How To Practically Prepare Risk Registers
Practical Guide to Prepare Risk Registers in Enterprise Risk Management (ERM) for Compliance, Risk, Audit Professionals
How To Practically Prepare Risk Registers udemy course free download
Practical Guide to Prepare Risk Registers in Enterprise Risk Management (ERM) for Compliance, Risk, Audit Professionals
Hello
Welcome to 'How To Practically Prepare Risk Register' Course.
Are you working in Compliance, Risk Management, Data Security, Cybersecurity, IT, Finance or Audit functions?
Are you a 'Compliance. Cyber-Security, or Risk Management Consultant' helping clients identify, assess, and document their Risks?
Are you a Businessman or an Entrepreneur and want to know the process of documenting your company/business risks in the form of formal Risk Registers OR do you want your employees to know this process on your behalf?
This course is for you.
Remember that 'Preparation of Risk Registers' is an ongoing process.
You should be aware of Business, Operational, Regulatory, and Process Risks and know how Risks and Controls are documented and analyzed for Prioritization and Mitigation. To Document and Assess Risks, you should be aware of the 'Risk Assessment Methodology Matrix', and the 'Application of Matrix in preparing Risk Registers'.
COURSE OVERVIEW
In this course, you will learn about Risk, Risk Management Concepts, Risk Identification, Documentation, Risk Assessment Methodology, and Process/Considerations in developing Risk Registers.
You will learn how various Risks are identified, documented, analyzed, and assessed in a 'Risk Register' by applying a risk assessment methodology. This course will give you practical knowledge about how Risk Registers are prepared using Risk Assessment Criteria and Methodology including assessing the Impact and Likelihood of Risks.
You will learn about the identification of Key/Significant Regulatory Risks, Operational Risks, Financial Risks, Legal Risks, How 'Controls' are documented against the identified Risks for Risk Mitigation, and How Risks are Prioritized in a Risk Register.
COURSE TOPICS
Understanding Concepts of Risk, Types of Risks, Loss Events, etc
Risk, Risk Incidents,
Loss Events, Adverse Impact
Strategic and Process Level Risks and Controls with Examples
Types of Enterprise Risks
Concepts of Integration of Risks with Examples
Significant and Insignificant Risks and Examples
Categories of Risks
Concepts of Inherent and Residual Risks
Risk Register Preparation
Concept of 'Departments and Functions' in Risk Register Preparation
Risk Register Preparation Practical Steps
Examples - Risk Register Preparation Practical Steps
Understanding Risk Register Format and Template
Understanding Components of Risk Register
Example Case - Cyber Attack Risk Assessment Performed in Risk Register
Risks' Marking - Understanding Key and Non-Key Risks in Risk Register
Risk Levels, Risk Assessment Methodology Matrix, and Its Application
- Understanding Risk Assessment Methodology Matrix - 5 by 5 Matrix and Its Application
- Application of 5 by 5 Risk Assessment Matrix using a 'Critical Risk' as an Example
- Preparation of Risk Register after Application of 5 by 5 Risk Assessment Matrix, to Calculate Inherent and Residual Risk Ratings
Practical Case Studies and Quiz
Case Study 1 - Cyber Security Function Risk Register Preparation
Case Study 2: Regulatory Compliance Function - Risk Register Preparation Process
Quiz - ERM and Risk Register Preparation Test
BONUS LECTURE
- You will learn, How a Compliance Officer Performs Compliance Risk Assessment, in an E-Commerce Company utilizing Artificial Intelligence Pricing and Product Models, and How the Compliance Officer develops the Compliance Risk Register for AI Use Compliance Risk Assessment
What You Will Gain / Benefits from Attending This Course:
You will learn:
Core concepts of Risks, Adverse Impacts of Risks,
Risk Categorization, Inherent Risk, Residual Risk,
Interrelationship of Risks,
Significant and Insignificant Risk,
Inherent and Residual Risk Assessments etc.,
Action / Mitigation Plan,
How to prepare the "Risk Register" using Risk Asset Criteria and Risk Matrix,
Practical Case Studies: how Risk Registers are practically prepared.
Other Benefits?
After attending this course you will be able to:
- Apply concepts of ERM and prepare Risk Registers for your company or any department
- Confidently communicate with Risk Management professionals
- Apply for Enterprise Risk Management (ERM) jobs that require the preparation of risk registers or risk matrix
- Get the certificate of the course completion
- Pursue a career progression in Risk Management or Enterprise Risk Management etc.
Who is this course for:
Enterprise Risk Management ERM and Compliance Professionals
Information System IS Security, IS Audit, IT Professionals
Business, Compliance, and Risk Management Consultants
Operational Risk Managers, Compliance Risk Managers, Cybersecurity Risk Managers
Finance, Audit, and Controls Professionals
Business owners, Chief Executive Officers (CEO), Entrepreneurs, and Executives,
CISA, CISM, Compliance, and Risk Management students and
Anyone who wants to learn the core concepts of ERM and the Risk Register preparation process.
