FERMA RIMAP Certification Course
The "Hellenic Association of Risk Managers" (www.harima.gr) member of FERMA (Federation European of Risk Management Associations, www.ferma.eu) & FECMA (Federation of European Credit Management Associations, www.fecma.eu), with the support of "Academics University of London Worldwide" and SEV and in collaboration with the "Risk Training Institute" of ICAP CRIF, present the "FERMA RIMAP Certification Course" training program that leads to the corresponding certification after examinations.
Description
The aim of the program is to provide a robust and coherent risk educational material of all key elements of today’s risk management practices, methodologies, tools and trends yet in line and compatible with FERMA rimap certification program as an attempt to organize and re-structure the risk management industry aiming to give a strong identity to the profession, making sure executives, boards, human resource departments and academics value the profession as it really is.
To whom it is addressed
Professionals in the field of Risk Management (from junior to senior) but also in related areas (insurance, finance, operations, internal audit, compliance) who want to be prepared to participate in the exams organized by FERMA for RIMAP, an independent certification of a risk manager's professional competence and experience, recognized at European level. More information on https://www.ferma.eu/rimap-certification/
Management Executives
Risk Management Executives
Business Unit Managers
Internal / External Auditors
Compliance Officers
Decision makers, board members, CEOs
Corporate Insurance Officers
Subject Areas
- Risk Complexity
- Risk Identification
- Risk Assessment
- Impact and Likelihood Factors
- Risk Illustration
- Reporting Necessity
- Risk Monitoring
- Risk Frameworks (ISO, COSO, COBIT, NIST)
- ERM Fundamentals
- ERM Methodology
- ERM and Sustainability
- Strategic Alignment
- Trends-Threats-Practical Examples
What you will learn
Practical applications for the design and development of Risk Management and ERM systems, guide to risk identification-assessment-treatment, monitoring and impact assessment, necessary qualifications, capabilities and skills of risk management executives, references to individual risk frameworks (e.g. Compliance, System Security, Third Party Risk Management, Crisis Management, Reputation Risk Management, ERM relation to ESG etc.)
Principles and aims of enterprise-wide risk management
- Risks in daily life.
- Enterprise risk management
- Risk management objectives.
- Increasing global complexity and risk
Risk management frameworks and standards
- Risk management frameworks
- Different frameworks.
- COSO Enterprise risk management—Integrating with Strategy and Performance
- ISO 31000:2018 Risk management—Guidelines.
- Other standards
Risk management in the organization
- The history of risk management.
- Risk management in the organization.
- The three lines of defense model.
- Benefits and limitations of the three of lines of defense model
- Developing a risk aware culture
Organization strategy, objectives, responsibilities, structure and program
- Risk management responsibilities
- Elements of a risk management framework.
- Monitoring
- Reviewing
Strategic risk management
- The strategic direction of risk management
- Risk appetite and risk tolerance
- Strategy
- Strategic management processes
- Risk management and strategic planning
- The corporate risk profile
Types and impact of risk on organizations
- Defining risk
- Types of hazards
- Types of risk
- Impact of risks
- Recording risk assessments
Risk management process: identification, assessment, treatment,
- The risk management process.
- Establishing the context
- Risk assessment
- Reduction and controls
- Risk financing
- Feedback mechanisms
Added value, cost and benefits of risk management
- Cost of risk
- Benefits of risk management
Course Start Date
22 of October 2024
Cost of Attendance
- 36 Hours
- Live Online
- Certification
- Subsidized by LAEK
Scientific Associate
Koufopoulos, PhDDirector of University of London MBA Programmes,
Member of H.A.RI.MA.
Visiting Professor, School of Law, CCLS at Queen Mary University
Honorary Research Fellow at Birkbeck University of London
Dimitrios N. Koufopoulos is a Visiting Professor, School of Law, CCLS at Queen Mary University, Honorary Research Fellow at Birkbeck University of London and the Director of the Global Online MBA Programmes in University of London. He has held numerous academic positions at Brunel University (2002-2018) and Cardiff University (1991-2002) in UK.
Dimitrios began his career very early, in construction industry –simply put, a builder-as well as a guitar player and singer where he quickly realised that was not good enough. Then, he turned his attention to accounting, where he saw opportunities and potential employment successes.
He gained his university bachelor’s degree in Management from the Athens School of Economics and Business Sciences in Greece, in 1988. Two years later has embarked on postgraduate studies in UK. He earned his MBA at Cardiff Business School, and straight after was employed as a research assistant at Cardiff University, Cardiff business School. He started working on his PhD on Strategic Planning Systems alongside his academic and consulting career.
He has been a Full-Time academic member of staff at Cardiff Business School from 1991 to 2002 and then joined Brunel Business School until April 2018. He publishes extensively in academic journals and every year papers that co-authors are presented in major conferences all over the world.
He has been teaching online and developing online material since 2006; in the early beginning at Universitas 21, then Laureate-Liverpool in 2009, Laureate- Roehampton in 2012 and University of London-Queen Mary in 2016. He has an extensive experience in developing and testing online material and modules; like Learning and Leading in a Dynamic Era, Strategy and Innovation and Strategic Management. He is currently working on the second edition of his textbook “Essentials of Strategic Management” published by Sage in 2012.
His supervisory capabilities have been developed since 1992 and up to now has successfully supervised well above 400 hundred students at UG and PG level as well as over 10 PhD students at Brunel University and currently 3 DBA Students at University of Liverpool.
Back in 1994, alongside his academic career, he set up a boutique consulting firm providing intelligent reports on several business and management issues. In 1998, he set up the Gnosis Management Consultants (www.gnosisconsultants.com), specializing in executive training and niched strategic research. In 2007, he set up the Hellenic Observatory of Corporate Governance (www.hocg.eu), where research on five distinct, important economic sectors for Greece are contacted. Since 2016 is a partner in www.proteas.io a business model innovation consulting firm.
Χλωµούδης Bsc, MscGroup DPO ICAP CRIF
