Cambridge
Academy
In London

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 Outlines

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)