course
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
25th May 2020 – 29th May 2020
Copenhagen, Denmark
CERM | Certified Enterprise Risk Manager Course TM
5-day CourseRegular Price €3500 (€4375 incl. VAT)
Early Bird €2800 – Before 31st March 2020
______________________
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 |
| May 25th | 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 |
| May 26th | 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 |
| May 27th | 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 |
| May 28th | 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 |
| May 29th | 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.)
Copenhagen Marriott Hotel
Address | Kalvebod Brygge 5, Copenhagen 1560Denmark
Phone | +45 88 33 99 00
Website | Click here for more information on Copenhagen Marriott Hotel
A 5-star experience is waiting for you at Copenhagen Marriott Hotel. Plan your downtown visit to discover spacious, beautifully appointed guest rooms that rank among some of the largest in the city; every one of our hotel rooms and suites boasts complimentary Wi-Fi access, a sleek marble bathroom, a flat-screen TV and floor-to-ceiling windows that showcase mesmerizing views of the city center. In addition, our hotel offers sustainable fare at our signature Midtown Grill, craft cocktails and a tasteful ambience at PIER 5, views on the canal and modern, flexible venues; we’re a 5-star destination for a business meeting or conference here in the city center. You’ll be delighted with our picturesque waterfront location in bustling downtown Copenhagen, only a short distance away from beloved attractions like Tivoli Gardens and Harbor Beach. We’re also within walking distance of famed Stroget Street. Copenhagen Marriott Hotel will provide an ideal backdrop for business and leisure guests alike.
CERM | Certified Enterprise Risk Manager Course TM
5-day CourseRegular Price €3500 (€4375 incl. VAT)
Early Bird €2800 – Before 31st March 2020
______________________
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 25th – 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 26th – 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 27th 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 28th – 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 29th – 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
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.)
Copenhagen Marriott Hotel
Address | Kalvebod Brygge 5, Copenhagen 1560Denmark
Phone | +45 88 33 99 00
Website | Click here for more information on Copenhagen Marriott Hotel
A 5-star experience is waiting for you at Copenhagen Marriott Hotel. Plan your downtown visit to discover spacious, beautifully appointed guest rooms that rank among some of the largest in the city; every one of our hotel rooms and suites boasts complimentary Wi-Fi access, a sleek marble bathroom, a flat-screen TV and floor-to-ceiling windows that showcase mesmerizing views of the city center. In addition, our hotel offers sustainable fare at our signature Midtown Grill, craft cocktails and a tasteful ambience at PIER 5, views on the canal and modern, flexible venues; we’re a 5-star destination for a business meeting or conference here in the city center. You’ll be delighted with our picturesque waterfront location in bustling downtown Copenhagen, only a short distance away from beloved attractions like Tivoli Gardens and Harbor Beach. We’re also within walking distance of famed Stroget Street. Copenhagen Marriott Hotel will provide an ideal backdrop for business and leisure guests alike.