AGRC Level 3 Certificate in Risk Management

The AGRC Certificate in Risk Management is a comprehensive programme aimed at providing participants with a deep understanding of risk and risk management within the financial services sector. This course covers a wide array of topics, including the regulatory environment, risk identification, and the three lines of defence model.

By the end of the program, participants will be equipped with the knowledge and practical skills required to navigate the intricacies of financial risk management. Whether you’re a student, professional, or simply interested in financial risk management, this course offers a solid foundation in this critical field.

The expected learning outcomes encompass an array of skills, from understanding risk principles to conducting risk assessments and applying risk management frameworks in practical scenarios. This program is a valuable educational journey for those seeking to excel in the dynamic world of financial services.

By acquiring the Certificate, participants are expected to be able to:

• Understand the fundamental principles of risk management in the context of financial services.
• Identify and differentiate between various types of financial institutions and their roles within the sector.
• Analyse the direct and indirect impacts of risk on financial services, including real-world examples.
• Examine the regulatory landscape in financial services, including key regulations and their implications for risk management.
• Establish a comprehensive risk management framework, including defining risk appetite and roles and responsibilities.
• Compare and contrast different approaches to identify, assess, and treat risks in financial services, such as ISO 31000 and COSO ERM.
• Comprehend the “Three Lines of Defence” model and its significance in safeguarding against risks.
• Apply a risk management framework in practical scenarios, including risk identification, assessment, treatment, monitoring, and review.
• Identify and analyse various sources of risk within the financial services sector, including market, credit, operational, and regulatory risks.
• Conduct risk assessments for specific risk types and understand the evaluation and mitigation of these risks, especially in the context of life and non-life insurance companies.