Microlearning
Why Banks Have Risk Management Frameworks
Develop your understanding of risk management frameworks and how these add value to a bank’s business.
Course Overview
This microlearning course provides an overview of a bank’s requirement to develop and maintain a risk management framework and associated processes to effectively manage risk.
The course explains the commonly used three lines of defence framework utilised by banks and the activities undertaken to meet industry standards and regulatory obligations.
Who is this for?
This course is suitable for banking and allied professionals. It is designed to provide critical knowledge to help you understand risk management frameworks.
What do I get when I finish the course?
You’ll be eligible for a digital badge, issued by FINSIA and Credly. This badge can be shared across your online platforms.
For further details, click here.
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What you will learn
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Define the terms risk and risk management.
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Explain how risk management protects and adds value to the bank’s business.
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Describe the “Three Lines of Defence” model to manage risks.
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Classify risk using a risk management matrix.
Course Structure
The course material is presented online to give you maximum flexibility – study when and where it suits your schedule. Access to the content is available for 3 months.
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