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AGRC Certificate in Risk Management (Level 3)
In this course, you will explore the core principles of risk and risk management in the context of the financial services sector.
- 30 CPD Units
- 30 Hours
Course Overview
Topics Covered
What’s Included
Target Audience
Exam Details
Download Syllabus
Course Overview
In this course, you will explore the core principles of risk and risk management in the context of the financial services sector. This training programme will cover a wide range of topics, from the regulatory environment and risk identification to the three lines of defence model and the impact of risk on the broader business environment. By the end of this course, you’ll be equipped with the knowledge and skills necessary to navigate the complex world of financial risk management.
This training programme will guide you through the intricacies of the financial services industry, providing real-world examples and practical insights. The course features a structured approach with end-of-chapter questions to test your understanding, ensuring that you’re well-prepared to tackle risk management challenges.
Join us on this educational journey to enhance your understanding of risk management in financial services and to develop the expertise needed to thrive in this dynamic industry.
Course Features
By acquiring the Certificate, participants are expected to be able to:
• Understand the fundamental principles of risk management in the context of financial services.
• Identify and differentiate between various types of financial institutions and their roles within the sector.
• Analyse the direct and indirect impacts of risk on financial services, including real-world examples.
• Examine the regulatory landscape in financial services, including key regulations and their implications for risk management.
• Establish a comprehensive risk management framework, including defining risk appetite and roles and responsibilities.
• Compare and contrast different approaches to identify, assess, and treat risks in financial services, such as ISO 31000 and COSO ERM.
• Comprehend the “Three Lines of Defence” model and its significance in safeguarding against risks.
• Apply a risk management framework in practical scenarios, including risk identification, assessment, treatment, monitoring, and review.
• Identify and analyse various sources of risk within the financial services sector, including market, credit, operational, and regulatory risks.
• Conduct risk assessments for specific risk types and understand the evaluation and mitigation of these risks, especially in the context of life and non-life insurance companies.
The AGRC Certificate in Risk Management is a comprehensive programme aimed at providing participants with a deep understanding of risk and risk management within the financial services sector. This course covers a wide array of topics, including the regulatory environment, risk identification, and the three lines of defence model.
By the end of the program, participants will be equipped with the knowledge and practical skills required to navigate the intricacies of financial risk management. Whether you’re a student, professional, or simply interested in financial risk management, this course offers a solid foundation in this critical field.
The expected learning outcomes encompass an array of skills, from understanding risk principles to conducting risk assessments and applying risk management frameworks in practical scenarios. This program is a valuable educational journey for those seeking to excel in the dynamic world of financial services.
Topics Covered
Some of the topics to be covered by this Certificate include:
• Principles of Risk and Risk Management
• The Financial Services Sector
• Impact of Risk in Financial Services
• The Regulatory Environment in Financial Services
• Establishing and Applying a Risk Management Framework
• Approaches Used to Identify, Assess, and Treat Risks
• The Three Lines of Defence Model
• Sources of Risk in Financial Services
• Risk Assessments in Financial Services
• Risk Treatment and Incident Response
What’s Included
• 25-30 hours of self-paced, online, and interactive learning, including analysis of practical case studies.
• A study guide.
• Practice questions and a final mock exam
• Free AGRC membership for one (1) year
• Online exam with two attempts to pass
• AGRC certificate
• Use of the PAGRC designation upon successful completion
Target Audience
This course is ideal for anyone wishing to be introduced to risk management in the financial services industry. Professionals carrying out the roles of directors, members of the Board, senior managers, lawyers, company secretaries, compliance and risk officers, and consultants may benefit from this course. It is also suitable to professionals pursuing regulatory CPDs in financial regulation.
No previous knowledge or experience is required, although it is assumed that participants have good knowledge of English and a sound educational background.
Exam Details
• Duration: 60 minutes
• Number of questions: 50
• Type of question: Multiple choice
• Pass mark: 70/100
• Results appear directly once you submit all of your answers.
• Certificate is issued in PDF and sent by email within 48 hours of taking the exam.
• A printed copy of the certificate can be requested for an additional charge of £80.
• Please keep in mind that if you do not complete your training programme and book your exam within the 3-month period, you will have to pay £150 to take the exam and for any additional attempt thereafter.
Download Syllabus
Frequently Asked Questions.
Most frequent questions and answers
Upon registration you will attain immediate access to all study materials and self-paced eLearning lectures.
Yes, for each AGRC package you will receive the study guide and the exam (two attempts). You will also receive a structured, guided e-learning package that includes video lectures, case studies, and much more that will allow you to study at your own time and better prepare for the exam.
Yes, each AGRC Certificate is designed to be a fully self-paced, online programme, accessible with any device, 24/7, from anywhere in the world.
The AGRC study guide contains a full mock exam with 40 practice questions for your reference. The online study material online includes additional practice questions that will enable you to engage better with the content and get the most out of your reading.
You attain access to the exam upon the completion of the course. The exam is conveniently taken remotely from your own PC or laptop. You do not need to travel to an examination centre to sit your final test. Rather, you can take the exam at your own convenience, at any time from the comfort of your home or office. All you have to do is email info@agrc.org with your name, email address, and AGRC certificate of choice, and AGRC will send you instructions on how to access the exam.
The AGRC exam consist of 40 MCQs (50 MCQs in the case of the Risk Management Certificate) for the completion and award of the AGRC Certificate of your choice. The pass mark is 70% and two attempts are permitted. The time allowed for the exam is 60 minutes.
We recommended a total of 15 to 25 learning hours. As it is a fully self-paced course, you are expected to define a suitable pace yourself. However, most of our students tend to complete their training in under three (3) months.
The AGRC study guide, the self-paced online interactive course that includes the analysis of practical case studies, a set of mock practice questions to help you prepare for the exam, one (1) year of free AGRC membership, and two (2) attempts to pass the online exam. Upon passing the exam, you will attain the AGRC Certificate of your choice.
AGRC Certificates have been designed for professionals looking to build a career in governance, risk and compliance, including working in functions that focus on AML, financial crime prevention, risk management, customer onboarding and more. No previous knowledge or experience is required although it is assumed that those interested have good knowledge of English and a strong educational background.
This Certificate has been developed by the Association of Governance, Risk and Compliance (AGRC) and the training programme has been prepared by the London Governance and Compliance Academy (LGCA), one of AGRC’s official training partners. The syllabus is verified by external subject matter experts and may be accredited by financial regulators and professional bodies for between 15 and 25 CPD units in the topic it covers.
To register for this course, click on ”Add to Cart” above and follow the instructions to pay online. If you wish to receive an invoice instead of paying online, please contact us.
What People Say About LGCA
AGRC’s certificate in compliance helped me advance my career in the field of compliance by teaching me the ins and outs of the sector, the challenges I may face in the future, and the skills I need to overcome them and help my company remain compliant in a heavily regulated world.
Compliance and its role in the financial world have never been easier to understand than with AGRC’s certificate programmes. The course was clear, comprehensive and practical, and provided me with the tools and skills I needed to further my career in compliance. I highly recommend these certifications and courses!
This certification is precisely what I was looking for. Since I work remotely, the best option for me was a self-paced, e-learning course that I could do and complete at my own convenience and at random hours of the day. AGRC’s training offered exactly that, plus a lot more. I delved deep into the world of compliance, gaining a thorough understanding of the industry and what it takes to succeed as a compliance officer. Thank you AGRC!
AGRC makes compliance super interesting and simple to grasp. Their self-paced, online learning offerings are captivating and have prepared me to take the plunge and become a full-time compliance professional.
I wasn’t sure whether transitioning into the world of compliance was the right move for me. After taking this course, I’m convinced I made the right decision. The course was super interesting, offering me a solid foundation of GRC issues, and it got me super hyped to build a career in compliance.
Compliance has been trending lately and AGRC’s certificate caters to this growing need for compliance officers or at least experts in the sector. The course materials were insightful, comprehensive and clear, relying heavily on case studies that show theory working in practice and helping us understand the true value of compliance and its concepts in action in the business world. Don’t miss out on what’s a wonderful course!
This course and certification are exceptional when it comes to introducing you to compliance and its importance in today’s financial world. Self-paced, online and very engaging material. Top notch.
AGRC's self-paced, online course on compliance is ideal for professionals who want to pick up new information on the AGRC world and contribute to building a solid corporate culture for their workplace. In this day and age, being ethical is the name of the game and this certificate allows you to grow in that direction.
Insightful, practical and complete courses on compliance, AML and KYC/CDD. Five out of five stars. I strongly recommend the AGRC courses to anyone who wants to join the financial services sector or he is already following a relevant career path. Practical and easy to understand, including video material and study handouts. Online exams are also a great addition to the whole package.
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