Introduction

The Enterprise Risk Management (ERM) – Riyadh course is designed for professionals who aim to embed risk management into organisational strategy and decision-making. This intensive training equips participants with the frameworks, tools, and practical insights needed to identify, assess, mitigate, and monitor risks across all organisational functions.

ERM is no longer a compliance requirement—it’s a strategic capability. Organisations in Saudi Arabia and the Gulf region face evolving risks from regulatory changes, mega-project execution, digital transformation, and market volatility. This course ensures professionals can proactively manage risk while strengthening governance, resilience, and business performance.

Key focus areas include:

Key Learning Outcomes

At the end of this training course, participants will be able to:

Training Methodology

This training course uses a structured and practical learning approach supported by applied exercises, case studies, and scenario-based discussions. Participants engage with real-world examples relevant to Saudi organisations, apply risk assessment techniques, and develop reporting and monitoring frameworks. The course emphasises practical implementation to ensure participants can strengthen enterprise risk management capabilities within their organisations.

Enterprise Risk Management (ERM) – Riyadh Edition

Who Should Attend?

This training course will greatly benefit:

  • Risk managers and analysts
  • Compliance and internal audit professionals
  • Strategy, project, and operational managers
  • Governance and corporate affairs teams
  • Professionals responsible for organisational risk and control frameworks

Course Outline

Day 1

Foundations of Enterprise Risk Management

  • Introduction to ERM principles and benefits
  • Risk taxonomy and classification (operational, strategic, financial)
  • Global ERM frameworks: COSO & ISO 31000
  • Risk appetite and tolerance setting
  • Workshop: Assessing organisational risk maturity
Day 2

Risk Identification & Assessment

  • Techniques for identifying risks across the organisation
  • Qualitative and quantitative risk assessment methods
  • Scenario planning and risk heat maps
  • Prioritisation and risk ranking
  • Exercise: Mapping organisational risk exposures
Day 3

Risk Response & Mitigation Strategies

  • Risk treatment strategies: avoid, mitigate, transfer, accept
  • Controls and assurance mechanisms
  • Integration with governance and compliance
  • Crisis management and business continuity
  • Case Study: Risk response planning for Saudi organisations
Day 4

Risk Monitoring, Reporting & Technology

  • Developing Key Risk Indicators (KRIs)
  • Designing risk dashboards and reporting structures
  • Using digital tools and analytics for continuous risk monitoring
  • Linking risk reporting with strategic decision-making
  • Simulation: Creating an enterprise risk reporting system
Day 5

Embedding ERM Culture & Strategic Integration

  • Building a risk-aware organisational culture
  • Communication strategies for risk reporting and escalation
  • Measuring ERM effectiveness and performance
  • Emerging trends in ERM for Saudi organisations
  • Capstone Project: ERM implementation roadmap

International Standards & Professional Alignment

Our training courses are aligned with internationally recognised professional standards and frameworks across leadership, strategy, finance, governance, risk, compliance, and audit. By integrating globally trusted models, we ensure learners develop practical, relevant, and industry-recognised capabilities.

Our trainings draw on leading international standards and professional frameworks, including ISO, ISACA, COSO, OECD, IIA, FATF, Basel, IFRS/ISSB, GRI, NIST, CPD, ILM and the OECD AI Principles. This alignment ensures consistency with global best practices across financial management, risk oversight, digital governance, sustainability, and strategic decision-making..

Designed in alignment with globally recognised professional bodies, our courses support continuous professional development, strengthen organisational capability, and provide clear pathways toward professional certifications valued worldwide.

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