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Risk Management Training Package – IIRSM-approved online courses for staff

Ensure your company understands the necessary procedures for managing risk. Our risk management courses teach employees the importance of risk management and how to apply the essential principles to your industry.

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Ensuring compliance e-learning success for our customers

100%

Course completion rates for employees at global insurance company MS Amlin.

313%

Increase in learning and development activities at Kentro Capital.

342%

Increase in learning sessions per user at multinational retailer Tesco.

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Your partner in compliance and risk management

Choose Skillcast to benefit from IIRSM-accredited e-learning modules and a comprehensive training library comprising risk management fundamentals.

By opting for our risk management courses, you’ll have the tools to measure learning effectiveness and address knowledge gaps, alongside regularly updated courses to upskill your staff. Looking for a more customised training plan to suit your company’s needs? Our bespoke course options might be for you.

Explore our bespoke plans

About our learning styles

In-depth

These are our more detailed e-learning courses that include practice scenarios and typically last between 25 and 45 minutes.

Refresher

These targeted courses help reinforce your employees' knowledge and notify them of any updates they might not be aware of. These typically last between 15 and 20 minutes.

Express

Our focused training courses deliver employee learning in smaller chunks, typically lasting between 10 and 15 minutes.

Microlearning

These bite-sized animated training videos can be delivered as: standalone, embedded in detailed e-learning courses, or compiled into a learning path.

The learning outcome was so critical — I couldn’t trust anyone else.

Scott Morris, SVP Global Compliance
Major Italian banking group

Read their story

Explore our risk management courses

Introduction to Risk

In-depth 30 Minutes All staff

In order to fully understand the nature of the risks that your company faces, risk needs to be described in terms of events, causes and consequences.

The Three Lines of Defence

In-depth 45 Minutes All staff

The Three Lines of Defence Model outlines a systematic approach to help businesses clarify the roles and responsibilities necessary to manage risks.

Business Continuity Management

In-depth 40 Minutes DORA All staff

Despite the best risk management efforts, some events will be beyond your control, and your Company needs to plan for them accordingly.

Risk Management

In-depth 45 Minutes All staff

Most companies seek to nurture a healthy risk culture where everyone across the organisation understands their responsibilities for managing risk.

Operational Risk

In-depth 50 Minutes DORA All staff

Our Operational Risk Course will help your employees understand companies' common operational risks, including legal and compliance risk, third-party risk and cyber risk.

Risk Assessment

In-depth 45 Minutes All staff

The output of a risk assessment helps determine a firm's risk appetite and approach to risk management.

Cyber Risk

In-depth 45 Minutes All staff

Cyber risk has become an increasingly important part of the business landscape that relies on digital technologies to deliver products and services.

Third-Party Risk

In-depth 30 Minutes All staff

Third-party risk is a form of operational risk and includes the risk that arises from relationships with third-party providers such as suppliers, contractors and other business partners.

Risk Appetite

In-depth 40 Minutes All staff

Attitudes to risk can vary considerably across a spectrum of risk-taking.

Risk Treatment

In-depth 40 Minutes All staff

Risk treatment refers to when a firm applies risk controls and other strategies in response to risk.

Risk Identification

In-depth 45 Minutes All staff

Risk identification is a process carried out to obtain a holistic view of the risks a company is exposed to.

Risk Reporting

In-depth 40 Minutes All staff

Risk reporting is the final step in the Management of Risk framework.

Risk Monitoring

In-depth 40 Minutes All staff

Risk monitoring is within the broader ecosystem of the risk management process.

Business Travel Risk

In-depth 45 Minutes All staff

Business travel risk management is fundamental for organisational resilience and business continuity management.

Credit Risk for Financial Firms

In-depth 40 Minutes All staff

Credit risk is a form of financial risk.

Credit Risk for Non-Financial Firms

In-depth 40 Minutes All staff

Credit risk is a form of financial risk that all companies are exposed to.

Developing Secure Applications

In-depth 45 Minutes All staff

The process of software and system development is constantly evolving, with increased automation and integration.

ESG Risk

In-depth 45 Minutes All staff

The three critical dimensions of Environmental, Social, and Governance (ESG) are foundational to ethical business operations.

Continual Improvement of Risk Management

In-depth 40 Minutes All staff

Risk management needs to be continuously improved through learning and experience.

Physical and Personal Security Risk

In-depth 30 Minutes All staff

Our Managing Physical Security Risk course will help your employees to understand physical security risks.

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Your central portal for managing compliance

The Skillcast Portal provides everything you need to handle your compliance e-learning with confidence. Available in Standard, Enhanced, or Premium plans, the Skillcast Portal is a data-led, holistic solution that allows you to track progress and demonstrate compliance to regulators. Plus, you can choose to elevate your compliance e-learning with our comprehensive Learning Management System or use your own. Looking to learn more about the Skillcast Portal?

Read how we helped Jupiter to elevate their training efficiency with risk analysis

Common risk management questions

How does conduct risk differ from compliance risk?

Conduct risk focuses on behaviour and outcomes, how actions affect customers and markets -  while compliance risk relates to failing to meet legal or regulatory requirements. Conduct risk is broader and more subjective, often tied to culture and ethics.

Who is responsible for managing conduct risk within a firm?

While senior leadership sets the tone, managing conduct risk is a shared responsibility across all levels, from front-line staff to compliance teams. Everyone plays a role in identifying and mitigating risky behaviour.

Can conduct risk exist in non-financial sectors?

Yes. Although the FCA regulates financial services, conduct risk principles apply across industries. Any business that interacts with customers or influences markets can face conduct-related challenges.

How can technology help reduce conduct risk?

Tools like automated monitoring systems, AI-driven analytics, and e-learning platforms can help detect risky patterns, reinforce ethical behaviour, and ensure consistent training across teams.

How often should proliferation financing risk assessments be updated?

Best practice suggests reviewing risk assessments annually or whenever there are significant changes in business operations, customer profiles, or geopolitical developments.

Why is risk scoring important for my business?

Identifying potential risks around your business is not enough. Tracking how your company manages them helps you implement policies to prevent them. The best way to get started is with a risk scoring matrix.

What is a risk scoring matrix?

A risk scoring matrix helps identify the level of risk for specific activities, such as personal data. By measuring the likelihood of something happening against how serious the consequences would be, it helps you see which areas to focus on. And what policies or procedures to put in place.

Are Skillcast courses SCORM-compliant?

Yes. This means they can be delivered via the Skillcast Portal or any other SCORM-compliant Learning Management System.

What other tools are needed beyond training?

A comprehensive compliance solution often needs more than just training. Alongside e-learning, tools like declarationssurveys, and registers that track compliance tasks are usually essential. Skillcast provides full support to help you set up these additional tools.

Is our training content still compliant with the latest legislation?

  • You can check the latest course content updates in our library updates page: https://www.skillcast.com/compliance-course-library-updates
  • For major legislative changes, we:
    • Will send you email alerts to ensure you are notified
    • Offer you a free trial of newly created or updated content
    • Host webinars with compliance experts to explain the changes and how our training supports your ongoing compliance

Can you translate our content into other languages?

Yes, we offer translations in a wide range of languages. Let us know your needs, and we’ll confirm availability or work with you to plan translations for your selected modules.

What file types are supported by the Skillcast system?

Features

Supported file types and details

File Exchange

File types: PDF, Excel spreadsheets, Word documents, SCORM and xAPI files, and compressed zip files. Max file size: Default is 1GB, can be increased to a max of 2GB

SCORM files

Versions: SCORM 1.2, SCORM 1.2 for Moodle, SCORM 2004 2nd, 3rd and 4th Edition. Max file size: 1024MB

xAPI file

Max file size: 2GB

Videos

File types: MP4 or MOV. Videos must be optimised, with a max file size of 100MB. If the file is bigger, our Design Team can help

Images

File types: jpg, png and gif. The file size should ideally be 100KB, but it can be up to 250KB

CPD evidence

File types: Word, PDF, Excel and CSV. File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB

Policy documents

PDF or Word File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB

Offline activities evidence

File types: PDF, DOC, DOCX, XLS, XLSX, CSV, PNG, GIF, JPEG, JPG, PPTX and MSG. File size: the limit should be whatever the portal config option is set to. Servers are set to max 2GB

Client logo files

File types provided by client: EPS, PDF, AI and SVG

Registers

PDF, DOC, DOCX, XLS, XLSX, CSV, PPT, PPTX, POT, PPA, PPS, JPG, JPEG, PJEPG, PNG, BMP, GIF, MP4, MOV, WMV, CPTX, CP, TXT, ZIP and MSG files

Declarations

JPG, JPEG, PNG, GIF, XLS and XLSX files