Risk matrices are used during risk assessment to define the various levels of risk as the product of the probability and impact categories. This webinar training will focus on this simple but powerful mechanism to increase visibility of risks and assist management decision making. Risk matrices are one of the most widespread tools for risk evaluation.
Why Should You Attend:
Risk is the product of two factors: likelihood of occurrence and impact upon occurrence. A risk matrix provides a compelling visual representation of these two factors and the overall risks. They are used to produce heat maps that represent the amount of inherent and residual risk either existing or projected for an entity or initiative being evaluated.
This webinar will assist attendees in designing your own risk matrix and in using your risk matrix for discussing tolerance levels and to determine priority risks.
Areas Covered in the Webinar:
Who Will Benefit:
Physical CD-DVD of recorded session will be despatched after 72 hrs on completion of payment
Recorded video session
Mario Mosse has over 40 years of experience in enterprise risk management, internal audit and regulatory compliance at financial services companies. He is the president of MMosse Consulting, LLC, where he provides risk management advice and training to the financial services industry. Previously, he was the head of Operational Risk Management at Prudential Financial, Inc. and with The Chase Manhattan Bank, where he held several senior positions in risk management and internal audit.