Managing Control Design and Testing
3 days|Delivered on request
This programme is for the person accountable for the work rather than the person doing it. It covers risk reporting to the board and internal audit interface from the position of someone who must review, approve and answer for the output. Managers carry this because boards are being asked to evidence oversight, not merely assert it, and the accountability does not delegate cleanly. Delegates leave able to work confidently with risk appetite and tolerance, risk culture and risk assessment methodology in their own organisation.
What delegates leave able to do
- Review risk appetite and tolerance and say plainly whether it is working, measured against the three lines model
- Put risk culture on a footing they can defend to a reviewer
- Explain risk assessment methodology to someone who does not do the work
- Bring scenario analysis into line with current good practice
What the course covers
- Risk reporting to the board
- Internal audit interface
- Risk appetite and tolerance
- Risk culture
- Risk assessment methodology
- Scenario analysis
- Fraud risk management
Who should attend
- heads of risk
- business continuity coordinators
- compliance officers
- risk champions in operating units
- risk managers
