Training on Enterprise Risk Management (ERM) in Finance
Master Enterprise Risk Management in finance with practical tools for risk identification, assessment, mitigation, and governance.
Next intake
20 Jul 2026 · Dakar
Duration
10 days
Live instruction
Delivery
Physical + Virtual
Cohort based
Level
Intermediate
Working professionals
Certification
NITA reimbursable
For Kenyan cohorts
Language
English
All materials
About this programme
This 10-day intensive course provides a comprehensive understanding of Enterprise Risk Management (ERM) within financial institutions and organizations. The course equips participants with practical skills to identify, assess, mitigate, monitor, and report financial and non-financial risks using globally accepted ERM frameworks. Through case studies, simulations, and hands-on risk assessment exercises, participants will learn how to integrate ERM into strategic planning, governance, compliance, and financial decision-making.
Duration
10 Days
Who Should Attend:
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Finance managers and officers
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Risk management professionals
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Internal auditors and compliance officers
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Accountants and financial controllers
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Bankers, insurers, and investment professionals
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Senior managers and board committee members
What you'll walk away with
By the end of this training, participants will be able to:
- Understand ERM concepts, principles, and frameworks
- Identify financial, operational, strategic, and compliance risks
- Conduct risk assessments and develop risk registers
- Design and implement effective risk mitigation strategies
- Integrate ERM into financial planning and governance
- Strengthen risk reporting and decision-making
What we cover, module by module
Module 1: Introduction to Enterprise Risk Management
- ERM concepts, objectives, and evolution
- Importance of ERM in finance
- Types of risks: financial, operational, strategic, compliance
- Case Study: ERM failures in financial institutions
- Practical: Risk identification brainstorming exercise
Module 2: ERM Frameworks & Standards
- COSO ERM Framework
- ISO 31000 Risk Management Standard
- Regulatory expectations in financial risk management
- Case Study: Applying COSO ERM in a financial institution
- Practical: Mapping risks to ERM frameworks
Module 3: Risk Governance, Culture & Appetite
- Risk governance structures and roles
- Risk culture and ethics
- Risk appetite and tolerance statements
- Case Study: Poor risk culture and financial crises
- Practical: Developing a risk appetite statement
Module 4: Financial Risk Management
- Credit risk, market risk, and liquidity risk
- Interest rate and foreign exchange risk
- Risk measurement tools and techniques
- Case Study: Credit risk management in banks
- Practical: Financial risk assessment and scoring
Module 5: Operational & Compliance Risk
- Operational risk identification and controls
- Fraud risk and internal controls
- Regulatory and compliance risk management
- Case Study: Operational risk failures and fraud incidents
- Practical: Creating an operational risk register
- Module 6: Strategic & Emerging Risks
- Strategic risk assessment
- ESG, climate, cyber, and technology risks
- Scenario planning and stress testing
- Case Study: Managing emerging risks in finance
- Practical: Scenario analysis and stress testing exercise
Module 7: Risk Assessment Tools & Techniques
- Risk identification methods
- Risk analysis and evaluation
- Heat maps and risk matrices
- Case Study: Enterprise-wide risk assessment
- Practical: Developing a risk heat map
Module 8: Risk Mitigation & Control Strategies
- Risk treatment options
- Internal controls and control testing
- Business continuity and resilience planning
- Case Study: Risk mitigation failures and lessons learned
- Practical: Designing risk mitigation action plans
Module 9: Risk Monitoring, Reporting & Technology
- Key Risk Indicators (KRIs)
- Risk reporting to management and boards
- Risk management information systems (RMIS)
- Case Study: Effective risk dashboards
- Practical: Designing a risk report and dashboard
Module 10: Integrating ERM into Strategy & Decision-Making
- ERM and strategic planning
- ERM maturity models
- Course review and final assessment
- Case Study: Successful ERM integration in finance
- Practical: Group ERM implementation project
Where the change lands
Personal Impact:
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Strong risk identification and analysis skills
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Improved professional judgment in financial decision-making
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Increased confidence in managing complex risks
Organizational Impact:
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Improved governance and risk oversight
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Reduced financial losses and compliance breaches
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Enhanced strategic resilience and sustainability
Dates and locations
Upcoming intakes
Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.
| City | Starts | Ends | Delivery | Book |
|---|---|---|---|---|
DakarNext | 20 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Johannesburg | 20 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Dar es Salaam | 20 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Nakuru | 20 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Pretoria | 27 Jul 2026 | 07 Aug 2026 | In-Person | Book |
Kisumu | 27 Jul 2026 | 07 Aug 2026 | In-Person | Book |
- DakarNext
20 Jul → 31 Jul·In-Person
Book this intake - Johannesburg
20 Jul → 31 Jul·In-Person
Book this intake - Dar es Salaam
20 Jul → 31 Jul·In-Person
Book this intake - Nakuru
20 Jul → 31 Jul·In-Person
Book this intake - Pretoria
27 Jul → 07 Aug·In-Person
Book this intake - Kisumu
27 Jul → 07 Aug·In-Person
Book this intake
Common questions.
Still not sure? Send us a note and a facilitator will get back to you within a business day.
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Course finder
Find the right course for you
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For corporate teams
Training 10+ professionals?
We deliver Training on Enterprise Risk Management (ERM) in Finance in-house at your offices, at a venue we arrange, or fully virtual. Customise the curriculum against your KPIs, and get a bespoke price for the cohort size you need.