Governance Risk Management and Compliance

This course is designed to provide you with the knowledge necessary to effectively design and enhance integrated GRC activities across your company.

As well, it enables you with the tools and techniques to understand your company obligations, mitigate risk, and have a proper structure in place on how to manage it when an issue arises.

This is an intensive and highly practical training program that develops tremendous value for your company and is an essential part of building an ethical culture, establishing acceptable standards of behavior, and mitigating risk. The risk is not something that should be avoided.

Rather, it is an opportunity for organizational innovation, developing new competitive advantages, addressing exposures that can threaten an organization, and something that can be integrated into strategic planning.

This intensive and highly practical training program enables members to develop core operational skills, focusing on best practices, and will provide executives at all levels with the skills in risk management, creating compliance culture, and strengthening relationships with key stakeholders.

This training course also covers several topics including issues and breach management, compliance project creation and management, the culture of compliance ethics, and obligations and legislation.

Duration

5 Days

Who Should Attend

1. Executives and Board Members
2. Internal Auditors
3. Compliance Officers/Managers and their Deputies
4. Governance Professionals
5. Risk Managers
6. GRC Professionals
7. Legal Professionals
8. Regulatory Representatives
9. Company Secretaries
10. IT Professionals dealing with Governance, Risk Management and Compliance
11. Managers responsible for Governance, Risk Management and Compliance Activities

Organizational Impact

1. More effective support for governance, risk management and compliance team
2. Greater relevance and reliability of analyzing the regulatory bodies
3. More strategic thinking and focus on performance
4. More effective use of developing successful GRC plan
5. Preparation of staff for increased responsibility
6. Supports risk and compliance officers through education

Personal Impact

1. A better understanding of the context and importance of the G governance, risk management and compliance
2. The best practices in avoiding situations that may make their company legally liable.
3. The tools to detect any violations of company policies.
4. Greater awareness of industry practices, problems and solutions
5. Increased understanding and assurance to complete tasks successfully
6. Increased self-confidence and motivation at work
7. Greater job satisfaction in providing quality support to management
8. Greater ability to supervise, develop and motivate colleagues

Course Objectives

1. Understand the concepts of governance, risk management and compliance (GRC)
2. Understand the regulatory environment
3. The reason for being governance is essential for effective regulatory compliance risk management
4. Identify high-risk areas and compliance in your organization
5. Apply Risk-based Approach
6. The role of the compliance officer and his team
7. Develop and implement a governance, risk management and compliance strategic plan
8. Understand, define, and enhance organizational culture as it relates to performance, risk, and compliance
9. Implement governance, risk management and compliance processes that are effective and efficient
10. Using a risk-based audit approach

Course Outline

Module 1: Compliance, Regulatory Environment, and GRC Overview

1. Introduction to Governance, Risk, and Compliance (GRC)
2. Overview of the regulatory environment in financial services
3. Key regulations impacting transnational financial institutions
4. Principles of governance, risk management, and compliance
5. Understanding the role of regulators and their expectations
6. Case Study: Assessing the regulatory impact on a multinational bank’s operations

Module 2: Risk Management and Internal Controls

1. Main types and characteristics of risk classes in financial services
2. Understanding and implementing a risk-management approach
3. The need for internal controls in risk management
4. Effective strategies for identifying, mitigating, and controlling risks
5. Case Study: Developing a risk management framework for a financial institution

Module 3: Dealing with Financial Crimes

1. Understanding and complying with money laundering laws
2. Preventing fraud, bribery, and corruption in financial institutions
3. Addressing market abuse and insider dealing
4. Implementing a risk-based approach to anti-money laundering (AML) and counter-terrorist financing (CTF)
5. Case Study: Creating an AML compliance program for a global bank

Module 4: Corporate Governance and Stakeholder Management

1. National and international environments for corporate governance
2. Responsibilities of the board of directors and audit committees
3. Corporate social responsibility and its role in governance
4. Best practices for public disclosure, transparency, and communication
5. Case Study: Evaluating corporate governance practices in a publicly traded company

Module 5: Strategic Approaches to GRC Integration

1. Integrating governance, risk management, and compliance across the organization
2. Building an effective, holistic GRC model
3. Roles and responsibilities of the board and committees in GRC
4. Key enablers for successful GRC implementation
5. Case Study: Designing a comprehensive GRC strategy for a financial services firm

Related Courses

1. Leadership Coaching for Management Course
2. New Managers Leadership Course
3. Enhancing Board Effectiveness - Directors Training Programme
4. Development Programme Course
5. Strategic Intelligence and Emotional Quotient (I.E.Q) Course
6. The Essentials of Leadership Course: Vision, Influence & Character Training Course

Course Administration Details

Methodology

The instructor-led trainings are delivered using a blended learning approach and comprise presentations, guided sessions of practical exercise, web-based tutorials, and group work.

Our facilitators are seasoned industry experts with years of experience, working as professionals and trainers in these fields.

All facilitation and course materials will be offered in English. Therefore, the participants should be reasonably proficient in English.

Accreditation

Upon successful completion of this training, participants will be issued an IRES certificate certified by the National Industrial Training Authority (NITA).

Training Venue

The training will be held virtually or at our training centres.

The course fee covers the course tuition, training materials, two break refreshments, and lunch.

All participants will additionally pay for their travel expenses, visa application, insurance, and other personal expenses.

In addition to our virtual and self-paced training, we offer training in Kenya (Nairobi, Mombasa, Kisumu, Nakuru, and Naivasha) and at the following locations:

1. Dubai - United Arab Emirates
2. Cairo - Egypt
3. Johannesburg, Pretoria, and Cape Town - South Africa
4. Zanzibar, Dar-es-Salaam, and Arusha - Tanzania
5. Kigali - Rwanda
6. Accra - Ghana
7. Kampala - Uganda

Accommodation and Airport Transfer

If you'd like to, we can arrange accommodation and airport transfer for you, to suit your needs and preferences. 

For bookings and reservations, kindly contact us on either of the following:

• Email: [email protected]
• Phone: +254715 077 817

Tailor-Made Program

This training can also be customized to suit the needs of your institution upon request.

You can have it delivered virtually, face-to-face at our training centres, or at your convenient location.

For further inquiries, please contact us