Understand how an individual’s role contributes to an effective risk culture that supports broader bank strategy. Gain insights into how critical decisions can be made within a bank’s risk appetite.
Additionally, you will explore the types of risks that arise in banking, the trends that are shaping emerging risks and their implications.
By the end of this course, you will be able to:
- Explain the general principles of risk and risk management in banking and differentiate between the types of risk that arise.
- Describe the purpose of a range of legal and regulatory principles and frameworks that apply to banking and the ways these influence how banks operate and manage risk.
- Describe a range of risks that banks are exposed to and explain the ways in which these risks can be identified, treated and monitored in order to mitigate the risk.
- Describe the purpose, benefits and limitations of a range of business and regulatory risk models used in banking.
- Describe the frameworks, processes and tools used to monitor and control risk in banking.
- Explain what is meant by risk culture, the ways in which it influences the effective management of risk and how applying best practice in risk management can help banks build and embed a sound risk culture across the organisation.
Total Program Fee
For further information or to arrange a call with a FINSIA Relationship Manager, please email [email protected].
Who is this for?
This program is suitable for people working in banking who would like to expand their knowledge of risk management.
There are no entry requirements for the Certificate in Risk Management for Banking although it would be useful to have some understanding of risk concepts.
What’s Included
FINSIA Membership
For new members, a 12-month Student Membership is included in the enrolment fee. Being a FINSIA member enables you to build your professional profile through networking events and access relevant content to reinforce your study.
Learning Material
To cater for all learning styles you can access the Certificate in Risk Management for Banking via eLearning or PDF.
Practice Assessments
Check your understanding with knowledge checks at the end of each chapter.
A practice assessment is available to help you prepare for the final assessment.
Final Assessment
To successfully complete the Certificate in Risk Management for Banking module there is a final assessment. This is a 90-question multiple choice assessment that is delivered online. There is a pass mark of 60% for the program. Module fee includes one attempt at an assessment. (Assessment resit fee of $165 will apply).
Internationally recognised
Internationally recognised module for the Certified Professional Banker qualification.
Online flexibility
All modules delivered online which means you can start anytime and complete it at your own pace in your own time.
Chartered Banker Institute (UK) accredited
The only body in the world able to confer Chartered Banker status.
Made for Australia
Developed for Australian Market by FINSIA in close consultation with senior industry practitioners.
Course Duration
Course duration with your enrolment is valid for 12 months.
What do I get when I complete the course?
A certificate for the Certificate in Risk Management for Banking module.
The Certificate in Risk Management for Banking also contributes towards the Certified Professional Banker qualification as an elective module.
Elana Rubin SF FIN
“For me, FINSIA represents a community of people committed to professionalism in their endeavours,”
“Financial services is incredibly important. It's important to individuals. It's important to the wellbeing of business. It's important to the economy and the community.
“So being part of an organisation that's committed to continuous development, improvement and the higher standards of professionalism, is something that I support.”
Matt Baxby SF FIN
“It served me really well as my career developed in the financial services sector. That’s the important role FINSIA has to play - the professionalisation of banking.”
Malini Raj SF FIN
“FINSIA has been an invaluable foundation and platform for my career in the finance industry.
“Without FINSIA I wouldn't have had the exposure, the experiences, the mentors, the guidance, the additional intangible value add that's helped me and my career development.”