Why every risk manager must be using Monte Carlo modelling to evaluate effect of risks

Given the uncertainties businesses have faced as result of the Covid-19 pandemic, it’s hardly surprising many are looking to improve how they do risk management. According to Duncan Harwood, managing director of 2020 Risk Management, introducing Monte Carlo simulation one of the best steps a business can take to improve its risk management processes. Giving… Continue reading Why every risk manager must be using Monte Carlo modelling to evaluate effect of risks

TRAINING: Risk Appetite Masterclass

Learn how the concept of risk appetite, risk tolerances and risk limits transitioned from financial services to corporate world and lost all its meaning along the way. Alex Sidorenko, author of the Guide to Effective Risk Management, will provide no-nonsense, practical ideas for turning risk appetite from an artificial and theoretical concept to a valuable management tool. A tool that the company management will want to use every day when making decisions. Together we will investigate the nature of business decisions, the ugly side of cognitive biases and conflicts of interest and how the application of risk appetite, risk tolerances and risk limits can help protect the shareholder value.

Risk appetite training

Practical Risk Appetite Masterclass

Course overview

This masterclass will cover practical ideas to identify, validate, develop and document risk appetites for different strategic, operational and financial business decisions.

Learn how the concept of risk appetite, risk tolerances and risk limits transitioned from financial services to corporate world and lost all its meaning along the way. Alex Sidorenko, author of the Guide to Effective Risk Management, will provide no-nonsense, practical ideas for turning risk appetite from an artificial and theoretical concept to a valuable management tool. A tool that the company management will want to use every day when making decisions. Together we will investigate the nature of business decisions, the ugly side of cognitive biases and conflicts of interest and how the application of risk appetite, risk tolerances and risk limits can help protect the shareholder value.