Description
Examines ERM program dimensions, standard components, purposes and benefits, and the concepts of risk tolerance and escalation. Explains pre-ERM and post-ERM limit structures and measures and various frameworks that institutions and professional organizations have developed.
What You’ll Learn
After successfully completing the course, you will be able to:
- Describe the importance and evolution of enterprise-wide risk management
- Identify the five purposes of an ERM program
- Compare pre-ERM era and post-ERM era limit structures and measures
- Identify the key components of an effective ERM program