Governance, Risk & Compliance
Advanced Enterprise Risk Management
This five-day programme prepares professionals to build enterprise risk management that shapes strategy rather than reporting on it, covering ERM foundations and framework comparison, risk appetite, governance and culture, risk identification, assessment and aggregation, quantification, scenario analysis and emerging risk, and ERM reporting, assurance and maturity. Participants develop skills in risk appetite setting, risk aggregation, scenario analysis, and ERM reporting.
Introduction
Advanced Enterprise Risk Management Training Course prepares professionals to build enterprise risk management that shapes strategy rather than reporting on it. Participants work through ERM principles and framework evolution, the COSO ERM framework and ISO 31000, risk appetite and tolerance setting, risk identification, assessment, and aggregation, portfolio view and correlation, risk culture and governance structures, and scenario analysis, emerging risk, and ERM reporting as one connected discipline. The programme links the strategy an organisation pursues with the risk it accepts to pursue it. As a result, learners gain a practical command of enterprise risk management. Furthermore, the course strengthens strategic risk judgement, aggregation skill, and risk governance.
Advanced Enterprise Risk Management Course Objectives
- Explain ERM concepts, evolution, and framework comparison.
- Apply the COSO ERM framework across its components.
- Apply ISO 31000 principles, framework, and process.
- Set risk appetite, tolerance, and risk limits aligned to strategy.
- Apply risk identification, assessment, and prioritisation methods.
- Apply risk aggregation, correlation, and portfolio views.
- Apply risk quantification, scenario analysis, and stress testing.
- Apply risk culture assessment and risk governance structures.
- Apply emerging risk identification and horizon scanning.
- Apply ERM reporting, board reporting, and maturity assessment.
Course Methodology
- Interactive sessions built on ERM implementation and strategy risk cases.
- Workshops on appetite setting, risk registers, and aggregation methods.
- Group exercises on scenario analysis, risk culture, and board reporting.
- Hands-on practice with ERM frameworks, risk dashboards, and heat maps.
- Simulation of an ERM committee review and a strategic risk discussion.
- Facilitator coaching and peer review on personal ERM programme plans.
Who Should Take This Course
- Enterprise risk managers and CRO office staff.
- Risk management and governance professionals.
- Strategy and planning managers.
- Internal auditors covering enterprise risk.
- Finance and operations managers owning risks.
- Consultants advising on ERM frameworks and maturity.
Advanced Enterprise Risk Management Course Outlines
ERM Foundations and Framework Comparison
- • ERM concepts and its evolution from siloed risk.
- • COSO ERM framework and its components.
- • ISO 31000 principles, framework, and process.
- • Comparing COSO ERM, ISO 31000, and sector frameworks.
- • ERM maturity models and capability assessment.
- • Risk terminology and common inconsistencies.
- • Case discussion: an ERM programme that never influenced a decision.
Risk Appetite, Governance, and Culture
- • Risk appetite statements and tolerance setting.
- • Linking appetite to strategy and performance targets.
- • Risk governance structures and the three lines model.
- • Board and risk committee oversight roles.
- • Risk culture assessment and behavioural indicators.
- • Risk ownership and accountability assignment.
- • Workshop: drafting a risk appetite statement with tolerances.
Risk Identification, Assessment, and Aggregation
- • Risk identification techniques and completeness.
- • Assessment methods: scoring, matrix, and calibrated scales.
- • Inherent versus residual risk evaluation.
- • Risk aggregation and correlation assumptions.
- • Portfolio view and concentration effects.
- • Risk registers, taxonomy, and data quality.
- • Exercise: aggregating risks into an enterprise portfolio view.
Quantification, Scenario Analysis, and Emerging Risk
- • Risk quantification approaches and their limits.
- • Scenario analysis and stress testing design.
- • Key risk indicators and early warning signals.
- • Emerging risk identification and horizon scanning.
- • Climate, technology, and geopolitical risk considerations.
- • Risk interconnectivity and cascade analysis.
- • Simulation: running a strategic scenario analysis.
ERM Reporting, Assurance, and Maturity
- • ERM reporting packs and board dashboards.
- • Risk heat maps and reporting design.
- • ERM integration with planning, budgeting, and capital.
- • Assurance mapping and internal audit over ERM.
- • ERM maturity assessment and improvement roadmap.
- • Embedding ERM into decision-making.
- • Capstone: presenting an enterprise risk management framework.
Conclusion
By successfully completing Advanced Enterprise Risk Management, participants will gain a practical command of ERM concepts and frameworks, risk appetite and governance, risk identification, assessment and aggregation, risk quantification, scenario analysis and emerging risk, and ERM reporting, assurance and maturity assessment. They will acquire skills in risk appetite setting, risk aggregation, scenario analysis, and ERM reporting that connect risk to strategy and decision-making. Gentex Training Center designs the programme to help professionals build enterprise risk management with confidence.
FAQs for the Advanced Enterprise Risk Management course
— What is the "Advanced Enterprise Risk Management" course about?
It prepares professionals to build enterprise risk management that shapes strategy rather than reporting on it. The course spans ERM foundations and framework comparison, risk appetite, governance and culture, risk identification, assessment and aggregation, quantification, scenario analysis and emerging risk, and ERM reporting, assurance and maturity.
— What are the key benefits of the "Advanced Enterprise Risk Management" course?
You gain a practical command of enterprise risk management that links the strategy an organisation pursues with the risk it accepts to pursue it. The course improves appetite setting and governance design, strengthens risk aggregation and portfolio analysis, sharpens scenario and emerging risk practice, and gives you ERM reporting and maturity practice that ties risk to decisions rather than to a register.
— What skills will I gain from the "Advanced Enterprise Risk Management" course?
You will develop four core skills: ERM framework application with COSO ERM and ISO 31000, risk appetite and governance structure design, risk identification, assessment and aggregation with portfolio analysis, and risk quantification, scenario analysis and ERM reporting with maturity assessment.
— What tools, methods, or standards are covered in the "Advanced Enterprise Risk Management" course?
The course covers ERM concepts and its evolution from siloed risk, the COSO ERM framework and its components, ISO 31000 principles, framework and process, comparing COSO ERM, ISO 31000 and sector frameworks, ERM maturity models and capability assessment, risk appetite statements and tolerance setting, linking appetite to strategy and performance targets, risk governance structures and the three lines model, board and risk committee oversight roles, risk culture assessment and behavioural indicators, risk ownership and accountability assignment, risk identification techniques and completeness, assessment methods across scoring, matrix and calibrated scales, inherent versus residual risk evaluation, risk aggregation and correlation assumptions, portfolio view and concentration effects, risk registers, taxonomy and data quality, risk quantification approaches and their limits, scenario analysis and stress testing design, key risk indicators and early warning signals, emerging risk identification and horizon scanning, climate, technology and geopolitical risk considerations, risk interconnectivity and cascade analysis, ERM reporting packs and board dashboards, risk heat maps and reporting design, ERM integration with planning, budgeting and capital, assurance mapping and internal audit over ERM, and ERM maturity assessment and improvement roadmap.
— How is the "Advanced Enterprise Risk Management" course applied in real-world practice?
Participants apply it to real work such as drafting a risk appetite statement with tolerances, aggregating risks into an enterprise portfolio view, running a strategic scenario analysis, assessing risk culture and ownership, preparing an ERM dashboard and heat map for the board, building an ERM maturity roadmap, and presenting an enterprise risk management framework. The same methods support assurance mapping and risk-informed capital and budget decisions.
Contact our team and let us help you find the right option.
Introduction
Advanced Enterprise Risk Management Training Course prepares professionals to build enterprise risk management that shapes strategy rather than reporting on it. Participants work through ERM principles and framework evolution, the COSO ERM framework and ISO 31000, risk appetite and tolerance setting, risk identification, assessment, and aggregation, portfolio view and correlation, risk culture and governance structures, and scenario analysis, emerging risk, and ERM reporting as one connected discipline. The programme links the strategy an organisation pursues with the risk it accepts to pursue it. As a result, learners gain a practical command of enterprise risk management. Furthermore, the course strengthens strategic risk judgement, aggregation skill, and risk governance.
Advanced Enterprise Risk Management Course Objectives
- Explain ERM concepts, evolution, and framework comparison.
- Apply the COSO ERM framework across its components.
- Apply ISO 31000 principles, framework, and process.
- Set risk appetite, tolerance, and risk limits aligned to strategy.
- Apply risk identification, assessment, and prioritisation methods.
- Apply risk aggregation, correlation, and portfolio views.
- Apply risk quantification, scenario analysis, and stress testing.
- Apply risk culture assessment and risk governance structures.
- Apply emerging risk identification and horizon scanning.
- Apply ERM reporting, board reporting, and maturity assessment.
Course Methodology
- Interactive sessions built on ERM implementation and strategy risk cases.
- Workshops on appetite setting, risk registers, and aggregation methods.
- Group exercises on scenario analysis, risk culture, and board reporting.
- Hands-on practice with ERM frameworks, risk dashboards, and heat maps.
- Simulation of an ERM committee review and a strategic risk discussion.
- Facilitator coaching and peer review on personal ERM programme plans.
Who Should Take This Course
- Enterprise risk managers and CRO office staff.
- Risk management and governance professionals.
- Strategy and planning managers.
- Internal auditors covering enterprise risk.
- Finance and operations managers owning risks.
- Consultants advising on ERM frameworks and maturity.
Advanced Enterprise Risk Management Course Outlines
ERM Foundations and Framework Comparison
- • ERM concepts and its evolution from siloed risk.
- • COSO ERM framework and its components.
- • ISO 31000 principles, framework, and process.
- • Comparing COSO ERM, ISO 31000, and sector frameworks.
- • ERM maturity models and capability assessment.
- • Risk terminology and common inconsistencies.
- • Case discussion: an ERM programme that never influenced a decision.
Risk Appetite, Governance, and Culture
- • Risk appetite statements and tolerance setting.
- • Linking appetite to strategy and performance targets.
- • Risk governance structures and the three lines model.
- • Board and risk committee oversight roles.
- • Risk culture assessment and behavioural indicators.
- • Risk ownership and accountability assignment.
- • Workshop: drafting a risk appetite statement with tolerances.
Risk Identification, Assessment, and Aggregation
- • Risk identification techniques and completeness.
- • Assessment methods: scoring, matrix, and calibrated scales.
- • Inherent versus residual risk evaluation.
- • Risk aggregation and correlation assumptions.
- • Portfolio view and concentration effects.
- • Risk registers, taxonomy, and data quality.
- • Exercise: aggregating risks into an enterprise portfolio view.
Quantification, Scenario Analysis, and Emerging Risk
- • Risk quantification approaches and their limits.
- • Scenario analysis and stress testing design.
- • Key risk indicators and early warning signals.
- • Emerging risk identification and horizon scanning.
- • Climate, technology, and geopolitical risk considerations.
- • Risk interconnectivity and cascade analysis.
- • Simulation: running a strategic scenario analysis.
ERM Reporting, Assurance, and Maturity
- • ERM reporting packs and board dashboards.
- • Risk heat maps and reporting design.
- • ERM integration with planning, budgeting, and capital.
- • Assurance mapping and internal audit over ERM.
- • ERM maturity assessment and improvement roadmap.
- • Embedding ERM into decision-making.
- • Capstone: presenting an enterprise risk management framework.
Conclusion
By successfully completing Advanced Enterprise Risk Management, participants will gain a practical command of ERM concepts and frameworks, risk appetite and governance, risk identification, assessment and aggregation, risk quantification, scenario analysis and emerging risk, and ERM reporting, assurance and maturity assessment. They will acquire skills in risk appetite setting, risk aggregation, scenario analysis, and ERM reporting that connect risk to strategy and decision-making. Gentex Training Center designs the programme to help professionals build enterprise risk management with confidence.
FAQs for the Advanced Enterprise Risk Management course
— What is the "Advanced Enterprise Risk Management" course about?
It prepares professionals to build enterprise risk management that shapes strategy rather than reporting on it. The course spans ERM foundations and framework comparison, risk appetite, governance and culture, risk identification, assessment and aggregation, quantification, scenario analysis and emerging risk, and ERM reporting, assurance and maturity.
— What are the key benefits of the "Advanced Enterprise Risk Management" course?
You gain a practical command of enterprise risk management that links the strategy an organisation pursues with the risk it accepts to pursue it. The course improves appetite setting and governance design, strengthens risk aggregation and portfolio analysis, sharpens scenario and emerging risk practice, and gives you ERM reporting and maturity practice that ties risk to decisions rather than to a register.
— What skills will I gain from the "Advanced Enterprise Risk Management" course?
You will develop four core skills: ERM framework application with COSO ERM and ISO 31000, risk appetite and governance structure design, risk identification, assessment and aggregation with portfolio analysis, and risk quantification, scenario analysis and ERM reporting with maturity assessment.
— What tools, methods, or standards are covered in the "Advanced Enterprise Risk Management" course?
The course covers ERM concepts and its evolution from siloed risk, the COSO ERM framework and its components, ISO 31000 principles, framework and process, comparing COSO ERM, ISO 31000 and sector frameworks, ERM maturity models and capability assessment, risk appetite statements and tolerance setting, linking appetite to strategy and performance targets, risk governance structures and the three lines model, board and risk committee oversight roles, risk culture assessment and behavioural indicators, risk ownership and accountability assignment, risk identification techniques and completeness, assessment methods across scoring, matrix and calibrated scales, inherent versus residual risk evaluation, risk aggregation and correlation assumptions, portfolio view and concentration effects, risk registers, taxonomy and data quality, risk quantification approaches and their limits, scenario analysis and stress testing design, key risk indicators and early warning signals, emerging risk identification and horizon scanning, climate, technology and geopolitical risk considerations, risk interconnectivity and cascade analysis, ERM reporting packs and board dashboards, risk heat maps and reporting design, ERM integration with planning, budgeting and capital, assurance mapping and internal audit over ERM, and ERM maturity assessment and improvement roadmap.
— How is the "Advanced Enterprise Risk Management" course applied in real-world practice?
Participants apply it to real work such as drafting a risk appetite statement with tolerances, aggregating risks into an enterprise portfolio view, running a strategic scenario analysis, assessing risk culture and ownership, preparing an ERM dashboard and heat map for the board, building an ERM maturity roadmap, and presenting an enterprise risk management framework. The same methods support assurance mapping and risk-informed capital and budget decisions.
Partners in Learning
Our Partners in Learning include leading companies and organizations that trust Gentex Training Center for high-quality training courses and professional development programs. Together, we deliver impactful training programs that support skills growth, leadership development, and organizational excellence.
.png)
