Developing a Risk Mindset

The Developing a Risk Mindset programme is designed to deliver a broad understanding of the core concepts and mechanics of key risk areas, and drive awareness of how these risks relate to one another and can impact job roles.

About the programme

In the finance sector, risk management has changed significantly over the past decade. To help organisations manage risk, all frontline staff must be trained to be an effective first line of defence.

Taking risk is vital for businesses to expand and grow, but failure to manage risk can have severe consequences. The aim of risk management is not to eliminate risk but to reduce it to an acceptable level. A well-implemented risk framework should be built on sound principles developed from past experiences. Risk management is fundamental to the day-to-day activities and long-term survival of banks.

Why study this programme

This programme is open to those who currently work in a bank or financial institution and are interested in getting into a risk related role or increasing their awareness of risk.

The programme is designed for frontline, client-facing staff that act as an organisation’s first line of defence in risk management. They are responsible for understanding their roles and responsibilities in identifying risk and carrying them out responsibly.

During this short course you will explore what risk is and why banks take certain risks. You’ll understand the difference between risk and uncertainty before exploring what can happen if banks don’t manage the risks they take.