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Risk Based Internal Auditing (RBIA)

Risk-based internal auditing that assures the board — assessing the assurance framework and adapting RBIA to your organisation’s own structures and risk appetite.

The programme

Internal audit earns its seat when it can tell the board, with evidence, that risk management is working within the organisation’s risk appetite. Risk-based internal auditing (RBIA) is the methodology for doing exactly that: assessing the adequacy of the assurance framework and the reliability of its assurance sources. But no two organisations share the same attitude to risk, management structure, processes or regulatory obligations — so experienced auditors must adapt RBIA to their own organisation’s structures, processes and language. The cohort works through the methodology and its implementation in their own context.

What you will do

Assess the adequacy of the assurance framework, and the reliability of its assurance sources.
Assure the board that risk management processes are working, relative to the organisation’s risk appetite.
Adapt RBIA to your organisation’s structures, processes and language, rather than importing a template.
Direct audit effort where the risk is, not where the checklist points.
Account for diverse conventions and regulations, in shaping the audit approach.

Who attends

  • Board members — risk and audit committee chairs and members
  • Chief risk, compliance, audit and financial officers
  • Heads of market, credit and operational risk
  • Internal and external auditors, regulators and examiners
  • Actuaries, treasurers and risk management consultants

Cohorts bring together board members, executives and the rising leaders behind them — kept deliberately small, so every seat is a peer’s.

Programme agenda

Built for the decisions no textbook prepares you for

I.The RBIA methodology
  • Assessing the adequacy of the assurance framework
  • Reliability of assurance sources
  • Providing assurance to the board
II.Risk appetite and audit
  • Risk management processes measured against appetite
  • Auditing by risk rather than by checklist
  • Differing organisational attitudes to risk
III.Adapting RBIA
  • Organisational structures, processes and language
  • Conventions and regulatory obligations
  • Implementing RBIA in your own institution

Frequently asked

Who should attend the Risk Based Internal Auditing course?

The programme is designed for board members — including risk and audit committee chairs and members — chief risk, compliance, audit and financial officers, heads of market, credit and operational risk, and internal and external auditors. Regulators, examiners, actuaries, treasurers and risk management consultants also attend, since the methodology speaks to everyone who gives or receives assurance on risk management.

What does the RBIA methodology actually involve?

RBIA assesses the adequacy of the assurance framework and the reliability of its assurance sources, so that internal audit can tell the board, with evidence, that risk management is working within the organisation’s risk appetite. The cohort works through directing audit effort where the risk is — rather than where the checklist points — and providing assurance the board can genuinely rely on.

Can the approach be adapted to our organisation’s own structures?

Yes — that adaptation is the heart of the programme. No two organisations share the same attitude to risk, management structure, processes or regulatory obligations, so participants work through implementing RBIA in their own context, using their organisation’s structures, processes and language rather than importing a template. Like every BIZENIUS programme, it is also available in-house, tailored to your institution.

When does the course run, and in which languages?

Sessions run on a rolling calendar, with dates confirmed on request, and the programme is delivered in both English and French. Fees and quotations are shared on enquiry. In-house delivery, tailored to your institution’s structures and priorities, is a natural fit for a methodology built around adapting RBIA to your own organisation.

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In their words

Knowledge transfer, emphasised throughout

“We worked with BIZENIUS for our Fresh Graduates Programme — they are simply amazing. Knowledge transfer and practical learning were emphasised throughout.”

Kuwait Investment Authority

From the Mandate Record

Mandate № 04 · Africa

Capital frameworks built to run the bank, not to satisfy a filing

Most frameworks are written to satisfy the regulator. We build the kind that run the bank.

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The Capability Arc™

Fix it · Advisory

Advisory & Consultancy

A senior bench across risk, treasury and regulation.

Learning is one point on the Capability Arc. Many institutions pair this programme with the advisory engagement — and automate what the framework demands.

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