RCG206Managing Enterprise Risk Management

COURSE SUMMARY

This is a two-day course covering the concept of risk-thinking and managing risk in the business environment. This session focuses on learning essential business skills and analytical techniques to implement and maintain enterprise risk management (ERM) programme effectively in an organisation.

COURSE DETAILS

Course Fee SGD 900
Course Duration 2 Days
Course Timing 9:00 - 5:00pm
Course Venue 190 Clemenceau Avenue
SDF Approved Coming soon
Skills Future Credit Coming soon
Upcoming Courses 24-25 Jul 2019

This is a two-day course covering the concept of risk-thinking and managing risk in business environment. This session focuses on learning essential business skills and analytical techniques to implement and maintain enterprise risk management (ERM) programme effectively in an organisation. The principles and knowledge areas of ERM will be based on the ISO 31000 and COSO ERM Framework.

1. Introduction

  • Risk-thinking and risk management in business environment
  • ERM Framework Standards - ISO 31000 &COSO (Rev. Sep 2017)

2. Framework’s Elements

  • Principles of implementing ERM Framework within an organisation
  • Components of ERM Framework
  • Sustainability (Implementation & Maintenance) Model of ERM/ Governance Initiative

3. Customisation of ERM Framework

  • Analysing enterprise’ business model and external and internal factors
  • Setting corporate objective of implementing ERM
  • Determining risk appetite and tolerance limits, risk descriptors as part of ERM Policy
  • Establishing risk governance structure and core values to ensure effective ERM

4. Implementation of ERM Process

  • Performing risk-strategy alignment and stakeholder analysis
  • Conducting risk management process part I – Risk contextualisation, identification & assessment, Gross Risk scoring, control mapping & evaluation
  • Conducting risk management process part II - Risk treatments and foundation of formulating key risk indicators (KRIs)
  • Risk monitoring and reviewing - techniques and tools to ensure the improvement of ERM process and risk information
  • Internal auditors
  • ERM or compliance managers
  • External auditors

Lecture and case study.

Ian Ng

Ian Ng

Ian Ng is a experienced regional facilitator with cross-cultural training exposure. Ian has extensive experience in internal auditing, consulting, corporate governance, change management and training experiences. Having worked in financial institutions, big-4 auditing firm, SGX-listed company and GLCs, he has vast experiences in helping corporations to develop strategy to drive enterprise change initiatives or programme. Ian has trained hundreds of IT, engineering professionals, senior management, business & operational managers from ASEAN, Asia Pacific, Middle East, Africa, Europe & North America countries.

Ian had been previously engaged by several international training providers, Brunei Government and professional associations to deliver ERM, IT auditing, PMP and BCM professional certifications and other non-certification courses. He is currently engaged by professional bodies to deliver risk-based auditing, IT auditing and Lean Six-Sigma in auditing.

Currently, Ian Ng leads an AI and localisation technologies business solutions company, Translasia Group, for the Southeast Asia and East Asia markets. His primary role is to drive technological & strategic innovations, develop emerging business model and re-structure business lines via digital transformation. Ian has over 24 years of information technology project management, business process re-engineering (BPR) consulting and risk management experiences and took on senior management roles in wide-ranged industries. Ian is also the founder of a management consulting firm specialising in risk management, project management, business continuity & crisis preparedness, productivity improvement consultancy and training.

Ian was previously the head of PMO in Jurong Port, responsible for cross-functional business transformation and port extension projects. During his tenure at JP, he was appointed as Corporate Risk Manager and had successfully implemented series of management initiatives, such as enterprise risk management, business continuity management, information security, port security and safety & health initiatives.

Ian Ng is a certified Practising Management Consultant (SPRING-accredited), certified Project Management Professional (PMP), certified Business Continuity Professional (CBCP) and certified Information Systems Auditor (CISA). He holds a Honours degree in Accounting & Finance from Lancaster University, UK and Master of Business InfoTech from Curtin University of Technology, Australia.

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