Certified Risk Manager for Microfinance Companies

The Certified Risk Manager for Microfinance Companies Program is an advanced, specialised, and executive training programme designed for risk managers in microfinance companies in Egypt. It aims to enhance participants’ comprehensive understanding of regulatory and supervisory requirements while developing their capabilities to establish and implement an effective Enterprise Risk Management (ERM) framework. The program supports regulatory compliance, promotes business sustainability, improves the quality of credit and operational decision-making, and strengthens institutions’ ability to manage current and future risks in accordance with international standards and best professional practices.

Objectives of the Certified Risk Manager for Microfinance Companies Program

The programme aims to enable risk managers in microfinance companies to effectively understand and apply the updated regulatory and supervisory requirements stipulated in Financial Regulatory Authority (FRA) Decision No. (45) of 2026. It also seeks to strengthen their role in establishing and developing an integrated Enterprise Risk Management (ERM) framework that aligns with best professional practices.

In addition, the programme focuses on developing participants’ capabilities in identifying, measuring, and monitoring credit, operational, financial, and other risks facing the sector. Participants will learn how to apply stress testing tools and early warning indicators, as well as prepare regulatory reports that support informed decision-making, contributing to enhanced financial stability and the sustainability of microfinance companies.

Target Audience for Certified Risk Manager for Microfinance Companies 

Risk managers in microfinance companies.

Certified Risk Manager for Microfinance Companies Program Agenda

Day One: Regulatory Fundamentals and Internal Policies

Regulatory Framework, Governance, and Risk Management

Session One – The Operating Environment of Microfinance Companies and the Governing Legislative Framework

• Laws and regulations governing the microfinance activity.
• Nature of the activity and its key associated risks.
• The Authority’s latest regulatory trends.

Session Two – Financial Regulatory Authority Decision No. (45) of 2026 and the Requirements of the Risk Manager Function

• Licensing and renewal requirements.
• Continuing Professional Education (CPE).
• Administrative measures and compliance adjustments.

Session Three – Corporate Governance and the Three Lines of Defense

• The role of the risk management function.
• Integration with Compliance, Internal Audit, and Anti-Money Laundering (AML).
• The role of the risk committee and the board of directors.

Session Four – Building an Enterprise Risk Management Framework

• Risk Appetite Framework.
• Risk Register & Risk Matrix.
• Succession planning.
• Updated regulatory obligations.

Day Two: Practical Application of Risk Manager Responsibilities

Session One – Credit and Operational Risk Management

• Creditworthiness assessment.
• Concentration risk and default risk.
• Operational risks and branch-related risks.
• Early Warning Indicators (EWIs).

Session Two – Stress Testing and Financial Solvency

• Stress Testing.
• Scenario Analysis.
• Sensitivity analysis.
• Monitoring financial solvency.

Session Three – Fraud Management and Emerging Risks

• Fraud Risk Management.
• Cybersecurity.
• Digital risks.
• Business Continuity.

Session Four – Regulatory Reporting and Decision Support

• Key Risk Indicators (KRIs).
• Risk dashboards.
• Risk Committee reports.
• Board of Directors reports.

Total Duration

12 Training Hours