Enterprise Risk Management

Enterprise Risk Management
A Three-Part, Online Course

Date: 10^th - 12^th July 2023

Patricia Jalleh, Former Executive Director for Risk Strategy & Group Head of Operational Risk Management at a leading Southeast Asian financial institution

INTRODUCTION

Effective risk management is a value-adding activity which impacts the achievement of organisational strategy and objectives, the stability of earnings and bottom line performance. Risk also affects an organisation’s credit rating, share price and reputation. Therefore, enterprise risk management must be a key consideration for any business. In recent years, the business landscape has changed dramatically, largely due to fallouts from the Covid19 pandemic and the Russia/Ukraine conflict. Organisations globally have suffered severe effects from lockdowns, supply chain disruptions, systems and operational disruptions, energy crises, cyberattacks, market volatility, inflation and the ongoing economic instability. Many organisations have suffered significant losses from events such as frauds, misconduct, AML and sanction breaches, malware, ransomware, data leakages and extreme weather events; just to name a few. Additionally, technology advances such as digitalisation, artificial intelligence, machine learning, robotics have also dramatically altered the risk landscape.

There is an urgent need for organisations to improve their approach to managing risk on an enterprise-wide basis to meet the demands of the dynamic and fast evolving business environment.

Course Objectives:
- This comprehensive course will provide practical working knowledge of the latest risk management practices. During the program, attendees will learn how to:
  - Develop an enterprise risk management framework that is integrated with organisational strategy and performance
  - Implement a risk governance model for effective risk oversight
  - Embed good risk culture in the organisation
  - 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 that could threaten the achievement of organisational objectives

Fee

1 participant: RM3,250/$950
2 participants: RM6,500/$1,900
3 participants: RM9,750/$2,850
4 participants: RM13,000/$3,800
5 participants: RM16,250/$4,750

Discounts are available for group bookings. Please contact us for more details.

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.
Learn More

For enquiries please contact:

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

Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22

Enterprise Risk Management
A Three-Part, Online Course

Date: 10^th - 12^th July 2023

6.00am - 10.00am
UK

9.00am - 1.00pm
UAE

1.00pm - 5.00pm
Singapore/KL

INTRODUCTION

There is an urgent need for organisations to improve their approach to managing risk on an enterprise-wide basis to meet the demands of the dynamic and fast evolving business environment.

Course Objectives:
- This comprehensive course will provide practical working knowledge of the latest risk management practices. During the program, attendees will learn how to:
  - Develop an enterprise risk management framework that is integrated with organisational strategy and performance
  - Implement a risk governance model for effective risk oversight
  - Embed good risk culture in the organisation
  - 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 that could threaten the achievement of organisational objectives

WHO WILL BENEFIT?

The program is catered to a wide range of organisations, including corporates, government, regulators and financial institutions.
- C-Suite executives and board members
- Business heads
- Heads of risk management, and risk officers
- Heads of compliance, and compliance officers
- Auditors

Program Format

This three-part training program will be delivered online through a stable, secure and free-to-access platform. The program itself will be delivered through lectures, worked examples and case studies in order to ensure a detailed and practical understanding of the program content. Participants will have plenty of opportunity to ask questions and interact with the program director. Login details and program materials will be sent to participants upon receipt of payment

Fee

1 participant: RM3,250/$950
2 participants: RM6,500/$1,900
3 participants: RM9,750/$2,850
4 participants: RM13,000/$3,800
5 participants: RM16,250/$4,750

Discounts are available for group bookings. Please contact us for more details.

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.
Learn More

AGENDA AND FORMAT

Each session will be interactive in a seminar format, with participants encouraged to engage with questions throughout.

PLATFORM

AGENDA

Part 1 (4-hours)

Session 1: Revisiting Key Risk Concepts
- Risk definition
- Types of risks and risk interconnectivity:
  - Credit risk
  - Market risk
  - Liquidity risk
  - Operational risk
  - Compliance risk
  - Reputation risk
  - Strategic and business risk
- Understanding risk causes, events and impact
- Linking risk to strategy, business objectives and performance

Session 2: Emerging Risks and Top Risks – What’s on the Horizon
- Emerging risks, market trends and developments:
  - Cyber risk
  - Talent risk
  - Geopolitical risk
  - Resilience risk
  - ESG risk
- Class discussion and experience sharing on emerging and rising risks in organisations

Session 3: Enterprise Risk Management Principles and Frameworks
- ISO 31000 Framework
- COSO ERM Framework
- Embedding enterprise risk frameworks in your organisation

Part 2 (4-hours)

Session 4: Implementing Risk Governance
- Key elements of an effective risk governance model
- The three lines of defence
  - Business lines
  - The Risk function
  - The Audit function
- Risk governance structure, and roles and responsibilities

Session 5: Developing Culture and Conduct
- Definition of risk culture and conduct
- The 10 dimensions of risk culture
  - Leadership
  - Governance and controls
  - Responsibility and accountability
  - Alignment with purpose and values
  - Risk appetite and strategy
  - Performance management and incentives
  - Decision making and challenge
  - Communication and escalation
  - Risk capabilities
  - Risk culture assessment
- How to embed, monitor and reinforce the desired risk culture
- Culture and conduct dashboards

Session 6: Understanding Risk Appetite
- Risk capacity, risk appetite, risk tolerance and risk limits
- Risk appetite statements
- Linking risk appetite with the strategy and business planning process
- Embedding risk appetite and tolerance into risk management processes

Part 3 (4-hours)

Session 8: Operational Resilience
- Establishing the scope, context and criteria
- Identifying risks
- Analysing and evaluating risks
- Responding to identified risks/risk treatment strategies
- Setting indicators to monitor key risks
- Importance of communication, consultation, and collaboration
- Recording and reporting of risks

Session 8: Operational Resilience
- Key elements of operational resilience
- Identifying critical business services   
- Understanding impact tolerance and setting service recovery time objectives
- Business continuity management
- Third-party risk management

EXPERT COURSE DIRECTOR

Patricia Jalleh
Former Executive Director for Risk Strategy & Group Head of Operational Risk Management at a leading Southeast Asian financial institution

Patricia Jalleh is the Founder of Enterprise Risk Associates based in Singapore. She has more than 30 years of experience in the financial services industry and has held several leadership roles, including Executive Director for Risk Strategy, Group Head of Operational Risk Management, Vice President of Operational Risk for Technology & Operations, Head of Operational Risk for Group Consumer Bank and Internal Audit Manager. Patricia has extensive experience in implementing operational risk management frameworks, policies, tools, systems and processes. Her expertise includes Basel 2 implementation, risk governance, risk appetite, policy development, internal controls, fraud management, operational risk loss data collection, risk and control assessments, key risk indicators, risk reporting, insurance, new product risk, operational resilience and business continuity management, outsourcing and third party risk, reputation risk and development of risk training programmes. Patricia was recognised as one of the “Top 50 Faces for Operational Risk” by the Operational Risk & Compliance Magazine in January 2009. 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 (FICS) Risk Management Advisory Panel and Risk Management Working Group (2006 - 2011). In 2013, Patricia was part of a group appointed by the Singapore Institute of Banking and Finance to develop the curriculum for the Singapore Financial Industry Competency Standard (FICS) for the Risk Management Job Family which covered credit risk, market risk, balance sheet risk and operational risk. Patricia has delivered numerous presentations on operational risk at financial industry seminars and conferences and conducted numerous courses on operational risk management and enterprise risk management across Asia. She is a trainer for the National University of Singapore Risk Management Institute, preparing students for the Specialist Diploma in Operational Risk Management and the Singapore Institute of Banking and Finance Certificate in Operational Risk Management. Patricia is a Fellow of the Chartered Association of Certified Accountants, UK, a Certified Information Systems Auditor (CISA), Certified in Operational Risk Management (CIOR) by the UK Institute of Operational Risk and a certified trainer for the ISO 31000 Risk Management Standard.

WHO WILL BENEFIT?

The program is catered to a wide range of organisations, including corporates, government, regulators and financial institutions.
- C-Suite executives and board members
- Business heads
- Heads of risk management, and risk officers
- Heads of compliance, and compliance officers
- Auditors

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.

Presentation materials: – important, please read carefully

as part of our sustainability drive, we offer standard access to an electronic version of the course materials. A hard copy of the materials can be provided for a fee: RM100 per copy for Malaysia-based participants; US$150 per copy for all other locations.

Please tick here should you wish to receive a hard copy of the course materials.

Booking, Payment and Cancellation Policy – important, please read carefully

By completing, signing and revised, sent separately us this registration form you are conﬁrming participants on the program. You are also conﬁrming your understanding of our Booking, Payment and Cancellation Policy.

Cancellation Policy: If participants cannot attend the program, replacement participants are always welcome. Otherwise, participants must notify us any of cancellations or requests to transfer to a diﬀerent program at least 14 days before the program date to be eligible for a refund, less a 5% administration on fee. Participants who cancel within 14 days of the program start date are liable to pay the full program fee and no refunds will be given. Instead fees will be converted to a REDmoney Seminars voucher equivalent to the original fee, less a 10% administration charge. This voucher is transferable within your organization and must be redeemed within one year of issue or become void. If a program is postponed for whatever reason registrations and fees will be automatically transferred to the new program date. Participants who wish to transfer to a diﬀerent program will be subject to the same terms as above and charged any diﬀerence in fees. No refunds or program vouchers will be issued for a no-show.
Payment Terms: All program fees are payable upon invoice. REDmoney shall receive the full program 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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CPE/CPD Applicable:

For enquiries please contact:

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

Govina Selvanthran
Marketing Manager
[email protected]
Direct Line: +603 2162 7800 ext 22