Course Description
Identify AI Risks, Provide Assurance, and Enable Responsible AI Adoption
The AI Risk & Assurance Expert (AIRAE) certification by GIPMC is an advanced professional credential designed to develop, validate, and recognize specialized expertise in identifying, assessing, and assuring risks associated with AI systems.
This certification emphasizes AI risk assessment, control evaluation, assurance methodologies, governance alignment, and independent oversight, preparing professionals to ensure AI systems operate reliably, ethically, and in line with organizational and regulatory expectations.
AIRAE bridges risk management and assurance. It equips professionals to evaluate AI-related risks objectively, assess control effectiveness, provide assurance to leadership, and support informed decision-making across AI initiatives.
Why AI Risk & Assurance Expert (AIRAE) from GIPMC?
The AIRAE certification is built on industry-aligned risk management and assurance competencies while remaining technology-neutral, framework-agnostic, and vendor-independent. This allows certified professionals to operate across different AI systems, industries, and regulatory environments.
Key Advantages
- Strong focus on AI-specific risk and assurance practices
- Emphasis on independent assessment and control effectiveness
- Practical, scenario-driven risk evaluation approach
- Applicable across regulated and non-regulated industries
- Career-oriented credential for senior risk and assurance roles
AIRAE is designed for professionals responsible for protecting organizations from AI-related operational, ethical, and compliance risks.
Market Relevance
- 50–70% growth in demand for AI risk and assurance professionals
- 80%+ organizations cite AI risk as a top governance concern
- 55% reduction in AI-related failures with structured risk assurance
- 3x increase in board-level demand for AI risk reporting
(Based on aggregated enterprise risk, AI governance, and assurance trends.)
These indicators show why AI risk and assurance expertise is becoming a critical organizational capability.
Who Should Pursue AIRAE? (Target Audience)
The AI Risk & Assurance Expert (AIRAE) certification is suitable for professionals in oversight, risk, and assurance roles, including:
- Risk Management and ERM Professionals
- Internal and External Auditors
- GRC and Compliance Specialists
- AI Governance and Oversight Professionals
- Technology Risk and IT Audit Professionals
- Assurance and Advisory Consultants
- Senior professionals responsible for AI oversight
AIRAE provides a structured pathway into AI-focused risk and assurance leadership roles.
Detailed Learning Outcomes
By earning the AI Risk & Assurance Expert (AIRAE), candidates demonstrate the ability to:
1. Foundations of AI Risk & Assurance
- Understanding AI-specific risk categories
- Assurance principles and independence
- Risk vs assurance responsibilities
2. AI Risk Landscape
- Strategic, operational, ethical, and compliance risks
- AI failure modes and limitations
- Emerging AI risk trends
3. Risk Identification for AI Systems
- Identifying risks across the AI lifecycle
- Data, model, and deployment risks
- Third-party and vendor risks
4. Risk Assessment & Prioritization
- Impact and likelihood analysis
- Risk scoring and classification
- Risk appetite alignment
5. Control Design & Evaluation
- Preventive and detective AI controls
- Evaluating control effectiveness
- Identifying control gaps
6. Data & Model Risk Assurance
- Data quality and integrity risks
- Model performance and drift risks
- Validation and oversight concepts
7. Operational & Security Risk Assurance
- AI operational resilience
- Cyber and access control risks
- Incident and failure handling
8. Governance & Compliance Alignment
- Alignment with AI governance frameworks
- Regulatory and compliance awareness
- Supporting accountable AI use
9. Assurance Planning & Execution
- Designing AI assurance engagements
- Evidence collection and validation
- Objective assessment techniques
10. Reporting & Stakeholder Communication
- Risk and assurance reporting
- Communicating findings to leadership
- Supporting informed decision-making
11. Continuous Monitoring & Assurance
- Ongoing risk monitoring concepts
- Managing changes and updates
- Sustaining assurance over time
12. Ethical & Responsible AI Risk
- Fairness, transparency, and accountability risks
- Assessing ethical impact
- Supporting responsible AI decisions
13. Building Organizational AI Risk Maturity
- Risk maturity assessment
- Integrating AI risk into enterprise risk programs
- Preparing for future regulatory expectations
Professional and Career Benefits
AIRAE certified professionals are recognized for their ability to:
- Identify and assess AI-related risks objectively
- Provide independent assurance on AI controls
- Reduce operational, ethical, and compliance exposure
- Strengthen leadership confidence in AI initiatives
- Enable responsible and sustainable AI adoption
Certification Validity & Renewal
The AI Risk & Assurance Expert (AIRAE) certification issued by GIPMC is valid for three (3) years from the date of certification award.
Renewal Process Includes
- Completion of continuing professional development or risk knowledge refresh activities
- Renewal assessment or professional verification, as applicable
- Submission of renewal application before certification expiry
Timely renewal allows professionals to retain active certification status without interruption.
