Enterprise Risk Management: Negligence, Liability, Mitigation, Derivatives, PG Short Course, in Dubai KL London Abuja Accra, Online

Course #132: Enterprise Risk Management Course, Leading to Diploma–Postgraduate in Enterprise Risk Management (Double Credit). Contents include Risk Management, Risk in an Organisation, Enterprise Risk Management, Property Risk, Level of Risk, Establishing Negligence, Liability Legal Grounds, Review and Update, Types of Damages, Management Process, Mitigation Measures, Measuring Risk, Contract, Joint Venture, Credit Analysis, Credit Rating, Profits, Interest, Derivatives Market, Exchange Rate Risk, Residual Risk, Expand, Financial Risk Assessment, Risk Reduction, Forward Contracts, Option Contracts, Futures Contracts, Risk Acceptance, Torts, Corporate Governance, Exchange Rate Risk, Perception, Understanding Risk, Short Course for Risk Management, Reduce Risk, Manage Risk, External Growth, Expansion, Credit Agencies Loan, Risk Management Process, Measuring Risk, Valuing Property, Risk Magnitude, Sequencing Process, Financial Exposure, Reinsurance and Risk Management, Reinsurance Providers, Due Diligence Investigation, Contingency Planning, Interest Rate, Option Contract, Forward Contract, Risk Reduction, Risk Transferring, Alpha and Beta, Style Analysis, Insurance, Example of Insurance, Contingency, Products, Go-It-Alone, Payoff Profiles, Quantifying Financial Risk, Human Resource Risk, Risk Perception, Earthquake, etc.

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Course Co-ordinator:        

Prof. Dr. R. B. Crawford is Course Coordinator. He is the Director of HRODC Postgraduate Training Institute, A Postgraduate-Only Institution. He has the following Qualifications and Affiliations:

Doctor of Philosophy {(PhD) {University College London (UCL) - University of London)};

MEd Management (University of Bath);

Postgraduate (Advanced) Diploma Science Teacher Ed. (University of Bristol);

Postgraduate Certificate in Information Systems (University of West London, formerly Thames Valley University);

Diploma in Doctoral Research Supervision, (University of Wolverhampton);

Teaching Certificate;

Fellow of the Institute of Management Specialists;

Human Resources Specialist, of the Institute of Management Specialists;

Member of the Asian Academy of Management (MAAM);

Member of the International Society of Gesture Studies (MISGS);

Member of the Standing Council for Organisational Symbolism (MSCOS);

Member of ResearchGate;

Executive Member of Academy of Management (AOM). There, his contribution incorporates the judging of competitions, review of journal articles, and guiding the development of conference papers. He also contributes to the Disciplines of:

Human Resources;

Organization and Management Theory;

Organization Development and Change;

Research Methods;

Conflict Management;

Organizational Behavior;

Management Consulting;

Gender & Diversity in Organizations; and

Critical Management Studies.

Professor Dr. Crawford has been an Academic in the following UK Universities:

University of London (Royal Holloway), as Research Tutor;

University of Greenwich (Business School), as Senior Lecturer (Associate Professor), in Organisational Behaviour and Human Resource Management;

University of Wolverhampton, (Wolverhampton Business School), as Senior Lecturer (Associate Professor), in Organisational Behaviour and Human Resource Management;

London Southbank University (Business School), as Lecturer and Unit Leader.

His responsibilities in these roles included:

Doctoral Research Supervisor;

Admissions Tutor;

Postgraduate and Undergraduate Dissertation Supervisor;

Programme Leader;

Personal Tutor.

 

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For Whom Enterprise Risk Management Course is Designed

This Course is Designed For:

Enterprise Risk Managers;

Chief Risk Officers;

Directors of Risk Management;

Risk Professionals;

Risk Modelling Experts;

Risk Managers;

Risk Management Team Participants;

Chartered Enterprise Risk Analyst and other Risk Professionals;

Chief Financial Officers;

Chief Operating Officers;

Chief Actuaries;

Senior Executives;

Board Directors;

Regulators and Rating Agency Analysts;

Internal and External Auditors;

Investment Professionals;

Business Managers;

Business Continuity Coordinators;

Business Operations Managers;

Disaster Recovery Professionals;

Corporate Strategy Staff;

Asset Liability Management Professionals;

Anyone new to ERM within financial services.

 

Duration:12 Days

Cost: £12,000.00 Per Delegate

Please Note:              

V.A.T. (Government Tax) does not apply to Corporate Sponsored Individuals taking courses in any location - within or outside the UK.

It applies only to Individuals and Corporations based in the UK and to Non-UK Individual Residents taking courses in the UK.

 

Cost includes:

 Free Continuous snacks throughout the Event Days;  

Free Hot Lunch on Event Days;                           

Free City Tour;             

Free Stationery;                               

Free On-site Internet Access;

Diploma – Postgraduate –in Enterprise Risk Management (Double Credit); or

Certificate of Attendance and Participation – if unsuccessful on resit.

 

Students and Delegates will be given a Selection of our Complimentary Products, which include:

 

HRODC Postgraduate Training Institute’s Leather Conference Folder;

HRODC Postgraduate Training Institute’s Leather Conference Ring Binder/ Writing Pad;

HRODC Postgraduate Training Institute’s Key Ring/ Chain;

HRODC Postgraduate Training Institute’s Leather Conference (Computer – Phone) Bag – Black or Brown;

HRODC Postgraduate Training Institute’s 8-16GB USB Flash Memory Drive, with Course Material;

HRODC Postgraduate Training Institute’s Metal Pen;

HRODC Postgraduate Training Institute’s Polo Shirt. 

Click To Download the PDF Brochure of this PG Short Course

Daily Schedule: 9:30 to 4:30 pm.

 

Location:  Central London, Amsterdam, Brussels, Dubai, Durban, Kuala Lumpur, Paris, and Online

 

Enterprise Risk Management, Leading to Diploma-Postgraduate in Enterprise Risk Management

(Double Credit)

 

Course Contents, Concepts and Issues

 

Part 1: Understanding Risk and Risk Management

 Defining and Contextualising Risk:

Defining Risk;

Contextualizing Risk;

Formulating Risk Statement;

Perception And Calculation;

Understanding Risk in an Organisation:

Model Towards Understanding Risk;

Enterprise Risk Management;

Risk – Classification.

Pertinent Issues in Enterprise Risk Mange

Risk in Enterprise Risk Management;

Identification of Type of Risk;

Level of Risk;

Property Risks;

Valuing Property;

Liability Legal Grounds;

Liability Risks;

Torts - An Insurance Categorization;

Establishing Negligence;

Types of Damages;

“Res Ipsa Loquitur”;

Defenses in a Negligence Suit;

Human Resource Risks;

Review and Update.

 

Part 2: The Risk Management Process (1)

 

Sequencing the Process:

STEP 1: Risk Identification and Categorization;

STEP 2: Risk Quantification:

Example of Impact And Definitions.

STEP 3: Risk Strategies Identification:

4 Categories of Risk Strategies (Countermeasures):

Accept;

Manage;

Contingency plan;

Reduce.

Risk Strategies;

Risk Acceptance;

Risk Management;

Contingency Planning;

Risk Reduction;

Risk Transferring;

Insurance:

Example of Insurance.

Risk Reduction Control.

STEP 4: Implementation Of Strategies:

Residual Risk;

The Risk Register.

STEP 5: Monitoring And Reviewing Results Of Risk Mitigation Measures:

Continuous Risk Management (CRM);

Risk Assessment And Manifestation Of Reality;

Crawford’s Risk Analysis And Base 10: Probability vs Risk Magnitude.

 

Part 3: The Risk Management Process (2)

 

Sequencing the Process:

Conducting a Financial Risk Assessment.

The Process of Financial Risk Assessment (1);

Products of a Financial Risk Assessment:

Expand;

Contract;

Pursue External Growth;

Grow Organically;

Enter Joint Venture;

‘Go-It-Alone’.

Formal Risk Assessment Techniques and Measurements:

Conditional Value at Risk- CVaR;

Loan-to-Value Ratios;

Credit Analysis;

Credit Rating;

Credit Rating Agencies.

Financial Risk Assessment and Manifestation Reality:

Richter Earthquake Magnitude Scale;

Crawford’s Risk Analysis and Base 10: Probability VS ‘Risk Magnitude.

Managing Financial Exposure Risk;

Risk Management Tools:

Forward Contracts;

Option Contracts;

Futures Contracts;

Corporate Governance;

Diversification.

Managing Risk With Forward Contracts:

Forward Contracts: Payoff Profiles;

Profits for Forward Contracts.

Financial Method Of Measuring Risk:

Standard Deviation;

Beta;

Alpha;

Treynor Index;

Style Analysis;

R-squared.

Quantifying Financial Risk;

Interest Rate Derivatives Market;

Equity Risk;

Identifying and Measuring Currency/Exchange Rate Risk;

Measuring Currency or Exchange Rate Risk.

 

Part 4: Risk, National Insurance and Social Security (1)

National Insurance:

What constitutes National Insurance?;

Worker Contribution to National Insurance;

Employer Statutory Contribution to National Insurance;

Measures to Facilitate the Maintenance of Statutory National Insurance Contributions;

Retirement Benefits;

Death benefits

Unemployment Benefits;

Operationalising Unemployment Benefit Program: The Ghanaian Example;

Problems Plaguing the Viability of National Insurance Viability:

Ageing Population;

Improved Longevity;

Increased Unemployment;

Increased PSBR;

Inflation; Stagnation and Deflation.

Problem Resolution and their Sustainability

 

Part 5: Risk, National Insurance and Social Security (2)

 

Social Security Provision:

Possible Social Security Coverage:

Hospitalisation;

Approved Prescription Drug;

Unapproved Prescription Drugs;

Simple Surgery;

Complex Surgery;

Financial Position of the Social Security System.

Operationalising of Social Security: Growing Concerns;

Proposed Solutions to Pertinent Problems.

Risk Mitigation Approaches:

Risk Elimination or Avoidance;

Risk Mitigation: Planning, Execution and Monitoring;

Risk Mitigation Approaches;

Underwriting Standards:

Definition of ‘Underwriting Standards’.

 

Part 6: Risk, National Insurance and Social Security (3)

 

Insurance;

Branches of Insurance - Successful transactions;

Building Blocks of an Insurance Premium;

Mathematical Basis for Insurance – Example:

Additional Concept:

Costs to Society;

Insurance Benefits to Society;

Insurance Functionality.

Risk – Classification;

Benefits Compared to No Insurance;

Social or Private?;

Employee Benefit Plans;

Risk Management Process;

Identify Potential Loss Exposures;

Measure Potential Loss Exposures;

Risk Handling Techniques;

Loss Control – Reduction;

Loss Transfer;

ERM – Integrated Framework;

ERM – Recent Loss Events;

Agency Law;

Insurance Occupations:

Insurance Agent and Broker;

Agent’s Authority;

Types of Insurance Agents:

Insurance Brokers;

Comparison of Agents and Brokers:

Distribution of Insurance Property and Liability;

Distribution of Insurance Life Insurance.

Loss Adjuster or Claims Investigator:

Loss Adjuster.

Underwriter;

Actuary;

Accountant:

Accounting Standard.

Lawyer;

Other Occupations.

Asset/Liability Management Hedging;

Diversification.

 

Part 7: Risk, National Insurance and Social Security (4)

 

Derivatives Trading:

Derivative;

Equity Derivative;

Weather Derivatives.

Reinsurance or Syndication:

Reinsurance Loss Splitting;

Reinsurance Prorata Loss Splitting $500,000 LOSS;

Reinsurance Excess-of-Loss Loss Splitting;

Reinsurance and Risk Management;

Reinsurance Providers.

Due Diligence Investigation:

What Is a Due Diligence Investigation?;

Applications of Due Diligence;

Inclusions in Due Diligence Investigations.

 

Part 8: Financial Exposure as Risk

 

Foreign Exchange Exposure

Foreign Exchange Exposure vs. Foreign Exchange Risk

Economic Exposure:

Channels of Economic Exposure;

Types of Economic Exposure:

Asset Exposure;

Operating Exposure.

An Illustration of Operating Exposure;

Some Strategies to Manage Operating Exposure:

Selecting Low Cost Production Sites;

Flexible Sourcing Policy;

Diversification of the Market;

R&D Efforts and Product Differentiation;

Financial Hedging.

To Hedge or not to Hedge?;

Hedging Strategies;

Management of Economic Exposure;

How To Measure Economic Exposure

Transaction Exposure:

Some Strategies to Manage Transaction Exposure;

Hedging through Invoice Currency;

Hedging via Lead and Tag.

Translation Exposure:

Translation Risk;

Perception and Calculation.

 

 

Part 9: Financial Risk and Unpredictability: Uncontrollable Environment Issues

 

Asset Behavior and Pricing Implication;

Video - Asset Management;

Sovereign Wealth Fund and International Investment;

Bank for International Settlement (BIS): Basel 3 Agreement:

A Global Regulatory Framework for More Resilient Banks and Banking Systems;

The Liquidity Coverage Ratio and liquidity risk monitoring;

The Net Stable Funding Ratio

Credit and Counterparty Risk;

The Legal and Political Risk Environment;

Risk as an Economic Factor;

Technological Risk Factor;

Risk Associated with Socio-Cultural Change.

 

Part 10: Business Continuity: Disaster Recovery Planning (1)

 

Business Continuity Planning (BCP):

What is Business Continuity?;

What is Business Continuity Planning?.

Disaster Recovery Planning;

Disaster Defined;

Types of Disasters;

Effects of Disasters:

Effects of Disasters – Internal;

Effects of Disasters – External.

Business Continuity Planning;

Disaster Recovery Planning;

Why Plan?;

Establishing the Team;

Getting Management Support;

Need for Departmental Support;

Team Members;

DR Team Sub-Teams;

Characteristics of Team Members;

External Team Members;

Notification Directory;

Securing/Preparing Resources;

Team Tasks.

 

Part 11: Business Continuity: Disaster Recovery Planning (2)

 

Defining Risk;

Choosing Assessment Method;

Matching Response to Threat;

Setting Priorities;

Using Risk Assessment Results;

Disaster-based Risk Assessment;

Asset-based Risk Assessment;

Business Impact;

Business Impact Analysis;

OCTAVE Risk Assessment;

Identifying Critical Assets;

Business Functions;

Business Processes;

Identifying Functions/Processes;

Prioritizing DR Planning Efforts;

Determining What to Recover When Conducting Dependency Analysis;

Disaster Declaration Criteria;

Data Backup.

 

 

Part 12: Business Continuity: Disaster Recovery Planning (3)

 

Information as Asset;

Recovery Site Alternatives;

Recovery Site Agreements;

Recovery Site Selection Criteria;

Design Recovery Solution;

Documents Needed by Discovery Resolution Team;

Contact Information Needed;

Evaluate Support;

Emergency Operations Center;

Create Data Backups;

Create the Recovery Plan;

Upstream Relationships;

Downstream Relationships;

Directing the Discovery Resolution Team;

Steps After Recovery;

Emergencies during Discovery Resolution;

Identify Gaps in Discovery Resolution Plan;

Identify Discovery Resolution Risks;

Rehearsing the Discovery Resolution Plan;

Applying Change Control;

Manage/Document the Discovery Resolution;

After the Discovery Resolution Test;

Threat Determination;

Threat Classification;

Addressing Threats.

Click To Download the PDF Brochure of this PG Short Course