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Risk Management Framework
Identify, rate, govern, measure and report the risks of an Ethiopian bank, from the branch risk register to the board stress test
Learn how Ethiopian banks manage credit, market, liquidity, operational, compliance, cyber, strategic and climate risk, then draft a risk appetite statement and a combined stress test for a mid-sized bank.
Start the course
0 of 5 modules completed
What you will be able to do
- Name and explain the main risk types a bank faces and give Ethiopian examples
- Describe the three lines model and each staff member's role in it
- Identify, record and escalate risks and incidents in your own area using a risk register
- Design or review an ERM framework, risk appetite statement and limit structure
- Apply stress testing, scenario analysis, RCSA, KRIs and basic VaR, and link results to capital and recovery planning
- Report risk to the board and the NBE clearly and act on findings
- For
- All bank and microfinance staff for risk awareness, risk and compliance officers and internal auditors (Foundational modules 1 to 3); risk managers, CROs, heads of business, and audit and risk committee members (Intermediate modules 4 and 5).
- Study time
- About 5 hours online, in 5 modules (48 hours in the classroom version)
- Each module
- Short lessons, animated visuals, Ethiopian examples, decisions to make, the laws and directives that apply and worked calculations, then a quiz
- Assessment
- A 20-question final exam; pass mark 70%
- Certificate
- Erudite Africa Center of Excellence certificate of completion
- Access
- Module 1 free for registered users; the full course, exam and certificate for subscribers
The 5 modules
- Module 01Free previewRisk basics and the risks a bank runsUnderstand what risk is, why banks fail, and the main risk types an Ethiopian bank faces, each with a local example.6 lessons · 60 min · quiz
- Module 02Governance, the three lines and the risk processSee who owns which risk decision, how the three lines work together, and how to identify, rate and record risks in a risk register.6 lessons · 65 min · quiz
- Module 03Operational risk in practice and NBE expectationsReport incidents, record loss events, track key risk indicators and keep the bank running, then see what the NBE expects of every bank's risk framework.6 lessons · 60 min · quiz
- Module 04ERM frameworks, risk appetite and limitsDesign or review an enterprise risk management framework, write a risk appetite statement and cascade it into limits with clear breach rules.6 lessons · 65 min · quiz
- Module 05Measuring, stress testing and reporting riskUse RCSA, KRIs, basic VaR and a combined stress test, feed the results into capital and recovery planning, and report clearly to the board and the NBE.6 lessons · 70 min · quiz
- Officer simulationA month as enterprise risk officer at Bank A head officeWork as enterprise risk officer: 10 real-life items, decisions with consequences and a hand-over note. Pass with 70% to qualify for the certificate.
- Final examFinal exam and certificate20 applied questions across all 5 modules. Pass with 70% to download your certificate.
Built on
- Erudite Africa course specification: 4.b Risk Management Framework, Levels 1 and 2 (October 2026)
- Erudite Africa: Training Module, Ethiopian Context, programme overview and regulatory register (October 2026)
- NBE Risk Management Guidelines (May 2010)
- NBE directives as listed in the lessons: SBB/87/2024, SBB/88/2024, SBB/90/2024, SBB/91/2024, SBB/93/2025, SBB/95/2025, SBB/96/2025, FXD/01/2024, NBE/INT/13/2026
- National Bank of Ethiopia Proclamation No. 1359/2025; AML/CFT Proclamation No. 780/2013 and Personal Data Protection Proclamation No. 1321/2024 (as reported)
- International frameworks: COSO ERM (2017), ISO 31000, Basel Core Principles for Effective Banking Supervision
Examples and organizations are fictional. Apply your own organization's approved policies.