Risk Committee Made Simple – Governing Risk at the Board and Executive Level (C34-F-BV)
This course teaches you how to establish and operate a risk committee that supports strategic oversight and governance. You’ll gain: Risk Committee Foundations Understand the role, mandate, and structure of a risk committee Learn how it differs from audit, compliance, and executive committees Explore governance codes and regulatory expectations Composition & Charter Define committee membership, independence, and expertise Draft a risk committee charter with scope, authority, and responsibilities Align with board governance and enterprise risk frameworks Oversight & Reporting Review risk appetite, tolerance, and strategic alignment Monitor key risks across financial, operational, cyber, ESG, and reputational domains Receive and challenge reports from management and internal audit Integration & Escalation Coordinate with audit, compliance, and executive teams Escalate critical risks and ensure timely mitigation Oversee crisis response and resilience planning Evaluation & Maturity Assess committee effectiveness and governance maturity Conduct self-assessments and external reviews Improve performance through training and benchmarking Strategic Alignment Align risk oversight with ISO 31000, DORA, NIS2, and ESG frameworks Support board-level decision-making and stakeholder assurance Communicate risk posture to investors, regulators, and partners