The RMA - Wharton Advanced Risk Management Program

August 22 - 28, 2021 Continuing October 17 - October 23, 2021

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Now more than ever before, organizations are cultivating the potential of their people in order to achieve greater effectiveness, leadership, and enterprise success. These companies understand the positive implications of making a commitment to supporting valuable learning experiences for their executives. The link between participating in world-class, high-impact education and making vital contributions to the organization is a proven formula for short- and long-term success.

The content is revised each year, so it is always timely and relevant. For more information about the topics that will be addressed, please see the session descriptions from the 2019 program:

2019 RMA Wharton Risk Management Program - Session Descriptions Week 1
2019 RMA Wharton Risk Management Program - Session Descriptions Week 2

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The RMA/Wharton Risk Management Program provides an opportunity to learn about a broad range of risk disciplines as well as developing a network of fellow risk professionals from across the world.

The Advanced Risk Management Program concentrates on:

  • Risk management as a strategic competitive strength
  • An integrated approach to risk management
  • Fostering a culture and climate that openly communicates risk
  • A framework for rapidly responding to known risks and unraveling the complexities of the unknown


Christopher Nestore - SVP, Head of Operational Risk Management, TD Bank, Cherry Hill, NJ 

"I never found myself looking at my watch, because I was so engaged. The whole class was very engaged as well. The expertise of my classmates as well as the presenters made for an overall wonderful experience. What I really took away from the course is that operational risk is embedded in all the different disciplines that we talked about. So whether we’re talking about market risk, commercial credit, retail credit, third party, whatever it may be, it was all relevant to me."

Eric Ensmann - SVP, Director Risk Internal Control, BBVA Compass, Houston, Texas

"The program was a great overall experience. The quality of the instruction was first-class and the facilities are outstanding. The program elevated the practice of risk management in a way that I think positions me to help my organization deal with new challenges in the financial services industry. I can better serve my company’s stakeholders as we deal with the pace of change."

Jean-Sébastien Grisé - SVP, Credit Risk, Commercial, Retail and Wealth Management, National Bank of Canada, Montreal, Canada

"The program was excellent. It was really about opening your eyes on different practices and angles, to give you a more holistic view of risks. The length of time and the intensity of the course were perfect for an executive. The assignments between the sessions, and the relationships you could create with people, were just stellar. The learnings were actionable and I had a ton of ideas about things that I could really apply or improve upon at my bank."

Global Participants Focused on Enterprise Risk Management

This exclusive and intensive program, led by the faculty of one of the world’s top business schools, provides candidates with an exceptional educational experience. In addition to its focus on the known and quantifiable risks of credit, market, and operational, the program focuses on the unknowable and difficult to measure risks, including business, strategic, and reputation. Complementing Wharton faculty are guest faculty and senior level business practitioners, considered by their peers to be industry thought leaders.

Business problems are multifaceted, interrelated, and increasingly global. To be successful, risk executives must cultivate understanding across all risks and businesses. This program is built around the concept that highly motivated individuals working together respond better to challenges.

The Changing Paradigm of Risk Management

Capitalize on risk management capabilities by using them to help develop value-enhancing business strategies.

The foundation:

  • Distinctive features of regulated financial intermediaries, markets, and products
  • Macroeconomic drivers of credit and market risk
  • Traditional and contemporary concerns about systemic risk
  • Critical thinking: decision framing and intelligence gathering

From this foundation, participants will understand:

  • Pressing issues in risk management
  • Determinants of credit spreads, interest rates, exchange rates, and yield curves
  • Capital allocation
  • Valuation models
  • Risk measurement and shareholder value
  • Setting risk tolerance

The Analytical Framework For Measuring, Managing, and Monitoring Risk

Broaden perspectives and sharpen approaches using models, tools, and strategies to understand:

  • Methods and issues in measuring exposure
  • Modeling challenges and practices
  • Stress testing, scenario analysis, and simulations
  • Implications of cross-border exposures
  • Economic and regulatory capital
  • Accounting implications

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Enrollment Discount
Banks sending four participants will receive a 10% discount on each enrollment. Please note that all four participants must register for the program at the same time.


Contact Information

John F. Sullivan, Academic Market & Assessment Director