Masters Certificate in Risk Management and Business Performance Leadership

Become a key expert in risk management and help your Canadian business or government agency excel in the global market.

Master risk planning and implementation and learn to prepare risk profiles and reports for senior management and the board so you can make confident recommendations on your organization’s current state of risk management.

Take advantage of the program’s world-class faculty of risk management practitioners, academics and professional facilitators. Sign on for one or all of the four- and five-day standalone modules: Enterprise Risk Management Framework, Enterprise Risk Implementation and Advanced Enterprise Risk Practices. You will thrive in the program’s blend of lectures, presentations and hands-on and peer-to-peer learning during in-class exercises, discussions and workshops as you gain valuable insight and tools.

Course content details

Enterprise Risk Management Framework

Aligning Risk, Strategy and Business Performance in a Changing Environment – Setting the Framework

Study the relationship between risk, strategy and business performance. Understand the essential theory and review generally-accepted risk management frameworks and standards to be better prepared to lay the framework for successful enterprise risk management.

Overview: The Framework module provides leaders with the essential elements to establish and maintain a successful risk program to support the achievement of strategy with clear definition of risk appetite. The program crystallizes the value proposition for risk management with hindsight from lessons from past events. It equips participants to tailor a risk management policy and framework, establish clear oversight and governance, and develop a roadmap for successful implementation.

Key TakeAways

• Study the relationship between, risk, strategy and business performance
• Crystallize the value proposition for risk management with hindsight from lessons learned from past events and failings or successes of others
• Understand the essential theory and review generally-accepted risk management standards to be better prepared to develop a framework for successful enterprise risk management
• Learn to use the bowtie model and understand the key elements required to undertake comprehensive risk assessments, including the ability to differentiate risk events, hazards, root causes and consequences
• Understand the key stages involved in the development of robust risk appetite frameworks and how these can be used to help navigate key business decisions

Enterprise Risk Implementation

Practical Implementation… From Concept to Reality – Techniques for Building Capabilities

Learn how to develop and operationalize a risk-management framework and supporting process as you design a tailored implementation approach for your organization.

Overview: The Risk Implementation module provides business and risk leaders with the capabilities to design or refine their risk management framework and develop an enabling process that is sustainable and repeatable. Learn how to plan and execute effective risk workshops. Understand and know how to develop and apply key risk indicators. Focus on the formulation and implementation of robust risk response strategies. Obtain practical implementation guidance from Chief Risk Officer guest lecturers.

Key TakeAways

• Consider how to effectively operationalize a risk management framework and develop a sustainable and repeatable program
• Learn how to plan and execute effective risk workshops
• Understand and know how to develop and apply key risk indicators
• Focus on the formulation and implementation of robust risk response strategies
• Obtain practical implementation guidance from Chief Risk Officer guest lecturers

Advanced Enterprise Risk Practices

Risk Culture, Reporting & Advanced Topics – Taking it to the Next Level

Know the critical importance of risk culture and how to assess it. Learn advanced techniques to keep up with rapid change and emerging risks, and effectively report your risk profile and the ongoing state of risk management in your organization.

Overview: The Advanced Risk Practices module emphasizes the importance of culture as a critical success factor for effective risk management. Participants will learn to address rapid change and emerging risks and how to effectively profile risks and report to key stakeholders, including senior management and the board. You will be encouraged to share experiences and best practices through case studies from leading organizations and presentations from guest speakers.

Key TakeAways

• Learn how to identify the key hallmarks of a strong risk culture and the “red flags” associated with potential deficiencies in your organization’s risk culture
• Learn to customize your approach to ERM to suit your business context, organization, culture and environment
• Understand the psychology of risk and the impact of cognitive biases with consideration of approaches to mitigate
• Refine your risk profiling and enhance reporting to key stakeholders on risk and the ongoing state of risk management in your organization or area of responsibility
• Hear of trends and development in enterprise risk management and consider the future of ERM and what it means for you and your organization