Summary

In today’s dynamic financial landscape, the role of the board of directors is more critical than ever. As stewards of governance and strategic oversight, board members must possess a clear understanding of their responsibilities – particularly as they relate to risk management and long-term organisational resilience.

The programme examines the core duties of the board director and the importance of effective board governance. The board sets the strategic direction of the organisation, ensuring regulatory compliance, overseeing financial performance and maintaining accountability frameworks. Critically, the board must also cultivate a culture of integrity and transparency, fostering ethical decision-making at all levels of the organisation.

The course looks at the regulatory rules and guidelines set down by regulatory bodies, the risks involved with governance failures and a series of real-life case studies that provide industry best practice templates.

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 core responsibilities of board directors in financial services

• Identify regulatory expectations and governance frameworks for effective board oversight

• Recognise the key risks associated with board governance failures

• Learn how corporate culture and ethical leadership impact board decision-making

• Analyse case studies where board failures led to financial crises, regulatory penalties, and reputational damage

• Develop strategies to strengthen board governance, oversight, and risk management

• Implement practical tools to assess board effectiveness and mitigate governance risks

Course Structure

• Section 1: Understanding the Role of Board Directors

• Section 2: Key Types of Risks of Board Governance Failures

• Section 3: Case Studies of Board Failures and Lessons Learned

• 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.