Understand the need for an effective ERM Framework and what the key components of an ERM are and how these should be implemented.
Risk Culture u2013 what is good, what is bad and how to ensure that it is effective throughout the entire Enterprise.
Understand the risks that Firms face and how these should be identified, recorded, stressed and managed in the most effective manner using best practice u2013 Risk Appetite, Risk Registers, Risk Control Self Assessments, Key Risk Indicators, Key Control Indicators, Scenario Analysis, Stress Tests and Good Management Information.
Understand the need for excellent Risk Management to bring all the parts of the ERM together and how this can be done.
Most importantly, be able to go back into your organization and make a difference. Be able to show that with a good ERM your company can become more profitable and yet more resilient to shocks.