FoRM 2 - Risk Management Course

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.

About this Course

Available as part of our Risk Management Library.

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

Course Contents

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

Course Specifications

Structure

Approximately 45-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.