How you’d get this certificate
- Zavmo teaches you. You learn the units one-to-one with an AI tutor, on your own work.
- You register with an approved centre. That is a college, training provider or employer Institute of Risk Management has approved to offer this qualification. Zavmo is not an approved centre, so you register with them, not with us.
- The centre assesses, and Institute of Risk Management awards. A qualified assessor at the centre judges your evidence, and the certificate comes from Institute of Risk Management.
The International Certificate in Enterprise Risk Management is the ideal qualification for anyone looking for a solid foundation in the theory and practice of effective risk management. There’s never been a better time to get qualified in risk management, help organisations with the economic recovery post-Covid-19 and increase your earning potential and career prospects.
These are the units Institute of Risk Management registers against this qualification. It is a catalogue, not a syllabus. Which of them you take depends on the combination the qualification requires, and that is set by the awarding body rather than by us. Every unit here is regulated. Zavmo teaches towards them on your own work, and work done here is recognised as prior learning under the agreements we hold.
Zavmo is not an awarding body, is not an approved centre, and is not affiliated with Institute of Risk Management. It does the teaching and the mapping. Institute of Risk Management sets this qualification and awards it, and a qualified human assessor makes the assessment decision.
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What each unit actually teaches you to do
Approaches to risk management Real unit · Institute of Risk Management
What you'll be able to do
- Examine the purpose and approach to managing risk from an individual's perspective in the banking field
- Examine the purpose and approach to managing risk from an individual's perspective in the insurance field
- Examine the purpose and approach to managing risk from an individual's perspective in the Information Technology field
- Examine the purpose and approach to managing risk from an individual's perspective in the Health and Safety field
- Examine the purpose and approach to managing risk from an individual's perspective in projects, programmes and portfolios field
- Examine the purpose and approach to managing risk from an individual's perspective in the supply chain field
- Examine the purpose and approach to managing risk from an individual's perspective in the legal field
Corporate governance and risk assurance Real unit · Institute of Risk Management
What you'll be able to do
- Examine different corporate governance models of organisations
- Understand the impact that board structures have on organisations' approaches to risk management
- Examine the regulatory influences on risk management of organisations
- Examine the roles and responsibilities of the board for risk management
- Understand the role and purpose of internal and external assurance on the control of risks in organisations
Key concepts in risk management Real unit · Institute of Risk Management
What you'll be able to do
- Compare and contrast the core concepts of risk and risk management, utilising a range of different recognised approaches and perspectives.
- Examine the key developments and milestones in the evolution of risk management as a discipline and practice.
- Understand the significant influence of enterprise risk management (ERM) on an organisation's strategic planning, governance structures, and overall resilience to potential disruptions.
- Review the approaches to and integrations of different risk management specialisms (e.g., financial risk, operational risk, compliance risk) within an organisation's broader risk management framework.
- Examine different international risk management standards and approaches, such as ISO 31000 and COSO, and their application in various organisational settings.
Managing, monitoring and reporting risks Real unit · Institute of Risk Management
What you'll be able to do
- Establish the criteria that define a real and effective control in the context of managing risks within an organisation.
- Understand how to evaluate the effectiveness of existing controls in order to determine the extent to which risks are being adequately managed.
- Understand the processes and techniques involved in monitoring risks to ensure they remain within acceptable levels.
- Distinguish between the specific risks, controls, and underlying processes that require review and improvement within an organisation's risk management framework.
- Examine the methods and channels used for reporting risks to both internal and external stakeholders, ensuring transparency and accountability.
- Understand how different risk decision-making styles within an organisation are linked to its overall risk appetite, risk tolerance levels, and prevailing risk culture.
Resilience Real unit · Institute of Risk Management
What you'll be able to do
- Examine the role of risk management in achieving and maintaining organisational resilience.
- Examine the potential disruptors that an organisation may face.
- Understand the role of risk management in supporting agility and innovation within organisations.
- Determine the most appropriate risk management tools to test the resilience of an organisation.
- Understand the purpose and content of organisations' viability statements.
Risk context, objectives and assessment Real unit · Institute of Risk Management
What you'll be able to do
- Examine an organisation's internal and external contexts, including its strategic objectives and operating environment.
- Understand the importance of framing objectives and key performance indicators (KPIs) in relation to risk management.
- Examine the risks faced by an organisation using risk articulation and risk identification techniques.
- Establish the significance of the identified risks, linked to risk appetite and tolerance, using a variety of techniques.
Risk culture and appetite Real unit · Institute of Risk Management
What you'll be able to do
- Understand the value of risk culture for organisations
- Examine the influence of people on the risk culture of an organisation
- Examine the risk culture model of an organisation
- Understand how to measure a successful risk culture of an organisation
- Examine the risk appetite, risk tolerance and capacity of an organisation
- Examine risk appetite statements of organisations
- Examine the risk appetite criteria and trigger points of an organisation and how these are monitored
Risk management and strategy Real unit · Institute of Risk Management
What you'll be able to do
- Examine the key elements of an organisation's overall strategic objectives and how they relate to risk management.
- Understand the interconnectedness between risk management practices and the strategic direction of organisations, recognising how risk can both threaten and enable strategic goals.
- Appraise different risk management strategy models and frameworks commonly used by organisations, evaluating their strengths and weaknesses in various contexts.
Risk management competencies Real unit · Institute of Risk Management
What you'll be able to do
- Understand the professional competencies, and technical and behavioural skills required for risk managers and individuals involved in the risk management process.
- Understand the road maps available for developing risk management competency.
- Examine the specific skills needed for facilitating an effective risk workshop.
- Understand the data analysis skills required by risk managers and individuals involved in the risk management process.
- Evaluate the need for risk management professionals to influence decisions and actions effectively.
- Understand the value that a risk management professional brings to an organisation.
Risk maturity - Embedding and maintaining a strong risk management culture Real unit · Institute of Risk Management
What you'll be able to do
- Understand the key elements of risk management maturity.
- Examine the interconnectedness of risks and the importance of integrating risk management across the organisation.
- Understand the steps an organisation can take to achieve risk management maturity.
- Understand how organisations can continually improve their risk management practices by effectively managing change.
Strategic planning for Enterprise Risk Management Real unit · Institute of Risk Management
What you'll be able to do
- Examine the fundamental principles and key attributes that underpin effective risk management practices within organisations.
- Develop a comprehensive and effective risk management strategy tailored to the specific needs and objectives of an organisation.
- Understand the various stages and components of risk management processes, from identification and assessment to mitigation and monitoring.
Sustainability Real unit · Institute of Risk Management
What you'll be able to do
- Understand the role of risk management in ensuring organisational sustainability.
- Examine the evolution of sustainability as a business concept.
- Understand the role of risk management in enabling the sustainability of an organisation's operations and strategy.
- Understand the impact of climate change risk management on an organisation and its stakeholders.
The national standards these units are built against
What the job actually needs, in the words employers and awarding bodies already use for the work itself.
- Standard
Assess, Analyse and Evaluate Risks
- Standard
Determine the organisation’s approach to risk
- Standard
Develop and maintain relationships relevant to risk management in a financial services organisation
- Standard
Establish and maintain transparent and formal structures and policies in relation to risk and internal controls
- Standard
Identify and assess the risks inherent in the organisation’s business model
- Standard
Identify, analyse and assess risk
- Standard
Manage risks relating to data and information in a health context
- Standard
Manage, monitor and report risk
- Standard
Monitor the organisation’s exposure to risk and the key risks that could undermine its strategy, reputation or long-term viability
- Standard
Oversee the effectiveness of management’s internal controls and mitigation processes and monitor organisational compliance
- Standard
Report, treat and monitor risks
- Standard
Reporting to stakeholders on risk, the mitigation of risk and internal control
- Standard
Set and instil the right culture throughout the organisation
The jobs these credits are mapped to
A qualification is never a dead end here. Each of these is a job record this qualification is a mapped route into.
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Showing 6 roles, drawn from 202 job records mapped to this qualification. Near-identical records are folded together, and each row says how many it stands for.
Where this can lead
Risk Governance Officer
This work can lead towards senior risk leadership, deeper specialism in risk architecture, or roles in compliance and quality.
See the whole journeyThe credits, and who awards them
Level 5 credits are regulated, and they are awarded by Institute of Risk Management rather than by Zavmo. They don’t vanish when a subscription ends or a website closes. They travel to any employer, and Zavmo keeps the map of what you have covered and what is next.
What you would be collecting
Approaches to risk managementCorporate governance and risk assuranceKey concepts in risk managementManaging, monitoring and reporting risksResilienceRisk context, objectives and assessmentRisk culture and appetiteRisk management and strategy
Each one is a real unit registered against this qualification.
How you’d practise it
You don’t watch this. You do it.
You are not assessed on remembering this. You are assessed on applying it, analysing it, evaluating it and producing something. So that is what the practice is: projects, role play and your own live cases, with a tutor in the room.
The Coach · your practice partner Illustration - Pitch it Evaluate
“Strategic planning for Enterprise Risk Management” gets practised as a pitch. You make the case out loud, Zavmo asks the question the room would ask, and you make it again.
- Draft the real one Create
You do “Managing, monitoring and reporting risks” on a real document of your own. Zavmo works on the draft you have to send anyway, so the coursework and the job are the same piece of work.
- Lead it Apply
“Approaches to risk management” is practised on the team you actually have. You talk through the call you are about to make, and Zavmo makes you say it the way you would say it to them.
What you leave holding
The standards this credential builds, in the shape the product keeps them
Nothing here is marked learned. There is no learner on a public page, so the map shows what the qualification covers rather than what anybody has done.
- Assess, Analyse and Evaluate Risks
- Determine the organisation’s approach to risk
- Develop and maintain relationships relevant to risk management in a financial services organisation
- Establish and maintain transparent and formal structures and policies in relation to risk and internal controls
- Identify and assess the risks inherent in the organisation’s business model
- Identify, analyse and assess risk
- Manage risks relating to data and information in a health context
- Manage, monitor and report risk
How you would learn this
One to one, on the work you already do
A tutor sets the task against your own job and marks the reasoning, at your pace. There is no cohort to fall behind.
A lesson from Approaches to risk management, one of this qualification's own units.
Applied to your work in any of these jobs
This unit enables learners to explore risk management approaches from an individual's perspective across banking, insurance, Information Technology, and Health and Safety sectors. Learners will understand specific risk considerations and management techniques relevant to each field.
- 1 Remember
- 2 Understand
- 3 Apply
- 4 Analyse
- 5 Evaluate
- 6 Create
It is £70 a month, billed monthly. Your free first module is Future Fluency, and you can cancel any time. Teaching towards this qualification begins when you subscribe.
Built for IRM's Level 5 International Certificate in Enterprise Risk Management
12 units in this credential, in the order it lists them, awarded by Institute of Risk Management.
- Approaches to risk management
- Corporate governance and risk assurance
- Key concepts in risk management
- Managing, monitoring and reporting risks
- Resilience
- Risk context, objectives and assessment
and 6 more in the full unit list below.
Free tools
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Learned on your own work, taught one-to-one.
Everything you just read, learned one-to-one on the job you already do. Your free first module is Future Fluency, so you can see how the teaching works before you pay for anything.
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The title, level, credits, guided learning hours and unit learning outcomes on this page are taken from the Ofqual Register of Regulated Qualifications. Contains public sector information licensed under the Open Government Licence v3.0. Where this data comes from.