Enterprise Risk Management & Corporate Governance

Enterprise Risk Management & Corporate Governance

One full-day / two half days

“The long-term success of a company is dependent on the sustainability of its business model and its management of risk.” FRC Guidance on Board Effectiveness, 2018 Risk management is not a veneer on corporate governance. Neither is it just risk avoidance nor risk removal.

Summary

 Date: Optional

 Times: 09:30-16:30 (UK)

 Duration: One full-day

 No of attendees: 12-16

 Format: Online / Face-to-Face at CII or Client's office

Workshop Overview

Business strategy and risk management go hand in hand and inform each other to produce intelligent understanding of the types and level of risk that an organisation will face or chooses to accept.

Done well, it generates firm-wide acceptance to reduce the probability of both predictable and unforeseen events that could cause damage and minimise that damage if events do occur.

Regulators will codify much of what constitutes good risk management, as the EU Solvency II regime does. Equally, regulatory regimes often evolve from corporate governance. An executive director has a dual role: accountability for your part of the business, and leadership and direction of the company. As a director, your obligations and liabilities will be defined under law, but the board’s collective duties and responsibilities are set out by corporate governance codes with guidance that explains the collective board expectations.

There is also a growing body of research and evidence that indicates where board failure has been at the heart of company failures. More importantly it shows us what an effective board looks like, and how it relies on the effective contribution of each and every director: executive or non-executive.

By the end of this course delegates will be able to:

• Summarise the basic principles of risk management, and the board’s specific responsibilities.
• Describe the fundamental framework, process, and tools of risk management.
• Outline the essential combination of risk management, governance and capital adequacy.
• Summarise corporate governance, and how the existing framework in the UK has evolved.
• Explain your statutory and legal obligations.
• Explore the purpose and role of the board, its structure, and the roles of board committees.
• Explore the dual role of the executive director and the relationship with NEDs.
• Outline what contributes to board effectiveness.

Learning Objectives

The course covers the following:

• The nature and sources of risk: risk as part of strategy.
• Risk universe and classes/types of risk,
• The board's role: setting policy, strategy, and appetites, with meaningful appetites, thresholds and tolerances.
• Risk framework and process: identification, quantification, mitigation, and monitoring.
• What is corporate governance?
• The role and duties of directors: fiduciary duty.
• The board: role, structure, leadership, and operation.
• Regulatory: aligning individual accountability with collective responsibility.
• 'Matters Reserved' business model, culture and strategy, risk framework and risk appetites.
• The element of board effectiveness: essential dynamics, relationships, behaviours, and competences.

Who should attend?

Managers, Team Leaders and all those seeking to expand their skills on the topic. Wherever you are on your career journey, developing and maintaining your personal and professional skills helps to ensure you continue to grow and thrive.

Our range of Management, Leadership and Skills courses are designed to equip you with skills to optimise your personal performance, lead your team effectively and strengthen your business.

Corporate Solutions

We are able to offer this workshop specifically for your company as a In-House / Corporate training session for a set fee.

We can support your business with off-the-shelf courses for those studying our financial services units, our insurance units or those looking to develop their knowledge in a wide variety of technical areas. A full list of courses can be viewed in our 2025 Training Catalogue.

Please speak with your Relationship Manager who can explore your learning needs further or contact:  business.enquiries@cii.co.uk

Corporate (in-house) request

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For enquiries about this workshop, please email to: business.enquiries@cii.co.uk

Please note: The price of the workshop is based on British Pound Sterling (GBP). The purchase price will be processed using the relevant international currency conversion rate at the point of sale. Contact us for further information.

Your booking will only be confirmed, once payment has been processed and you receive a booking confirmation email from the training team.

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