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All attendees of a London based course incur VAT as a part of the cost of attendance.

Euromoney Learning have partnered with VAT IT to allow you the unique opportunity to recoup the VAT incurred.

Using VAT IT's extensive experience and simple sign-up and refund process, every invoice can be turned into cash for your business.


Claim the VAT that's rightfully yours in four simple steps:

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Why choose VAT IT 

VAT IT have spent two decades identifying, researching and perfecting the foreign VAT Reclaim process and built the best back end technology in the industry. By partnering with Euromoney Learning, we can provide you with a fast and effective way to reclaim your VAT which helps reduce the cost of your training.

VAT IT will charge a percentage of the VAT refund if/when it is successful. 


Can I claim back the VAT myself?

You can claim back VAT directly from the UK Tax Authority (HMRC) by completing the following form. 
For European clients, please refer to form VAT 65
All other clients, please refer to form VAT 65A.

 

You may also be able to claim back your VAT against courses taking place outside of the UK, and we would recommend contacting VAT IT, our specialist partner, to discuss how to do this.

Course details

Dates are currently being finalised. Get in touch to find out more
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Enterprise Risk Management (ERM)

Develop an effective and practical ERM framework to manage risks
  • The Enterprise Risk Management programme is designed to equip you with the knowledge and skills required to develop and implement a successful enterprise risk management (ERM) framework. It is the ideal course for anyone looking for a solid understanding of the theory and practice of effective risk management.

    The course begins by introducing the principles and concepts of risk and risk management, drawing on several case studies to compare traditional methods with modern techniques. As the course progresses, you will examine the role of the Chief Risk Officer (CRO), the CRO’s toolkit, and practical steps to implementing ERM – including the systems software to be considered and how data should be collected and managed.

    After discussing the various challenges to ERM establishment and implementation, you will learn how to get an ERM function underway in just 6 months.

    Attend this practical 4-day course and learn:

    • How to define ERM within the firm’s strategic plan
    • Corporate governance and the role of the Board of Directors and Management
    • How to get started and actually implement ERM
    • How to establish a risk appetite and risk profile
    • How to structure and develop a sound enterprise risk management framework

    Methodology

    This course combines formal instruction with several case studies, group discussions and learning resources to reinforce key learning points and ensure the training experience is highly practical and relevant.
  • Day 1


    Introduction and Overview


    Modern Risk Management Vs Traditional Risk Management


    What is risk management?

    • Problems with the definition 
    • Traditional role of risk vis-a-vis the board and executive management

    What’s needed?


    Enterprise risk management

    • Definitions: COSO & CAS 
    • Risk as strategic-enabler 
    • Risk, EXCO and the board 

    Some ERM basics

    • Dynamic notion of risk 
    • Risk as the state of information 
    • Risk exposure types 
    • Aggregating exposure across the enterprise 
    • The risk profile 
    • Risk exposure to performance and strategy

    Aligning ERM and the Business Model


    Case discussion


    Roles and Responsibilities in ERM

    • Board oversight and the risk appetite 
    • Executive management use of ERM for navigation 
    • CRO responsibilities

    Case Exercises

    • The global petroleum case 
    • The Russian frozen-chicken case

    Homework: Home Depot Case Study

    Day 2


    Review of Day 1’s Concepts

    Group Discussion of Homework

    • Insights from the case study

    Establishing ERM: Key Ingredients

    A Risk Executive: The Chief Risk Officer

    • Establishing the Chief Risk Officer 
    • Comparing the CRO to the traditional Head of Risk

    The CRO’s Risk Function

    • Key people 
    • Tools 
    • Systems

    The ERM Process Implemented by the CRO
    • In-class exercise and discussion on the ERM process

    Homework:
    Positioning the Chief Risk Officer for Success Reading


    Day 3


    Recap of Day 2

    The CRO’s Toolkit

    VaR and Tail loss measures

    Risk adjusted performance measurement (RAPM): 

    • Various RAPM measures compared and objectives defined
      - Risk-Adjusted Return on Capital (RaROC)
      - Risk-Adjusted-Return on Risk-Adjusted Capital
      - (RaROROC) 
    • RAPM from an individual perspective 
    • RAPM from a portfolio perspective 
    • RAPM using capital allocations for market, credit and operational risks


    Examples in Excel

    • The SWOT Matrix 
    • Heat maps/risk matrices 
    • Quantifying severity and frequency 
    • Aggregation of risks 
    • Dashboards 
    • Setting the risk profile and the risk appetite with the tools

    Key Ingredients: The Board Risk Committee

    • The Risk Committee’s design and function 
    • Risk Committee Charter 
    • Ideal elements of the Risk Committee meeting

    Case Discussion: Positioning the Chief Risk Officer for Success

    Homework: Implementing ERM


    Day 4


    Discussion of Implementing ERM Homework

    • Agreeing on the business model 
    • Creating risk categories with owners and users 
    • Identification of risks in categories 
    • Develop a Standard Management Process 
    • Implement the process manually 
    • Build the ERM Knowledge warehouse

    Hurdles to ERM Establishment and Implementation

    High-level difficulties

    • Senior-management buy-in 
    • Conglomerate nightmares 
    • Merger problems/benefits 

    Technical difficulties

    • Getting model results for market, credit and operational risk to coincide 
    • Difficulties with combining model inputs 
    • Difficulties in combining model outputs

    Getting an ERM function underway in 6 months

    Concluding remarks 
  • Our Tailored Learning Offering

    Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.

    If you want to run this course at a location convenient to you or if you want a completely customised learning solution, we can help.

    We produce learning solutions that are completely unique to your business. We’ll guide you through the whole process, from the initial consultancy to evaluating the success of the full learning experience. Our learning specialists ensure you get the maximum return on your training investment.

  • We have a combined experience of over 60 years providing learning solutions to the world’s major organisations and are privileged to have contributed to their success. We view our clients as partners and focus on understanding the needs of each organisation we work with to tailor learning solutions to specific requirements.

    We are proud of our record of customer satisfaction. Here is why you should choose us to help you achieve your goals and accelerate your career:

    • Quality – our clients consistently rate our performance ‘excellent’ or ‘outstanding’. Our average overall score awarded to us by our clients is nine out of ten.
    • Track record – 10/10 of the world’s largest banks have chosen us as there training provider and we have delivered training across the largest banks and have trained over 25,000 professionals.
    • Knowledge – our 100+ strong team of industry specialist trainers are world leading financial leaders and commentators, ensuring our knowledge base is second to none.
    • Reliability – if we promise it, we deliver it. We have delivered over 25,000 events both in person and online, using simultaneous translation to delegates from over 99 countries.
    • Recognition – we are accredited by the British Accreditation Council and the CPD Certification Service. In an independent review by Feefo we scored 4.2/5 on service and 4.7/5 on Coursecheck
This course can be run as an In-house or Tailored Learning programme

Instructor

  • Maurice Ewing

    Biography

    Maurice holds a PhD, is an experienced executive, Chief Risk Officer (CRO), board member and consultant. He is the founder and CEO of Conquer Risk, a consulting firm that conducts investment due diligence of corporates and banks, specialising in emerging and frontier markets. Until recently, the instructor held the group CRO role for one of Africa's largest banks for which he developed the entire enterprise risk management (ERM) and risk oversight functions, sitting on the board and managing over 400 people within 10 departments, spanning 5 countries. He is a sought after speaker on risk oversight, strategy and corporate governance but has also trained numerous management teams in predictive analytics, market intelligence acquisition and internal model development for Basel II & Basel III purposes. He previously taught Executive-MBAs on the full-time finance faculty of the Kellogg-HKUST business program and, before that, worked as a regulator for both the New York Federal Reserve and the Board of Governors. A former dissertation advisee of Ben Bernanke, the US Federal Reserve Chairman, the instructor holds a PhD and MA in economics from Princeton University and a BA in Economics and Mathematics from Northwestern University. He was recently selected out of over 50,000 candidates to the prestigious board of the Professional Risk Manager's International Association as a Subject Matter Expert on ERM. He is also a certified Financial Risk Manager (FRM) with the Global Association of Risk Professionals.