Introduction

Modern organizations face increasing regulatory pressure, cyber threats, and operational complexity—making Governance, Risk, and Compliance (GRC) a strategic capability rather than an administrative function. This advanced program equips professionals to design, integrate, and optimize GRC frameworks, strengthen risk-informed decision-making, and build sustainable compliance cultures that support business performance.

Course Objectives

By the end of this course, participants will be able to:

• Master advanced GRC concepts, frameworks, and operating models
• Design and improve enterprise risk management and control environments
• Strengthen regulatory compliance management and audit readiness
• Integrate cyber, third-party, and operational risk into one view
• Develop effective governance structures, policies, and reporting
• Apply practical tools to assess, prioritize, and treat risk across the enterprise

Target Audience

This course is designed for:

• GRC managers, risk officers, and compliance leaders
• Internal audit professionals and control owners
• Information security, privacy, and resilience professionals
• Legal, finance, and operations leaders involved in risk and compliance
• Senior managers responsible for governance and oversight

Course Outline

Day 1: Advanced GRC Foundations & Operating Models

• Evolution of GRC: from compliance to strategic value
• GRC components: governance structures, risk ownership, compliance oversight
• Three Lines Model and integrated assurance
• Building a GRC operating model (roles, committees, decision rights)
• Activity: GRC maturity self-assessment & gap mapping

Day 2: Enterprise Risk Management & Risk Appetite

• Advanced risk identification and taxonomy design
• Risk appetite, tolerance, and risk limits (linking to strategy)
• Risk assessment methods: qualitative, quantitative, scenario-based
• Key Risk Indicators (KRIs) and early warning systems
• Workshop: Risk appetite statements + KRI dashboard design

Day 3: Controls, Compliance Management & Audit Readiness

• Control design vs. control effectiveness (preventive/detective/corrective)
• Control testing approaches and evidence management
• Compliance obligations mapping (laws, regulations, standards, contracts)
• Audit readiness planning and remediation tracking
• Practical activity: Control testing simulation + corrective action plan (CAP)

Day 4: Integrated Risk: Cyber, Third-Party & Operational Resilience

• Cyber and privacy risk integration within enterprise GRC
• Third-party risk lifecycle: due diligence, contracting, monitoring, exit
• Operational resilience: business continuity, incident response, crisis governance
• Aligning stakeholders: IT, legal, procurement, finance, operations
• Case study: Multi-risk incident review and lessons learned

Day 5: GRC Reporting, Culture & Strategic Improvement

• GRC metrics and reporting for executives and boards
• Risk communication and influencing without authority
• Building a compliance culture and ethical decision-making
• Continuous improvement: maturity roadmap and annual GRC plan
• Final group project: Integrated GRC improvement blueprint (12-month plan)