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