VirtualLive Virtual Workshop

Risk Taxonomy for Effective Risk Management

All LevelsEnglish
March 11, 2027
1:00 pm–4:00 pm ET

Overview

Enhance your risk management capabilities by learning to classify and manage risks effectively through a well-defined risk taxonomy.

Risk ManagementComplianceEnterprise Risk Management (ERM)

Course Info

In today's complex business environment, a robust risk management framework is essential.  A well-defined risk taxonomy provides the foundation for effectively identifying, assessing, and managing potential threats across your organization. This structured approach enables better communication, consistent mitigation strategies, and informed decision-making.

This interactive workshop will delve into the fundamentals of risk taxonomy, guiding you through the process of classifying and managing risks to enhance decision-making, improve regulatory compliance, and strengthen your overall risk management capabilities. You'll learn how to align your risk taxonomy with industry best practices and organizational goals and participate in hands-on exercises to refine and optimize your current system.

What You Will Learn

  • Define and differentiate between key concepts such as taxonomy, ontology, and thesauri.
  • Explain the critical role of risk taxonomy in reporting, risk appetite definition, ownership assignment, and governance.
  • Apply industry best practices to evaluate and enhance your organization's risk taxonomy.
  • Analyze your current risk taxonomy, identifying strengths, weaknesses, and areas for improvement.
  • Develop and propose specific changes to your risk taxonomy, including defining top-level categories and addressing interdependencies.
  • Align your risk taxonomy with organizational goals and strategic plans.
  • Outline a plan for evolving the risk taxonomy to support Enterprise Risk Management (ERM).

March 11–11, 2027

1:00 PM – 4:00 PM EST

MEMBER$350
NON-MEMBER$500
SHOW DETAILS HIDE DETAILS
  • Jessie Liu, RIMS-CRMP

    Risk Officer, Bloomberg

REGISTER NOW

August 24–24, 2027

10:00 AM – 2:00 PM EDT

MEMBER$350
NON-MEMBER$500
SHOW DETAILS HIDE DETAILS
  • Jessie Liu, RIMS-CRMP

    Risk Officer, Bloomberg

REGISTER NOW

Who Should Attend?

This program is for risk managers, compliance officers, internal auditors, business unit managers, and anyone involved in risk identification, assessment, and management.

RIMS education courses are designed primarily for risk and insurance professionals, but anyone within an organization who wants to learn more about a specific topic of interest is encouraged to attend.

Your Instructor

Jessie Liu

Jessie Liu

Risk Officer, Bloomberg

Jessie Liu is a Risk Officer in Bloomberg's Chief Risk Office, where she leads risk identification and assessment and business risk governance initiatives. She designed a tailored COSO, ISO, and NIST-aligned ERM framework that strengthened governance, enabled risk-informed decision making through a materiality matrix, and improved risk maturity across the Three Lines of Defense. She brings more than 15 years of experience building and scaling risk programs for global financial institutions and fintechs, and has designed ERM frameworks from the ground up at multiple organizations, including Forge Global, where she served as Senior Director and Head of Enterprise Risk Management, and the Public Company Accounting Oversight Board, where she built a tailored ERM framework aligned to the organization's mission and risk profile.

Jessie's work centers on giving organizations the structure to identify, categorize, and govern risk consistently. At Société Générale she led the design and implementation of a risk appetite framework, embedding it across regional and business levels to meet regulatory and audit expectations. At The Clearing House she established a firm-wide policy governance framework and developed key risk and performance indicator programs across payment systems. Her experience spans enterprise, operational, third-party, and AI risk management, with a focus on integrating emerging risks into existing frameworks. Jessie holds the RIMS-CRMP, serves on the Business Advisory Board at Metropolitan College of New York, and completed the Oxford Fintech Program at Saïd Business School. She earned her BA in Economics from Boston University.

Credentials

RIMS-CRMP

FAQs

What is the policy for cancellations and refunds?

RIMS reserves the right to cancel a course if conditions warrant. In the event of such a cancellation, registration fees will be refunded.

All requests for refunds or changes must be submitted in writing to RIMS at pd@RIMS.org. Registrants who cancel 15 business days or less prior to the start of the workshop can send a replacement from their company or receive credit to attend another workshop with the same duration and cost within a year of the cancelled registration. Please note if the member rate was paid for the original registration and you elect to send a replacement or transfer the credit to another employee of your organization who is not a member, an additional fee will be charged to offset the difference between the member and nonmember rate. No refunds will be issued for cancellations less than 15 days from the start of the workshop.