The 2023 Effective Risk Management Toolkit in Business World
What you'll learn
- Learn the world-class risk management tools to manage risks effectively in any organization
- Describe the roles and responsibilities of: Business Units; Risk Management Division and Internal Audit in managing risks
- Understand the modern Risk Management tools in elite organizations like : CRSA, KRI, LED, Scenario Analysis
- Understand the common risk language and vocabularies that are being used by most organizations in today's world
Requirements
- None, we will teach you all the concepts from scratch, some Basic Knowledge of Risks, Businesses and Finance are helpful but not require to pass this course
Description
The uncertain economic times of the past few years have had a major effect on how companies operate these days. Companies that used to operate smoothly with the help of forecasts and projections now refrain from making business judgements that are set in stone. Now, companies have a renewed focus: to manage risk.
Risk is the main cause of uncertainty in any organisation. Thus, companies increasingly focus more on identifying risks and managing them before they even affect the business. The ability to manage risk will help companies act more confidently on future business decisions. Their knowledge of the risks they are facing will give them various options on how to deal with potential problems.
Risk management is important in an organisation because without it, a firm cannot possibly define its objectives for the future. If a company defines objectives without taking the risks into consideration, chances are that they will lose direction once any of these risks hit home. Therefore, all big consulting firms in the world like Mckinsey, BCG, Bain, PwC consulting, KPMG consulting, Deloitte consulting, EY consulting are providing risk advisory services to companies.
BY ATTENDING THIS COURSE, you would:
- Learn a modern risk management toolkits that being used by many elite organizations around the world including :
1.Risk culture
2.Risk appetite
3.Risk governance
4.Risk Management Policy and Procedures
5.Risk Self Assessment Process
6.Key Risk Indicators
7.Loss Event Database
8. Management Information System
9.Stress testing and scenario analysis
- be able to understand the governance structure in managing risks, how companies are preventing and detecting Risks on daily basis
- be able to communicate confidently with risk management professionals and consultants regarding risks and related domains
- be able to perform research and analysis on operational risks and management cases
- be able to get the first steps in pursuing a career in risk management.
- get a certificate of completion of this course
Who this course is for:
- This course has been designed to complement organisations’ existing risk management frameworks. This course will benefit to those responsible for the management of risk on a day to day basis, namely Chief Risk Officers, risk managers, compliance officers, departmental managers and risk and control owners.
- Internal Auditors and Internal Controls Professionals
- Chief Executive Officers who want to have a comprehensive view about risk management process
- Risk Management Students, Business and Finance Students, Banking Students, bankers
- Other learners who want to learn about basic concepts of Risks Management and its components
Instructor
![Thanh Nguyen CIA, ACCA, LLB,JD](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.1 Instructor Rating
- 138 Reviews
- 475 Students
- 14 Courses
Thanh is a former business consultant and seasoned audit manager at PricewaterhouseCoopers (aka PwC), the second-largest professional services network in the world and the biggest firm in the Big4 Accounting firms globally including also EY, KPMG and Deloitte. He is also an official Vietnamese-English Translator & Transcriber of Miss Universe Organization for 2021 Miss Universe event in Florida, United States of America.
He has over 13 years of experiences in various roles of corporate sector, including external audit, internal audit, legal consulting, regulatory/internal compliance, business policy consulting, risk management, business process improvement, overseeing dozens of audit projects for prestigious companies around the world, of which more than 8 years in the Banking&Finance Industry with primary task as a business audit and risk management manager (Non-IT). His client portfolio including Royal Dutch Shell, HSBC, Citibank, La Neige, CIMB, Chubb Life, Colgate-Palmolive, Triumph International, Heineken N.V (Just to name a few) ...
He holds a Bachelor of Economics (Major: Accounting and Auditing) from University of Economics Ho Chi Minh City, a Bachelor of Law (LLB) from Ho Chi Minh City University of Law, and received Juris Doctor certificate from Vietnam Judicial Academy in 2021. His studies also included the Advanced Education program from Havard Law School in Contract Law, Professional development program in Logic & Mathematical thinking from Stanford University.
Outside of work, he is an avid reader and a book lover (which in many ways he expressed that some books have changed his life), and he also loves to play football, badminton, swimming and Yoga.