Psychology of Risk - Human Behavior in Risk Management | Leaders in Finance Academy

Risk management in financial services is built on models, figures, and frameworks. Yet one parameter repeatedly undermines even the best technical work: human behavior. It shapes how we perceive signals, interpret uncertainty, and act under pressure. That is why behavioral risk deserves a more explicit place in governance, decision making, and risk advice.

This highly interactive peer-to-peer training helps you recognize and work with human behavior as a strategic parameter in risk management. Together with fellow risk professionals, you will exchange real dilemmas and practical approaches, guided by experts who connect scientifically validated insights with day-to-day risk practices.

This training offers more than academic knowledge. It is an opportunity to discover your own blind spots, learn from peers, and develop skills to systematically address behavioral risks in your organization.

Programma

• Risk Compass Introduction – We start by mapping the group's risk identities and decision styles. You then experience a short, impactful bias demonstration and a guided 'mirror moment' to surface how predictable errors show up even in senior risk work. Our trainers introduce the Risk Triple-Loop Framework as the shared diagnostic lens for the session.
• Peer-to-peer discussions – Participants bring real risk dilemmas from their own practice. In small groups, you use the triple-loop framework to diagnose what is really happening, beyond the numbers, including the cognitive traps and cultural/power dynamics that distort risk signals. We harvest patterns across cases to build a collective view of the most common behavioral hurdles in financial sector risk work.
• From insight to action – You receive a practical 'menu' of behavioral interventions to address common biases in risk management processes. In subgroups, you then practice a conversation in an adversarial AI simulation, which will be trained by the input from the discussions during the training. The session closes with a short pre-mortem for your organization and one concrete commitment you can implement immediately.

Target audience

This training is designed for mid-level and senior non-financial risk professionals in financial services. Do you want to not only manage behavioral risks, but also understand how human behavior influences your own risk assessments? Then this peer-to-peer session offers a safe and substantive setting to learn from scientific research and to exchange knowledge and perspectives with peers.

Certification

This training is organized by Leaders in Finance Academy in collaboration with the Risk and Crisis Management Knowledge Hub, part of Vrije Universiteit Amsterdam (VU). Upon completion, you will receive a certificate of participation that demonstrates your commitment to understanding and addressing behavioral risks in financial risk management.

The training contributes to your professional development as a risk professional and provides you with scientifically validated frameworks and practical tools that enhance your credibility and effectiveness in governance and risk advisory roles.