ERM
Enterprise
Risk Manager
®
Professional Certification Program
B y Pra c t it io n ers , Fo r Profe s s i o n a l s
insterp.com
In today’s highly digitalized, inter-connected, and competitive
business world, disruption and turmoil have become the new
norm. Boards and business professionals are constantly looking
out for that extra edge to provide and ensure organizational
About
the IERP®
sustainability, resilience, and agility with the ultimate aim of
creating sustainable value – the cornerstone and end-game of
Enterprise Risk Management (ERM).
Recognising this critical need for sound ERM knowledge and
good ERM practices across all organisational layers and business
sectors, THE INSTITUTE OF ENTERPRISE RISK PRACTITIONERS
(IERP®) was established by dedicated and highly experienced
Board Directors and industry practitioners to holistically
address these shortfalls and to make these skills accessible
globally.
The IERP®’s pioneering, innovative, and global industry-leading
training and certification programs are designed for all levels of
stakeholders in any organisation who in one way or other deal
or struggle with Governance, Risk and Compliance (GRC),
Technology and data risk or ESG issues in their daily operations
and/or decision-making.
All of the IERP®’s programs incorporate practical learning
methodologies and promote international ERM standards and
practices in a practical and commercial context as well as to
highlight ERM’s linkage to strategy, performance, ESG, ethics,
Business Continuity and good corporate governance.
Membership of the IERP® and participation on the IERP®’s
programs is critical for Visionary Boards, business leaders,
business professionals, and risk managers who are looking for
something that will set them apart from the crowd, enhance
organizational value creation, and launch them on a trajectory
to strategic excellence.
ABOUT THE
ERM® CERTIFICATION PROGRAM
Sharpen your competitive advantage in your field of expertise by gaining a thorough
understanding of Enterprise Risk Management (ERM) in relation to strategy,
performance, and Business Continuity Management (BCM).
The Enterprise Risk Manager (ERM®) Certification Program is an accelerated
12-day learning program designed to equip participants with the practical
tools to effectively implement ERM in their organisations. Whether you’re
looking to introduce ERM into your organisation or enhance its
performance, strategic or decision-making processes, this program is
essential for management professionals across all industries looking to
take their career or organisation to the next level.
This certification program will equip participants with the practical
tools to guide their business strategically and operationally to create
and protect value. At the same time, organisations will benefit from
having a pool of experienced and qualified managers conversant with
ERM methodologies who will be able to steer their organisations
towards commercial sustainability as well as organizational resilience
and agility. Only successful participants of the program who are current
members of the IERP® are allowed to carry the ERM® designation after
their names.
PROGRAM
TESTIMONIALS
The 12 days program has
been very insightful, wide
area of coverage and
well-supplemented with
practical and real case
illustrations. The program
has provided a very
comprehensive holistic
approach/knowledge of ERM
which has truly enhanced
my understanding on the
subject matter.
Chief Financial Officer,
National Investment Holding Company
A structured and informative
program on enterprise risk
management. It has
improved my knowledge
and understanding
of the appropriate risk
management techniques
and concepts.
Highly recommended!
IERP® is definitely the choice
for someone who wants to
pursue his or her career in
risk management. The
modules and the materials
were relevant to my work.
The case studies were
practical case studies and
the lectures were conducted
by professionals with related
experience. I am proud to be
affiliated with IERP®.
Vice President,
Risk Management Department
Leading Takaful / Re-takaful Provider
Senior Manager,
Corporate Planning and Biomass
World’s Largest Palm Oil Exporter
OBJECTIVES OF THE
ERM® CERTIFICATION PROGRAM

To promote effective senior leadership in the deployment of ERM in all strategic aspects of the business, as a key driver
of performance and to achieve Commercial Sustainability as well as Organisational Agility and Resilience.

To ensure proper ERM and GRC governance at Organisational, Board, and senior leadership levels.

To provide an effective environment for the structured professional development of all categories of senior management
professionals.

To develop competent professionals who will be able to effectively champion the concepts of ERM at all organisational
levels across all industries.

To encourage the adoption of best practices in advanced ERM issues and concepts.

To provide participants with a better understanding of the interrelationship between the various management disciplines
and concepts critical in any successful GRC framework.

To demonstrate the significant advantages of ERM by putting the issues and approaches in a professional and practical
context.

To provide practical advanced tools to our participants, for the successful implementation of these ERM approaches.

To allow participants to network with similar senior ERM practitioners, senior ERM thought leaders and professionals.
ELIGIBILITY CRITERIA
Either:
01 A degree holder (or its equivalent, and above) with a minimum of
3 years relevant working experience
02
OR
A non-degree holder with a minimum of
10 years relevant working experience
LEARNING METHODOLOGY
The IERP® utilises adult-learning methodologies that incorporate a highly practical approach to ensure
participants are fully engaged in the learning process.
ASSESSMENT AND EXAMINATION
1. Multiple Choice Examination
2. Case Study
TARGET AUDIENCES
This program is suitable for anyone working in or related to Risk Management, Internal Audit, Corporate
Planning, Strategy, Governance, Compliance, Operations, Investment, Treasury, Product Development,
Regulators, Legal, Quality, Environmental Health & Safety, Project Management, Insurance, Underwriting, etc.
as well as CEOs, C-Level Executives and Head of Departments who are decision makers in their respective
organisations.
THE
ERM® MODULES
MODULE
01
EVOLUTION OF ERM MODELS AND STANDARDS
This part of the program provides an analysis of the various definitions of Risk and the evolution of Risk Management over
time. The module then proceeds to study the history, rationale, development, benefits and disadvantages of a selection of
generally accepted and International ERM standards and models. Participants will be taken through the details of both COSO
models and ISO 31000 as well as the pros and cons of the various models and approaches. The final part of this module
involves group discussions on the applicability of the various standards and models in practical ERM implementation projects
as well as its linkages to achieving organisational objectives and improving the quality of decision-making.
MODULE
02
RISK CONTROL SELF ASSESSMENT (RCSA) AND INTERNAL CONTROL MODELS
This module encompasses a detailed examination into RCSA options, approaches and methodologies including their purpose
and design, tools, and their fit into an ERM framework. The content encapsulates a practical approach to implementing RCSAs,
its fit into, and use as, a critical ORM tool as well as its critical stakeholders. Participants will be taken through a detailed case
study and exercise over a complete RCSA lifecycle and will be given the opportunity of practicing their new skills via a mini
RCSA practical workshop.
The module also takes participants through various Internal Control models and frameworks, including elements of COSO’s
internal control framework – and their limitations. Participants will also be exposed to the linkages between RCSA, Internal
Control frameworks and best practice governance recommendations and practices, as well as Corporate Governance codes
and principles.
MODULE
03
CORPORATE ETHICS
A strong ERM professional must be able to identify potential issues in relation to recognising and responding to ethical
dilemmas. They must also possess a strong understanding of the linkage between good corporate ethics and good business.
This module establishes that via in-depth studies into various ethical approaches, taking into account the impact of ethical
practices on performance measurement and strategic issues. The syllabus includes a study on why good managers sometimes
make bad ethical choices as well as ethics in practice. Participants will also undertake a study into values in tension and how
ethics may vary depending on international locations and situations. Critical to this is also an understanding and appreciation
on the discipline of building character. The program is very interactive and contains over 20 case studies and case study
discussions. Also included are case studies on Corporate Integrity vs Corporate Ethics programs.
* Details shown are subject to change and revision in order to keep our coverage current.
THE
ERM® MODULES
MODULE
04
CORPORATE GOVERNANCE
There are many existing definitions of Corporate Governance (“CG”) and best practice guidelines vary from one international
region to another. This program is designed to provide participants with a solid fundamental understanding of the origins,
principles, development and current status of CG and CG standards. This program will help ERM practitioners gain the
necessary skills and knowledge to utilise and move CG from value preservation activities towards value enhancement
activities, principles, processes and concepts in relation to Governance, Compliance and ERM. Participants will be instructed
in how the concepts and basics of CG developed, as well as the roles of the various bodies and organisations key in its
evolution, application and enforcement. The program includes instruction in effective CG drivers and how to establish, assess,
improve and monitor effective CG programs in your organisation. The course offers participants an overview of CG, its
relevance to GRC concepts and how to achieve results through effective implementation of all of the above.
MODULE
05
MARKET, CREDIT AND OPERATIONAL RISK MANAGEMENT
This module explains and practically illustrates the relationship between ERM, market, credit and operational risks as well as
their main drivers. It guides participants through the practical nature of risk and risk-taking, including behavioural aspects.
The content includes definitions, illustrations and examples of market, credit and operational risks as well as practical
indicators of them and effective mitigation strategies. Participants will also study reasons, via formal instruction, case studies
and class discussions for rationalisation of market, credit and operational risk management practices. It also teaches
participants how to design a holistic ERM approach to managing risk incorporating the various elements above as well as
delving into measurement techniques and investigating the case for integrating the management of market, credit and
operational risk.
MODULE
06
CYBERSECURITY RISK MANAGEMENT
Cybersecurity threats exploit the increased complexity and connectivity of systems, placing the organisation’s sustainability,
performance and viability at risk. This module has been designed to enable Risk and Management professionals to better
assess the cyber-resilience and exposures of their organisations and to design and implement effective cybersecurity
mitigation and governance plans for their organisation. Participants will also be grounded in selecting, designing and
implementing a practical Cyber Risk Maturity framework for their organisation and exposed to various cyber threat scenarios
as well as the importance of ensuring the various perimeters within and without the organisation are secure. With so much at
stake for a business - financial loss, operational disruption, competitive disadvantage, legal liability, and harm to corporate
reputation - the question for corporate directors and management is not whether to become involved in cyber risk
management, but how to appropriately implement and oversee their company’s initiatives.
* Details shown are subject to change and revision in order to keep our coverage current.
THE
ERM® MODULES
MODULE
07
MANAGING ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) RISK
This module has been designed to provide practitioners with a proper practical overview of ESG and the SDGs. Many still
view ESG, as a narrow, noncore activity that primarily focuses on philanthropy through corporate giving and volunteering.
However, ESG encompasses business practices far beyond the concept of corporate social responsibility, under whose
umbrella those charitable activities traditionally fall.
Participants will be grounded with a practical understanding that whether companies are subject to ESG related regulations
or otherwise, there is an expectation on the part of investors and regulators for corporations to address ESG impacts and
to incorporate this broader perspective into their strategy and decisions. In practice, therefore, corporations should expand
their remit and start to delve into the various ESG aspects relevant to their entities. Core to all of this is an understanding
of the Risk Management implications and its relationship relative to ERM.
MODULE
08
MEASURING CORPORATE PERFORMANCE
Enterprise Risk Management and Corporate Performance are inextricably linked. This module explains the linkage as well as
how to measure the performance of tangible as well as intangible assets, including a study on what information executives
and management truly need. Participants will also be guided in how to evaluate performance measures as well as practical
and effective performance management systems, aligning it to strategy and ERM, and how to develop practical performance
measurement metrics. The module also shows participants how to strike an appropriate balance between balancing daily
business demands with long term strategic goals and how to leverage on, and utilise, performance measurement systems as
strategic management systems. Full of case studies, this module ensures a proper practical grounding in the benefits and
challenges of managing corporate performance and ensuring its optimal contribution to ERM initiatives.
MODULE
09
CORPORATE STRATEGIC RISK MANAGEMENT
One of the most powerful attributes of Enterprise Risk Management is its potential as a strategic management tool. This
program coaches participants on how to establish a framework to identify, measure, and manage the various sources of
strategic risk in their businesses. The module includes practical guidance and tools on how to assess and measure internal
strategic risk pressures. This is then reinforced by studies on how strategic decisions impact overall risks and the possible
consequences of managing or failing to manage strategic risk in a business. Participants will also be trained on the various
strategic risk management tools to support the process as well as workshop based exercises and examples.
* Details shown are subject to change and revision in order to keep our coverage current.
THE
ERM® MODULES
MODULE
10
BUSINESS CONTINUITY MANAGEMENT
Business Continuity Management (BCM) is a risk management mitigation process under the overall practice and discipline of
ERM. This module provides an overview of BCM and guides participants on the basis behind BCM, Disaster Recovery Plans
(DRP), and Business Continuity Plans (BCP) as well as their interrelationships. Coverage also includes BIA and BCM systems,
BCM audits, as well as BCM pitfalls and common BCM risks. Participants will also study some of the key features of current
international standards relating to BCM as well as receive practical instructions and guidance on how to build an effective
BCP document and how to keep it current and relevant as the organisation evolves. The content includes definitions and
understanding of the various terminologies and metrics as well as best practice BCM frameworks.
MODULE
11
IMPLEMENTING ERM AS A STRATEGIC MANAGEMENT TOOL & KEY RISK INDICATORS (KRIs) - 2 DAYS
This module coaches participants on how to implement ERM practically and effectively to ensure it becomes a driver for
Commercial Sustainability as well as Organisational Agility and Resilience. The module explains and re-emphasises the
fundamentals of ERM, GRC, internal controls and their interdependence. Participants will also be taught how to set up ERM
monitoring systems to track progress and to maintain schedule as well as how to effectively implement ERM concepts to
enhance decision making processes and value to the business as well as to achieve organisational objectives. The module
also explains how to establish effective risk mitigation strategies. Participants will also learn how to achieve results through
the effective use of ERM frameworks and risk management tools vide a 1/2 day case study workshop where the participants
will apply the tools introduced during the training to identify, record, prioritise and mitigate risks.
* Details shown are subject to change and revision in order to keep our coverage current.
REGISTRATION FORM
PERSONAL DETAILS
Title: Mr
/ Ms
/ Mrs
* All Fields Are Compulsory
/ Dr
Name
NRIC No. / Passport No.
Designation
Work Email
Department
Personal Email
Organisation
Mobile No.
Address
Office No.
Postcode
State
ACADEMIC & PROFESSIONAL QUALIFICATION
Highest academic qualification
Year
Awarding institution
1. Professional Qualification & Other Certification Body
Year
2. Professional Qualification & Other Certification Body
Year
WORK EXPERIENCE (CURRENT)
WORK EXPERIENCE (PAST)
Organisation
Organisation
Designation
Designation
Department
Department
Scope of work
Scope of work
Duration: From
To
Duration: From
To
AUTHORISATION
Company Stamp & Signature
Name
Designation
Department
Email
Telephone
Date
* Signatory must be authorised to sign on behalf of the contracting organisation.
CONTACT US
institute of enterprise risk practitioners
Menara Mitraland, D-19-07, No. 13A, Jalan PJU 5/1, Kota Damansara, PJU 5, 47810 Petaling Jaya, Selangor Darul Ehsan, Malaysia.
+603 2714 6170
+603 7611 0707
www.insterp.com
haziq@insterp.com
REGISTRATION FORM
All our certification and training programs are conducted in hybrid mode. To facilitate the administration of this program, please indicate
how you intend to attend this program:
Virtual class
Physical class *
* Participants are encouraged to bring along their notebook/laptop/iPad or any other device that can be used to access the Zoom app to
facilitate discussions with online participants.
ERM® COURSE FEE
EXAMINATION FEE
RM 18,900
RM 1,300
* Excludes all applicable taxes and bank charges
Please Tick Where Necessary

DURATION
FEES BY PART
FEES BY MODULE
EXAMINATION FEES
Part 1
4 Days
RM 6,600
RM 1,750 / 1 day module
-
Part 2
4 Days
RM 6,600
RM 1,750 / 1 day module
-
Part 3
4 Days
RM 6,800
RM 1,850 / 1 day module
RM 3,700 / 2 days module
-
Full Program
12 Days
RM 18,900
RM 1,300
Others
1 A payment link will be emailed to you upon receiving your registration form.
2 Payment must be received at least 7 working days prior to the commencement of the program.
3 Cancellation in writing by email at least 30 days before the program commencement is entitled to a 50% refund of program fee.
Thereafter, the full program fee is payable and is non-refundable.
4 All request for substitution, postponement or changes to program registration must be done in writing at least 7 working days before
commencement of the program. Participants agree that the IERP®’s decision on such requests shall be final and the IERP® reserves the right
to imposed an administration fee of equal to 10% of the total fee.
5 Once the payment is accepted, an official receipt will be issued and emailed to you on the next working day.
6 Copyright: All intellectual property rights in all materials produced or distributed by the IERP® in connection with this program is expressly
reserved and any unauthorized duplication, publication or distribution is prohibited.
7 Data Protection: Participants confirm that they have requested and consented to IERP® retaining client information on IERP® group
companies’ database to be used by IERP® group’s companies and passed to selected third parties to assist in communicating products
and services which may be of interest to the participants. If the participants wish to stop receiving such information please inform the
IERP®’s International Secretariat or email enquiry@insterp.com. For training and security purposes telephone calls may be recorded.
By signing this form, I confirm and agree to abide to the Code of Conduct of the Institute and accept that the examination results released
by the Board of Examiners is final.
Applicant:
Date:
CONTACT US
institute of enterprise risk practitioners
Menara Mitraland, D-19-07, No. 13A, Jalan PJU 5/1, Kota Damansara, PJU 5, 47810 Petaling Jaya, Selangor Darul Ehsan, Malaysia.
+603 2714 6170
+603 7611 0707
www.insterp.com
haziq@insterp.com