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Enterprise Risk Management Fundamentals

Learn fundamental principles of Enterprise Risk Management (ERM) to effectively manage organizational risks and improve strategic planning and performance.

Learn fundamental principles of Enterprise Risk Management (ERM) to effectively manage organizational risks and improve strategic planning and performance.

This comprehensive course provides essential knowledge of modern Enterprise Risk Management (ERM) practices. Learn to manage various enterprise risks including compliance, IT, HR, finance, and project-related challenges in a systematic way. The course emphasizes holistic risk management approaches that inform strategic planning and organizational performance. You'll discover how to identify, assess, and mitigate significant risks while potentially converting them into opportunities. The program includes practical ERM tools, methodologies, and templates for immediate implementation. This collaborative initiative, developed by leading international organizations including CIAT, IOTA, IMF, and OECD, ensures a global perspective on risk management best practices.

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Enterprise Risk Management Fundamentals

This course includes

1 Week

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,124

What you'll learn

  • Define enterprise risk management and its benefits for organizations

  • Understand the strategic importance of ERM in organizational success

  • Master the enterprise risk management framework and processes

  • Implement effective organizational and governance arrangements for ERM

  • Understand leadership roles in enterprise risk management

  • Identify key challenges and success factors in ERM implementation

Skills you'll gain

Enterprise Risk Management
Strategic Planning
Risk Assessment
Compliance Management
Organizational Performance
Risk Mitigation
Tax Administration
Strategic Management

This course includes:

PreRecorded video

Graded assignments, exams

Access on Mobile, Tablet, Desktop

Limited Access access

Shareable certificate

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Top companies offer this course to their employees

Top companies provide this course to enhance their employees' skills, ensuring they excel in handling complex projects and drive organizational success.

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Module Description

This course offers a comprehensive introduction to Enterprise Risk Management (ERM), focusing on modern best practices and practical implementation. The curriculum covers fundamental concepts of ERM, its strategic importance in organizational success, and systematic approaches to managing various types of enterprise risks. Participants learn about risk assessment frameworks, governance structures, and critical success factors for implementing ERM. The course emphasizes practical application through tools, methodologies, and templates, making it valuable for professionals seeking to enhance their organization's risk management capabilities.

Fee Structure

Instructors

Accomplished Risk Management Expert and Public Service Leader

Thomas Brandt is a distinguished risk management expert currently serving as an IMF Revenue Administration Expert at The International Monetary Fund, building upon his extensive career in federal service. As the Chief Risk Officer and Director of Planning and Risk at the Federal Retirement Thrift Investment Board, he brings nearly three decades of public sector experience. His notable tenure as CRO at the Internal Revenue Service led to the agency's Enterprise Risk Management Program receiving the prestigious 2021 RIMS Global ERM Award of Distinction. Brandt's international experience includes heading the Tax Administration Unit at the OECD in Paris, where he led the Forum on Tax Administration and later founded and chaired the OECD's Enterprise Risk Management Community of Interest. His exceptional contributions to public administration earned him recognition as a Fellow of the National Academy of Public Administration in 2021. Brandt's leadership extended to serving on the Board of Directors for the Association for Federal Enterprise Risk Management, including a term as President in 2019. Throughout his career, he has shared his expertise globally, providing tax administration advisory and capacity building assistance to numerous tax administrations through IMF and OECD projects, establishing himself as a leading authority in enterprise risk management and tax administration.

Seasoned Financial and Risk Management Expert with Global Advisory Impact

Brian Philbin is a distinguished IMF Revenue Administration Expert at The International Monetary Fund, bringing over 40 years of comprehensive experience in enterprise risk management, financial management, audit, evaluation, and operations across public and private sectors. His illustrious career includes serving as the Chief Audit Executive and Chief Risk Officer at the Canada Revenue Agency from 2010 to 2022, where he led internal audit, program evaluation, and enterprise risk management functions while providing strategic advice to leadership. His private sector experience spans 20 years in executive roles including Treasurer, Chief Financial Officer, Chief Operating Officer, and General Manager across financial services, technology, transportation, and manufacturing industries. As a respected thought leader, Philbin has co-authored research papers on Enterprise Risk Management published by the Conference Board of Canada, The Society of Actuaries, and the OECD, while providing advisory assistance to public sector organizations throughout the Americas, Far East, and Europe. His expertise is further validated by his fellowship in the Quebec Order of Chartered Professional Accountants and his Bachelor of Business Administration from the University of Montreal, making him a highly regarded figure in global financial and risk management circles. Beyond his full-time positions, he spent six years as a management consultant, offering diverse services to both private and public sector clients, demonstrating his versatility and comprehensive understanding of organizational risk and financial management.

Enterprise Risk Management Fundamentals

This course includes

1 Week

Of Self-paced video lessons

Beginner Level

Completion Certificate

awarded on course completion

2,124

Testimonials

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Frequently asked questions

Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.