Learn step-by-step how to create a professional risk register from scratch for banks and other financial institutions
This practical, beginner-friendly course teaches you step-by-step how to create a professional risk register from scratch for a financial institution. You’ll learn how to identify risks, write effective risk statements, assess likelihood and impact, evaluate controls, and determine residual risk — the same process used inside banks, fintechs, and financial firms.
What you’ll learn
- How a risk register is structured.
- Methods for identifying risks.
- Writing professional risk statements.
- Rating probability and impact.
- Assessing controls and residual risk.
- Understanding materiality and risk appetite.
- Interpreting financial impact.
- Reading and using a risk heatmap.
- Completing a full risk register.
Course Content
- Introduction –> 5 lectures • 30min.
Requirements
This practical, beginner-friendly course teaches you step-by-step how to create a professional risk register from scratch for a financial institution. You’ll learn how to identify risks, write effective risk statements, assess likelihood and impact, evaluate controls, and determine residual risk — the same process used inside banks, fintechs, and financial firms.
Through clear explanations and real examples, you will build a structured risk register that meets professional standards. No advanced math or regulatory expertise is required. Whether you work in risk, compliance, audit, finance, or operations — or you’re preparing to enter these fields — this course gives you a solid foundation and the confidence to document and manage risks in a practical way.
You will also see how risk registers are used in daily decision-making, reporting, and governance, so you understand not only how to build one but also how it fits into the wider risk management framework. By the end of the course, you will know exactly how a risk register works and how to create one yourself from scratch, using tools and methods you can apply immediately in your professional role. In addition, you will receive a Risk Register Template in Excel that you can use as a foundation for creating your own professional register.