Uncertain events can nowadays more than ever jeopardize functioning of organizations and prevent them from achieving their goals. In this context risk management is important tool in managers’ hands that helps them deal with risks but public sector organizations still find it challenging to set up and maintain a robust risk management system. It should be of their prime interest to recognize risks (and opportunities), manage them, and set up controls that assure organizational objectives are achieved.
Taking part in this learning initiative, participants will increase understanding of how to deal with risks and how to set up risk management processes. It will offer an opportunity for discussing prerequisites for an efficient risk management process and practicing risk-related matters, such as identification and assessment of risks.
What you will learn
The event will address the following topics:
- How to support and facilitate a risk culture
- Risk management: how to identify, assess, treat, and monitor risks
- What are top risks in organizations
- How to establish effective risk management processes
- What should the cooperation between a risk manager and an internal auditor entail
The learning initiative will combine introductory presentations with group discussions and case study work that will represent the main part of this participatory learning event. Combining regional and international top notch experts will enable participants to discuss the latest novelties in risk management, while being in touch with regional experiences and realities. Participants will also be able to maximize their learning by problem solving exercises.
How you will benefit
This learning initiative has been redesigned to meet the needs of risk managers, those who intend to establish a risk management in their organizations with special focus on South East Europe.
It will focus on practical experiences and approaches for establishing a risk management processes. Based on case study work, attendees will benefit from practicing all important elements which will help them to come up with a priority list of risks.
By the end of the workshop, participants will be able to:
- Explain how to justify and promote risk management processes within public sector organizations
- Describe the key characteristics of a proper risk culture
- Recognize and apply proper risk management tools for risk identification and risk assessment in their organizations
- Explain the most important risks that organizations face today
- Recognize and describe possible ways of effective risk management process in their organization
- Decide on how to implement risk management processes in their organization
- Recognize how to share work between managers and internal auditors
Who should attend
The event is designed for those public officials who intend to deal with risk management processes and for managers who are dealing with risks.
Internal auditors, as the third line of defence, and other public finance officials who will undertake those activities in the future, are welcome to apply as well.
Requirements
As the event will be held in ENGLISH with no translation, participants should have a good command of English.
The workshop will be highly participatory. Participants are encouraged to be active in discussions and exercises throughout the whole program of the event.
Faculty
Jean-Pierre Garitte, Trainer and Consultant, Belgium
Mr. Jean-Pierre Garitte has been an international governance, risk management and internal audit trainer and consultant for 39 years. In a previous position he was for more than 20 years the Director of Internal Audit at J. Van Breda & Co, a financial holding company based in Antwerp, Belgium.
He is specialized in the strategic assessment and reengineering of internal audit functions. He has undertaken assessments of internal audit functions on behalf of the Institute of Internal Auditors, the World Bank, and the European Commission. Jean-Pierre has trained numerous professional internal auditors in Asia and Europe
He is Professor in Corporate Governance, Internal and Information Systems Auditing at the University of Antwerp Management School (AMS). He was a visiting professor at the Erasmus University in Rotterdam and at the South Bank University in London. He has been advising Boards of Directors and Audit Committees in Belgium, Germany, Thailand, Malaysia, Romania, Slovenia, and Turkey. He has been training and developing internal audit departments in Belgium, Hungary, Poland, Romania, Turkey, Malaysia, Thailand, Greece, Morocco, Russia, and Tunisia. He has also lectured at several European, Middle East, Asian, North and Latin-American internal audit conferences. He is a European Union expert for restructuring projects in Eastern Europe and Central Asia.
At the European level he has been for six years the President of the European Confederation of Institutes of Internal Auditing (ECIIA). For three years, he has also been the Chairman of the Asian Confederation of Institutes of Internal Auditing (ACIIA), representing the profession in the Asia-Pacific Region
He currently advises parliaments, national audit offices and ministries of finance on new legislations. One of his focuses is to run review courses which help candidates to prepare for the global certification programs CIA and CGAP. Jean-Pierre is an accredited trainer with the Internal Audit Service (IAS) of the European Commission.
He holds a University degree (licentiate) in Commercial and Financial Science and a Master degree in Accountancy. He is a Certified Internal Auditor (CIA), a Certified Accountant (CA), a Certified Information Systems Auditor (CISA), a Certified Fraud Examiner (CFE), a Registered Forensic Auditor (RFA) and holds a Certification in Control Self Assessment (CCSA).
Being a native Flemish, he is fluent in French, English and German, and also feels comfortable in Spanish and Portuguese.
He is the Past Chairman of the Board of the international Institute of Internal Auditors (IIA). His leadership theme “Building Bridges” focused on increasing public awareness of corporate governance issues in internal auditing, generating ideas and opinions with regard to the profession, and supporting internal auditors worldwide from a proactive perspective.
Tina Toman Pfajfar, Deputy Director and the Head of the On Site Inspection Section, Insurance Supervision Agency, Slovenia
Ms. Tina Toman Pfajfar is Deputy Director and also the Head of the On Site Inspection Section at the Insurance Supervision Agency. In the past she was the Director of Internal Audit Service at the Slovenian KD Life Insurance Company. She also worked for the Ministry of Finance of the Republic of Slovenia where she held a position of the Head of Internal Audit Service. Her main responsibilities included risk based internal auditing, providing assurance to the Minister (or Board) about the risk management and internal control system, preparing a Manual for the Internal Audit Service, PIFC, and others.
She is the president of the Internal Audit Committee at the Slovenian Institute of Auditors and vice president of the Slovenian Chapter of the IIA – Institute of the Internal Auditors.
She is Certified Internal Auditor at the Slovenian Institute of Auditors, State Internal Auditor at the Ministry of Finance, State Auditor at the Court of Audit of the Republic of Slovenia and she has a Certification in Risk Management Assurance (CRMA) at The Institute of Internal Auditors.
Application procedure
Application Closing Date: Nov 9,2015
