Description
In today’s world of evolving technologies and an ever changing business environment, organizations are taking on increasing levels of risk. Some risks may be known and understood, other may be known but not properly understood and there will also be some risks that are unknown.
Having the right processes in place is a way forward to avoid unknowns and ensure a proper understanding on risk. On paper, this may sound easy to implement and manage. In practice, it requires a cultural shift for people to take risk-based decision based to ensure organisation can meet the strategic objective set.
This course covers the basic concepts of Enterprise Risk Management.
Course Topics
Learning Objectives
Gain a practical understanding of the roles, responsibilities and ultimate aim of Enterprise Risk Management and how, if properly implemented and managed, can help an organisation reach its strategic objectives.
Target Audience
Assessment Questions and Answers
In line with MFSA requirements, a short multiple-choice assessment will be provided by the trainer towards the end of the session. A Certificate of Attendance will be awarded to all students who attend the CPD (duration will be included on certificate). A Certificate of Achievement will be awarded to those who sit for the assessment and are successful (pass mark 60%).
Stefan Lia, ACII, BA (Hons), MSc, CRISC currently Heads the Governance, Risk and Compliance Function at Betsson Group. His responsibilities include coordinating internal audit, managing the group insurance program, designing, implementing and managing risk management and governance processes and acting as advisor to operational management on various matters.
Stefan started his career working with a Maltese insurer where he was responsible for Commercial Insurance underwriting. This was followed by a stint at the MFSA where he spent over four years as part of the Consumer Complaints Unit. Prior to joining Betsson in his current role, he was part of the team Risk Advisory at Deloitte Malta.
Stefan holds an Advanced Diploma in Insurance from the Chartered Insurance Institute, a BA Hons in Financial Services from University of Edinburgh Napier and MSc in Risk Management from Glasgow Caledonian University and is certified in Risk and Information System Controls by ISACA.
