Corporate training · GRC teams

Risk management training in Kenya

Regulators now expect a documented enterprise risk management framework, a board-approved risk appetite and regular risk reporting. This course teaches risk teams and risk champions to build and run risk registers, indicators and reports that meet those expectations.

Based in Nairobi, we work with organisations in Kenya, across East Africa and worldwide.

Trainers hold CIA and CRMA Written for Kenyan law and current rules Certificates and evidence pack Prices include taxes
Price and delivery

Choose how your team takes the course

On demand suits people joining through the year and annual refreshers. Live sessions use your own policies, products and cases.

On demand

KES 12,000per learner

  • Start as soon as payment is confirmed
  • Certificate of completion
  • Completion report for your records
Live virtual

KES 12,000per learner per hour

  • From 1 hour; you choose the length
  • On Zoom or Teams
  • Tailored to your operations
In person

KES 12,000per learner per hour, minimum 5-hour session

  • At your premises
  • Combine with other courses to fill the session
  • Case exercises in groups

From the 5th hour, each extra hour is half price. Live and in-person prices are calculated on a minimum of 5 learners; smaller groups are welcome and are priced as 5. For more than 75 learners or more than 16 hours we prepare a custom proposal. All prices include taxes; travel outside Nairobi is charged at cost.

Why it matters

What regulators and standards expect

The course is built on the frameworks Kenyan regulators and boards rely on.

Rule or standardWhat it requiresApplies to
ISO 31000:2018Principles, framework and process for managing any type of risk (under revision; the 2018 edition still applies).Any organisation
COSO ERM (2017)Integrating risk management with strategy and performance.Listed companies, groups and larger organisations
CBK, SASRA and IRA risk management guidelinesA documented framework, risk appetite and risk reporting to the board.Regulated institutions
What has changed

Recent developments and emerging issues

The course is updated as rules change. These are the developments it currently covers. Last reviewed: October 2026.

Draft · comments close 7 November 2026

CBK draft Risk Management Guidelines

17 risk categories including cyber, data, ESG, model and third-party risk, three lines of defence and a board-approved risk appetite.

Under revision

ISO 31000 is being revised

The 2018 edition still applies.

Scheduled · from 1 January 2027

Climate risk disclosure

The CBK climate risk disclosure framework (April 2025), and IFRS S1 and S2 for public interest entities from 2027.

In force

AI and model risk in Kenyan rules

The CBK drafts expect explainability and human oversight, and the credit-provider regulations (LN 191/2026) require explainable automated credit decisions.

Reported · 2026/27

Africa's top risks

Cybersecurity, fraud, and digital disruption including AI (IIA Risk in Focus).

Course content

What your team will learn

Each section ends with a short knowledge check. Learners who finish every section receive a certificate of completion.

01

ISO 31000 and COSO ERM in practice

Choosing and applying a framework.

02

Risk identification

Workshops, interviews and data.

03

Assessment and scoring

Likelihood, impact and residual risk.

04

Risk registers

Owners, controls, ratings and actions.

05

Risk appetite and key risk indicators

Limits the board approves and indicators that warn early.

06

Risk and control self-assessment

Running RCSA that builds risk ownership.

07

Reporting to management and the board

Reports that direct attention to what matters.

08

Emerging risks

Cyber, AI, climate and third-party risk.

What you receive

Records for your training file

The evidence pack records who was trained, on what and when, for your audit committee and regulators.

  1. 1
    Certificates of completionOne per learner who completes the course, with a unique number, the course, date and hours.
  2. 2
    Completion or attendance reportWho completed or attended, when, and in which edition.
  3. 3
    Knowledge check resultsScores from the checks at the end of each section.
  4. 4
    Course outlineThe content and the rules it addresses.
Delivered by

FNJ's internal audit and risk team

The same team builds ERM frameworks, runs risk assessments and implements Trigarc Risk.

Credentials

CIA and CRMA

Certified Internal Auditors and Certification in Risk Management Assurance.

Tailored sessions

Built around your organisation

Before each live or in-person session we send a short questionnaire, so the cases come from your own policies, operations and findings.

Guide

Enterprise risk management framework

How to build an ERM framework that works.

ERM framework guide
Related courses

Often taken together

GRC Team Development combines this course with related courses at 10% off when booked live or in person.

Bundle

GRC Team Development

Internal audit, risk management, compliance and board paper writing.

On demand KES 48,000 per learner · 10% off live or in person

Team course

Internal audit: tools and report writing

Practical skills for new and junior auditors.

Course details
Team course

Compliance for compliance teams

Registers, monitoring and regulatory change.

Course details
Team course

Board paper writing

Papers boards act on, with templates.

Course details
Enrol or get a quote

Price your training

Risk management training is already ticked. Add other courses if you need them, then submit the form to see the payment details.

FAQ

Questions about risk management training

Where can I study risk management in Kenya?

Professional qualifications are offered by bodies such as the Institute of Risk Management and through university programmes. This course is practical team training for people who run risk management in their organisation, not a qualification.

Which course is best for risk management?

It depends on your role. Qualifications suit individuals building a career; practical team training suits organisations that need risk registers, appetite and reporting working now.

What is RCSA?

Risk and control self-assessment: business units identify their risks, assess the controls that address them and rate the residual risk, usually in facilitated workshops.

Does the course cover the CBK's 2026 drafts?

Yes. The draft Risk Management Guidelines are covered in a section labelled as draft, updated when the final text is issued.

What does it cost?

KES 12,000 per learner on demand, or KES 12,000 per learner per hour live or in person, inclusive of taxes.

Next steps

Get your risk register working

Tell us how many people need training and by when. We reply within one working day.