Introduction

Organisations operate in increasingly complex environments where uncertainty can affect strategic objectives, operational performance, and stakeholder confidence. Effective risk management requires more than frameworks and policies; it requires capable individuals who can drive consistent risk practices across the enterprise.

Risk Champion Masterclass training course develops practical expertise in ISO 31000-aligned risk management, risk ownership, governance, and enterprise-wide implementation.

This training course provides participants with a structured understanding of risk identification, assessment, prioritisation, treatment, and reporting. By strengthening risk leadership capabilities and promoting a common risk language, participants gain the skills needed to support resilience, strengthen governance, and contribute to sustainable organisational performance.

Key focus areas of this Risk Champion Masterclass training course include:

Key Learning Outcomes

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

Training Methodology

This training course combines expert-led instruction, interactive learning, group discussions, practical exercises, applied scenarios, and real-world examples. Participants strengthen their capability to lead risk management activities through hands-on application of ISO 31000-aligned tools, frameworks, and implementation approaches.

Risk Champion Masterclass

Who Should Attend?

This Risk Champion Masterclass training course is designed for:

  • Risk Managers
  • Risk Champions
  • Risk Coordinators
  • Enterprise Risk Practitioners
  • Governance Managers
  • Compliance Managers
  • Internal Control Specialists
  • Internal Auditors
  • Assurance Professionals
  • Strategy Managers
  • Performance Management Specialists
  • Business Unit Managers

Course Outline

Day 1

Risk Management Process

  • What is Risk, What is Risk Management?
  • Types of Risks, Risk Management Approaches
  • Risk Management Structure
  • The Risk Management Process (ISO 31000)
  • Establishing the Context
  • Risk Identification
Day 2

Risk Identification and Formulation

  • Risk Classification
  • External Environment
  • Internal Organization
  • Risk Assessment (Identification and Analysis) Techniques
  • Horizon Scanning
  • Information Gathering Techniques
  • Information Processing Tools
  • Risk Formulation (The Cause and Effect Relationship of Risk)
Day 3

Risk Ranking and Treatment

  • Risk Prioritization and Ranking (The Risk Ranking Matrix)
  • Risk Evaluation, Risk Vulnerability
  • Risk Appetite, Risk Tolerance and Risk Capacity
  • Risk Profile
  • Risk Treatment and Response
  • Risk Monitoring and Reviewing
  • Risk Communication, Escalation and Reporting
Day 4

Risk Control

  • Organizational Resilience and Business Continuity Planning
  • Risk Control Techniques
  • Using Key Risk Indicators (KRI’s)
  • Creation of a Risk Register
  • Risk Management Challenges
  • Risk Maturity
  • Enterprise Risk Management (ERM)
Day 5

Risk Management Implementation

  • Risk Management Framework
  • Risk Strategy
  • Risk Appetite Statement (RAS)
  • Risk Governance
  • Risk Readiness Checklist
  • Leading Practices in Risk management Implementation
  • Risk Language and Risk Management Vocabulary

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FAQs

A risk champion helps promote and support effective risk management practices across business functions. They act as a link between enterprise risk management frameworks and operational activities, helping teams identify, assess, communicate, and manage risks in a consistent and practical manner.

The training course provides participants with structured knowledge of ISO 31000 principles, risk governance, risk ownership, risk assessment methodologies, and implementation planning. Participants learn how to embed risk management into everyday processes and strengthen risk culture across the organisation.

The training course is suitable for both experienced risk professionals and individuals who have been assigned risk management responsibilities within their departments. The content provides a structured learning pathway that supports both knowledge development and practical application.

ISO 31000 serves as the foundation for understanding modern enterprise risk management principles and processes. Participants learn how to apply the framework to risk identification, assessment, treatment, monitoring, reporting, and governance activities while supporting organisational objectives and resilience.

Participants develop the ability to identify risks, formulate risk statements, conduct assessments, prioritise risk exposures, establish risk appetite considerations, maintain risk registers, and support escalation and reporting processes. These capabilities help organisations achieve greater consistency in risk management practices.

Effective risk management enables organisations to anticipate threats, respond proactively to uncertainty, and protect strategic objectives. The training course strengthens participants' ability to contribute to resilience planning, risk monitoring, business continuity efforts, and sustainable organisational performance.

GRC Academy training courses are delivered in leading international business destinations, including London, Amsterdam, and Dubai. Sessions are hosted in carefully selected four- and five-star business hotels with professional meeting facilities that support focused learning, interaction, comfort, and confidentiality.

View All Training Locations

GRC Academy provides both online and in-person options for all our training courses. Participants may join interactive virtual sessions or attend scheduled courses in major international locations, allowing them to select the option that best suits their professional commitments and availability.

GRC Academy develops customised in-house training courses that address each organisation’s strategic priorities, operational environment, and workforce capability requirements. Our team works closely with clients to tailor the course content, learning outcomes, and practical emphasis.

These tailored courses are designed to strengthen organisational capability, improve team performance, and support measurable and sustainable outcomes. For customised in-house training enquiries, please contact the GRC Academy Customer Service team at [email protected]

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