LGCA | Build Skills with Online Courses and Certificates by Industry Experts
AGRC Certificate in Risk Management (Level 3)
This AGRC Certificate has been approved and accredited by the London Institute of Banking & Finance (LIBF).
- 30 CPD Units
- 30 Hours
£650.00
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.
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
• 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
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.
• 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.
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
heavily regulated world.
Thank you AGRC!
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!
including video material and study handouts. Online exams are
also a great addition to the whole package.
Related Courses
Related products
-
AGRC Certificate in Sanctions Compliance (Level 3)
15 CPD Units 15 Hours £650.00 Add to cart -
AGRC Certificate in KYC and CDD (Level 3)
20 CPD Units 20 Hours £650.00 Add to cart -
AGRC Certificate in ESG Principles & Standards (Level 3)
15 CPD Units 15 Hours £650.00 Add to cart -
AGRC Certificate in Corporate Governance (Level 3)
15 CPD Units 15 Hours £650.00 Add to cart
