certifications for the past 14 years in MENA region. Being differentiated by an uncommon complement of financial management and audit expertise combined with strong business acumen, he demonstrated excellent capability to view clients businesses with a bird-eye and narrow down to connect the dots, identify business drivers, understand complex issues, advise actions to drive results.

He also worked with many large and SME organizations, where he had significant contribution in providing advanced services and consultations to maximize shareholders equities and brands value positioning. He worked closely with Board of Directors, CEOs, and Executive Management in leading strategic initiatives that had positive impact on multiple business areas, driving down costs, increasing revenues, and improving overall performance of clients business units. 

Before joining Talent United International as partner, Abed-Latif Al-Omar was the Head of Internal Audit at The Sultan Center Company (TSC); a market leading publicly-traded group in Kuwait that operates successful retail stores and chain of restaurants with an annual turnover of US$ 1 billion and over 7,000 employees located in Kuwait, Oman, Bahrain, Lebanon, and Jordan. Prior to TSC, he worked as a Financial and Operational Director and Co-founder for a start-up IT company; Taleem Information Technologies (TIT); specialized in producing and selling innovative high-tech educational technologies and IT solutions to the Middle East market.

Previously, he rendered financial advisory services to Dar Al Hai General Trading & Investment Company (DAH) on an outsourcing basis before he joined the company permanently as a Finance Director to oversee the company’s trading and investment portfolio of US$ 100 million in total assets and US$ 130 million in annual revenues operated in the GCC Heavy Machinery and Real Estate markets; namely Dubai market.  Prior to moving to DAH, Abed-Latif Al-Omar relocated with Arab Mining Company (ARMICO); a holding company of US$ 400 million in total assets, as the Internal Audit Manager. Prior joining ARMICO, he worked as an associate auditor with KPMG Houston, USA; one of the world-wide Big 4 auditing and consulting firm.  Abed-Latif holds an MBA degree from SE Oklahoma State University, USA and a Bachelor of Science in Accounting from the University of Jordan. He is also a US Certified Public Accountant (CPA) and a Certified Corporate Governance Officer (CCGO).