Course Duration
3 Days (21 hours, Incl.1.5 hour assessment)
Course Fee
S$2,071 (inclusive of GST), per participant
More Information
Medium of Instruction: English
Mode of training – Instructor-Led (Synchronous) – Onsite or Online
Pass Criteria – 10 MCQs & 5 Open-Ended Questions (at least 70% achievement)
Venue:
20 Bendemeer Rd, #04-06 BS Bendemeer Centre, Singapore 339914
Course Objective
This 3-day certificate program equips professionals with practical knowledge and frameworks to implement Enterprise Risk Management (ERM) effectively. Participants will learn to identify, assess, and mitigate risks while aligning risk management with corporate governance, capital management, and strategic decision-making.
Course Outline:
Day 1
Chapter 1 – ERM Fundamentals
- What is Risk?
- Types of risks and consequence of unmanaged risks
- ERM Definition and Objectives
- Benefits of Effective ERM Practices
Chapter 2 – External Risk Management Framework
- COSO Framework
- ISO 31000 Standards
- S&P ERM Framework
- MAS Risk Management Guidelines
- Changing roles of regulators
Chapter 3 – Corporate Governance
- Definition of Governance
- Singapore Corporate Governance Guidelines
- Governance Committee Structure
- Key Functions and Controls
Chapter 4 – ERM Framework
- Three lines of defence model
- Risk Culture and development
- Risk Appetite, Risk Preference & Risk Tolerance
- Risk Profile & Linkage with Risk Appetite
Workshop: Risk Culture Exercise
Day 2
Chapter 5 – ERM Process
- Risk Identification
- Risk Assessment
- Risk Treatment
- BCM and Risk monitoring
Chapter 6 – Capital Management
- Definition of Risk Financing
- Capital Management Process
- Stress Testing Framework
- Fundamentals of Capital Modelling
Workshop: Stress Testing Exercise
Day 3
Chapter 7 – Risk-Based Decision Making
- Understand Decision Making Environment & Process
- Decision Making Stakeholders, Process & Assessment
- Roles of Risk Managers in Decision Making
- Case Study: Blackstone Decision Making
Chapter 8 – Risk and Resilience Decisions
- Introduction to Organisational Resilience
- Case Study: Taco Bell Resilience Decisions
- Crisis Management Framework
- Emerging Risk Management through Sensing
Workshop: Sensing Group Exercise
Concluding Remarks
Assessment
Company Sponsored Form (More than 1 participant)