Senior Risk Manager Training Course: Roles, Authority and Practice (Online / Remote)
1Summary
When a company misjudges a single risk, the fallout rarely stays contained to one department — it reaches budgets, reputation, and sometimes survival itself. That is exactly why organisations now put a senior risk manager at the centre of governance rather than at its edges. Recognising this shift, the Arab British Fellowship Training Academy has built its Senior Risk Manager Training Course: Roles, Authority and Practice around the real tasks this role demands, not just the theory behind it.
At its core, the course frames risk management as a continuous cycle: spotting exposures early, measuring their likely impact, and deciding whether to transfer them, absorb them, or design them out of the business altogether. Participants leave with a working method for turning that cycle into daily practice — one built on identification, assessment, and response rather than reactive firefighting.
2Objectives and target group
By the end of this course, participants will be able to:
- Apply modern, evidence-based methods of financial auditing and connect them to the wider mechanics of company direction.
- Recognise the risks and irregularities that internal and external auditors are most likely to surface.
- Explain how financial auditing and internal audit offices help a company avoid costly financial problems before they escalate.
- Identify errors in financial reporting and review disclosures made by company accountants.
This course is designed for:
- Owners and directors of large commercial and industrial companies.
- General managers across public and private companies.
- Heads of internal audit offices and audit departments.
- Financial control staff at all levels.
- Students pursuing contemporary approaches to financial auditing and risk detection.
3Course Content
Module 1: Why a Standardised Approach to Risk Matters
- The rationale behind adopting a structured risk management standard, using the AS/NZS 4360:2004 model as a reference point.
- How to consult stakeholders and build the governance framework the standard requires.
Module 2: Finding and Sizing the Risk
- Techniques for identifying risk exposures before they surface as incidents.
- Analysing and assessing risk severity, likelihood, and categories.
Module 3: Turning Assessment into Precaution
- Deciding what precautions to take and the right timing to apply them.
- Linking risk findings to an institution's existing policies and procedures, and understanding why ongoing assessment is necessary.
Module 4: Monitoring, Auditing and Certifying Risk Work
- Embedding monitoring and audit routines into the risk management process.
- Methods for certifying that risk assessments and precautions meet required standards.
Module 5: Handling Corruption-Related Risk in the Field
- Approaches for dealing with risks that stem from corruption specifically.
- Applying the full process through practical field work on risk assessment.