Compliance E-Learning: Global Risk
Effective risk management starts with training employees to appreciate the fundamentals of risk management.
Once this is embedded, they need to understand how risk management principles apply to specific risks ranging from financial crime and fraud to health and safety. Our Global Risk library contains IIRSM-accredited modules and is a great resource for training your staff in risk fundamentals and application.
All our Global Risk modules and those in the Global Compliance Library are available in multiple languages, including English, Brazilian Portuguese, Chinese Simplified, Dutch, French, German, Italian, Japanese, Polish and Spanish.
Global Risk Management Library
The first eight modules of our Global Risk Library form a complete training program on the fundamentals of risk management (FoRM). They are supported by eight modules focusing on applying these principles to specific business risks.
FoRM 1: Introduction to Risk
In order to fully understand the nature of the risks that your company faces, risk needs to be described in terms of events, causes and consequences.
Our Introduction to Risk course will help your employees understand what risk is, the different types of risks, positive and negative risk outcomes, and how risks are classified.
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FoRM 2: Risk Management
All firms should invest in risk management and have robust risk management procedures.
The Risk Management Course highlights the importance of planning before taking action, and allows you to familiarise yourself with the Management of Risk (MoR) framework developed by the UK Government.
About our Risk Library
Our comprehensive new Risk Library contains 16 tailored and staged general and managerial training courses.
Combine this library with our award-winning LMS and RegTech tools to deliver a cost-effective one-stop compliance solution. This is supported by a 5-star Feefo-rated dedicated Customer Success Manager and Account Manager.
FoRM 3: Risk Identification
This process aims to understand the company's overall risk profile and factor this into risk decision-making when working to achieve business objectives.
In our Risk Identification course, your employees will learn about the challenges in identifying risk and the effect of context, attitudes and perception.
FoRM 4: Risk Appetite
The amount and type of risk a company is willing to take to meet its strategic objectives is known as its risk appetite. Companies can establish a risk threshold by setting a risk appetite and communicating it effectively.
Our Risk Appetite course explains why setting a risk appetite is important and how to implement this model in your company.
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FoRM 5: Risk Assessment
A risk assessment is a systematic process used to identify risks and evaluate key risk elements which include probablity, impact and the expected value or cost.
Our Risk Assessment Course will help you learn how to assess the probability and impact of risk as well as understand the different methods of analysing it.
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FoRM 6: Risk Treatment
Risk treatment is when an organisation applies risk controls and other strategies in response to risk.
Our Risk Treatment course explains how to respond to various types of risks and how they can be treated to minimise their negative probability and impact, as well as capitalise on potential risk opportunities.
FoRM 7: Risk Monitoring
Risk monitoring involves maintaining continuous awareness of an organisation's risk environment and associated activities to support risk decisions.
Our Risk Monitoring course explains the importance of risk monitoring and how to implement a risk and control monitoring programme.
FoRM 8: Risk Reporting
Risk reporting provides a regular mechanism to direct updates to key stakeholders, ensuring the right information is given to the right people, at the right level, and at the right time.
This course explains the purpose of risk reporting, best practices and the key data that should be included in reports.
FoRM 9: Continual Improvement of Risk Management
Risk management needs to be continuously improved through learning and experience. If a risk management framework is implemented once and then not updated, it can quickly become outdated and ineffective.
Learn what continuous improvement is, what its four principles are, and how to improve risk culture and strengthen the risk management framework.
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Our 15 e-learning modules cover the fundamentals of risk management, specific types of risk and business continuity.
If you'd like to see these courses in more detail, why not sign up for a free trial?
Business Risk Courses
Our Fundamentals of Risk Management courses are supported by a number of courses addressing key specific areas of business risk.
They help your staff apply risk management principles in various contexts, such as credit control, cybersecurity and business continuity.
Business Continuity Management
Our Business Continuity course introduces your employees to business continuity management.
They will learn how to ensure operational resilience in challenging situations and the key preparations needed to restore 'Business as Usual (BAU)' as soon as possible after risk events materialise.
Business Travel Risk
Business travel risk management is fundamental for organisational resilience. Our Business Travel Security course will help your employees learn about the planning and organisation needed for business trips.
This includes the policy and procedures to follow, how to avoid scams, stay safe and what action to take on their return.
About our Risk Library
Our comprehensive new Risk Library contains 16 tailored and staged general and managerial training courses.
Combine this library with our award-winning LMS and RegTech tools to deliver a cost-effective one-stop compliance solution.
All are supported by a 5-star Feefo-rated dedicated Customer Success Manager.
Credit Risk for Financial Firms
All companies are exposed to credit risk. Financial firms are further exposed to credit risk as they actively take credit risk to generate income.
This course will help your employees to understand what credit risk is, its components and how to recognise credit events.
Credit Risk for Non-Financial Firms
Credit risk is a form of financial risk that all companies are exposed to. This type of risk can arise in several different ways. Managing credit risk should be aligned with risk management process.
This course will help your staff to understand what credit risk is, its components and how to recognise credit events.
Cyber Risk
One of the biggest risks for firms today is cyber risk. Over the past decade, this risk has grown significantly in terms of both likelihood and impact.
Our Cyber Risk course provides an overview of the changing cyber risk landscape for firms operating in the UK, recent cyberattack trends, and what regulators expect of us.
Developing Secure Applications
The process of software and system development is constantly evolving, with increased automation and integration. Developers can now use code to define an entire system architecture.
Our Developing Secure Applications course explains the key principles of secure software development and deployment.
ESG Risk
The three critical dimensions of Environmental, Social, and Governance (ESG) are foundational to ethical business operations.
Our ESG Risk course provides insights into the importance of environmental stewardship, social responsibility, and robust governance.
Operational Risk
Our Operational Risk course will help your employees understand companies' common operational risks, including legal and compliance risks, third-party and cyber risks.
The course covers tools and techniques to identify and analyse risk, as well as the various ways risks can be managed by implementing risk controls.
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Physical & Personal Security Risk
Our Managing Physical Security Risk course will help your employees to understand physical security risks.
The covered topics include the physical security of business premises, the role of surveillance, personal security threats to employees, as well as biological, chemical and terrorist attacks.
Third-Party Risk
A third-party risk is a form of operational risk. It includes risks that arise from relationships with third-party providers such as vendors, suppliers, contractors and other business partners.
This course explains third-party risks, the shifting focus of regulators, and how to manage those risks.
Three Lines of Defence Model
Our Three Lines of Defence Model course outlines the key stakeholders in the model and their main roles.
The course empowers staff by helping them identify their responsibilities in relation to risk management, including the importance of collaboration and the proactive reporting of risks.
