Session 1: Introduction to Risk Appetite Frameworks
- Defining Risk Appetite: Concepts and Scope
- Importance of Risk Appetite in Risk Management
- Key Components of a Risk Appetite Framework
Session 2: Calculation of Risk Appetite
- Quantitative and Qualitative Methods for Assessing Risk Appetite
- Key Metrics and Thresholds for Risk Capacity
- Case Study: Real-world Applications of Risk Appetite Calculation
Session 3: Aggregation of Risk Appetite Bottom-Up
- Collecting and Analysing Risk Data Across Organizational Units
- Bottom-up Approach to Aggregating Risk Tolerance Levels
- Ensuring Consistency in Risk Appetite Across the Organization
Session 4: Aligning Risk Appetite with Strategic Decision-Making Processes
- Integrating Risk Appetite into Corporate Strategy
- Balancing Risk and Opportunity in Strategic Planning
- Tools and Frameworks for Embedding Risk Appetite in Decision-Making
Session 5: Optimizing Opportunities Through Risk Appetite
- Using Risk Appetite to Increase Risk-Taking Capacity
- Strategies for Leveraging Risk Appetite to Optimize Opportunities
- Examples of Risk Appetite Driving Strategic Growth
Session 6: Monitoring and Adjusting the Risk Appetite Framework
- Continuous Monitoring of Risk Appetite Metrics
- Adjusting Risk Appetite to Reflect Changing Business Environments
- Reporting and Communicating Changes in Risk Appetite
Session 7: Practical Applications and Case Studies
- Case Studies on Successful Implementation of Risk Appetite Frameworks
- Hands-on Projects Using Risk Appetite Calculation Tools
Session 8: Challenges in Implementing Risk Appetite Frameworks
- Common pitfalls and how to overcome them.
- Change management strategies for RAF adoption.
- Facilitated discussion: Participants share real-world challenges.
