Enterprise Risk Management Masterclass

About The Seminar

Good risk management is a value-adding activity which impacts the achievement of organisational strategy and objectives, the stability of earnings and bottomline performance. Risk also affects an organisations credit rating, share price and reputation. Therefore, enterprise risk management must be a key consideration for any business. Over the past decade, the complexity of risk has changed and new risks have emerged largely due to a complex and fast changing business environment. Many organisations have suffered massive losses from events such as frauds, misconduct, regulatory breaches, cyberattacks, data leakages and extreme weather events. Boards and senior executives have enhanced their awareness and oversight of enterprise risk while asking for improved risk information and reporting. There is an urgent need for organisations to improve their approach to managing risk to meet the demands of a fast evolving business environment.

KEY LEARNING OBJECTIVES

This comprehensive course will provide practical working knowledge of the latest risk management practices. Learn how to:

Embed and enforce a good risk culture in the organisation
Implement a risk governance model for effective risk oversight
Develop an enterprise risk management framework that is integrated with organisational strategy and performance
Develop risk appetite and tolerance statements and embed them into risk management processes
Apply the risk management process to identify, analyse, evaluate, treat, monitor and report risks
Select effective indictors to monitor key risks
Apply the risk management process to manage project risks.

Seminar Agenda

23^rd September

Risk concepts and risk vocabulary

Risk definition
Understanding risk causes, events and impact – The Bow Tie Diagram
Linking risk to strategy, business objectives and performance
Types of risks and risk interconnectivity

Emerging risks and Top Risks – What’s on the horizon

Emerging risks and market trends
Class discussion and experience sharing on emerging and rising risks in organisations

Risk Management Principles

ISO 31000 Risk Management Principles
COSO ERM Principles

24^th September

Enterprise Risk Management Frameworks

ISO 31000 Framework
COSO ERM Framework

Culture and conduct

Definition of risk culture
Key elements of a good risk culture
How to embed, monitor and reinforce the desired risk culture
Indicators of good risk culture
Case studies and class discussion on risk culture

Risk Governance

Key elements of an effective risk governance model, the Three Lines of Defence
Risk governance structure, and roles and responsibilities

Risk Appetite

Risk appetite and risk tolerance – the difference
Risk appetite and tolerance statements
Risk assessment criteria, impact and likelihood scales and the risk rating matrix
Embedding risk appetite and tolerance into risk management processes

25^th September

The Risk Management Process (ISO 31000 Risk Management Standard)

Establishing the scope, context and criteria
Risk identification, analysis and evaluation
Risk treatment strategies
Risk monitoring and review
Communication and consultation
Recording and reporting

Risk Management Tools

Risk and Control Self-Assessments (RCSA)
Key Risk Indicators (KRI)
Scenario analysis
Risk events and loss data collection

Risk Reporting

Reporting risks to the Risk Committee and Board of Directors
Types of reporting

Project Risk Management (using ISO31000)

Establishing the context
Establishing risk rating criteria for projects
Identifying and assessing project risks
Defining KRIs to monitor key project risks
“Treatment” of project risks
Communicating and consultation with relevant stakeholders

Course Conclusion

COURSE SCHEDULE

08:30 – 09:00: Registration & Welcome Coffee

09:00 – 10:30: Session 1

10:30 – 11:00: Coffee Break

11:00 – 12:30: Session 2

12:30 – 13:30: Lunch

13:30 – 15:00: Session 3

15:00 – 15:30: Coffee Break

15:30 – 17:00: Session 4

Where & When

Date: 23^rd – 25^th September 2019
Venue: Sofitel Fiji Resort & Spa

Who Should Attend?

Business Heads
Heads of Risk Management
Risk Managers
Compliance officers
Line managers
Auditors

Fee

Early bird : USD 1,799
Standard : USD 1,999 per delegate
2 delegates (5% Discount) : USD 1,899 per delegate
3 delegates (15% Discount) : USD 1,699 per delegate
4 delegates (20% Discount) : USD 1,599 per delegate
5 delegates (30% Discount) : USD 1,399 per delegate

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802.
In-House Training Brochure

Manual Registration

Kindly complete the registration form and email to [email protected] or fax +603 2162 7810

For enquiries please contact:

Mathias Sosovele
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 25

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Tiviaa James
Marketing Executive
[email protected]
Direct Line: +603 2162 7800 ext 62

Where & When

Date: 23^rd – 25^th September 2019
Venue: Sofitel Fiji Resort & Spa

Who Should Attend?

Business Heads
Heads of Risk Management
Risk Managers
Compliance officers
Line managers
Auditors

Fee

In-house/group training

If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802./p>

Manual Registration

Kindly complete the registration form and email to [email protected] or fax +603 2162 7810

About The Seminar

KEY LEARNING OBJECTIVES

This comprehensive course will provide practical working knowledge of the latest risk management practices. Learn how to:

Embed and enforce a good risk culture in the organisation
Implement a risk governance model for effective risk oversight
Develop an enterprise risk management framework that is integrated with organisational strategy and performance
Develop risk appetite and tolerance statements and embed them into risk management processes
Apply the risk management process to identify, analyse, evaluate, treat, monitor and report risks
Select effective indictors to monitor key risks
Apply the risk management process to manage project risks.

Seminar Agenda

23rd September

Risk concepts and risk vocabulary

Risk definition
Understanding risk causes, events and impact – The Bow Tie Diagram
Linking risk to strategy, business objectives and performance
Types of risks and risk interconnectivity

Emerging risks and Top Risks – What’s on the horizon

Emerging risks and market trends
Class discussion and experience sharing on emerging and rising risks in organisations

Risk Management Principles

ISO 31000 Risk Management Principles
COSO ERM Principles

24^th September

Enterprise Risk Management Frameworks

ISO 31000 Framework
COSO ERM Framework

Culture and conduct

Definition of risk culture
Key elements of a good risk culture
How to embed, monitor and reinforce the desired risk culture
Indicators of good risk culture
Case studies and class discussion on risk culture

Risk Governance

Key elements of an effective risk governance model, the Three Lines of Defence
Risk governance structure, and roles and responsibilities

Risk Appetite

Risk appetite and risk tolerance – the difference
Risk appetite and tolerance statements
Risk assessment criteria, impact and likelihood scales and the risk rating matrix
Embedding risk appetite and tolerance into risk management processes

25^th September

The Risk Management Process (ISO 31000 Risk Management Standard)

Establishing the scope, context and criteria
Risk identification, analysis and evaluation
Risk treatment strategies
Risk monitoring and review
Communication and consultation
Recording and reporting

Risk Management Tools

Risk and Control Self-Assessments (RCSA)
Key Risk Indicators (KRI)
Scenario analysis
Risk events and loss data collection

Risk Reporting

Reporting risks to the Risk Committee and Board of Directors
Types of reporting

Project Risk Management (using ISO31000)

Establishing the context
Establishing risk rating criteria for projects
Identifying and assessing project risks
Defining KRIs to monitor key project risks
“Treatment” of project risks
Communicating and consultation with relevant stakeholders

Course Conclusion

COURSE SCHEDULE

08:30 – 09:00: Registration & Welcome Coffee

09:00 – 10:30: Session 1

10:30 – 11:00: Coffee Break

11:00 – 12:30: Session 2

12:30 – 13:30: Lunch

13:30 – 15:00: Session 3

15:00 – 15:30: Coffee Break

15:30 – 17:00: Session 4

Seminar Speaker

Patricia Jalleh
Founder and CEO
(Enterprise Risk Associates,
Singapore)

Patricia Jalleh is the Founder and CEO of Enterprise Risk Associates, a boutique risk training and consultancy firm based in Singapore. She is a leading practitioner and expert in the operational risk industry and was recognised as one of the “Top 50 Faces for Operational Risk” by the Operational Risk & Compliance Magazine in January 2009. She has more than 25 years of experience in the financial services industry working in the fields of internal audit, technology, operations, operational risk management and risk strategy. She has held several leadership roles, including Executive Director for Risk Strategy and Group Head of Operational Risk Management at United Overseas Bank, Vice President of Operational Risk for Technology & Operations at DBS Bank, and Head of Operational Risk for Group Consumer Bank and Internal Audit Manager at Standard Chartered Bank.

Patricia has extensive experience in implementing operational risk management frameworks, policies, systems, tools and processes from the ground up, having pioneered the operational risk management function for a bank in 1996. At another bank, she was a lead member of their operational risk task force set up to develop and roll out an operational risk management framework within the Group. She has experience in training and building up ORM teams at new or merged bank subsidiaries. In 2009, she was instrumental in her bank achieving the QFC-Asian Banker Achievement Award for Risk Management.

Patricia’s expertise includes design and development of operational risk management frameworks, risk governance, risk appetite, policies, event/loss databases, internal controls, risk and control self-assessments, key risk indicators, scenario analysis and risk reporting. She has also developed frameworks for addressing new product and initiatives risk, business continuity risk, outsourcing risk and reputation risk.

She was the Chairman of the ASEAN Banking Association Sub-committee for Operational Risk (2007 – 2010), Chairman of the Operational Risk Management Task Force of the Association of Banks in Singapore (ABS) and member of the Risk Management Standing Committee of the ABS (2006 – 2010). She was a member of the Singapore Financial Industry Competency Standards Risk Management Advisory Panel and the Risk Management Working Group (2006 - 2011).

Patricia has delivered numerous presentations and trainings across Asia (Singapore, Malaysia, Hong Kong, Thailand, Indonesia, Philippines, Brunei, Taiwan, China, Vietnam, Cambodia). She is a trainer for the National University of Singapore Risk Management Institute (NUS-RMI) Specialist Diploma in Operational Risk Management and the Singapore Institute of Banking & Finance Certification in Operational Risk Management. She is also a trainer for the ISO 31000 Risk Management Standard and the GARP FRM (Financial Risk Manager) program.

Patricia is a Fellow of the Chartered Association of Certified Accountants, UK and a Certified Information Systems Auditor (CISA).

Seminar Registration

*Please note there is a fee for attending this program. Please contact us for more details.

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Before completing this registration form please read and understand our booking and cancellation policy. Thank you.

Booking, Payment and Cancellation Policy

By completing, signing and sending us this registration form you are confirming delegate places on the seminar. You are also confi rming your understanding of our Booking, Payment and Cancellation Policy.

Cancellation: If delegates cannot attend the seminar replacement participants are always welcome. Otherwise delegates must request in writing (letter, fax or email) to cancel registration/s or transfer to a diff erent seminar at least 21 days before the seminar start date to be eligible for a refund, less a 5% administration fee. Delegates who cancel within 21 days of the seminar start date, or who do not attend, are liable to pay the full seminar fee and no refunds will be given. Instead fees will be converted to a IFN Seminars voucher equivalent to the original fee, less a 15% administration charge. This voucher is transferable within your organization and must be redeemed within one year of issue or become void. If a seminar is postponed for whatever reason delegate bookings will be automatically transferred to the new seminar date. Delegates who wish to transfer to a diff erent seminar will be subject to the same terms as above and charged the diff erence in seminar fees. No refunds or seminar vouchers will be issued for a no-show. Payment Terms: All seminars fees are to be received within 14 days of invoice date. REDmoney shall receive the full seminar fee with no deductions of any description. All telegraphic transfer fees, taxes and levies (domestic or otherwise) shall be borne by the sponsoring organization.

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For enquiries please contact:

Mathias Sosovele
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 25

Normariya Sariman
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44

Ramesh Kalimuthu
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810

For sponsorship & speaking opportunities:

Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802

For marketing and media enquiries

Tiviaa James
Marketing Executive
[email protected]
Direct Line: +603 2162 7800 ext 62