Skip to content
  1. Online
  2. Management
  3. Risk management
Level 3 Certificate in Enterprise Risk Management cover image
Play overlay
Preview this course

Level 3 Certificate in Enterprise Risk Management
Thames College

Updated 2026 | CPD Accredited Course | Free PDF Certificate | Instant Access

Summary

Price
£21 inc VAT
Study method
Online, On Demand 
Duration
1.9 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
CPD What's this?
Certificates
  • CPD Accredited PDF Certificate - Free
  • Reed Courses Certificate of Completion - Free
  • Hardcopy CPD Certificate - £8.99

Overview

In today’s business environment, risks are not confined to financial losses or operational errors — they also include regulatory failures, reputational damage, cyber incidents, and supply chain breakdowns. As organisations grow and operate across various sectors and geographies, their exposure to uncertainty increases. Enterprise Risk Management helps businesses prepare for this uncertainty by setting up clear policies and frameworks to handle risk, reduce losses, and improve strategic decision-making.

This course in Enterprise Risk Management is tailored for learners looking to gain structured knowledge of risk at the organisational level. It is designed to offer a complete understanding of how to identify different types of risk, evaluate their impact, implement control measures, and monitor risk on an ongoing basis. The course also considers the legal and compliance side of risk, preparing learners to understand the implications of not meeting regulatory expectations.

Learning Outcomes

Upon completing the Enterprise Risk Management Level 3 course, learners will be able to:

  • Define the structure and purpose of Enterprise Risk Management frameworks.
  • Identify internal and external sources of organisational risk.
  • Use various methods to assess risk impact and likelihood.
  • Develop strategies to control or mitigate specific types of risk.
  • Implement effective monitoring systems for ongoing risk oversight.
  • Interpret regulatory requirements related to risk and compliance.
  • Contribute to building a risk-aware culture in the workplace.

Certificates

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Curriculum

1
section
8
lectures
1h 54m
total

Course media

Description

This course introduces learners to the key components of Enterprise Risk Management (ERM), guiding them through the process of identifying, assessing, controlling, and reporting risk across an organisation.

  • Module 1: Introduction to Enterprise Risk Management – explains the concept of ERM, its purpose, and how it differs from traditional risk models. It covers organisational benefits and the importance of embedding a risk culture.
  • Module 2: Risk Identification – focuses on techniques to detect and classify risks. Learners will study internal and external risk sources, risk registers, and how to structure risk reporting.
  • Module 3: Risk Assessment and Analysis – provides tools and approaches used to assess the likelihood and consequences of risk. It explains risk matrices, qualitative and quantitative assessments, and prioritisation methods.
  • Module 4: Risk Control and Mitigation – outlines strategies to limit or reduce risk. It includes policy design, internal controls, contingency planning, and insurance-based solutions.
  • Module 5: Risk Monitoring and Reporting – covers the process of tracking risks and reviewing risk controls. Learners are introduced to key performance indicators (KPIs), risk dashboards, and escalation procedures.
  • Module 6: Regulatory and Compliance Issues – explains the legal and regulatory frameworks that influence risk practices. This includes data protection, financial services regulations, health and safety laws, and corporate governance codes.

By completing this course, learners will improve their ability to manage risk effectively in any organisation. The course strengthens core job skills and prepares candidates for roles across risk, audit, compliance, and governance teams.

Please Note: Thames College is a One Education approved resale partner for Quality Licence Scheme Endorsed courses.

Who is this course for?

  • Professionals working in finance, operations, or compliance departments.
  • Graduates aiming to enter risk or audit-related fields.
  • Managers responsible for business continuity or internal controls.
  • Individuals interested in governance, regulation, and organisational planning.
  • Anyone preparing for a role in risk management or aiming to strengthen risk awareness across functions.

Requirements

No formal entry requirements for Enterprise Risk Management course!

Career path

  • Risk Analyst – £28,000 to £40,000
  • Compliance Officer – £30,000 to £45,000
  • Internal Auditor – £32,000 to £50,000
  • Risk and Assurance Manager – £45,000 to £65,000
  • Governance Analyst – £35,000 to £52,000
  • Health and Safety Risk Assessor – £27,000 to £38,000
  • Regulatory Affairs Associate – £30,000 to £43,000

Questions and answers

There are currently no Q&As for this course. Be the first to ask a question.

Ask a question

Reviews

Currently there are no reviews for this course. Be the first to leave a review.

Leave a review

Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
View all
Similar subjects: Risk management, Management
Related searches: Online courses

Interest free credit agreements provided by Zopa Bank Limited trading as DivideBuy are not regulated by the Financial Conduct Authority and do not fall under the jurisdiction of the Financial Ombudsman Service. Zopa Bank Limited trading as DivideBuy is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and entered on the Financial Services Register (800542). Zopa Bank Limited (10627575) is incorporated in England & Wales and has its registered office at: 1st Floor, Cottons Centre, Tooley Street, London, SE1 2QG. VAT Number 281765280. DivideBuy's trading address is First Floor, Brunswick Court, Brunswick Street, Newcastle-under-Lyme, ST5 1HH. © Zopa Bank Limited 2026. All rights reserved.