×

Certified Risk Analyst (CRA)

Risk assessment, Certification, Risk Analyst, ARiMI

Certified Risk Analyst – ARiMI-CRA™

5-DAY LIVE Online Program @ ARiMI Learning Management Portal Open for Registration NOW: 17 – 18 May and 21 – 23 June 2021

 

Modern Organisations have now to operate in global business environment fraught with exponentially increasing volatility and complexity. There are risks regardless of whatever path and activities are pursued. The key question is: “How can I make confidently major strategic and operational decisions in a way that optimize the balance between opportunity and risk?” To answer that question, you will need to build a risk mapping and profiling model that relates clearly organizational performance with risk management.

Hence, the essential purpose of the ARiMI-CRA™ program is to equip participants with the methodologies and tools necessary to conduct comprehensive assessment and mapping of risks profiles in projects and organisations. The program aims to develop highly effective Risk Analysts able to identify, analyze and manage Risks and Opportunities to ensure optimal level performance level for their organisations.

Learning OBJECTIVES

The aim of the program is not just for participants to acquire new knowledge and get a certification, but also to develop the capabilities to apply that knowledge effectively to resolve their organization risk management challenges. Consequently, ARIMI-CRA™ graduates will:

  • Objective 1: Understand RISK. Build an in-depth and dynamic understanding of the factors that influence the emergence of risks and opportunities in organizations in today’s global economic, regulatory and cultural context
  • Objective 2: Build a stronger RISK ASSESSMENT process. Acquire a practical, comprehensive and cross-disciplinary knowledge (from strategy, finance to psychology) of Risks/Opportunities identification, mapping methodologies and tools to design a risk assessment process that make threats and opportunities (including “Black Swans”) more visible and measurable so that they can be analysed effectively.
  • Objective 3: Conduct RISK DIAGNOSTIC. Develop a practical knowledge of effective risk analysis and mapping tools (quantitative & qualitative), as well as the analytical ability to turn data into information to support for effective strategic and operational decision-making
  • Objective 4: Master RISK COMMUNICATION. Develop the skills to communicate risk information to various groups of stakeholders, while considering the cultural and psychological factors that influence how people make decisions
  • Objective 5: Improve CORPORATE PLANNING & DECISION-MAKING. By promoting the allocation of scarce resources to the relevant risk/opportunities issues highlighted through the application of appropriate Risk Assessment methodologies & tools.

Modular Structure for LIVE ONLINE LEARNING in REAL TIME

There are 2 intakes per year, with each intake scheduled over 2 months.
With our program now available on our newly launched ARiMI Learning-Training Management Portal, our participants are able to attend the highly popular Risk Management Certification program from the comfort of their homes or offices, without the need to travel to Singapore!
You can complete all 4 modules either LIVE ONLINE or BLENDED format, i.e. LIVE ONLINE with 1 or 2 modules ONSITE.
(NOTE: BLENDED format is currently put on hold till advised).

Please refer to the Calendar for the dates specially catered for overseas participants.

Who should JOIN the Program?
What are the BENEFITS of the Program for You & Your Organization?
What are the Program ELIGIBILITY REQUIREMENTS?

 

Program Modules & Content

 

There are 2 ARIMI-CRA™ intakes per calendar year, taking place in Singapore. This modular program structure provides a flexible LEARNING PACE enabling busy professionals to balance Work and Study effectively.

The ARiMI-CRA™ program provides a comprehensive and structured learning path both in scope and depth covering the field of Risk Analyst.

The Essentials of Enterprise Risk Management
RLM1 Risk-Taking & Value Creation Management in Organization – Principles,Theory & Practices
1 day
RLM2 Business Ethics,Social Responsibility & Corporate Value Sustainability
1 day
The Key Steps of the Risk Assessment Process
REM1 Risk Assessment & Corporate/Project Value Profile Diagnostic
2 days
REM2 Risk Learning, Communication & Decision Making
1 day

 

The Learning Journey Towards Certification

The learning journey towards certification consists essentially of the 3 steps described below:

Program Assessment

To obtain the Certification, participants are required to pass successfully the different assessment components required to qualify for accreditation purposes. Assessment is necessary to ensure the quality of the graduates by reviewing the candidate’s ability to meet the requirements of the professional competency standards.

Requirements to be Fulfilled by Candidates When Seeking ARiMI-CRA™ Certification

 

Program Certification

Upon completion of the program’s requirements for the workshop modules, assignments and examination, candidates will be awarded the:

  • Certified Risk Analyst (ARiMI-CRA™) Designation

Continuous Professional Development: Complete the ARiMI LECP™ Learning and Competency Standards by Progressing to ARiMI-CPRM™ after ARiMI-CRA™

For Your Next Step in Professional Learning Development

 

Program Calendar Overview for 2021

 

There are 2 ARIMI-CRA™ intakes per calendar year, taking place in Singapore. This modular program structure provides a flexible LEARNING PACE enabling busy professionals to balance Work and Study effectively.

Session Trimester Period
CRA-AX– : from — till —
CRA-AX44 : from 17 May 2021 till 9 July 2021
CRA-AX45 : from 28 Sep 2021 till 8 Nov 2021
Legend
Modules for CRA-AX–
Modules for CRA-AX44
Modules for CRA-AX45
Public Holiday

JANUARY 2021

SUN
MON
TUE
WED
THU
FRI
SAT
31
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

FEBRUARY 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

MARCH 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

APRIL 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

MAY 2021

SUN
MON
TUE
WED
THU
FRI
SAT
30
31
1
2
3
4
5
6
7
8
9
10
11
12
13
14

ORNT

15
16
17

RLM1

18

RLM2

19
20
21
22
23
24
25
26
27
28
29

JUNE 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21

REM1.1

22

REM1.2

23

REM2

24
25
26
27
28
29
30

JULY 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9

EXAM

10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

AUGUST 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

SEPTEMBER 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

OCTOBER 2021

SUN
MON
TUE
WED
THU
FRI
SAT
31
1
2
3
4
5
6
7
8
9
10
11

ORNT

12

RLM1

13

RLM2

14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

NOVEMBER 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

REM1.1

16

REM1.2

17

REM2

18
19
20
21
22
23
24
25

EXAM

26
27
28
29
30

DECEMBER 2021

SUN
MON
TUE
WED
THU
FRI
SAT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

*Accelerate Risk LEADERS Master Class. This option is only open to participants who do not live in Singapore or have missed the intake that starts with module RLM1.
Please note that courses and dates are subject to change.

 

Course & Exam Fees

The table below provides the relevant detailed information about the program and exam fees.

Comprehensive ARiMI-CRA™ Program Package
ONSITE Published Course Fee S$4,125 nett
LIVE ONINE Published Course Fee S$3,455 nett
Workshop sessions and facilitation
Course contents guides and instructional materials for future reference
Templates of key risk management tools
Interaction with risk management peers
Finger food and Coffee breaks during workshop days
Forum with Risk Experts
Quarterly networking events to meet peers and alumni from previous batches
Complimentary AFFILIATE membership to ARiMI SCALE Network (alumni community)
Exam Fee SGD 295 nett

NOTE:
The above-mentioned activities and items are subject to change.
With ARiMI NEW Learning-Training Management Portal, you can now attend ARiMI programs LIVE Online, from the comfort of your home or office!

ARiMI Grants are also available for application.
Please contact us for more information.

 

Grants & Discounts Available

There are discounts available and ARiMI Grants open for application. Discounts are not applicable to examination fees. Please note that all discount offers CANNOT be combined with any other offers, including ARiMI Grants.

CLICK HERE for Company-Sponsored Registrants
CLICK HERE for Self-Sponsored Registrants

 

IMPORTANT NOTE:

  • If Registrant is self-sponsored, payment of fees cannot be made by any company account
  • Registrants are entitled to only one category of discount. All discount offers cannot be combined with any other offers.
  • Discounts are not applicable to examination fees.
  • *ARiMI is not affiliated with any banks or financial institutes. All loan applications are subject to underwriting guidelines and approval of the bank or financial institute. This does not constitute an offer to lend. ARiMI shall accept no responsibility or liability for damage or loss or any unsettled loan amount incurred by any participant.

Participants Profile

 

Participants are coming from a wide range of industry bringing a wealth of perspectives on critical Risk Management issues and illustrating the critical importance of effective Risk Management for every industry sectors and job funtions. Take this opportunity to build your network with a peers group of risk professionals from a wide range of industries and learn from direct industry experience in managing Risks.

Profile for ARiMI CRA Participants
 


Group Profile Snapshot

  • Strong academic background
  • International exposure & mindset
  • significant business experience
  • Age range: 20’s and early 40’s
  • Strong leadership potential and maturity

 


Testimonials from Past Participants


Testimonials for ARiMI CRA Certification
For more TESTIMONIALS from our graduates, click here


Corporate Sponsors

Majority of the participants of the ARiMI-CRA™ programs are sponsored by their organisations and you can find these graduates in many industry sectors and organizations around Asia:

Corporate support is an important factor to the success of the participants attending the ARiMI-CRA™ program. As such, formal corporate endorsement is welcome for the application submitted by candidates and will allow the organization to generate more value from the ARIMI-CRA™ program.

Partnering with ARiMI

Should you wish to work more closely with us to ensure that both your employees and your organization can reap the maximum benefits from the program, simply contact us for more information.

Learning Methods, Format & Environment

 

How you learn is as important as What you learn

We know that square pegs don’t fit into round holes! That people with different background and experiences react and learn differently. Hence, to support effective learning, our Programs are structured around the following Learning Principles:

1. Interactive EXPERIENTIAL Learning Format
2. Build PRACTICAL Knowledge & Skills
3. Provide BLENDED Learning Formats
4. Foster Learning OWNERSHIP & Peer EXCHANGE
5. Start a LIFE-LONG Learning Process
6. Allow FLEXIBLE Learning to Combine Work & Study

 

Expert Program Faculty & Guest Speakers

For the ARIMI-CRA™ program, participants will have the advantage of learning directly from a Thought Leader in the field of risk management, Marc RONEZ. Marc is an highly credentialed practitioner, well-known speaker, skilled educator, groundbreaking researcher and entrepreneur.

We also invite recognized experts and business leaders to share their experiences during special sessions or segments of our workshops. Hence, our trainers and guest speakers will bring to the participants a wealth of knowledge and practical experience that will provide a lot of insights on how to answer practical work challenges.

For more information, click on the name of the faculty for this program below:


  • Register

  • Brochure

  • Contact

  • Calendar

INQUIRY?

If after checking through our website, you have any more questions related to ARiMI and our programs, we are here to assist you.

Contact Us
Risk LEADERS Module – RLM1
Risk-Taking & Value Creation Management in Organizations - Principles, Theory & Practices
Managing Uncertainty & Creating Value for Your Organisation with Enterprise-wide Risk Management

 

Synopsis

This introductory module provides a framework in developing a dynamic vision of risk management called Enterprise-wide Risk Management (ERM), and a roadmap to understand the reasons for the emergence, the current scope & purpose of Enterprise-Wide Risk Management Principles, Methodologies and Tools. Definitions of risk, risk maturity model, role function and benefits of risk management, Corporate Governance, Stakeholders, the risk management models in use around the world and how to implement them successfully!

Click here for more information about the module

Risk LEADERS Module – RLM2
Business Ethics, Social Responsibility & Corporate Value Sustainability
Leverage the CSR Agenda to Develop a Moral Code of Conduct to Manage Risks & Create Shared Value

 

Synopsis

In a world where there is no clear moral compass to guide leaders through dilemmas about what is right or wrong when managing Risks and Opportunities. This module explores the complex ethical and social dimensions of business and provides a framework that will help participants make and justify difficult decisions. It further explores how to build a Business Model based on CSR to create shared-value through a positive impact of an organization's activities on the environment, consumers, employees and other stakeholders.

Click here for more information about the module

Risk LEADERS Module – RLM3
Innovation, Change & Project Risk Management
Drive Projects Successfully with Risk Management

 

Synopsis

This information-packed module covers the fundamentals of project risk management. You will learn how to establish and implement a structured approach to forecast, monitor and manage risk factors for projects, large and small. You will also learn how you can communicate effectively and share the responsibility of managing project risks with your team members, customers and management.

Click here for more information about the module

Risk EXPERTS Module – REM1
Risk Assessment & Corporate/Project Value Profile Diagnostic
Risk Assessment Methodologies for Strategic & Operational Risk Mapping

 

Synopsis

Modern organisations are now confronted to an increased level of volatility and complexity in today's global business environment. And to make effective decisions, you will need to conduct a proper diagnostic of the risk profile of your organization. This module will introduce our Value and Risk mapping model, highlights the benefits, and summarizes the method of identifying, analysing risks and developing risk maps. It will also describe several applications, some pretty unconventional, for risk mapping in an organisation.

Click here for more information about the module

Risk EXPERTS Module – REM2
Risk Learning, Communication & Decision Making
A practical Guide to Master Communication of RIsk Information & Enable Effective Risk-Taking

 

Synopsis

This module provides the techniques and training in developing people who can master the art and science of communicating about risks with the various groups of internal and external stakeholders. Thus, proactively anticipates on risk issues and prevent crises or if a crisis is inevitable, to limit and overcome the damage it creates.

Click here for more information about the module

Risk EXPERTS Module – REM3
Risk Control & Business Continuity Management
A Framework to Build Resilient Risk Management Systems & Solutions to Foster Effective Risk-Taking, Mitigation & Monitoring

 

Synopsis

This module provides an understanding on the types of ERM Models that can be designed to deal effectively with the risk issues an organization is exposed to. Participants wil learn the Key Risk Controls to Protect your Tangible and Intangible Assets. This module will guide you through a wide range of risk management strategies/interventions, explains how they work and suggests when they are most appropriate.

Click here for more information about the module

Risk EXPERTS Module – REM4
Risk Financing & Transfer Solutions
How to Finance Risks to Your Business and Operations Effectively through the Use of Capital, Insurance & ART Techniques

 

Synopsis

The module provides a detailed understanding on the wide range and types of losses an organisation is exposed to and the potential financial impacts of those losses. Participants wil learn the Key Risk Financing Techniques to protect the Tangible and Intangible Assets. How and when to select and apply the right financing Techniques and how to analyze carefully the pros and cons associated with the financing techniques of transfer, retention and insurance.

Click here for more information about the module

Risk EXPERTS Module – REM4
KRIs/KPIs Dashboard: Risk Monitoring, Reporting & Improvement
Develop an Effective Key Risk Indicators (KRIs) Dashboard to Measure, Monitor & Improve Organisational Performance in Managing Risks.

 

Synopsis

Without proper risk metrics, there cannot be any risk management. This module will explore the two dynamic processes of strategic/operational response and continuous change learning that are critical for an effective risk control system. It also explains how they can be explicitly structured and monitored, using a series of reports and Key Risk Indicators (KRIs) and distributed timely to the people who need them to make the right decisions.

Click here for more information about the module

Risk CHAMPIONS Module – RCM1
Designing ERM: Risk Management Frameworks, Systems & Culture
Design an ERM System Adapted to Your Organization's Needs & Maturity to Foster Effective Management of Risks

 

Synopsis

This module provides a comprehensive framework to design an ERM system and policies adapted to your organization's business needs and maturity, allowing you to address business issues, stakeholders concerns and new regulatory in an efficient and integrated manner. ERM can yield tremendous potential competitive advantage for an organization through an integrated, enterprise-wide perspective on its risk profile aligned with its business model.

Click here for more information about the module

Risk CHAMPIONS Module – RCM2
Implementing ERM: Systems Change & Nurturing a Risk-Aware Culture
Making ERM Part of Your Corporate Culture DNA to Create the Conditions for Effective Risk Information Sharing & Decision-Making

 

Synopsis

This thought provoking and practical module will give participants an insight into the various ERM change methodologies and models, and their implications for corporate systems and culture transformation. You will learn a project implementation roadmap on how to nurture the type of risk-aware culture able to learn and adapt to continuous changes in the environment, and thus creating sustainable value for your organization.

Click here for more information about the module

Risk CHAMPIONS Module – RCM3
Sustaining ERM: Managing Changes, Crises & Business Sustainability
Protect Your Organization's Present & Future with Effective Crisis Management & Communication Preparedness

 

Synopsis

This module emphasizes on the importance of ERM to build the organizational capability for contnuous learning and business renewal. It provides a roadmap to deal with change and crises with a practical problem-solving approach and a focus on the importance of system resilience, stakeholders' perceptions management, effective crisis communication and preparedness in preventing or controlling crisis situations.

Click here for more information about the module

Risk PROFESSIONALS Module – RPM1
Corporate Reputation & Stakeholders Risk Management
Manage Your Reputation as a Strategic Asset to Create Competitive Advantage in the Marketplace

 

Synopsis

In today’s volatile and competitive world, the value of corporate reputation is a key component of business and organizational performance. This module provides participants with a road map on how to manage Reputation as a strategic asset to create competitive advantage in the marketplace. It covers how to manage communication with key stakeholders to build a strong relationship and a survival guide on how to preserve reputation through a crisis.

Click here for more information about the module

Risk PROFESSIONALS Module – RPM2
Corporate Governance & Risk Management
Strengthen Corporate Governance to Promote Transparency, Accountability and Effectiveness in Management Practices

 

Synopsis

Corporate collapses and the financial crisis have highlighted the weaknesses of existing internal controls and risk management systems and the need for a higher level of corporate governance to better align and protect the diverging interests of the various stakeholders in the corporate “game”. This module will guide you through a comprehensive plan on how to strengthen corporate governance by promoting transparency, accountability and effectiveness in management practices.

Click here for more information about the module

Risk PROFESSIONALS Module – RPM3
Corporate Ethics, Fraud & Compliance Risk Management
Leverage Regulatory Compliance Requirements to Create Value with Risk Management, and Combatting Fraud with Strong Corporate Ethics & Effective Prevention/Detection Systems

 

Synopsis

This practical module will provide you with the most updated current methodologies and best practices to protect your organization against fraud with strong corporate ethics, effective prevention and detection systems. Participants will also understand the extent to which organizations are exposed to the ever-increasing regulatory environment, how to identify the risk and compliance issues that have most significance and how to integrate and leverage a compliance management program within the ERM system of your organization.

Click here for more information about the module

Risk PROFESSIONALS Module – RPM4
Corporate Control, Internal Audit & Risk Management
Best Practices for Auditing Risk Management & Conducting Effective Risk-Based Internal Audit

 

Synopsis

This module provides a practical roadmap on how to conduct effective Risk-Based Internal Audit (RBIA). You will learn how you can employ risk-based methodologies in planning and conducting audits to provide assurance on the adequacy of integrated risk management practices and management control frameworks.

Click here for more information about the module

Risk PROFESSIONALS Module – RPM5
Corporate Performance & Human Capital Risk Management
Enhance Your Human Capital Resilience & Productivity Using Risk Management, and Reward Real Performance through Risk-Adjusted Performance Management Systems

 

Synopsis

This module presents a methodology that maps the human relationships in organizations to identify where and how they affect organization performance. You will learn how you can influence your people and nurture the type of behavior & culture that supports sustainable value creation for your organization. This module will also teach you how to develop and use the right risk-adjusted Key Performance Indicators to drive your people’s behavior and support your business performance. By linking unambiguously the results and decision-making processes with appropriate metrics, considering all the risks involved, you will ensure that your staff’s behavior will be aligned with your organization objectives and interests.

Click here for more information about the module