There are two main things which make returning for Open Programs such a valuable and worthwhile experience. The first is being back on campus – meeting the current students, returning to campus again, the whole experience was just so pleasant. The second is the level of quality in the courses – the faculty teaching are absolute experts.
Risk management is a core competency of banks. Recent events such as the financial crises and major compliance breaches demonstrated that risk governance (including risk culture and risk strategy/appetite) is still not fully developed at many firms. Thus, this course is focused on the qualitative elements of risk management, involving extensive group work and up-to-date case studies. The course is hence highly interactive, incorporating the views and experience of the participants.
Upon completion of this course, you will understand:
- Governance of risk management (Three lines of defence model, role of the CRO/CFO, roles of risk committees, link to compliance, internal audit and other functions)
- Risk strategy and appetite
- Risk culture
- Regulatory requirements on risk governance aspects
- Principal-Agent theory
- Three lines of defence concept
- Corporate Governance Principles
- Risk Culture
This course is offered in the part-time Master in Finance program and may be attended on a “no credit” basis by individuals not enrolled in the program. Course participants are visitors who are not responsible for assignments and do not take an exam or earn academic credits. As the number of seats in the course is limited, we recommend to register online early.
Prof. Kaiser has been teaching master students on risk management for more than 20 years. In his long-time affiliation with KPMG, he was responsible for advising leading banks and insurance companies globally on Non-Financial Risk Management. Prof. Kaiser has also worked for Deutsche Bank, Commerzbank and HypoVereinsbank on Operational Risk and for WestLB on market risk topics.
Prof. Kaiser is co-author of “An Introduction to Operational Risk” and co-editor of “Non-Financial Risk Management: Emerging Stronger after COVID-19”, “Reputational Risk Management in Financial Institutions” and several other books and has written numerous articles. He is an associate editor of the “Journal of Operational Risk” and a regular speaker on Risk Management at national and international conferences as well as a member of the advisory board of FIRM (Frankfurt Institute of Risk Management and Regulation).
Course materials will be provided in electronic form.
Campus Westend of Goethe University Frankfurt.
A GBS certificate of participation is awarded upon completion of the course.
€ 950 (fee is exempt from VAT). The fee for GBS students or alumni amounts to € 400.
|Sat., April 6, 2024||11:30-13:30, 14:30-16:30|
|Sat., May 4, 2024||11:30-13:30, 14:30-16:30|
|Sat., July 6, 2024||09:00-11:00, 11:30-13:30|