Summary

The purpose of this course is to provide an overview of the principles of effective risk management culture as applied to the financial services industry. The programme examines the key characteristics of an effective risk culture, the role of leadership in risk culture and the mechanisms for implementing an effective risk culture. Key case studies are examined, and best practice strategies are identified.

This course is one of several courses within the Professional Certificate in Risk Management. If you wish to achieve this award, you must complete this course along with all other mandatory courses in the associated learning plan.

Audience

Designed for C-Suite executives in financial services, including CEOs, Chief Risk Officers (CROs), Chief Compliance Officers (CCOs) and Board members including NEDs. Also aspiring executives and senior managers.

Course Objectives

• Understand the principles of an effective risk management culture within financial services

• Recognise the critical role of leadership in fostering risk-aware decision-making

• Learn how to integrate risk management into corporate strategy and governance

• Identify the key elements of an organisational risk culture, including accountability, communication, and training

• Analyse case studies where weak or ineffective risk cultures led to regulatory failures, financial losses, or reputational damage

• Develop strategies to create, implement, and sustain a proactive risk management culture

• Assess risk culture metrics and continuous improvement strategies

Course Structure

• Section 1: Understanding Organisational Risk Culture

• Section 2: The Role of Leadership in Risk Culture

• Section 3: Implementing an Effective Risk Culture

• Section 4: Case studies of Risk Culture Failures and Successes

• Summary

• Knowledge Evaluation

Duration & CPD Hours

This course should take you between 60 and 90 minutes, depending on your pace of learning. Additionally, this course is accredited by The CPD Certification Service and carries 1.5 CPD hours.