Certified Risk Analyst (CRA)

Overview

Risk is inherent in every business decision that is taken, be they the decisions of the simple trader in the souk, or those of a CEO of a multi-billion-dollar turnover company. The goal of every successful business professional and decision maker should therefore be to become a proficient and effective risk manager. By attending this course and obtaining your certification as a Certified Risk Analyst, you will learn the principal tools of effective risk management.

During this course you will explore the various risk exposures that may directly affect your organisation. You will gain a clear understanding of up-to-the-minute theories and systems for risk management and develop your own set of tools and techniques for combating risk within your own organisation. This is an innovative course that has been specifically designed to highlight the importance of accurate risk assessment and risk mitigation.

This comprehensive training is packed with a highly interactive series of applied risk management workshops developing concepts in risk management, identification, quantification and mitigation in business in the UAE and across the GCC.

About Global Academy of Finance and Management® (GAFM)®
Established in 1996, the Global Academy of Finance and Management® (GAFM) International Board of Standards (IBS) Accreditation council is located in the EU and USA. Accredited by TUV Austria and ISO certified for both ISO 9001 Quality and ISO 29990 Training recognition, GAFM continues to forge ahead to ensure the quality of its programmes and provide a model for quality professional practice and performance, and a common reference for learning service providers (LSPs) and their clients in the design, development and delivery of non-formal education, training and development.

The Certification Board of Standards has been officially sanctioned by the Arab League’s Academy for over 20 Arab Nations and has been recognised in consultation directly with the ESCA Emirates Securities and Commodities Authority. The Certification Body is in academic standards alliance with the ACBSP National Business Accreditation Agency for Certification Standards worldwide and is a CHEA founding member of the quality assurance standards memorandum of the International Quality Group.

GAFM’s certification body regulates the standards for certification and accredited education and defines the criteria for qualified training and degree programmes which are a direct path to the certifications.

Types of GAFM™ Certifications: The Standards Policy Board awards specialised board certifications, designations, and charters in the fields of management, engineering, human resources, quality, financial engineering, accounting, management consulting, risk management, communications, procurement, logistics, construction, and consulting fields to qualified professionals who have completed internationally recognised or accredited training exams and education, government recognised degrees and documented management credentials and experience.

Who Should Attend

This highly practical course has been specifically designed for the following professionals:

• Risk Managers and Risk Analysts
• Corporate Treasury Managers in banks and corporations
• Finance Directors
• Finance Controllers
• Finance Managers
• Accountants
• Market risk staff
• Brokers
• Internal Auditors

Plus, anyone who is responsible for analysing company financial risk and dealing with the various risk exposures that can affect their organisation.

Benefits of Attending

• Understand the importance of risk management and mitigation, as well as using risk analysis as a key business driver
• Apply an internationally used risk management framework and a risk register to practical case studies in mitigating risk
• Develop an integrated strategy for the identification, analysis, prioritisation, quantification and mitigation of different types of risk including operating risk, market risk, strategic risk and management risk
• Review the principles of corporate governance in the UAE and GCC and their role in compliance and management risk mitigation
• Assess, quantify and mitigate different types of financial risk including foreign exchange risk, interest rate risk and market risk using hedging through financial instruments
• Understanding the impact and the methods available to mitigate major strategic, operating and external business risks in a changing global environment
• Understand the importance of internal control, the role of internal audit and the use of internal reporting for corporate risk management and control
• Review and apply Risk Based Decision Making (RBDM) to the management process