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Protecht Academy

Risk management for Line 1.

How Line 1 staff can excel in their role and contribute to effective risk management.

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In this course, David Tattam, Chief Research and Content Officer at Protecht, covers essential risk management concepts and provides practical training on how Line 1 can excel in their role and contribute to effective risk management.

For risk management to be effective, it needs to be embedded as part of day-to-day activities - not something separate.

In this training we cover the role of Line 1 in risk management, what 'Line 1' really means, the key risk management processes Line 1 may be involved in, and the skills and behaviours required to achieve organisational objectives.

 

Course description

In this course, you'll learn:

1. Defining Your Role as Line 1

  • An overview of the 3 Lines model
  • Introduction to risk and objectives
  • Introduction to roles and responsibilities
  • Everyone as a risk manager
  • Risk and control ownership

2. Why do we need risk management?

  • Perceptions of risk and risk management
  • Definitions of risks
  • The main types of risks
  • Risk management as an enabler

3. Objectives of Risk Management

  • Protection
  • Pursue opportunities
  • Make better decisions
  • A practical example
  • What’s in it for you?

4. Understanding Risk

  • Components of risks
  • Introduction to risk bow ties

5. Understanding Controls

  • Definition of controls
  • Types of controls
  • How controls modify risk

6. How to Manage Risks

  • Informal risk management
  • Formal risk management
  • Key risk processes: 
    • Risk and control self-assessment
    • Risk metrics
    • Incident Management
    • Risk Treatment
    • Controls Assurance
    • Compliance Management
    • The definition of risk and objectives
  • Introduction to roles and responsibilities
  • Everyone as a risk manager
  • Risk and control ownership

7. When Do We Manage Risks

  • Effect of risk velocity on risk management cadence
  • Integrating risk into day-to-day activities
  • Essential Line 1 Skills & Behaviours
  • Key Skills of Line 1
  • Desirable risk behaviours

 

Course expectations

  • Watch 23 videos
  • Answer 5 knowledge questions
  • 1 x Interactive example
  • Answer 10 quiz questions
  • Watch 27 videos

 

Timings

  • 3 hours of video content
  • 3.5-4 hours for the whole course

 

Cost

  • US$300 payable by credit card on registration

 

Next steps

You can purchase this course on-demand via Protecht Academy by credit card.

This course has been approved by the International Institute of Risk and Safety Management for the period covering March 2024 - September 2025. Find out more about the IIRSM.

Please contact Protecht directly if you would like to discuss packages to implement this training across your organisation. Bulk discounts are available and packages can be invoiced in your local currency.

 

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Our trainers

David Tattam

Chief Research and Content Officer

David Tattam is the Chief Research & Content Officer and co-founder of the Protecht Group. David's vision is to redefine the way the world thinks about risk and to develop risk management to its rightful place as being a key driver of value creation in each of Protecht's customers.

David is the driving force in taking Protecht's risk thinking to the frontiers of what is possible in risk management and to support the uplift of people risk capability through training and content.

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Michael Howell

Research and Content Lead

Michael Howell is Protecht's Research and Content Lead. He is passionate about the field of risk management and related disciplines, with a focus on helping organisations succeed using a ‘decisions eyes wide open’ approach.

Michael is a Certified Practicing Risk Manager whose curiosity drives his approach to challenge the status quo and look for innovative solutions.

 

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