Governance of Risk Management

Introduction

Nowadays, understanding risk management and its governance is a critical component of any company, regardless of its size. This is why risk management must be an integral part of the company's overall governance.

The goal of our concentrated risk management training is to help participants realise the essential need to:

• Set the level of risk the company is prepared to take on,
• Establish its tolerance limit regarding that level of risk,
• Identify the different types of risk (credit, market, liquidity, operational, reputational or strategic) and their causes,
• Implement adequate risk management policies.

To achieve this, with the help of practical case studies, the emphasis will be placed placed on the importance and necessity of involving all company personnel (sometimes including clients and suppliers) in the detection, assessment, and management of risk to boost its effectiveness and performance.

Target audience

This training is designed for senior executives, board members, financial managers, and risk managers who want to establish a proactive and strategic risk culture within their organisations. It is taught in person in Luxembourg.

Objectives

Our programme aims to provide you with the necessary skills to manage risks in an informed way, and to foster the implementation of a risk management culture within your company.

At the end of the training, you will be able to:

• Identify and prioritise risks → Separate critical threats from minor hazards.
• Establish a governance framework → Structure responsibilities and the decision-making chain.
• Integrate risk into strategy → Link risks, performance, and long-term objectives.
• Build organisational resilience → Strengthen your company's ability to adapt during crises.

Why should you register ?

By joining the Governance of risk management course, you will:

• Strengthen your organisation's resilience.
• Secure your strategic choices by embedding risk in every decision.
• Develop a clear, global view of risk management.
• Influence your stakeholders with clear, data-driven, and credible discourse.
• Transform uncertainties into levers for competitiveness.
• Build long-term value by protecting your assets, reputation, and teams.
• Boost performance through a strategic and integrated approach to risk.
• Prevent expensive crises by establishing solid governance frameworks.

For this training session :

Guest Speaker : Sébastien Jungen

• Founder and Managing Director of Bamolux
• Vice-President of the Mouvement Luxembourgeois pour la Qualité et l'Excellence (MLQE)
• Member of the advisory board of pairtopair