Skip to content
Support Hub Partners Investors
Get started Contact us

Fundamentals of Risk Management 2: Risk Management

Most companies seek to nurture a healthy risk culture where everyone across the organisation understands their responsibilities for managing risk.

All firms should invest in risk management and have robust risk management procedures. 

Our Risk Management course explains what risk management is and why it is important. You'll also familiarise yourself with the Management of Risk (MoR) framework developed by the UK Government.

Get started Course details
  • 45 Minutes
  • All staff
  • Based on best-practice risk management frameworks and suitable for global audiences.

Learning objectives

  • Appreciate what risk management is and its key benefits for our Company
  • Identify who has ownership of risk management
  • Understand the Management of Risk (MoR) framework
  • Identify regulatory expectations in relation to risk control
  • Recognise why communication is an essential aspect of risk management

    What can you expect your employees to learn?

Welcome

  • Learning objectives
  • How to complete this course

What is risk management?

  • The goal of risk management
  • You decide: Understanding risk management

Categories of risk

  • Risk: The current climate

Who manages risk within a company?

  • When is risk management important?

Risk management frameworks

  • What is the MoR framework?
  • MoR principles of risk management
  • You decide: Adopting the MoR principles
  • The MoR framework processes
  • You decide: The MoR framework processes

The UK Financial Conduct Authority's (FCA's) requirements for risk control

  • You decide: What is the purpose of risk control regulation?
  • How do we comply?
  • You decide: Overcoming barriers

Communication & the MoR framework

  • You decide: Why is communication essential?

Why is risk management important?


Summary
Affirmation
Assessment

Does your company have…

Under 50 employees?

We recommend our CoreCompliance, our solution, perfect for smaller teams. Start your training immediately with pre-configured, ready-to-go courses.

Learn more

Over 50 employees?

We have a range of flexible pricing plans to suit your unique needs. Choose from off-the-shelf course libraries or a customised, bespoke approach to reach your compliance learning goals.

Explore plans

Your questions, answered

Common FAQs

Are the courses SCORM-compliant?

Yes. This means they can be delivered via the Skillcast Portal or any other SCORM-compliant Learning Management System.

What other tools are needed beyond training?

A comprehensive compliance solution often needs more than just training. Alongside e-learning, tools like declarations, surveys, and registers that track compliance tasks are usually essential. Skillcast provides full support to help you set up these additional tools.

Can users only view the courses assigned to them?

No. All users can view all the courses in your Portal. Additionally, some of these courses may be mandatory, requiring completion by the given deadline.