14DEC
14 - 18 Dec 2026Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
Professional training course
Certificate in Financial Risk Management (CFRM)
This course aims to enable participants to navigate the financial risks that companies face during their operations. By attending, participants will acquire the knowledge…
- 5 daysClassroom
- 13Upcoming dates
- 7Cities
- £2,250Fees from
Course overview
Why Attend
This course aims to enable participants to navigate the financial risks that companies face during their operations. By attending, participants will acquire the knowledge to develop a practical Enterprise Risk Management (ERM) framework, starting with identifying financial risks, analyzing them, and finally, planning treatment methodologies to handle them. They will also learn to analyze the risks qualitatively and quantitatively using different practical methods, tools, and techniques and stay updated with the latest industry trends.
Course Methodology
The course uses interactive techniques, such as brief presentations by the consultant and participants. It also features several group exercises and simulations to help participants consolidate their learning experience.
Course Objectives
By the end of the course, participants will be able to:
- Define the basic terms related to risk and the fundamentals of Enterprise Risk Management
- Execute a qualitative risk analysis to determine the overall risk level
- Perform a quantitative risk analysis by utilizing financial risk management techniques
- Develop effective risk-based response and decision-making strategies based on the related priorities
- Identify risk management maturity within an organization, create a risk register, and monitor the entire process
Target Audience
This course has been designed for risk managers, risk owners, internal auditors, governance professionals, financial services regulators, project managers, finance managers, functional managers, senior managers, board members, and all individuals interested in Enterprise Risk Management (ERM)
Target Competencies
- Identifying financial risks
- Assessing financial risks
- Evaluating financial risk responses
- Developing decision-making capabilities
- Monitoring and reporting financial risks
Course outline
-
1Day 1: Introduction to Enterprise Risk Management (ERM)
- Governance, Risk, and Compliance (GRC) framework introduction
- Three lines of defense
- Definition of risk and identification of risk types
- ERM process
- Definition of risk appetite
- Introduction to financial markets and products
-
2Day 2: Qualitative Risk Analysis
- Brainstorming and the Delphi technique
- SWOT analysis
- Risk probability and impact assessment
- Heat maps and risk scores
- Risk urgency assessment
- Quantitative Risk Analysis
- Credit risk
- Credit analysis
- Credit rating
- Credit portfolio management
- Expected Credit Loss (ECL)
- Market risk
- Classification of instruments and valuation methodologies
- Value at Risk (VaR)
- Stress testing
- Liquidity risk
- Operational risk
-
3Day 3: Risk management and investment management methodologies
- Monte Carlo simulation
- Sensitivity and scenario analysis
- Expected Monetary Value (EMV)
- Risk-adjusted performance measures
-
4Day 4: Risk Response Strategies and Decision Making
- Secondary and residual risks: Risk response strategies
- Calibrating Key Risk Indicators (KRIs)
- Contingency planning strategy
- Incident management
- Decision tree analysis
- Decision-making reconciled with risk appetite
-
5Day 5: Assessment of Risk Maturity and Monitoring
- Implementation of a risk register
- Assessment of the risk management maturity
- Risk-based internal audit
- Risk reviews
- Identification of emerging risks and future trends
Schedule
Dates and fees
13 upcoming dates in 7 cities. Fees are per delegate; bring colleagues and every seat is discounted.
December 2026
IstanbulTurkey · Classroom
January 2027
18JAN
18 - 22 Jan 2027Mon to Fri · 5 days
RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
February 2027
15FEB
15 - 19 Feb 2027Mon to Fri · 5 days
Kuala LumpurMalaysia · Classroom
£2,250per delegate2+ people: £1,800 each
March 2027
15MAR
15 - 19 Mar 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
April 2027
19APR
19 - 23 Apr 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
May 2027
17MAY
17 - 21 May 2027Mon to Fri · 5 days
MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
June 2027
21JUN
21 - 25 Jun 2027Mon to Fri · 5 days
AmsterdamNetherlands · Classroom
£4,250per delegate2+ people: £3,400 each
July 2027
19JUL
19 - 23 Jul 2027Mon to Fri · 5 days
IstanbulTurkey · Classroom
£2,850per delegate2+ people: £2,280 each
August 2027
16AUG
16 - 20 Aug 2027Mon to Fri · 5 days
RomeItaly · Classroom
£4,250per delegate2+ people: £3,400 each
September 2027
20SEP
20 - 24 Sep 2027Mon to Fri · 5 days
Kuala LumpurMalaysia · Classroom
£2,250per delegate2+ people: £1,800 each
October 2027
18OCT
18 - 22 Oct 2027Mon to Fri · 5 days
BarcelonaSpain · Classroom
£3,850per delegate2+ people: £3,080 each
November 2027
15NOV
15 - 19 Nov 2027Mon to Fri · 5 days
LondonUnited Kingdom · Classroom
£4,200per delegate2+ people: £3,360 each
December 2027
20DEC
20 - 24 Dec 2027Mon to Fri · 5 days
MunichGermany · Classroom
£4,250per delegate2+ people: £3,400 each
No dates in this city right now. Request a quotation and we will suggest the nearest date.
Questions
Frequently asked questions
How long is the Certificate in Financial Risk Management (CFRM) course?
The course runs over 5 days of classroom training, usually Monday to Friday.
When is the next Certificate in Financial Risk Management (CFRM) course?
The next public date is 14 - 18 Dec 2026 in Istanbul. There are 13 upcoming dates in total.
Where is this course held?
Upcoming sessions run in Istanbul, Rome, Kuala Lumpur, Barcelona, London, Munich, Amsterdam.
How much does the course cost?
Fees start from £2,250 per delegate, depending on the city. Fees include tuition and course materials.
Do participants receive a certificate?
Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.
Can this course be delivered in-house for our team?
Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.
Course information last updated 14 November 2026.
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