Risk Appetite and Tolerance in the Public Sector
3 days|Delivered on request
Risk Appetite and Tolerance in the Public Sector takes the discipline and works it through the constraints of this operating context, including risk culture, third party risk and the compliance obligations that come with it. The sector framing is necessary because risk registers are widely maintained and rarely used in an actual decision, and generic training rarely survives contact with the local rules. Delegates leave able to work confidently with risk appetite and tolerance, scenario analysis and risk identification in their own organisation.
What delegates leave able to do
- Improve risk appetite and tolerance within their own organisation, measured against ISO 31000
- Bring scenario analysis into line with current good practice
- Take ownership of risk identification rather than escalating it
- Make a decision about compliance monitoring without waiting for a specialist
What the course covers
- Risk culture
- Third party risk
- Risk appetite and tolerance
- Scenario analysis
- Risk identification
- Compliance monitoring
- Combined assurance
Who should attend
- compliance officers
- heads of risk
- governance and assurance practitioners
- internal auditors
