Preparation for GARP Certificate in Risk Management

This preparatory course is designed to equip aspiring risk management professionals with the foundational knowledge and practical tools needed to succeed in the GARP Certificate in Risk Management exam. Over five intensive days, participants will explore key risk concepts, measurement techniques, mitigation strategies, and real-world case studies. The course is tailored to meet the standards set by the Global Association of Risk Professionals (GARP) and offers a structured pathway to understanding the complex landscape of financial risk.

Whether you are looking to advance your career in banking, investment, or enterprise risk management, this course provides the building blocks necessary to excel in both the certification exam and your day-to-day role.

Section 1: Risk Identification and Assessment 

• Overview of risk categories: credit risk, market risk, operational risk, liquidity risk, etc.
• Risk identification techniques: scenario analysis, risk mapping, process reviews.
• Distinction between quantitative and qualitative risk assessments.
• Introduction to risk registers and internal risk reports.
• Identifying emerging risks and blind spots in financial systems.

Section 2: Risk Measurement and Metrics

• Introduction to Value-at-Risk (VaR): concept, applications, and calculation methods.
• Overview of stress testing: how to simulate extreme scenarios.
• Key Risk Indicators (KRIs): design, selection, and interpretation.
• Interpreting heatmaps and dashboards in risk reporting.
• Comparative analysis of risk exposure across departments or portfolios.

Section 3: Risk Mitigation Strategies

• Hedging tools: derivatives, insurance, diversification strategies.
• Approaches to risk acceptance, avoidance, and risk transfer.
• Role of risk appetite statements and risk tolerance levels.
• Importance of governance and internal control systems.
• Integration of risk mitigation into enterprise strategy and decision-making.

Section 4: Case Studies and Practical Applications 

• In-depth analysis of real-world risk failures and successes (e.g., financial crises, hedge fund collapses).
• Applying risk frameworks (COSO ERM, ISO 31000) to case scenarios.
• Cross-industry case examples: banking, fintech, insurance, and asset management.
• Group simulation exercise: developing a mini risk plan for a fictional institution.
• Final recap and exam-style practice quiz (with feedback and discussion).

Upon successful completion of this training course, delegates will be awarded a Holistique Training Certificate of Completion. For those who attend and complete the online training course, a Holistique Training e-Certificate will be provided.

Holistique Training Certificates are accredited by the British Accreditation Council (BAC) and The CPD Certification Service (CPD), and are certified under ISO 9001, ISO 21001, and ISO 29993 standards.

CPD credits for this course are granted by our Certificates and will be reflected on the Holistique Training Certificate of Completion. In accordance with the standards of The CPD Certification Service, one CPD credit is awarded per hour of course attendance. A maximum of 50 CPD credits can be claimed for any single course we currently offer.