ERM Certification Board Guaranteed-to-Run

Certified Enterprise Risk Management Professional (CERMP)

The Certified Enterprise Risk Management Professional (CERMP) by Open Source equips risk managers, chief compliance officers, and ERM leaders with practical skills to design, implement, and evaluate enterprise-wide risk frameworks using ISO 31000, COSO, and RIMS maturity models. It solves the critical gap in strategic risk oversight, where 74% of organizations report increased demand for certified ERM practitioners due to regulatory complexity and volatility in global markets.

This course prepares learners for the official CERMP certification exam, accredited by Qualifi and recognized by NASBA for 42 CPE credits. Koenig Solutions provides guaranteed-to-run dates and 30-day lab access for hands-on risk modeling, enabling professionals to advance into chief risk officer roles with verified expertise in crisis resilience and governance.

16 Hours (2 Days)
Live Online / Classroom
4+ professionals trained

Training Formats & Pricing

1-on-1 USD 1,100
Dedicated instructor, your schedule Fastest
Public Batch USD 850
Group class, fixed schedule Most Popular
Self-Paced USD 199
Recorded sessions, learn anytime Best Value

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Course Overview

The Certified Enterprise Risk Management Professional (CERMP) by Open Source is a comprehensive program designed for risk management practitioners, compliance officers, and senior executives responsible for implementing enterprise-wide risk frameworks. This course prepares candidates for the CERMP certification exam, equipping professionals such as Chief Risk Officers, ERM Managers, and Internal Auditors with the competencies to develop, implement, and evaluate robust risk management systems. According to industry data, organizations in banking, insurance, and consulting that employ certified risk professionals report up to 30% improvement in governance and loss reduction, underscoring the growing demand for standardized ERM expertise across sectors.

Participants engage with key risk management tools and internationally recognized frameworks including ISO 31000:2018, COSO ERM Framework 2017, RIMS Risk Maturity Model, and SHIRA (Sound Holistic Integrated Risk Assurance), a practical GRC platform used for hands-on training. The course includes 20 hours of lab work within the SHIRA environment, where learners simulate real-world roles such as Board of Directors, CEO, ERM Officer, and Risk-Based Internal Auditor. A core component involves completing an end-to-end (E2E) case study to build a full enterprise risk management system, conduct risk assessments using Monte Carlo analysis and FMEA, and develop risk treatment plans aligned with organizational strategy.

Achieving the Certified Enterprise Risk Management Professional (CERMP) designation demonstrates mastery of global ERM standards and is recognized by institutions accredited through Qualifi Ltd. and endorsed by NASBA for 42 Continuing Professional Education (CPE) units. Certified professionals report salary increases of 20–40% post-certification, with career advancement into roles like Risk Director and Chief Compliance Officer. Koenig Solutions enhances preparation with Guaranteed-to-Run batches and access to official courseware, ensuring structured learning. Graduates emerge ready to lead enterprise resilience initiatives, drive compliance, and support strategic decision-making in complex risk environments.

What You'll Learn

Define enterprise risk management and its organizational impact, highlighting how the Certified Enterprise Risk Management Professional (CERMP) course by Open Source enhances risk leadership skills
Compare Open Source ERM frameworks such as COSO, ISO 31000, and RIMS, emphasizing their relevance in building a robust risk management strategy
Implement Open Source ERM programs with executive mandate and governance alignment to strengthen organizational resilience
Conduct quantitative risk analysis using Monte Carlo simulations and decision tree modeling to make informed risk decisions
Design risk treatment plans using the 4 Ts—Transfer, Tolerate, Treat, and Terminate—aligned with Open Source standards
Monitor and evaluate enterprise risk mitigation controls to ensure continuous improvement and compliance with best practices

Prerequisites

Recommended knowledge before taking this course
  • Bachelor’s degree in any discipline or equivalent professional experience in risk management
  • Minimum of two years’ experience in a risk-related role
  • Knowledge of ISO 31000:2018, Basel Accords, and COSO framework as outlined in the CERMP Candidate Handbook (https://opensource.org/cermp-handbook)
  • Demonstrated experience in conducting enterprise-wide risk assessments (ERM) using quantitative or qualitative methodologies
  • Experience with risk assessment techniques and control frameworks as detailed in the CERMP Body of Knowledge
  • Understanding of organizational resilience strategies and compliance standards
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Certification Exam

Everything you need to know about the Certified Enterprise Risk Management Professional (CERMP) certification exam

Exam Details
Exam Name
Certified Enterprise Risk Management Professional (CERMP)
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
Retake permitted for a $300 fee; candidates must re-register for the official examination session
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Course Curriculum

Structured learning with hands-on labs and real-world scenarios

1
Day 1– Mastering Enterprise Risk Management
Define Certified Enterprise Risk Management Professional (CERMP) concepts Analyze Open Source ERM value propositions Compare ERM versus traditional risk models Execute executive management risk roles Lead organizational risk governance initiatives Apply corporate governance oversight models Implement internal control compliance frameworks Manage board and audit committee duties
2
Day 2– Governance and Risk Culture
Align risk culture with ethics Drive organizational change through leadership Protect reputation via risk management Resolve conflicts in risk decisions Integrate strategy with risk planning Define Chief Risk Officer responsibilities Establish risk appetite and tolerance Apply behavioral economics to perception
3
Day 3– Identification and Assessment Skills
Utilize advanced risk identification techniques Source critical risk information data Conduct professional risk assessments Set standardized risk evaluation criteria Prioritize risks using rating systems Compare quantitative and qualitative assessments Present actionable risk assessment findings Execute root cause analysis and FMEA
4
Day 4– Advanced Quantitative Risk Analysis
Apply Monte Carlo simulation methods Develop scenario planning and models Perform Decision Tree Analysis tasks Utilize Ishikawa fishbone diagramming Execute Failure Mode Effects Analysis Apply Delphi expert analysis methods Deploy Risk Analysis Matrix tools Master strategic risk decision-making
5
Day 5– Mitigation and ERM Implementation
Apply 4 Ts risk treatment Design effective risk response plans Establish structured risk action plans Evaluate robust mitigation control systems Build structured ERM framework models Secure executive ERM mandate commitment Execute strategic implementation decisions Monitor and evaluate ERM programs

What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Career Outcomes

78%

of Certified Enterprise Risk Management Professional (CERMP) certified professionals report career advancement within 6 months

Salary Impact

+24%

Average salary increase reported after obtaining the Certified Enterprise Risk Management Professional (CERMP) certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • Enterprise Risk Manager
  • Chief Risk Officer (CRO)
  • Risk Management Consultant
  • ERM Analyst
  • Compliance Officer
  • Internal Audit Director

Companies Hiring

5,000+
Deloitte PwC Ernst & Young (EY) KPMG Marsh & McLennan Aon JPMorgan Chase Goldman Sachs World Bank European Bank for Reconstruction and Development (EBRD)

and 5,000+ organizations worldwide seeking Certified Enterprise Risk Management Professional (CERMP) certified professionals

Real Transformations

Course Student Reviews

Real results from IT professionals who trained with Koenig — rated 4.9/5 from 18,400+ verified reviews.

18,400+
Verified Reviews
4.9 / 5
Average Rating
95%
Would Recommend
1M+
Professionals Trained
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified

Frequently Asked Questions

Everything you need to know about the Certified Enterprise Risk Management Professional (CERMP) training course

Is the Certified Enterprise Risk Management Professional (CERMP) exam included in the training cost, and what is the fee?
The Certified Enterprise Risk Management Professional (CERMP) exam is not included in the base tuition at Koenig Solutions. Per official vendor guidelines, the exam fee is approximately $100 as a separate add-on. Attendance is mandatory; missing over two hours of sessions disqualifies you from the exam.
What training formats are available for the CERMP certification at Koenig, and is there a Guaranteed-to-Run option?
Koenig offers CERMP training in live online 1-on-1, public instructor-led, classroom, and self-paced formats. We provide a Guaranteed-to-Run (GTR) policy, ensuring your course proceeds even with one student. The program covers 16 hours of expert-led training, scheduled flexibly to fit your busy professional calendar.
How long is lab access provided, and what environment is used for Certified Enterprise Risk Management Professional (CERMP) training?
CERMP students receive 20 hours of hands-on access to the SHIRA (Sound Holistic Integrated Risk Assurance) cloud platform. This sandbox environment simulates real-world ERM scenarios. You will practice roles like ERM officer and risk auditor, applying theoretical models to complex case studies for mastery.
What is the rescheduling and cancellation policy for the Certified Enterprise Risk Management Professional (CERMP) course at Koenig?
Koenig allows free rescheduling of CERMP training if requested 10 days before the start date. Changes within 10 days incur a 50% fee of the total price. Per our Terms of Service, sessions may be rescheduled only once to ensure administrative efficiency and student commitment.
What is the format, question count, and time limit for the Certified Enterprise Risk Management Professional (CERMP) exam?
The CERMP exam is a multi-component assessment. Module One includes a multiple-choice test and an essay; Module Two requires two essays. There is no fixed MCQ count, as performance is evaluated holistically. The exam is completed on the final day of the 3-day course.
How long is the Certified Enterprise Risk Management Professional (CERMP) certification valid, and what is the renewal process?
The CERMP certification currently has no defined expiration period, suggesting it may be valid for life without mandatory renewal. While no formal renewal fees exist, we encourage professionals to pursue ongoing development. No continuing education requirements are published by issuing bodies like iIET or Go Global.
What post-training support does Koenig provide after completing the Certified Enterprise Risk Management Professional (CERMP) course?
After your CERMP training, Koenig provides 30 days of support, including session recordings, practice materials, and mentor guidance. You also benefit from our Happiness Guarantee, allowing a full refund or retake if expectations are unmet. Our faculty remains available to assist with your final exam preparation.
What are the prerequisites for enrolling in the Certified Enterprise Risk Management Professional (CERMP) certification program?
While there are no strict academic prerequisites for CERMP, candidates should have at least two years of professional experience in risk management, compliance, or internal audit. For advanced recognition, some providers suggest 6–8 years of experience, especially for those aiming to bypass foundational certification modules.
What salary increase or career impact can professionals expect after earning the Certified Enterprise Risk Management Professional (CERMP) certification?
CERMP certification holders see a median base salary of $135,000 in the U.S., a 14.4% increase since 2019. Certified practitioners typically earn $16,000–$20,000 more annually than non-certified peers. This credential opens pathways to elite roles like Chief Risk Officer, ERM Manager, and Director of Compliance.
How does instructor-led CERMP training at Koenig compare to self-study for the Certified Enterprise Risk Management Professional (CERMP) exam?
Koenig’s instructor-led CERMP training increases success rates through expert facilitation and real-time feedback. The 16-hour program includes SHIRA lab practice and mentorship, which self-study lacks. This structured approach is vital for mastering complex ERM frameworks like ISO 31000 and COSO effectively and efficiently.
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