Establishing an Effective Enterprise Risk Management Process (In-House Training)Risk Management / ChatGPT

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  • Applicable for In-House Training (Quote Upon Request)


The implementation of a formal enterprise risk management (ERM) process is not only meant to comply with corporate governance requirements. Organisations that make use of risk management as an important tool for strategic decision-making are equipping themselves with the knowledge to make efficient and well-informed business decisions—anticipating and mitigating risk, seizing opportunities, allocating limited resources more effectively and enabling better overall business performance.

This intensive 1-day programme would provide participants with detailed guidance on establishing a formal ERM process, as well as useful references on ERM frameworks and sample templates, to help participants take immediate action to strengthen the existing risk management process of their organisations.

Key Takeaways

Upon completion of this workshop, participants will be able to;

  • Understand about corporate governance and risk management compliance
  • Gain access to practical suggestions on risk management compliance
  • Learn about the different risk management maturity levels
  • Understand and define risk strategy, risk culture and risk appetite for your organisation
  • Learn about different risk management frameworks
  • Build a formal risk management process
  • Identify common risk factors
  • Conduct risk assessment
  • Formulate effective risk responses and risk reporting mechanism
  • Develop practical risk management documentation (e.g. risk management policy, risk management framework, risk register, etc.) with provided templates

Who Should Attend

Senior management, finance, risk, internal controls professionals who are tasked with the responsibility to develop or enhance the company’s risk management process or who would like to understand more about enterprise risk management.

Programme Outline

  • Corporate governance and risk management
  • Singapore Code of Corporate Governance
  • Risk management compliance
  • Typical risk management activities
  • Enterprise risk management
  • Levels of risk management maturity
  • ERM vs traditional risk management
  • Benefits of a formal ERM approach and framework
  • Establishing an ERM structure
  • Risk management strategy
  • Risk management culture
  • Risk management policy
  • Risk management roles and responsibilities
  • Implementing an ERM process
  • Risk identification (with examples of common risk factors being provided)
  • Risk assessment
  • Risk treatment
  • Risk reporting
  • Risk monitoring
  • Common challenges faced when designing and implementing an ERM process
  • Case studies discussion


Mini-lectures, group discussions, case studies sharing.

Programme Trainer

Sylvia Lim specialises in coaching, consulting and training on business risk management and fraud awareness. She has worked with the Big Four accounting firms, multinational corporations and local companies in Hong Kong and Singapore for over 10 years.

During her career with PricewaterhouseCoopers Hong Kong, Sylvia has conducted a various training programme on corporate governance, internal controls and anti-fraud to the directors of companies listed in Hong Kong. She has also been extensively involved in risk management, internal control, internal audit and Sarbanes-Oxley compliance projects in the Asia Pacific.

If you are interested in this corporate programme, please complete the following form and one of our representatives will get back to you as soon as possible.

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Quick Information

The implementation of a formal enterprise risk management (ERM) process is not only meant to comply with corporate governance requirements.

Contact Details

  +65 6842 6666