Risk Management
Most companies seek to nurture a healthy risk culture where everyone across the organisation understands their responsibilities for managing risk.
All firms should invest in risk management and have robust risk management procedures.
Our Risk Management course explains what risk management is and why it is important. You'll also familiarise yourself with the Management of Risk (MoR) framework developed by the UK Government.
Learning objectives
- Appreciate what risk management is and its key benefits for our Company
- Identify who has ownership of risk management
- Understand the Management of Risk (MoR) framework
- Identify regulatory expectations in relation to risk control
- Recognise why communication is an essential aspect of risk management
Welcome
- Learning objectives
- How to complete this course
What is risk management?
- The goal of risk management
- You decide: Understanding risk management
Categories of risk
- Risk: The current climate
Who manages risk within a company?
- When is risk management important?
Risk management frameworks
- What is the MoR framework?
- MoR principles of risk management
- You decide: Adopting the MoR principles
- The MoR framework processes
- You decide: The MoR framework processes
The UK Financial Conduct Authority's (FCA's) requirements for risk control
- You decide: What is the purpose of risk control regulation?
- How do we comply?
- You decide: Overcoming barriers
Communication & the MoR framework
- You decide: Why is communication essential?
