Overview

HelloWelcome 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 OVERVIEWIn 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 TOPICSUnderstanding Concepts of Risk, Types of Risks, Loss Events, etcRisk, Risk Incidents, Loss Events, Adverse ImpactStrategic and Process Level Risks and Controls with ExamplesTypes of Enterprise RisksConcepts of Integration of Risks with ExamplesSignificant and Insignificant Risks and ExamplesCategories of RisksConcepts of Inherent and Residual RisksRisk Register PreparationConcept of 'Departments and Functions' in Risk Register PreparationRisk Register Preparation Practical StepsExamples - Risk Register Preparation Practical StepsUnderstanding Risk Register Format and TemplateUnderstanding Components of Risk RegisterExample Case - Cyber Attack Risk Assessment Performed in Risk RegisterRisks' Marking - Understanding Key and Non-Key Risks in Risk RegisterRisk 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 RatingsPractical Case Studies and QuizCase Study 1 - Cyber Security Function Risk Register PreparationCase Study 2: Regulatory Compliance Function - Risk Register Preparation ProcessQuiz - ERM and Risk Register Preparation TestBONUS 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 AssessmentWhat 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 ProfessionalsInformation System IS Security, IS Audit, IT ProfessionalsBusiness, Compliance, and Risk Management ConsultantsOperational Risk Managers, Compliance Risk Managers, Cybersecurity Risk ManagersFinance, Audit, and Controls ProfessionalsBusiness owners, Chief Executive Officers (CEO), Entrepreneurs, and Executives, CISA, CISM, Compliance, and Risk Management students andAnyone who wants to learn the core concepts of ERM and the Risk Register preparation process.

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