Apply technical knowledge to explain business risk and possible strategies to finance risk US
This Unit Standard is intended for Internal Audit Managers, Senior Financial Managers, Directors of Companies, people involved in corporate financial planning, Risk Managers and Intermediaries who operate at corporate, commercial and industrial level. It enables learners to design risk financial solutions to meet the needs of specific corporate, commercial and industrial clients and to optimise productivity and efficiency of resources.
The qualifying learner is capable of:
Explaining the consequences for an organisation that does not strategise risk appropriately.
Analysing the capacity of an organisation for risk.
Applying technical knowledge and skill to explain business risks in medium to large organisations.
Explaining how an organisation's risk appetite influences the financing of risk.
Researching options or strategies to finance risks.