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In collaboration with Transcendent group

Risk and controls self assessment. How to maximise value from your risk assessments.

On-demand webinar

"Risk Management is a Culture, not a Cult. It only works if everyone lives it, not if its practiced by a few high priests." - Tom Wilson

Carrying out a periodic health check on your business, through the conduct of Risk and Controls Self Assessments (RCSA) is one of the fundamental elements of good risk management. There is however, a big difference between a strong and a weak  assessment.

Join us for a practical look at the keys to great assessments and equally the pitfalls to look out for.

Presenters

David Tattam

Chief Research and Content Officer, Protecht

Alf Åkerman

Senior GRC Consultant, Transcendent Group

Watch the recorded webinar

Key information and topics covered 

  1. What is the purpose and value of conducting an RCSA?
  2. What are we assessing?  Defining risks and controls.
  3. Assessment criteria: Inherent Risk, Residual Risk, Likelihood Scales, Consequence Scales and the Risk Matrix
  4. Aligning the assessment to objectives and outcomes
  5. Evaluating and using the output.  Risk Ranking, Evaluating against risk appetite, identifying issues and actions.
  6. Integrating RCSA into ERM and moving from static to dynamic risk assessment.

On assessment: measure what you value instead of valuing only what you can measure - Andy Hargreaves

About the presenters

Chief Research and Content Officer, Protecht

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.

Senior GRC Consultant, Transcendent Group

Alf Åkerman works as a Senior consultant within Risk & Compliance at Transcendent Group. Alf has 25 years of experience in Risk Management, Corporate Finance and Strategy, of which 12 years with Commonwealth Bank (Australia's largest bank) and before that Ford Motor Company and Volvo Group. Alf's experience includes establishing risk frameworks, responsibility for risk functions, evaluating and implementing ERM/GRC systems, responsibility for strategic initiatives, delivering executive risk training programs, implementing regulatory requirements and acting as a "trusted advisor" to Management and Board.