Enterprise Risk Management - Deddy Jacobus

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1. The document summarizes a public workshop on enterprise risk management given by Deddy Jacobus, a senior risk management partner and secretary general of the Association of Risk Management Practitioners. 2. The objectives of the workshop were to establish the importance of enterprise risk management (ERM) for achieving corporate objectives and provide an overview of the ISO 31000:2009 risk management principles and guidelines. 3. The workshop covered topics such as the definition of risk and uncertainty, triggers of uncertainty, the need for a risk management paradigm shift, the ERM and COSO models for managing risk, and conducting risk assessment and mapping risks based on risk appetite.

Business Economy & Finance

Public Workshop
Deddy Jacobus, www.rwi.co.id
Enterprise Risk Management

Deddy Jacobus

• Senior Risk Management Partner, JPM & Partners, Jakarta

• Secretary General, the Association of Risk Management
Practitioners (ARMP), Jakarta, www.id.armp-asia.com

• Member of the Steering Committee, Professional Risk Managers
International Association (PRMIA), Chicago, US, www.prmia.org

• Certiﬁed Member of the Institute of Internal Auditors (IIA), Florida,
US., www.theiia.org

• Certiﬁed Member of Lembaga Komisaris dan Direktur Indonesia
(LKDI)

• Certiﬁed in Risk and Control Self-Assessment (CCSA), IIA

• MBA, Risk Management, Universitas Gadjah Mada.

Sharing Objectives

• Sharing Objective #1: To establish the importance of
Enterprise Risk Management (ERM) to achieve corporate
objectives

• Sharing Objective #2: An overview of ISO 31000:2009
Risk Management Principles and Guideline

Sharing Objective #1

To establish the importance of Enterprise Risk Management
(ERM) to achieve corporate objectives

Some basic ﬁrst...

• What is risk?

• What is the
difference
between risk
and
uncertainty?

• Why is it
important to
manage

is...
"...the effect
of uncertainty on objectives."
iso 31000:2009

Triggers of uncertainty

The wave of
changes

Uncertainty
Driven by external
and internal factors

Poor ability to response

Some effects of uncertainties

Disasters do not just happen. They are
critical chain of events...

A need of paradigm shift

Reliable
information + Proven model
Well-informed
and responsive
Decision
Making

Risk management transforms a guesswork decision making

into a well-informed and responsive decision making

Risk management paradigm shift

Partial approach ERM approach

ERM drives a paradigm shift in...

Paradigma Paradigma
Lama Baru
Pengawasan/ Pemberdayaan/
Pengendalian Ownership

Silo Integrated

'Sinten' 'Sistem'

Jangka Pendek Jangka Panjang

Krisis/Minimize Risiko/Optimize

Sharing Objective #2

An overview of ISO 31000:2009 Risk Management
Principles and Guideline

Risk management process in general

Start Risk Assessment Plan

Risk Context Deﬁnition

Acceptable? Risk Assessment

Risk Management Plan
Risk Response and Execution

Risk Register Risk Monitoring

End

International standards for ERM

COSO 2004

ISO 31000:2009

ERM COSO Model

Enterprise Risk Management (ERM) yang efektif membutuhkan adanya komponen-komponen berikut ini:

1. Niat & Kesungguhan

2. Tujuan yang tepat dan selaras

3. Paham perubahan eksternal &
internal yang mungkin terjadi
Komponen-
komponen
untuk 4. Paham dampak perubahan (risiko)
memastikan
bahwa suatu 5. Tanggap strategik yang
perusahaan efektif thd perubahan
memiliki:
6. Pengendalian secara Internal

7. Optimalisasi knowledge
untuk...

8. Perbaikan Berkelanjutan

ISO 31000:2009-principles, framework, process

Risk Register
Business Unit/Project Name: Date:
Process/Phase: RCSA Participants:
Time Period of Risk Assessment:
Objective of Risk Assessment:
Estimated
Risk Risk Risk
Inherent Expected Risk Residual
Risk Inherent Current after Owner,
Objectives Risk Level L I Risk Level Response/ L I Risk Level after
Id Risk Controls Control PIC, and
(L, M, H) (L, M, H) Treatments Treatment
(L, M, H) Sponsor
(L, M, H)

Our worksheets must demonstrate the interrelated of
objectives, risks, and controls

Risk assessment

• How do we review our
existing controls?

• Given our existing
controls, how likely the
event will occur?

• How the impacts will be
measured?

• How the risk level will be
determined?

• What measures to decide
whether it is acceptable
or unacceptable?

• What risks need to be
responded?

Risk: exposure, appetite, tolerance and controls

Acceptable with Unacceptable/
Too low risk level Acceptable ranges conditions avoid

range of risk levels

An example of risk map and risk appetite

R1 R6

R5

R4
R2 R3

Thank you...
Deddy Jacobus
www.rwi.co.id
deddy@rwi.co.id
081510311103

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永久可查学历认证【微信：A575476】【(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证成绩单Offer】【微信：A575476】（留信学历认证永久存档查询）采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。【业务选择办理准则】一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信：A575476】文凭即可二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。留信网认证的作用: 1:该专业认证可证明留学生真实身份 2:同时对留学生所学专业登记给予评定 3:国家专业人才认证中心颁发入库证书 4:这个认证书并且可以归档倒地方 5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息 6:个人职称评审加20分 7:个人信誉贷款加10分 8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才 → 【关于价格问题（保证一手价格）我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子我给客户的都是第一手的代理价格，因为我想坦诚对待大家不想跟大家在价格方面浪费时间对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！

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一模一样【微信：A575476】【新西兰奥塔哥大学毕业证（otago毕业证）成绩单Offer】【微信：A575476】（留信学历认证永久存档查询）采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。【业务选择办理准则】一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信：A575476】文凭即可二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。留信网认证的作用: 1:该专业认证可证明留学生真实身份 2:同时对留学生所学专业登记给予评定 3:国家专业人才认证中心颁发入库证书 4:这个认证书并且可以归档倒地方 5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息 6:个人职称评审加20分 7:个人信誉贷款加10分 8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才 → 【关于价格问题（保证一手价格）我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子我给客户的都是第一手的代理价格，因为我想坦诚对待大家不想跟大家在价格方面浪费时间对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！

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Enterprise Risk Management - Deddy Jacobus

1. Public Workshop Deddy Jacobus, www.rwi.co.id Enterprise Risk Management

2. Deddy Jacobus • Senior Risk Management Partner, JPM & Partners, Jakarta • Secretary General, the Association of Risk Management Practitioners (ARMP), Jakarta, www.id.armp-asia.com • Member of the Steering Committee, Professional Risk Managers International Association (PRMIA), Chicago, US, www.prmia.org • Certified Member of the Institute of Internal Auditors (IIA), Florida, US., www.theiia.org • Certified Member of Lembaga Komisaris dan Direktur Indonesia (LKDI) • Certified in Risk and Control Self-Assessment (CCSA), IIA • MBA, Risk Management, Universitas Gadjah Mada.

3. Sharing Objectives • Sharing Objective #1: To establish the importance of Enterprise Risk Management (ERM) to achieve corporate objectives • Sharing Objective #2: An overview of ISO 31000:2009 Risk Management Principles and Guideline

4. Sharing Objective #1 To establish the importance of Enterprise Risk Management (ERM) to achieve corporate objectives

5. Some basic ﬁrst... • What is risk? • What is the difference between risk and uncertainty? • Why is it important to manage

6. is... "...the effect of uncertainty on objectives." iso 31000:2009

7. Triggers of uncertainty The wave of changes Uncertainty Driven by external and internal factors Poor ability to response

8. Some effects of uncertainties Disasters do not just happen. They are critical chain of events...

9. A need of paradigm shift Reliable information + Proven model Well-informed and responsive Decision Making Risk management transforms a guesswork decision making into a well-informed and responsive decision making

10. Risk management paradigm shift Partial approach ERM approach

11. ERM drives a paradigm shift in... Paradigma Paradigma Lama Baru Pengawasan/ Pemberdayaan/ Pengendalian Ownership Silo Integrated 'Sinten' 'Sistem' Jangka Pendek Jangka Panjang Krisis/Minimize Risiko/Optimize

12. Sharing Objective #2 An overview of ISO 31000:2009 Risk Management Principles and Guideline

13. Risk management process in general Start Risk Assessment Plan Risk Context Deﬁnition Acceptable? Risk Assessment Risk Management Plan Risk Response and Execution Risk Register Risk Monitoring End

14. International standards for ERM COSO 2004 ISO 31000:2009

15. ERM COSO Model Enterprise Risk Management (ERM) yang efektif membutuhkan adanya komponen-komponen berikut ini: 1. Niat & Kesungguhan 2. Tujuan yang tepat dan selaras 3. Paham perubahan eksternal & internal yang mungkin terjadi Komponen- komponen untuk 4. Paham dampak perubahan (risiko) memastikan bahwa suatu 5. Tanggap strategik yang perusahaan efektif thd perubahan memiliki: 6. Pengendalian secara Internal 7. Optimalisasi knowledge untuk... 8. Perbaikan Berkelanjutan

16. ISO 31000:2009-principles, framework, process

17. Risk Register Business Unit/Project Name: Date: Process/Phase: RCSA Participants: Time Period of Risk Assessment: Objective of Risk Assessment: Estimated Risk Risk Risk Inherent Expected Risk Residual Risk Inherent Current after Owner, Objectives Risk Level L I Risk Level Response/ L I Risk Level after Id Risk Controls Control PIC, and (L, M, H) (L, M, H) Treatments Treatment (L, M, H) Sponsor (L, M, H) Our worksheets must demonstrate the interrelated of objectives, risks, and controls

18. Risk assessment • How do we review our existing controls? • Given our existing controls, how likely the event will occur? • How the impacts will be measured? • How the risk level will be determined? • What measures to decide whether it is acceptable or unacceptable? • What risks need to be responded?

19. Risk: exposure, appetite, tolerance and controls Acceptable with Unacceptable/ Too low risk level Acceptable ranges conditions avoid range of risk levels

20. An example of risk map and risk appetite R1 R6 R5 R4 R2 R3

21. Thank you... Deddy Jacobus www.rwi.co.id deddy@rwi.co.id 081510311103

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