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Financial Risk Management
USD 1,050Get 10.00% off |
Venue: Nairobi
Other Dates
Venue | Date | Fee | |
---|---|---|---|
Nairobi, Kenya | 22 - 26 Apr, 2024 | USD1050 | |
Nairobi, Kenya | 08 - 12 Jul, 2024 | USD1050 | |
Nairobi, Kenya | 12 - 16 Aug, 2024 | USD1050 | |
Nairobi, Kenya | 16 - 20 Sep, 2024 | USD1050 | |
Nairobi, Kenya | 21 - 25 Oct, 2024 | USD1050 | |
Nairobi, Kenya | 09 - 13 Dec, 2024 | USD1050 |
Risk management has arguably never been more imperative than right now. Consequently, governments and businesses are faced with constant emerging risks considering rapid globalization. Fortunately, the awareness for good governance and effective risk management is on the rise. Therefore, risks need to be managed to minimize the impact and for this reason, every organization requires efficient risk management and needs to have a risk management plan most suited to the organization. This program will empower participants in developing skills to identify and evaluate risks and integrate risk management with the overall strategic plan of the organization.
PROGRAM OBJECTIVES
- Assess Risk Maturity of the organization.
- Plan Risk Management framework.
- Identify risks and opportunities.
- Perform qualitative risk analysis based on probability of occurrence and potential outcome.
- Perform quantitative risk analysis: to assess the numerical impact of risks identified.
- Plan risk responses including contingency plan to reduce overall exposure.
- Implement risk responses in accordance with the agreed plan and timeline.
- Monitor progress of implementation with proper reporting.
MODULES
Module 1: Introduction to Risk Management
- Risk defined.
- Opportunity.
- Key risks.
- Inherent risk.
- Residual risk.
- Risk appetite.
- Risk factors.
Module 2: Understanding Risk Management Framework (RMF)
- Identification.
- Measurement.
- Mitigation.
- Reporting and Monitoring.
- Governance.
Module 3: Conclude on the risk maturity
- Enabled.
- Managed.
- Defined.
- Aware.
- Naïve.
Module 4: Risk Response
- Avoidance.
- Reduction.
- Alternative.
- Share or Insure.
- Accept.
Module 5: Financial Risk Factors
- Credit Concentration.
- Market.
- Liquidity.
- Business.
Module 6: Hedging & Use of Derivatives
- Understanding Derivatives.
- Swaps.
- Futures Contracts.
- Forward Contracts.
- Stock Option.
Module 7: Risk Management in Public Sector
- Internal.
- External.
- Strategic.
- Projects Delivery.
Module 8: Guidance provided by ISO: 31000
- Principles.
- Framework.
- Process.
Module 9: Risk Management in Projects
- Scope.
- Budget.
- Clarity.
- Communication.
- Third Party Commitment.
- Scheduling.
Module 10: How risks can be managed?
- Good corporate governance.
- A diversified well-qualified board.
- A capable senior management team.
- Well-documented procedures.
- Strong internal controls.
- An independent internal audit function.
- Effective risk assessment and oversight process.
CERTIFICATION
- Upon successful completion of the training, participants will be awarded Cynet East Africa Consultancy certificate.
N/B
- Training will be facilitated by Cynet East Africa Consultancy seasoned trainers.
Nairobi | Jun 10 - 14 Jun, 2024 |
Nairobi, Kenya | 22 - 26 Apr, 2024 |
Nairobi, Kenya | 08 - 12 Jul, 2024 |
Nairobi, Kenya | 12 - 16 Aug, 2024 |
Nairobi, Kenya | 16 - 20 Sep, 2024 |
Nairobi, Kenya | 21 - 25 Oct, 2024 |
Nairobi, Kenya | 09 - 13 Dec, 2024 |
Registration: 09:00:am - 04:00:am
USD 1,050.00 | |
USD 1,050.00 | |
USD 1,050.00 | |
USD 1,050.00 |
Janet Cherono/Nancy Kemunto +254 792 972525/+254 204401089