CERM |Certified Enterprise Risk ManagerTM
CERM | Certified Enterprise Risk ManagerTM
This course is designed to provide the participant with the fundamentals of Enterprise Risk Management (ERM), the latest research, and an understanding of advanced ERM topics. This will be accomplished by teaching:
Basics of Risk and Enterprise Risk Management
Strategy, Governance, and Culture
Risk Appetite, Processes and Controls
Capital Management and Internal Models
Indicators, Events, and Scenario Analysis
Latest ERM Research
Emerging Risks
The academic learning experience will include case studies, guest speakers (allowing the opportunity for dialogue with, and lessons learned from leading industry risk practitioners), exploration of independent research. Following successful completion of the course and certification in ERM participants will be equipped with the know-how to contribute to and potentially lead ERM in an organization.
Read full course description
This course is designed to provide the participant with the fundamentals of Enterprise Risk Management (ERM), the latest research, and an understanding of advanced ERM topics. This will be accomplished by teaching:
Basics of Risk and Enterprise Risk Management
Strategy, Governance, and Culture
Risk Appetite, Processes and Controls
Capital Management and Internal Models
Indicators, Events, and Scenario Analysis
Latest ERM Research
Emerging Risks
The academic learning experience will include case studies, guest speakers (allowing the opportunity for dialogue with, and lessons learned from leading industry risk practitioners), exploration of independent research. Following successful completion of the course and certification in ERM participants will be equipped with the know-how to contribute to and potentially lead ERM in an organization.
Read full course description
CERM | In Depth Overview
CERM | In Depth Overview
2nd March 2020 – 6th March 2020
Copenhagen, Denmark
CERM | Certified Enterprise Risk Manager Course TM
5-day CourseRegular Price €3500 (€4375 incl. VAT)
€2800 Early bird before 7 Jan 2020 (€3500 incl. VAT)
______________________
Limited to just 25 participants, this executive course is designed to provide its participants with foundational ERM knowledge. This will be accomplished through a 5-day in-depth course, hosted in part, with Torben Andersen from the Copenhagen Business School as well as educators from the Global Risk Clinic. Participants will leave with cutting edge knowledge and best practices from industry experts, giving them a competitive edge in the risk management field.
Key Highlights
Risk appetite and tolerance: determining how much risk your company can take on
Strategic risk management: how to integrate ERM into your company’s global strategy
Corporate governance in practice: building up your company’s resilience through governance
ERM frameworks: ISO 31000 & COSO ERM: international risk management principles, frameworks and processes
Risk self-assessment methodology: assessing risk and selecting appropriate actions and controls using different tools and methods such as: Bow Tie Methodology, scenario analysis and more
Internal control and reporting: how to level up the risk maturity of your organization by changing the ways of working
How Will Certified ERM Benefit Your Organisation?
- Informed and sustainable decision making for profitability and performance
- Provides an holistic view of retained risks attributes throughout the company
- Determines the extent to which the company is willing to take on risks
- Enhanced dialogue with rating agencies and regulators
- Effective use, re-use and distribution of governance, risk and compliance data
Who Should Attend?
- Risk management professionals looking to further their experience and gain a competitive advantage within the field
- Executives and risk management departments looking to add value by understanding risk management and the role it plays within an organization
- Anyone new to the field of risk management and wishing to enter the risk profession
- Those requiring knowledge on recent developments in risk management
Instructor Profiles
Industry thought leaders with 120+ years of Experience within Governance, Risk & Compliance. Instructors include Harvard Alumni, Strategy & Risk Management professor at Copenhagen Business School, and more. Detailed profiles can be found under the “Instructor” tab above.
CERM | Certified Enterprise Risk Manager Course
DAY 1 – ERM Basics
______________________
| Monday | 08.45 – 09:15 | Introductions & Agenda Overview |
| Feb 3rd | 09:15 – 09:45 | What is risk? |
| 09.45 – 10.15 | ERM theory and its history | |
| 10.15 – 10:30 | Break | |
| 10:30 – 11:00 | Leading practice risk management guidance | |
| 11.00 – 11.30 | GRC’s ERM Blueprint | |
| 11.30 – 12.00 | Strategy | |
| 12:00 – 13:00 | Lunch | |
| 13:00 – 13.30 | Case Study (Risk & Strategy) | |
| 13.30 – 14.00 | Risk management cycle |
|
| 14.00 – 15.15 | Risk taxonomy, governance and policy | |
| 15.15 – 15.30 | Break | |
| 15.30 – 16.45 | Risk management processes and controls | |
| 16.45 – 17.00 | Q&A, review and open session |
CERM | Certified Enterprise Risk Manager Course
DAY 2 ERM Basics
______________________
| Tuesday | 09.00 – 09.30 | Risk Centric vs Objective Centric approach |
| Feb 4th |
09.30 – 10.00 | Bow tie Methodology – an alternate approach |
| 10.00 – 10:15 | Break | |
| 10.15 – 11.30 | Governance & organisation | |
| 11.30 – 12.00 | Case Study (3 LOD) | |
| 12:00 – 13:00 | Lunch | |
| 13.00 – 13.30 | Risk appetite fundamentals | |
| 13:30 – 14.00 | Risk appetite in practice | |
| 14.00 – 14.30 | Case Study (Risk Appetite) |
|
| 14.30 – 15.00 | Business performance, capital management and internal models | |
| 15.00 – 15.15 | Break | |
| 15.15 – 16.15 | Risk management processes and controls | |
| 16.15 – 16.45 | Case Study (Culture variants) | |
| 16.45 – 17.00 | Risk Culture – what does it mean? |
CERM | Certified Enterprise Risk Manager Course
DAY 3 ERM Advanced
______________________
| Wednesday | 09.00 – 09.45 | Risk and Control Self Assessment |
| Feb 5th | 09.45 – 10.30 | Key Indicators |
| 10.30 – 10:45 | Break | |
| 10:45 – 11.30 | Events and Losses | |
| 11.30 – 12.15 | Scenario Analysis | |
| 12:15 – 13:15 | Lunch | |
| 13.15 – 13.45 | Case Study (Black Swan events) | |
| 13:45 – 14.15 | Risk Reporting | |
| 14.15 – 15.00 | ERM Effectiveness | |
| 15.00 – 15.15 | Break | |
| 15.15 – 16.00 | Conduct Risk | |
| 16.00 – 16.45 | Case study (Reputation fail) | |
| 16.45 – 17.00 | Q & A, review and open session |
CERM | Certified Enterprise Risk Manager Course
DAY 4 ERM Advanced with Prof. Torben J Andersen Seminar Day
______________________
| Thursday | 09:00 – 10:00 | Strategic risk and business renewal |
| Feb 6th | 10.00 – 10.15 | Break |
| 10.15 – 11.15 | Emergence of standard frameworks | |
| 11.15 – 12.15 | Case Study (Nokia) | |
| 12:15 – 13:00 | Lunch | |
| 13:00 – 14.00 | Corporate finance and control-based views | |
| 14.00 – 15.00 | Case Study (BP) | |
| 15.00 – 15.15 | Break | |
| 15.15 – 16.45 | Espoused and realized risk practices | |
| 16.45 – 17.00 | Q & A, review and open session |
CERM | Certified Enterprise Risk Manager Course
DAY 5 ERM Advanced and Examination
______________________
| Friday | 09.00 – 09.30 | ERM v Governance, Risk & Compliance – why the difference is important |
| Feb 7th | 09.30 – 10.00 | ERM and the Board , Disclosures |
| 10.00 – 10:15 | Break | |
| 10:15 – 10.45 | Emerging risks – E.g., Climate Change risk | |
| 10.45 – 11.15 | Emerging risk – A.I. and Cyber risks | |
| 11.15 – 12.00 | Q & A course review and open session | |
| 12.00 – 13.00 | Lunch | |
| 13:00 – 13.15 | Exam Prep time | |
| 13.15 – 14.30 | Examination | |
| 14.30 – 15:00 | Feedback and Course Finish |
Peter Watson | Consultant
Professional Experience
- Global Risk Clinic, Global, 2018 – Now
- CERM Educator
- KPMG UK, 2010 – 2018
Senior Manager, Insurance and Banking Risk Advisory - PricewaterhouseCoopers UK, 2007 – 2010
Manager, Financial Services Risk Management Advisory - PricewaterhouseCoopers UK, 2003 – 2007
Manager, CIPS Risk Management Advisory - PricewaterhouseCoopers UK, 2000 – 2003
Manager, Procurement Cost Reduction Advisory - British Army, 1980-2000
Lieutenant Colonel; Infantry Officer; Weapons Procurement
Education
- The Open University Business School | UK Master of Business Administration (1998)
- British Army Army | Command and Staff Course (1991)
- University of St. Andrews, Scotland | Batchelor of Science with Honours, Statistics (1980)
Michael Jensen | GRC CEO, MBA, Harvard Alumni
Professional Experience
- Global Risk Clinic, Global, 2014 – Now
CERM Educator - Fidelity International, UK, 2016 – 2017
Global Head of Operational Risk - Saxobank, Denmark, 2015 – 2016
Head of Group Operational Risk Management - Rabobank, Holland, 2014 – 2015
Strategic Advisor - Danske Bank, Denmark, 2010 – 2014
Head of Group Operational Risk - Capital Group, USA, 1999 – 2009
Manager Group Operational Risk
Education and Memberships
- Harvard Business School | Advanced Management Program
- Harvard Business School | Risk Management for Corporate Leaders, Executive Certificate Program
- Loyola Marymount University | Master of Business Administration,
- Nordic Branch Head, Institute of Operational Risk
Torben Juul Andersen | CBS Professor, PhD, MBA, MSc.
Torben Juul Andersen is currently the professor of Strategy and International Management and the director of the Global Strategic Responsiveness initiative at the Copenhagen Business School. Previously, he taught at George Mason University and Johns Hopkins University.
Torben has 15+ years working at a number of global, high profile banks within the securities and risk division. He is also coming on 20 years of teaching experience, where he has focused his knowledge and expertise within the strategy, risk and management area.
Torben has written close to 30 published academic articles as well as 10+ books, all within the focus of risk, strategy and management. We’re excited to have him on board to teach the first day focused on Strategic Risk, Finance and Risk Approaches, which will be held at the Copenhagen Business School.
Education
- UNC, Chapel Hill | PhD, Strategy/Financial Management
- McGill University | MBA, Finance/International Business
- University of Copenhagen | MSc. Economics (cand. polit.)
CERM | Certified Enterprise Risk Manager Course TM
5-day CourseRegular Price €3500 (€4375 incl. VAT)
€2800 Early bird before 7 Jan 2020 (€3500 incl. VAT)
______________________
Limited to just 25 participants, this executive course is designed to provide its participants with foundational ERM knowledge. This will be accomplished through a 5-day in-depth course, hosted in part, with Torben Andersen from the Copenhagen Business School as well as educators from the Global Risk Clinic. Participants will leave with cutting edge knowledge and best practices from industry experts, giving them a competitive edge in the risk management field.
Key Highlights
Risk appetite and tolerance: determining how much risk your company can take on
Strategic risk management: how to integrate ERM into your company’s global strategy
Corporate governance in practice: building up your company’s resilience through governance
ERM frameworks: ISO 31000 & COSO ERM: international risk management principles, frameworks and processes
Risk self-assessment methodology: assessing risk and selecting appropriate actions and controls using different tools and methods such as: Bow Tie Methodology, scenario analysis and more
Internal control and reporting: how to level up the risk maturity of your organization by changing the ways of working
How Will Certified ERM Benefit Your Organisation?
- Informed and sustainable decision making for profitability and performance
- Provides an holistic view of retained risks attributes throughout the company
- Determines the extent to which the company is willing to take on risks
- Enhanced dialogue with rating agencies and regulators
- Effective use, re-use and distribution of governance, risk and compliance data
Who Should Attend?
- Risk management professionals looking to further their experience and gain a competitive advantage within the field
- Executives and risk management departments looking to add value by understanding risk management and the role it plays within an organization
- Anyone new to the field of risk management and wishing to enter the risk profession
- Those requiring knowledge on recent developments in risk management
Instructor Profiles
Industry thought leaders with 120+ years of Experience within Governance, Risk & Compliance. Instructors include Harvard Alumni, Strategy & Risk Management professor at Copenhagen Business School, and more. Detailed profiles can be found under the “Instructor” tab above.
CERM | Certified Enterprise Risk Manager Course
Monday 3rd – DAY 1 ERM Basics
______________________
08.45 – 09:15
Introductions & Agenda Overview
09:15 – 09:45
What is risk?
09.45 – 10.15
ERM theory and its history
10.15 – 10:30
Break
10:30 – 11:00
Leading practice risk management guidance<
11.00 – 11.30
GRC’s ERM Blueprint
11.30 – 12.00
Strategy
12:00 – 13:00
Lunch
13:00 – 13.30
Case Study (Risk & Strategy)
13.30 – 14.00
Risk management cycle
14.00 – 15.15
Risk taxonomy, governance and policy
15.15 – 15.30
Break
15.30 – 16.45
Risk management processes and controls
16.45 – 17.00
Q&A, review and open session
CERM | Certified Enterprise Risk Manager Course
Tuesday 4th – DAY 2 ERM Basics
______________________
09.00 – 09.30
Risk Centric vs Objective Centric approach
09.30 – 10.00
Bow tie Methodology – an alternate approach
10.00 – 10:15
Break
10.15 – 11.30
Governance & organisation<
11.30 – 12.00
Case Study (3 LOD)
12:00 – 13:00
Lunch
13.00 – 13.30
Risk appetite fundamentals
13:30 – 14.00
Risk appetite in practice
14.00 – 14.30
Case Study (Risk Appetite)
14.30 – 15.00
Business performance, capital management and internal models
15.00 – 15.15
Break
15.15 – 16.15
Risk management processes and controls
16.15 – 16.45
Case Study (Culture variants)
16.45 – 17.00
Risk Culture – what does it mean?
CERM | Certified Enterprise Risk Manager Course
Wednesday 5th – DAY 3 ERM Advanced
______________________
09.00 – 09.45
Risk and Control Self Assessment
09.45 – 10.30
Key Indicators
10.30 – 10:45
Break
10:45 – 11.30
Events and Losses
11.30 – 12.15
Scenario Analysis
12:15 – 13:15
Lunch
13.15 – 13.45
Case Study (Black Swan events)
13:45 – 14.15
Risk Reporting
14.15 – 15.00
ERM Effectiveness
15.00 – 15.15
Break
15.15 – 16.00
Conduct Risk
16.00 – 16.45
Case study (Reputation fail)
16.45 – 17.00
Q & A, review and open session
CERM | Certified Enterprise Risk Manager Course
Thursday 6th – DAY 4 ERM Advanced with Prof. Torben J Andersen Seminar Day
______________________
09:00 – 10:00
Strategic risk and business renewal
10.00 – 10.15
Break
10.15 – 11.15
Emergence of standard frameworks
11.15 – 12.15
Case Study (Nokia)
12:15 – 13:00
Lunch
13:00 – 14.00
Corporate finance and control-based views
14.00 – 15.00
Case Study (BP)
15.00 – 15.15
Break
15.15 – 16.45
Espoused and realized risk practices
16.45 – 17.00
Q & A, review and open session
CERM | Certified Enterprise Risk Manager Course
Friday 7th – DAY 5 ERM Advanced and Examination
______________________
09.00 – 09.30
ERM v Governance, Risk & Compliance – why the difference is important
09.30 – 10.00
ERM and the Board , Disclosures
10.00 – 10:15
Break
10:15 – 10.45
Emerging risks – E.g., Climate Change risk
10.45 – 11.15
Emerging risk – A.I. and Cyber risks<
11.15 – 12.00
Q & A course review and open session<
12.00 – 13.00
Lunch
13:00 – 13.15
Exam Prep time
13.15 – 14.30
Examination
14.30 – 15:00
Feedback and Course Finish
Torben Juul Andersen | PhD, MBA, MSc.
Torben Juul Andersen is currently the professor of Strategy and International Management and the director of the Global Strategic Responsiveness initiative at the Copenhagen Business School. Previously, he taught at George Mason University and Johns Hopkins University.
Torben has 15+ years working at a number of global, high profile banks within the securities and risk division. He is also coming on 20 years of teaching experience, where he has focused his knowledge and expertise within the strategy, risk and management area.
Torben has written close to 30 published academic articles as well as 10+ books, all within the focus of risk, strategy and management. We’re excited to have him on board to teach the first day focused on Strategic Risk, Finance and Risk Approaches, which will be held at the Copenhagen Business School.
Education
- UNC, Chapel Hill | PhD, Strategy/Financial Management
- McGill University | MBA, Finance/International Business
- University of Copenhagen | MSc. Economics (cand. polit.)
Ingrid Robinson | CPA, CIA, CRMA, MFAc, BComm
Ingrid Robinson is currently the Principal & Managing Director Enterprise Risk Management for BGIS, a Canadian commercial facility management firm and have held similar roles elsewhere.
Ingrid has over 20 years of experience in enterprise risk management, governance effectiveness, internal audit and Sarbanes-Oxley compliance.
Ingrid serves on the Board of the Charitable Impact Foundation (Canada), CHIMP, an on-line bank dedicated to charitable giving and is the past Chair of the Finance and Risk Management Committees for Hospice Palliative Care Ontario.
Ingrid is a frequent speaker on risk management and governance topics for a variety of organizations such as RIMS, Cornet, Inspired Future, Catastrophe IQ, Federated Press and AFP Canada; and has authored publications in leading journals (ICD Director Journal; Corporate Risk Canada Magazine; and ISACA Journal). Ingrid is a professor at York university and teaches Enterprise Risk Management.
Education
- Harvard Business School | Risk Management for Corporate Leaders, Executive Certificate Program
- University of Toronto | Directors Education Program, Institute of Corporate Directors
- York University | Master of Financial Accountability
- University of Windsor | Bachelor of Commerce
Michael Jensen | GRC CEO, MBA, Harvard Alumni
Michael Jensen is currently the owner and CEO for Global Risk Clinic, a global Governance, Risk and Compliance consultancy.
Michael has over 20 years of experience in enterprise risk management, governance, and Compliance.
Michael advices financial institutions around the world on their overall risk frameworks and other GRC related deliveries.
Michael is a frequent speaker and panel participant on risk management at various conference and other forums. Michael started the Institute of Operational Risk branch in the Nordic region
Michael has also provided input to an ERM textbook.
Education and Memberships
- Harvard Business School | Advanced Management Program
- Harvard Business School | Risk Management for Corporate Leaders, Executive Certificate Program
- Loyola Marymount University | Master of Business Administration,
- Nordic Branch Head, Institute of Operational Risk
Malcolm Farrell Staite | GRC Partner, BSc
Malcolm Farrell Staite leads the risk practice with accountability for developing assets and accelerators used to enhance the Clinic’s and Academy’s current market offerings in enterprise risk and governance. He has four decades of risk management experience in the financial services sector, in banking, insurance, asset management and prime brokerage, working with FTSE 100 and SME’s globally, especially Europe, MENA and Latin America, incorporating risk activity into vision and objectives to ensure capability and reliability in mitigating uncertainty and exploiting arising opportunity.
Post graduate work encompassed studies with Jeff Cartwright at the University of Exeter, into organisational and cultural management, researching comprehensively into different management models with the psychological assessment of what actually motivates people. Malcolm has also developed and presented risk, quality and cultural management training courses for the British, Argentinian, Thai and Japanese Standards Institutes.
Malcolm regularly challenges academic and professional opinion in articles through social and professional media and possesses the versatility to bring fresh perspectives, new ideas and intuition to spot growth opportunities from risk, influence business direction and drive value.
Education and Memberships
- University of Liverpool | Degree in Engineering with Honors
- Registered Lead Auditor, Registrar Accreditation Board
- Member, American Society for Quality
- Member, International Institute of Risk Management
- Member, Institute of Operational Risk
- Member, Institute of Quality Assurance
- Member, European Foundation of Quality Management
- Member, Cultural Management Research Association