Advanced Enterprise Risk Management
An Interactive 5-Day Training Course

Advanced Enterprise Risk Management

Fully Embedding the ERM Process

NASBA
Scheduled Dates
Date Venue Fees
21 - 25 Sep 2026 Abu Dhabi $ 5,950
12 - 16 Oct 2026 Marrakesh $ 5,950
09 - 13 Nov 2026 Dubai $ 5,950
25 - 29 Jan 2027 London $ 5,950
22 - 26 Mar 2027 Online $ 4,950
28 Jun - 02 Jul 2027 London $ 5,950
05 - 09 Jul 2027 Online $ 4,950
05 - 09 Jul 2027 Dubai $ 5,950
23 - 27 Aug 2027 Houston $ 7,950
20 - 24 Sep 2027 Abu Dhabi $ 5,950
11 - 15 Oct 2027 Marrakesh $ 5,950
08 - 12 Nov 2027 Dubai $ 5,950

Introduction

The turmoil in the world is continuing — with increasing public unrest, fluctuating energy prices, natural disasters of a scale once thought unimaginable, volatile stock markets and geo-political and economic uncertainty. In this time of global uncertainty, how do you steer a course through these difficult waters?

Many organisations have recognised that an Enterprise Risk Management (ERM) approach is needed. Risks that were previously managed in isolation can now be aggregated and prioritised across the entire business.

This course on Advanced ERM goes one step further. Risks are evaluated on the basis of business materiality. A new understanding of the risks then emerges, and efficient controls can be implemented to tackle what really matters to the business. In short, the focus becomes strategic value creation rather than risk avoidance.

This Enterprise Risk Management training course will provide the opportunity to:

  • Take Enterprise Risk Management (ERM) to a strategic level
  • Learn lessons from Global risk events
  • Determine a clear risk attitude and appetite process
  • Identify the key emerging risks
  • Link risk clearly wit decision making
  • Apply COSO ERM and ISO 31000:2018 principles at portfolio level

Objectives

After completing this Enterprise Risk Management training course you will be able to:

  • Implement appropriate and varied techniques for the identification and assessment of risks
  • Generate measurable value by aligning the Enterprise Risk Management (ERM) framework with corporate performance expectations
  • Engage the Board in the analysis of enterprise risk scenarios
  • Foster a culture that reinforces appropriate risk-taking to balance value creation and value protection
  • Clarify Enterprise Risk Management (ERM) accountabilities of all employees from executives to the front line
  • Implement Key Risk Indicators (KRIs) for each line of business
  • Enhance achievement of corporate objectives by linking performance targets, and risk management actions

Training Methodology

This is an advanced-level training course and delegates should have previous experience in the risk arena. Delegates should have a good educational standard and/or a professional qualification, but no advance preparation is required.

The delivery method will be Group-live, with exercises and role-plays that simulate the enterprise risk scenarios and situations risk professionals encounter. A short examination will be given at the end of the training course.

Organisational Impact

This training course will benefit organisations in all business sectors. It will provide advanced tools and techniques to refocus the risk process towards business materiality with each risk being evaluated and compared by its financial, legal, reputational, and regulatory impact, and classified by the effect they could have on the business.

This Enterprise Risk Management training course will enable organizational knowledge to be enhanced in the following areas:

  • The many and varied approaches for risk identification
  • The use of sophisticated techniques such as Delphi, Monte Carlo and Bayesian network analysis
  • Key Risk indicators
  • How to energize your staff to manage risks
  • Enterprise Risk Management (ERM) in projects

Personal Impact

This Enterprise Risk Management training course will enable delegates to enhance their personal knowledge in the following disciplines:

  • Risk register effectiveness
  • Driving risk ownership
  • Developing decision-making and communicative skills
  • Coordinating the ERM process
  • Challenging risk evaluations
  • Engaging top management in the ERM process

Who should Attend?

  • Chief Risk Officers
  • Risk Managers
  • Managers and Directors responsible for the risk management function or process
  • Heads of Internal Audit
  • Heads of Assurance Functions
  • Senior Finance Professionals
Course Outline
Day 1

Taking Enterprise Risk Management (ERM) to the Next Level

  • Characteristics of an advanced ERM process
  • Keeping your eye on the big prize
  • Exploring global ERM scenarios
  • The ERM roadmap / framework
    • Review YOUR current ERM environment — is it resilient?
    • Conducting a gap analysis
  • Developing an ERM roadmap of priorities for implementation
  • Syndicate work: two ERM case studies
  • The role of executive management in ERM
  • A regulated-sector approach to ERM [was: A UK banking sector approach to ERM]
Day 2

Enterprise Risk Management (ERM) Risk Measurement Techniques

  • A full review of all the Risk Measurement Methods including:
    • Risk Workshops
    • Delphi (Expert Analysis) with examples
    • Ishikawa (Fishbone) Analysis
    • Failure Mode and Root Cause Analysis with examples
    • Scenario Planning
  • Syndicate Work: Incident Exercise - seeking the Root Cause
Day 3

More Risk Assessment Techniques

  • Fault Tree Analysis with examples
  • Monte Carlo Simulations
  • Bayesian Networks
  • Emergent risks — often low probability but high impact:
    • Geopolitical instability and sanctions exposure
    • Supply chain concentration and single-source dependency
    • Cyber and third-party / vendor risk
    • Climate transition and physical risk
    • Artificial intelligence and model risk
  • Crisis Management
    • What is and Types of Crisis
    • The difference between an Incident, an Emergency and a Crisis
  • Key Risk Indicators (KRI’s)
Day 4

Advanced Enterprise Risk Management (ERM) Issues

  • The Risk Register Challenges
  • Enterprise Risk Management (ERM) Tips for Success
  • Risk Appetite and Risk Tolerance
  • Enterprise Risk Management (ERM) and Decision-making
  • Aligning the framework with ISO 31000:2018 — principles, framework and process
  • Syndicate work: How good are your Decision-making Skills?
Day 5

Wider Aspects of Enterprise Risk Management (ERM)

  • Assurance and Enterprise Risk Management (ERM)
    • Including Business Continuity Management (BCM)
  • Energising Your Staff to Manage Risk
    • The importance of Culture, Communications and Behaviour
    • Team forming and development
  • Enterprise Risk Management (ERM) in Projects and Joint Ventures
    • Goal Setting
  • Enterprise Risk Management (ERM) Golden Rules - Communications 
    • Syndicate work: Listening Skills Test
  • Course Review
Certificates
  • Upon successful completion of the classroom-based training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
  • Upon successful completion of the online training course, a GLOMACS Certificate will be awarded to all delegates. Guided Learning Hours – In accordance with ISO 9001:2015–certified quality management standards, one Guided Learning Hour is awarded for every 60 minutes of attendance.
Providers and Associations

Endorsed Education Provider

KHDA
NASBA

In Association With

Related Courses
What Our Clients Say
Frequently Asked Question
This is an advanced-level training course, and delegates should have previous experience in the risk arena. A good educational standard and/or a professional qualification is expected. However, no advance preparation or pre-course reading is required.
All delegates receive a GLOMACS Certificate on successful completion. For classroom sessions, Continuing Professional Education (CPE) credits are awarded in accordance with the standards of the National Registry of CPE Sponsors, at one credit per 50 minutes of attendance. For online sessions, Guided Learning Hours are awarded in accordance with ISO 9001:2015-certified quality management standards, at one hour per 60 minutes of attendance.

This Advanced Enterprise Risk Management training course is designed for Chief Risk Officers, Risk Managers, those responsible for risk management functions, Heads of Internal Audit, Heads of Assurance Functions, and Senior Finance Professionals who want to take their ERM knowledge to a strategic level.

This Advanced Enterprise Risk Management training course goes beyond traditional ERM by focusing on strategic value creation rather than just risk avoidance. It evaluates risks based on business materiality, explores sophisticated techniques like Delphi, Monte Carlo, and Bayesian network analysis, and emphasizes engaging boards in enterprise risk scenarios and linking risk clearly with decision-making.

This Advanced Enterprise Risk Management course is highly interactive and uses Group-live delivery methods with exercises, role-plays, group work, and case studies to simulate real-world scenarios and situations that risk professional’s encounter. This practical approach ensures you can immediately apply what you learn.

Yes, comprehensive course materials are provided including handouts, and reference materials. All materials are designed to serve as ongoing reference resources after the course.

Yes. GLOMACS offers customised and in-house delivery options. The content of this training course can be tailored to reflect an organisation’s specific strategic objectives, workforce challenges, and data maturity, ensuring maximum relevance and impact. 

 For further details or to discuss customisation requirements, you may call us on +971 (56) 538 7389 or email inhouse@glomacs.com . You can also submit a detailed enquiry through our in-house training page at: https://glomacs.com/in-house-seminars

Organisations gain a risk process refocused on business materiality, with each risk evaluated by its financial, legal, reputational and regulatory impact. Delegates return able to build defensible Key Risk Indicators, apply quantitative techniques such as Monte Carlo simulation and Bayesian networks where they add value, and present enterprise risk scenarios to the Board in terms it can act on.

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any related enquiries.

TEL: +971 (04) 425 0700

WhatsApp: +971 (56) 538 7378

Email Englishinfo@glomacs.com

Email Arabicarabic-training@glomacs.com

This training course runs at GLOMACS venues worldwide, including London, Dubai, Abu Dhabi, Houston and Marrakesh, with online sessions also scheduled. Classroom sessions are hosted in premium four- and five-star business hotels, with high-quality meeting rooms designed to support professional learning, interaction, comfort and confidentiality.
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