Strategic Risk Appetite and Tolerance
5 days|Delivered on request
Strategic Risk Appetite and Tolerance looks at this work from the level at which it is resourced and defended. The focus is on crisis management, scenario analysis and how both connect to what the organisation is actually trying to achieve. This matters at the strategic level because compliance obligations have multiplied faster than compliance capacity. Delegates leave able to work confidently with risk appetite and tolerance, control testing and risk reporting to the board in their own organisation.
What delegates leave able to do
- Put risk appetite and tolerance on a footing they can defend to a reviewer, measured against the three lines model
- Review control testing and say plainly whether it is working
- Make a decision about risk reporting to the board without waiting for a specialist
- Bring third party risk into line with current good practice
What the course covers
- Crisis management
- Scenario analysis
- Risk appetite and tolerance
- Control testing
- Risk reporting to the board
- Third party risk
- Risk culture
Who should attend
- risk managers
- heads of risk
- compliance officers
- governance and assurance practitioners
- audit and risk committee members
