Internal Audit and Enterprise Risk Management sit closer to each other than almost any two functions inside a bank, NBFC, or financial institution, which is exactly why so many auditors eventually consider moving into ERM. Both functions exist to protect Read More …
Tag: BFSI training
Internal Audit to Enterprise Risk: A Career Transition Guide
ESG, Climate & Emerging Risk Learning Pathway by RMAI
The risk landscape facing organisations extends well beyond conventional financial and operational risks. Climate change, environmental and social considerations, carbon transition, supply-chain vulnerabilities, and emerging interconnected risks can influence strategy, operations, investment decisions, governance, reporting, and organisational resilience. The ESG, Read More …
Audit Manager vs Risk Manager: Different Roles, Common Goal, A Stronger Organisation
Introduction Inside most banks, NBFCs, and financial institutions, Audit Manager and Risk Manager roles are often confused with each other, sometimes even by the professionals occupying adjacent desks in the same building. Both roles exist to protect organisational value, ensure Read More …
RBI’s Basel III Market Risk Capital Directions 2026: What Banks Must Know
On September 21, 2026, the Reserve Bank of India issued the Reserve Bank of India (Commercial Banks – Minimum Capital Requirements for Market Risk) Directions, 2026, the final version of a framework first put out for public comment as draft Read More …
Why Upskilling Is Important for Banks, NBFCs and Financial Institutions
Banks, NBFCs, and financial institutions are operating in an environment where the skills needed to do a job well are changing faster than most internal training functions can keep pace with. Artificial intelligence, evolving cybersecurity threats, fintech partnerships, and a Read More …
BRICS Moves from Cyber Policy to Cyber Drills for Financial Institutions
At the BRICS Finance Ministers and Central Bank Governors meeting held in Mumbai on September 10, 2026, member countries commended the third iteration of the BRICS Cyber Exercise and Drills, conducted under the theme Resilience and Cooperation for Cyber Defence. Read More …
Governance, Risk & Compliance (GRC) Professional Learning Pathway
Governance, Risk and Compliance are increasingly interconnected within modern organisations. Effective GRC is not simply about following regulations or maintaining policies, organisations need clear governance structures, effective risk oversight, strong internal controls, regulatory compliance, accountability, and appropriate management of risks Read More …
Operational Risk & Business Resilience Learning Pathway by RMAI
Operational failures can arise from people, processes, systems, technology, third parties, and external events. A process breakdown, system outage, vendor failure, human error, or unexpected disruption can quickly create financial losses, customer impact, regulatory concerns, and reputational consequences. Effective Operational Read More …
Enterprise & Strategic Risk Management Learning Pathway by RMAI
Enterprise-level Risk Management requires more than identifying and controlling individual risks. Organisations need to understand how uncertainty can affect strategy, business objectives, decision-making, reputation, governance, and long-term performance. A strategic decision may create financial, operational, regulatory, technological, and reputational consequences Read More …
Risk Management Foundation Learning Pathway by RMAI
Organisations operate in an environment shaped by financial uncertainty, regulatory change, technology disruption, cyber threats, geopolitical developments, climate concerns, and operational challenges. Risk Management knowledge is therefore relevant not only for dedicated Risk professionals, but also for managers, auditors, compliance Read More …