Risk Champion Masterclass

Risk Management for Risk Champions Masterclass

The Comprehensive ISO 31000 Process Programme

Mastering the Risk Management Process, End to End

|
Platform:
Online
In-class
Revised and Updated: 02 October 2026
Date Venue Duration
02 - 06 November 2026 Sandton, Gauteng 5 Days
07 - 11 December 2026 Sandton, Gauteng 5 Days
25 - 29 January 2027 Sandton, Gauteng 5 Days
22 - 26 February 2027 Sandton, Gauteng 5 Days
05 - 09 April 2027 Sandton, Gauteng 5 Days

Course Introduction

Every organisation depends on risk champions who can move an ISO 31000-based risk management process from paper to practice — and do it well enough that risk owners in the business units and supportive assurance functions (internal control, compliance, risk, and internal audit) all understand exactly where their responsibilities begin and end. This five-day masterclass builds that capability from the ground up: the full risk management process, from establishing context and identifying risk through to ranking, treatment, control, and implementation.

 

You’ll work through comprehensive lectures on each stage of the ISO 31000 process, paired with practical workshops that put the theory to work — building risk registers, designing risk ranking matrices, drafting a Risk Appetite Statement, and stress-testing your organisation’s risk readiness. By the end, you’ll have both the technical grounding and the practical tools to drive Enterprise Risk Management forward across your organisation, whatever seat you sit in.

Highlights

  • Risk Management and the Risk Management Process
  • Risk Identification and Formulation
  • Risk Ranking and Treatment
  • Risk Control
  • Risk Management Implementation
  • Risk Language and Risk Management Vocabulary

Course Objectives

By the end of this Risk Champion Masterclass training course, participants will be able to:
 
  • Understand the definitions of key risk and risk management terms
  • Explore the different stages of the risk management process
  • Apply tools and techniques for risk identification and formulation
  • Study risk ranking and risk treatment procedures
  • Learn about risk appetite and risk tolerance
  • Apply risk escalation and reporting procedures
  • Understand the Enterprise Risk Management (ERM) model
  • Discuss risk management implementation planning, including AI-assisted approaches to risk monitoring and reporting

Who should attend?

  • Risk Champions
  • Chief Risk / Compliance Officers
  • Chief Internal Audit
  • Risk / Compliance Managers
  • Risk / Compliance Officers
  • Business Unit Heads
  • Function / Department Heads
  • Risk Management Function
  • Internal Audit Function
  • Internal Control Function
Audit, Risk and Governance courses

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

Day 1: Risk Management Process
  • What is risk, and what is risk management?
  • Types of risks and 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 and internal organisation
  • Risk assessment (identification and analysis) techniques
  • Horizon scanning; information gathering and processing tools
  • Risk formulation: the cause-and-effect relationship of risk

Day 3: Risk Ranking and Treatment
  • Risk prioritisation and ranking (the risk ranking matrix)
  • Risk evaluation and risk vulnerability
  • Risk appetite, risk tolerance, and risk capacity; risk profile
  • Risk treatment and response; monitoring and reviewing
  • Risk communication, escalation, and reporting

Day 4: Risk Control
  • Organisational resilience and business continuity planning
  • Risk control techniques; using Key Risk Indicators (KRIs)
  • Creating a risk register
  • Risk management challenges and risk maturity
  • Enterprise Risk Management (ERM)

Day 5: Risk Management Implementation
  • Risk management framework and risk strategy
  • The Risk Appetite Statement (RAS) and risk governance
  • The risk readiness checklist
  • Leading practices in risk management implementation, including AI-assisted monitoring and reporting tools
  • Risk language and risk management vocabulary

Course Categories

Get a Quote Banner Outline

Request a Call Back

Your submission has been successful

Please check your email for confirmation

Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

Central Bank of Lesotho

Fraud Risk Management

The Fraud Risk Management training was clear, practical, and very relevant to day-to-day work. Content was well structured and the real world case studies made concepts easy to apply. Presenter knowledge and engagement kept the session interactive. Overall a valuable program that strengthened my understanding of fraud detection, prevention, and regulatory requirements.

Central Bank of Lesotho

Fraud Risk Management

The facilitator was exceptionally good, approachable eloquent and was able to structure the course content to relate to our specific work designations, it was just perfect service delivery

Central Bank of Lesotho

Fraud Risk Management

Keep up the good work which I experienced during my training being training materials offered and great hospitality we received from all the staff members

Centenary Rural Development Group Ltd

Risk Management for Risk champions

Very informative course with good content and benchmarks of key players in South Africa. We are able to agree a plan on how to build an enterprise risk management framework for a developing group of companies. Several references to guide us and experienced Facilitators

GEMS

Auditing the ESG Process Masterclass

Very happy with the training. It was excellently delivered and comprehensively covered all critical aspects of ESG and effectively contextualised them within the environments of our respective organisations.

North West Gambling Board

Risk Management in the Public Sector

The course was eye opening and exceeded my expectations.

FAQs – Risk Management for Risk Champions Masterclass

Master risk management as a designated risk champion, learning the complete ISO 31000 framework, risk identification, risk appetite formulation, and enterprise risk implementation to drive organizational resilience.

What is covered in the Risk Management for Risk Champions Masterclass?
The masterclass covers the role of Risk Champions in driving risk culture, conducting operational risk assessments, maintaining business unit risk registers, key risk indicator (KRI) tracking, risk reporting protocols, and bridging the gap between business units and the central Risk Department.
Who should attend this Risk Champions Masterclass?
This course is tailored for designated Risk Champions, operational managers, departmental heads, compliance focal points, business unit risk coordinators, and process owners responsible for embedding risk management into day-to-day operations.
How does this course empower Risk Champions to identify and assess operational risks?
Delegates learn practical, hands-on techniques for facilitating risk identification workshops within their departments, scoring likelihood and impact, identifying key root causes, and assigning clear control ownership.
Will delegates learn how to build and update departmental Risk Registers?
Yes. The training provides practical frameworks for building, updating, and reviewing active departmental risk registers, ensuring risk profiles remain dynamic, accurate, and aligned with organizational risk taxonomies.
Does the masterclass address fostering a risk-aware culture across business units?
Yes. The curriculum focuses on soft skills and change management techniques required to overcome employee resistance, promote transparent risk reporting, and embed risk awareness into daily decision-making processes.
Why is a trained network of Risk Champions critical for enterprise risk management?
Establishing a well-trained network of Risk Champions decentralizes risk oversight, ensures real-time operational risk intelligence, improves control execution, and reinforces a strong, proactive risk culture across the organization.

Related Courses

Your submission has been successful

Please check your email for confirmation