Certified Strategic Risk Management Professional

Description

Overview

The Certified Strategic Risk Management Professional (CSRMP) training program equips professionals with advanced skills to identify, assess, and mitigate strategic risks that impact organizational resilience and performance. This course integrates risk management frameworks, enterprise risk management (ERM), and strategic decision-making to align risk with business objectives.

Objectives

By the end of this program, participants will:

1. Understand strategic risk management frameworks (COSO ERM, ISO 31000, etc.).

2. Learn to identify and prioritize strategic risks (market, operational, geopolitical, technological).

3. Develop risk mitigation strategies that align with business goals.

4. Gain expertise in risk quantification and scenario analysis.

5. Implement risk governance and reporting structures for executive decision-making.

Agenda

Module 1: Foundations of Strategic Risk Management

• Definition and importance of strategic risk management

• Differences between strategic, operational, and financial risks

• Key standards & frameworks (COSO ERM, ISO 31000, Basel III)

Module 2: Risk Identification & Assessment

• Techniques for identifying strategic risks (SWOT, PESTLE, risk heat maps)

• Risk appetite vs. risk tolerance

• Qualitative vs. quantitative risk assessment

Module 3: Strategic Risk Analysis & Quantification

• Scenario planning & stress testing

• Monte Carlo simulations & predictive modeling

• Key Risk Indicators (KRIs) and dashboards

Module 4: Risk Mitigation & Response Strategies

• Risk treatment options (avoidance, reduction, transfer, acceptance)

• Business continuity & crisis management planning

• Integrating risk into strategic decision-making

Module 5: Risk Governance & Culture

• Roles of the Board, CRO, and risk committees

• Building a risk-aware culture

• Regulatory compliance and reporting (e.g., SEC, FSB, DORA)

Module 6: Emerging Risks & Future Trends

• Geopolitical risks, cyber threats, and AI-driven risks

• Climate-related financial risks (TCFD, CSRD)

• Case studies of strategic risk failures & successes

Key Takeaways

✔ A structured approach to identifying and managing strategic risks.
✔ Hands-on experience with risk modeling and scenario analysis.
✔ Best practices for integrating risk management into corporate strategy.
✔ Access to risk assessment templates, frameworks, and tools.
✔ A globally recognized certification in strategic risk management.

Outcome & Certification

Upon successful completion, participants will:

• Earn the Certified Strategic Risk Management Professional (CSRMP) credential.

• Be equipped to lead risk management initiatives at an enterprise level.

• Enhance career prospects in risk management, consulting, and executive leadership.

Who Should Attend?

• Chief Risk Officers (CROs) & Risk Managers

• Corporate Strategists & Business Leaders

• Finance & Audit Professionals

• Compliance & Governance Specialists

• Consultants & Advisors

Duration: 3 Days