Governance, Risk Management & Compliance Course

Governance, Risk Management & Compliance Course on 20th to 24th February 2023

Objectives

By the end of this training course, you will be able to:

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

Organizational Impact

This IRES training course is of direct relevance to governance, risk management and compliance and as a result the organizations will benefit greatly from their employee’s participation. The organization will gain from:

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

Personal Impact

This training course will be of personal benefit to delegates by providing you with:

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

Module 1: Compliance & Regulatory Environment

• Introduction Governance, Risk and Compliance ( GRC)
• An Overview of the Regulatory Environment
• The Objectives of Financial Services Regulation
• Key Regulations that impact (transnational) Finance Institutions
• International Regulation
  • Know your regulator
  • Compliance environment in your jurisdiction
  • Compliance function in your organization
  • Compliance risk assessments:
  • Fraud risk assessment
  • Organizational risk assessment
  • Compliance gap analysis