Certified Enterprise Risk Management Professional (CERMP)

Transcription

1 International MasterClass Training NITA Number: NITA/TRN/1236 Certified Enterprise Risk Management Professional (CERMP) March 2018 Kigali, Rwanda Your Prominent Trainer: In Cooperation with: Nik Poghosyan International Institute for Executive Training Senior Presenter Key topics Enterprise Risk Management (ERM) The Types of ERM Risks Risk Standards The Nature of Risk: Losses and Opportunities Conducting Risk Assesments Quantitative Risk Analysis ERM Implementation (Risk Assessment & Treatment) Risk, Governance and Culture Risk Mitigation Crises, Resilience & Future Risks

2 ABOUT YOUR PROMINENT TRAINER: Nik Poghosyan International Institute for Executive Training Senior Presenter Nik Poghosyan is iiet s Financial and Risk corporate speaking specialist. Nik has held senior positions such as Assistant Vice President and Economist at Bank of the West in San Francisco and worked closely with the Bank s Chief Economist Scott Anderson between 2013 and In this capacity, he collected and analyzed regional, national and international data, contributed to the Bank s quarterly, monthly, and weekly economic outlook reports, and prepared issue-specific and regional research studies. As an economist and part of the Bank of the West executive office, Nik was also involved in speaking engagements over eighteen US States where Bank of the West had its business presence. His wide audience included Bank s internal departments and external partners who were getting periodic updates on the state of economy on global, national and regional levels. Nik also developed and customized industry- and area-specific economic impact models using Bea s RIMS II multipliers as well as IMPlan. He actively participated in projects related to CCar, DFast, Basel III, and other internal audit, risk modeling, and enterprise risk management activities. Prior to Bank of the West, Nik was an Associate Economist at the Institute for Applied Economics at Los Angeles County Economic Development Corporation (laedc) for over seven years. In this role, he focused on economic impact modeling and policy analyses regarding socioeconomic, demographic, immigration, workforce development, transportation, environmental and water issues in Los Angeles County and Southern California. Among his major professional achievements, he contributed to the first-ever LA County Strategic Plan for Economic Development as well as The Greening of the Los Angeles Economy project, a federally-sponsored, comprehensive study issued in Nik is also an Adjunct Professor of Economics at California State University, Los Angeles (CalStatela), where he teaches lower- and upper-division Economics and Statistics courses. A native of Armenia, he received his AA in Statistics from the Armenian State University of Economics, BA in Economics from California State University, Northridge, and MA in Economics from California State University, Los Angeles. Nik is a former National Relations Chair and Academic/ Scholarship Chair at the Los Angeles Chapter of National Association for Business Economics (nabe) and has been an active member of the national NABE since Key Takeaways: Define enterprise risk management Identify the roles and responsibilities within an organization to implement enterprise risk management as an enterprisewide function Compare the types of enterprise risk management frameworks Understand and conduct quantitative Risk Analysis learn how to implement an enterprise risk management program in an organization Understand how to monitor and evaluate an enterprise risk management program for improvement

3 WHO SHOULD ATTEND senior business leader executives managers entrepreneurs and other individuals interested in learning and applying the key components of strategic business management. COURSE REQUIREMENTS Delegates must meet the following criteria to be eligible for certificate of completion: 1. Attendance Delegates must attend all sessions of the course. Delegates who miss more than two hours of the course sessions will not be eligible to sit for the Certified Enterprise Risk Management Professional (CERMP)TM Examination. 2. Successful completion of the course exam Upon completion of this training course you will receive your certificate which has been fully accredited by Qualifi Limited; a UK recognized awarding organization. Earn Professional Development Units towards maintaining your relevant certification/license. Earn PDUs (Professional Development Unit) upon successful completion of this program to maintain your PMI Certification. Earn PDCs (Professional Development Credit) upon successful completion of this program toward SHRM. Course Overview: Enterprise Risk Management (erm) is often times an overlooked or under-implemented function, leaving organizations vulnerable and unprepared. This course will provide you with the fundamental concepts necessary to understand this function. Participants will aquire knowledge of the evolutionary and fluid process of developing, implementing and evaluating ERM. You will also learn how to monitor risk at an enterprisewide level, as well as the application techniques necessary for implementing the process within your organization. WHO SHOULD ATTEND Any executive or manager tasked with establishing, impementing or facilitating a business risk process or anyone tasked with providing assurance to senior management that the significant risks are being managed appropriately. Cross industry jobtitles: Chief Risk Officer operational Risk Manager risk Control Manager risk Compliance Manager Internal Audit Risk Analyst operational Risk Consultant risk Adjustment Specialist risk Compliance Analyst safety Risk Lead

4 PROGRAM: Training Course Timing: Registration: 8:30 Morning Session: 9:00 12:30 Coffee Break: 10:30 10:45 Lunch: 12:30 13:30 Afternoon Session: 13:30 17:00 Coffee Break: 15:15 15:45 Enterprise Risk Management (ERM) Why implement ERM The scope of ERM compare to existing risk management What is the value proposition for implementing ERM? The Role of Executive Management in ERM The Types of ERM Risks Hazard risk Liability torts, Property damage, Natural catastrophe Financial risk Pricing risk, Asset risk, Currency risk, Liquidity risk Operational risk Customer satisfaction, Product failure, Integrity, Reputational risk; Internal poaching; Knowledge drain Strategic risk Competition, Social trend, Capital availability Risk Standards Chosing the right one Explanation of the new Iso international risk standard Coso Enterprise Risk Management Integrated Framework RIMS Risk Maturity Model The Nature of Risk: Losses and Opportunities An overview of the global business and risk environment Risk culture, appetite and tolerance Neuro-economics and behavioral economics explanation of risk appetite Prospect theory Organizational risk management Conducting Risk Assesments What is the relationship between risk assessment and risk management? Types and sources of risk information Risk identification techniques Risk prioritization and rating, including quantitative assessment tools and techniques Presenting and sharing risk assessment information Quantitative Risk Analysis Risk Analysis Matrix Delphi (expert analysis) Ishikawa diagrams (fishbone analysis) Root cause analysis Failure mode and effect analysis (FMea) Decision Tree analysis Scenario planning Monte Carlo analysis Risk evaluation, problem solving and decisionmaking

5 ERM Implementation - Risk Assessment Initiating a structured, disciplined approach to implementation Implementation options and decisions Building a framework Obtaining ERM mandate and commitment Determining risk criteria Risk identification and assessment Methodology and techniques overview ERM Implementation - Risk Treatment Identifying risk treatment/responses Evaluation and selection considerations Risk treatment / Response options When risk treatment options are most appropriate Developing a risk treatment / Response plan Risk, Governance and Culture Corporate governance models, risk oversight frameworks, internal control models, compliance internal audit and assurance Strategics planning and risk management, including the role of the board, audit and risk committees, and the chief risk officer Risk culture, business ethics and organizational change Risk management performance, including competencies, training, leadership and conflict management Reputation risk management Risk mitigation Managing risk the options Management evaluation of mitigation controls How to assess risk mitigation Identification of risk exposures Critical evaluation of exposures Dealing with the exposures (the 4 Ts terminate, tolerate, treat or transfer) Establishment of action plans Crises, Resilience & Future Risks The nature and consequences of crises and the drivers for crisis management including business continuity, contingency, planning and crisis preparedness Learning lessons from the past, including root cause analysis Building resilience The core attributes of emerging and future risks, tools, techniques and models for predicting future risks Decision making for the future Register at Kigali

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7 Certified Enterprise Risk Management Professional (CERMP) March 2018 Kigali, Rwanda Sales Contract Code: BatD315_M NIta Number: NIta/trn/1236 PlEAse complete this form and send it back to: Phone: to: or FAX: Client Identification Details Payment Method Please debit my Visa Eurocard / Mastercard Amex Diners club Card Billing Address: Street: (Please complete form IN CAPITAL LETTERS for each client) Ms Mrs Mr Surname: City: Card Holder s Post/Zip Code Job Title: Ms Mrs Mr Surname: Job Title: Ms Mrs Mr Surname: Job Title: Company/Organisation Details Card Holder s Signature: Card Number: Valid from Visa CVC Number or Eurocard/Mastercard CVV Number (last 3 digits on the back of the card) Expiry Date I agree to Fleming Gulf FZE debiting my card. Authorization and Acceptance of Sales Contract & Terms & Conditions I hereby declare I am authorised to sign this contract and terms & conditions in the name of the company/organisation: Date: Signature: Booking is invalid without a signature VAT Number: Contact person: Address: VAT Number/Company Registration Number Agreed Price of the Service 1 Delegate USD 3299 per delegate City: Country: Phone: USD 32 administration charge will be applied Payment is required within 7 working days In the name of Fleming Gulf FZE I hereby declare Fleming Gulf will adhere to this sales contract & terms & conditions Website: Martin VALOVSky, CEO Terms and Conditions: 1. Payment terms. Fleming Gulf FZE (hereinafter as FG ) requires the full payment of the invoiced amount within 7 working days from the issue date of the invoice. FG reserves the right to refuse entry to any client who does not pay the invoice in full and on time. If the payment is not received on FG s account on the seventh day from the date of the issue of the invoice, FG is entitled to charge the Client an overdue interest of 5% p.a. for every day, for which the Cleint s payment is overdue. The registration fee includes: conference documentation, admission to all conference sessions, lunches and refreshments, admission to networking social breaks during the event. The registration fee does not include: travel, hotel accommodation, transfers or insurance.. 2. Hotel accommodation. Overnight accommodation is not included in the registration fee. A reduced rate may be available at the hotel hosting the event. The reservation form will be sent to the client after the venue has been confirmed, but no later than one month before the event begins. 3. Cancellation by client. The client has the right to cancel his/her participation in the event. Cancellation must be received by FG in writing, either by mail or fax. If the client cancels with more than one month s advance notice before the start of the event, FG shall be entitled to retain and charge 50% of the amount payable for participation in the event. If the client cancels with one month s (or less) advance notice, or fails to attend the event, then the client shall not be entitled to any refund. Failure to attend an event shall not excuse a client from owing the full amount of the registration fee. A copy of the conference notes from the event will be sent to the client after the event is over in case of cancellation by the client. 4. Cancellation by FG. While every reasonable effort is made to adhere to the advertised program, circumstances can arise which may cause changes in the program, including but not limited to changes in the content, date(s), location or venue, or special features of the planned event. Such circumstances include but are not limited to acts of terrorism, war, extreme weather conditions, compliance with government requests, orders and legal requirements, failure of third party suppliers to timely deliver, and failure to register the minimum target amount of attendees for a given event. FG reserves the right to change the content, date(s), location or venue and/ or special features of an event, to merge the event with another event, or to postpone it or cancel it entirely as appropriate under the circumstances. Client agrees that FG shall not be liable for any cost, damage or expense which may be incurred by client as a consequence of the event being so changed, merged, postponed or cancelled and client agrees to hold FG harmless and to indemnify FG in case of liability caused by any such changes, mergers, postponements or cancellations. 5. Cancellation of the event. In case FG cancels an event, then FG may offer the client a full credit up to the amount actually paid by the client to FG. This credit shall be valid for up to one year from the issue date of the invoice to attend any FG-sponsored events. The client shall not be entitled to this credit as a contractual right. 6. Client s identification information. By signing of this sales contract and these terms and conditions the client gives full right to EP to share the client s identification information such as, but not limited to, client s name, address, addresses, phone numbers and names of representatives with third parties, which participated on the same event as the client. 7. Governing law. This contract shall be governed and construed in accordance with the laws of Uae (not including its conflict of laws provisions). Any disputes arising out of this contract shall be brought before the courts of the Uae situated in the city of Dubai in the Uae. At its sole discretion, FG may elect to bring any dispute arising under this contract to the jurisdiction of the courts in which the client s offices are located. 8. Indemnification. To the fullest extent permitted by the law, you agree to protect, indemnify, defend and hold harmless FG, its owners, managers, partners, subsidiaries, affiliates, officers, directors, employees and agents, from and against any and all claims, losses or damages to persons or property, governmental charges or fines, penalties, and costs (including reasonable attorney s fees) (collectively the Claims ), in any way arising out of or relating to the event that is the subject of this contract, and regardless of negligence, included but not limited to, Claims arising out of the negligence, gross negligence or intentional misconduct of FG employees, agents, contractors, and attendees; provided, however, that nothing in this indemnification shall require you to indemnify FG Indemnified parties for that portion of any Claim arising out of the sole negligence, gross negligence or intentional misconduct of the FG parties. 9. Other currencies. In case that client requests payment in other than official currency (USD), FG reserves the right to apply 8% currency risk surcharge to the actual exchange rate. 10. Other Conditions. Any terms or conditions contained in the client s acceptance which contradict or are different from the terms and conditions of this registration document shall not become part of the contract unless individually negotiated with FG and expressly accepted by FG.