Risk Governance Workshop
This programme will provide participants the opportunity to understand how risk management and oversight is achieved through intentional and methodical planning and preparation, underpinned by an enabling risk culture exemplified by the Board of Directors and Senior Management.
With reference to law, regulations, guidelines and best practice, participants will gain theoretical and practical insight into this critical component of an organisations activity that can make the difference between success and failure. Learning will be reinforced by the use of a real-life case study.
When implementing risk management and oversight, it is essential for organisations to meet legal and regulatory requirements in a practical way. By attending this course, participants will become familiar with an internationally recognised risk framework and discuss enablers and blockers to its implementation, including an enabling risk culture.
Price: TBD. *Group discount applies
By the end of the programme, participants will:
The universal applicability of good governance and its application to risk
The major components of risk governance
The legal and regulatory environment and the resulting obligations on the directors
The role and responsibilities of the Board in ensuring a robust risk framework
The difference between risk appetite, risk tolerance and risk capacity and how to use them
The use and value of a risk register and risk matrix
How the Risk Committee supports the Board and works with the Risk Function
The three lines of defence and their use, boundaries and interaction
The Symbiosis of Governance and Risk
The DNA of Good Governance
Risk Direction v Risk Control
The Legal Context
The Role of the Board from a Risk Perspective
The Risk Universe
Nurturing an enabling Risk Culture
The Risk Framework
Facilitating Risk Governance Through the Organisational StructureRisk Governance and Pillars 1, 2 & 3
Using a discursive approach to sharing key information, critical theory illustrated with practical experience will be conveyed to participants and will be reinforced by mutual sharing and learning.
After building a solid foundation of understanding, participants are walked-through best practice and technique to ensure a solid understanding of the issues related to Risk Governance.
This programme may be approved for up to 5 CPD units in Risk. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
Who is Petros Florides?
Petros Florides has over 25 years’ financial services experience. Petros is a non-executive Director of the CISI Board of Directors. He is currently employed as a Senior Regional Governance Advisor for World Vision International and is responsible for the region extending from Ireland to New Zealand. Petros has also published articles on governance in the public sector and wrote a Code for Public Sector Governance which, after five years of public consultation, was recently approved by the Cyprus Council of Ministers for implementation. He is also a Non-Executive Director of Windsor Brokers, Cyprowealth Advisory Services and Pearlscope Limited. Petros is Co-Founder and current President of CISI’s Cyprus National Advisory Council and is a Board member of the Institute of Directors (Cyprus Branch). He is also a trainer for professional and executive courses (including CISI qualifications) in the areas of governance, risk, ethics and compliance through CISI Accredited Training Providers, and speaks at public events on the same subjects.
Duration - 5
CPDs - 5