IRM Corporate Brochure

The Institute of Risk Management

Corporate Brochure

Build your AI risk expertise with our new learning programmes Award in Managing AI Risks A practical, career-boosting qualification in managing AI risks.

Enterprise-wide AI Risk Management A short, high-impact training course built for immediate application.

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Contents 1. The Institute of Risk Management 2. Introduction 3. Training Courses 4. Course Structure 5. e-Learning 6. Webinars 7. In-house 8. Accreditation 9. Meet our trainers

The Institute of Risk Management The Institute of Risk Management (IRM) is the leading professional body for Enterprise Risk Management (ERM). We provide globally recognised qualifications and training, publish Thought Leadership and run insightful events, all of which are underpinned by our professional standards, defining the requirements risk managers need to meet.

By these means, we help organisations and individuals build excellence in risk management and raise awareness of risk across society so that they protect value and take advantage of opportunity.

IRM Chair’s Message We strive to develop business and society At the IRM, our mission is to advance the practice and understanding of risk management for the benefit of businesses and society. We are dedicated to empowering professionals and organisations with the knowledge, skills, and resources necessary to navigate an increasingly complex and interconnected world. Through comprehensive education, pioneering research, and collaborative initiatives, we strive to cultivate resilient, forward-thinking leaders who can anticipate and manage risks effectively. Our efforts ensure sustainable growth, innovation, and stability for businesses and communities globally.

Our partnerships foster knowledge exchange and the development of cutting-edge risk management strategies.

Stephen Sidebottom IRM Chair

FOUNDED

PRODUCTS AND SERVICES AVAILABLE IN OVER

1986

146 COUNTRIES

MEMBERS

GLOBAL PROFESSIONAL NETWORK

9000+

59000+

INTEREST GROUPS

IRM CERTIFIED PROFESSIONALS WORLDWIDE

30

7500+

Central to our mission is our diverse, global network of risk practitioners who bring unique cultural perspectives and insights to the field of risk management. This rich diversity enhances our collective ability to identify, assess, and mitigate risks in varied and nuanced ways, reflecting the global nature of today's business and societal challenges.

We are a people-driven organisation, committed to the growth and development of our staff and students. By investing in continuous learning and professional development, we aim to better their experiences and capabilities, ensuring they are equipped with the latest knowledge and best practices in risk management. Adherence to the highest professional standards is fundamental to our work. We set and maintain rigorous ethical and professional benchmarks for risk management practice, ensuring our members uphold integrity, competence, and accountability. These standards not only enhance the credibility and trustworthiness of the risk management profession but also drive excellence in the services provided by our members, thereby contributing to the overall wellbeing and resilience of the organisations and communities they serve.

Our supportive environment encourages innovation, collaboration, and personal growth, fostering a sense of belonging and purpose among our members. By fostering a worldwide community where risk management is the cornerstone, we are committed to creating a safer and more resilient future for all.

- Stephen Sidebottom

What we offer Meeting your unique goals as a risk practitioner Through a comprehensive suite of services we’ll offer you a pathway to advance your professional journey. Risk affects everyone in business and management, across every organisation and sector globally. You don’t have to be a risk manager to benefit from being a part of the IRM.

ADVISORY SERVICES

QUALIFICATIONS

TRAINING

Guidance and support provided by risk experts to help clients achieve their goals.

Certifications that demonstrate an individual's knowledge, and competence in the field of risk management.

Educational programs and activities designed to enhance skills, knowledge, and performance.

EVENTS

COMMUNITY

SOCIETY & PARTNERSHIPS

In-person or virtual gatherings focused on a theme related to one of our special interest or regional groups.

A yearly membership to the IRM, granting access to exclusive benefits and resources for risk practitioners

Benefitting society through more robust ESG practices and activities

Professional Standards High standards of competence and integrity are the hallmark of risk management professionals.

As the professional and educational body for risk management, the IRM plays a leading role in setting these standards. They provide a framework for our qualifications, training, and members’ continued professional development (CPD).

The standards set out the knowledge, skills, and behaviours required from those working in risk management – that is, what risk professionals should know and what they should be able to do at various levels of their career, alongside the personal qualities and behaviours needed to do the job well. They are flexible enough to accommodate different levels of risk maturity within organisations and the wide range of variations that exist in risk job roles.

Professional standards framework Professional standards describe the knowledge and skills needed to do the job. There are four functional areas, each of which has a number of components:

Insights and Context

Strategy and Performance

Risk Management Process

Organisational Capacity

Insights and Context Risk management principles and practice Organisational environment External operating environment

Strategy and Performance Risk management strategy and architecture Risk management policy and procedures Risk culture and appetite

Risk management process Risk assessment Risk treatment

Organisational capability Communication and consultation Change management People management

Professional membership pathway No matter where you are in your journey, we will help you become a certified risk professional. We recognise our members' skills, knowledge, and experience via different levels of membership. All professional members must complete at least 30 hours of CPD annually.

Free Student Membership If you're studying risk management at an undergraduate or postgraduate level, you can apply for free student membership while you are studying.

Download an application form here » 8 years experience

IRM International Certificates

3 years experience

IRM Awards (30-90 hours)

CFIRM

CMIRM

IRM Cert

Affiliate Membership

Training

IRM Training (1-5 days)

IRM Advisory Taking a holistic view of your organisation's potential risks and their potential impact will enable you to respond and react faster than your competition, giving you that all-important, sustainable competitive advantage.

IRM Advisory will advise, guide, and mentor you in levelling up your risk performance by helping you get the most out of your risk frameworks and programs. From understanding your risk appetite to setting the proper risk levels and developing an enterprise-wide risk culture.

Address the top challenges facing your organisation Maximise the performance and value of your internal business operations by identifying, predicting and mitigating imminent threats and obstacles faster.

CYBER

CLIMATE CHANGE

GEOPOLITICAL

COMPETENTICIES

Reduce your digital exposure to better protect your organisation from cyber threats.

Make sure your organisation is on track to meet new climate change regulations.

Improve your ability to respond to external disruptions that impact your business.

Close the skills gaps in your workforce to improve your capabilities.

How can the IRM help you?

Delivered by IRM-accredited consultants who will provide practical advice and guidance to organisations looking to strengthen their resilience.

IRM Advisory will support you in building your organisation's internal risk capabilities and competencies by optimising your tools and frameworks and give you the confidence to challenge and recommend solutions to senior management and the board.

Qualifications Our risk management qualifications give you the broad knowledge and the practical skills you need to manage risks. You can learn from anywhere in the world via supported distance learning. This includes directed self-study and online coaching, with the option of blended learning workshops for the International Certificate in Enterprise Risk Management (ERM).

We support individuals who want a career in risk management, by providing qualifications. We benefit employers by helping them develop a highly-skilled team and improve their risk decision making.

At the IRM, we currently develop, deliver and award two types of qualifications: Regulated – qualifications which are recognised by Ofqual and carries the Ofqual logo, a recognised quality mark and registered on the Regulated Qualifications Framework (RQF) Unregulated – qualifications which are NOT yet recognised by Ofqual or registered on the Regulated Qualifications Framework The IRM is however in the process of redeveloping its unregulated qualifications and once completed, they will be registered on the RQF and become regulated qualifications.

Certificates Our risk management qualifications give you the broad knowledge and the practical skills you need to manage risks. You can learn from anywhere in the world via supported distance learning. This includes directed self-study and online coaching, with the option of blended learning workshops for the International Certificate in Enterprise Risk Management.

International Certificate in Enterprise Risk Management

6-9 months 2 modules (180-200 hours per module)

International Certificate in Operational Risk Management

3-12 months 9 Chapters (150 hours)

Awards Brand-new awards for a changing world. Covering operational, AI, and financial services risk management. These short-form courses are designed to support lifelong learning in risk management for individuals, teams, and organisations across global workplaces.

Award in Managing AI Risks in the Workplace

1-4 Months 1 Unit (30 hours in total)

Award in Financial Services Risk Management

2-4 Months 3 Units (90 hours in total)

Award in Managing Organisational Risks

1-4 Months 1 Unit (30 hours in total)

Training All IRM courses are based on the concept of Enterprise Risk Management (ERM), covering a wide range of topics. The courses are set to the international standards of ISO 31000, and each course is aligned to a specific part of the ISO framework to help you identify the most suitable course.

With practical case studies and exercises, you will use valuable tools and techniques to assess different aspects of risk management, which you can put to use straight away upon returning to work.

In addition to being practical and interactive, the courses allow you to log CPD hours, and some offer accreditation. Industry experts deliver all courses, so you can immediately apply the latest best practices. Course bookings can be made online, or you can complete the attached form and get in touch directly with our training team to book your place. Please note that some courses book out months in advance, and places are allocated on a first-come, first-served basis.

Trainers Each trainer is an IRM approved trainer, this means they have gone through a lengthy assessment and evaluation process to ensure their skill set and experience is broad, extensive and relevant to each subject matter.

Our trainers are highly skilled, personable and have an in-depth knowledge of their subject field. They are very hands-on and will help you apply the learning materials to your individual needs.

All training courses available through the IRM can be found on our website. If you would like to discuss any courses in particular please contact our training team at training@theirm.org.

Corporate Training Regulatory requirements and commercial awareness of the need to be risk-resilient means more organisations are strengthening their own risk expertise. From in-house and board-level training, to eLearning and company academies, we help organisations support a robust risk culture and a workforce equipped with the knowledge and tools to manage today’s risks.

Corporate training options Bespoke - we work with you to develop and deliver bespoke training courses to meet all your objectives. We develop the course and reference materials which can be delivered on a rolling basis or as a unique event, depending on your requirements.

Tailored – one of our courses already meets the majority of your needs, but requires specific tailoring for a particular group of employees or client base to ensure a perfect fit.

Standard – your requirements are already met by one of our courses, but you would prefer the course to be run in-house for a number of people.

Consultation – we spend time with you to identify and assess your specific training requirements. This time with you ensures we develop a course that meets all of your objectives.

IRM Approved Trainers – all our trainers are experts in their field, have a wealth of practical experience and are IRM members.

Cost effective – we can often charge a lower delegate rate, particularly if we deliver the course at your premises. You will also save on the time and cost of delegate travel.

Flexible – we work with you to ensure courses are structured and delivered to meet your organisation’s culture and work priorities.

To discuss your training needs, options, and rates, please contact: Joanna Kraska +44 (0)20 7709 4117 / +44 (0)7469 353441 joanna.kraska@theirm.org

Events Our rolling programme of events helps you keep up-to-date with Enterprise Risk Management (ERM). We run regional events, industry-specific updates, topical briefings, and annual conferences.

We bring together professionals at all levels and work in partnership with other organisations.

Sponsorship is available for organisations wanting to raise their profile within the industry. Each event gives you valuable and unique insights into risk management and helps grow our global network.

IRM Groups Providing members with specific forums to network, exchange views, and share best practices with their peers. Joining a group enables you to make valuable contacts and gain insight into topical, relevant and challenging risk issues.

Partnerships The IRM is pursuing ambitious growth across Asia to expand the risk management community and promote the profession in rapidly evolving markets. With a keen understanding of the region's untapped potential, the IRM is committed to establishing a strong presence through a multifaceted approach that includes building corporate partnerships, forging targeted academic collaborations, and forming strategic alliances with key stakeholders.

To achieve this, IRM plans to actively engage with regulators, members, and local business communities to understand each market's unique challenges and opportunities. By integrating its globally recognised qualifications into the curricula of leading academic institutions, IRM seeks to equip the next generation of professionals with the necessary skills and knowledge to navigate complex risk landscapes.

Moreover, IRM is dedicated to promoting professional standards that align with global best practices, ensuring that businesses in Asia can mitigate risks effectively while seizing growth opportunities. Through a series of events, workshops, and training programs, IRM aims to foster a culture of risk awareness that permeates all levels of organizations, from the C-suite to operational teams.

This proactive approach is not only designed to benefit businesses by enhancing their resilience and strategic decision-making but also to contribute positively to society by promoting sustainable practices and ethical governance.

Our partnerships foster knowledge exchange and the development of cutting-edge risk management strategies.

Victoria Robinson, Director IRM Sdn Bhd