FoRM 7: Risk Monitoring Course

Risk monitoring is within the broader ecosystem of the risk management process.

It involves maintaining continuous awareness of an organisation's risk environment as well as its risk management programme and associated activities to support risk decisions.

Our Risk Monitoring course will help you understand the importance of monitoring risk and implementing a risk and control monitoring programme.

About this Course

Available as part of our Risk Management Library.

Learning objectives

Understand the importance of risk monitoring within the context of the Management of Risk (MoR) framework
Distinguish between periodic and continuous risk monitoring
Understand why continuous risk monitoring is essential and the benefits it provides to our Company
Implement a risk and control monitoring programme
Identify risk and control monitoring programme implementation challenges
Understand how the three lines of defence responsibilities in relation to risk monitoring

Course Contents

Welcome

- Learning objectives
- How to complete this course

What is risk monitoring?

The Management of Risk (MoR) framework

- How does a company monitor risks & controls?

What is continuous risk monitoring?

- Scenario: using technology for continuous monitoring
- The right way to do continuous monitoring
- Current content: Why continuous risk monitoring is essential

What are the benefits of continuous risk & control monitoring?

How to implement a risk & control monitoring programme

- Implementing a risk & control monitoring programme: True or false?

What do the regulators say about risk & control monitoring?

Risk & control monitoring programme implementation challenges

- Tackling risk monitoring programme implementation challenges

The Three Lines of Defence & how they support risk monitoring

- You decide: The roles of the three lines of defence in risk monitoring

Summary

Affirmation

Assessment

Course Specifications

Structure

Approximately 40-minute long e-learning course followed by a 10-question assessment.

Audience

Suitable for all staff - examples and interactivities designed for staff at all levels. No previous knowledge or experience is required.

Design

SHARD-compliant, responsive display on all devices, accessibility on screen readers, visual design controlled via a client style sheet.

Compatibility

All Windows, Mac OSX, iOS, Android (Flash-free for mobile compatibility). AICC and SCORM 1.2-compliant, suitable for both hosted and deployed SCORM or AICC.