Every organisation carries risk — the question is whether it is identified early enough to manage, or discovered too late to control. This course walks participants through a complete, practical risk-management cycle: spotting risk before it becomes a crisis, weighing it against potential returns, and building a response plan that actually gets followed.

Delivered by the Arab British Fellowship Training Academy, the course draws on standard risk-management frameworks to cover both the quantitative side — market, credit and operational risk statistics — and the qualitative side — governance, monitoring and audit — so participants can apply the same discipline whether they work in finance, operations or compliance.

By the end of this course, participants will be able to:

• Explain the concept of risk management and weigh risk against return for investors.
• Apply basic statistical techniques for market, credit and operational risk.
• Build a risk-response plan and run quantitative and qualitative risk-analysis processes.
• Monitor, control and certify a risk-management process against a recognised standard.
• Identify the proper timing and categories for taking risk precautions.

This course is designed for:

• Directors and owners of large commercial and industrial companies.
• General managers in public and private companies.
• Directors of internal audit offices, and heads of audit departments.
• Employees working in financial control.
• Students seeking contemporary approaches to financial auditing and risk detection.

Module 1: Understanding Risk and Its Trade-Off with Return

• Introduction to risk management, and risk versus return for investors.
• How to manage risk in practice.
• Applying basic market, credit and operational risk statistics.

Module 2: From Identification to Response

• Establishing a context, and consulting and communicating with stakeholders.
• Risk identification and risk analysis.
• Risk assessment, and building a risk-response plan.
• Performing quantitative and qualitative risk-analysis processes.

Module 3: Monitoring, Control and Standards

• Monitoring and controlling the risk-management process.
• Standard risk management, and recording the risk-management process.
• Building effective risk management within an organisation.

Module 4: Practical Risk Assessment

• Methods of risk assessment, and precautions to avoid risk.
• The relationship between risk and institutional policies and procedures.
• Reasons for assessing risk, and methods of certifying risk assessment and precautions.
• Methods of dealing with corruption-related risk, and the right timing for precautions.
• Risk-assessment categories and field work.

Delivery formats:

• In-house training.
• One-to-one training.
• Group training.
• Hands-on practical training.

We can deliver this course at the time and place that suits you. For more information, please contact the Arab British Fellowship Training Academy team.