Course Introduction : 

This Governance Risk Management and Compliance training 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, to mitigate risk and to have a proper structure in place on how to manage it when an issue arises. This is an intensive and highly practical GRC training course develops the tremendous value to your company and an essential part to building ethical culture, establishing acceptable standards of behavior and mitigating risk. The risk isn`t something that should be avoided. Rather, it`s 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 GRC training course enables members to develop core operational skills, focusing on best practice and will provide executives at all levels with the skills in risk management, creating compliance culture, and strengthen relationships with key stakeholders. This course also covers several topics includes issues and breach management, compliance project creation and management, the culture of compliance ethics, and obligations and legislation

Course 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

Organisational Impact

This 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

Who Should Attend?

This  training course is designed to deliver the knowledge and skills, providing details of the latest policies and procedures to:

• Executives and Board Members
• Internal Auditors
• Compliance Officers / Managers and their Deputies
• Governance Professionals
• Risk Managers
• GRC Professionals
• Legal Professionals
• Regulatory Representatives
• Company Secretaries
• IT Professionals dealing with governance, risk management and compliance
• Managers responsible for governance, risk management and compliance activities

Course Outline : 

Day 1: The Regulatory and Compliance Framework

• Introduction to Governance, Risk Management and Compliance (GRC): Concepts, Principles and Strategic Importance
• Understanding the Global and Local Regulatory Environment
• Objectives and Purpose of Financial Services Regulations
• Key International and Cross-border Regulations Impacting Financial Institutions
• International Regulatory Standards and Expectations
• Understanding the Role of Regulators and Supervisory Authorities
• Compliance Requirements within the Organizational and Jurisdictional Context
• Establishing and Strengthening the Compliance Function within Organizations
• Conducting Compliance Risk Assessments
• Fraud Risk Assessment and Prevention Frameworks
• Enterprise-wide Organizational Risk Assessment
• Performing Compliance Gap Analysis and Developing Improvement Plans

Day 2: Risk Management Principles and Practices

• Introduction to Risk Management Concepts and Frameworks
• Understanding Major Risk Categories Faced by Organizations
• Characteristics and Key Elements of Different Risk Classes
• Applying a Structured Risk Management Approach
• Risk Identification, Assessment, Evaluation and Prioritization
• Designing and Implementing Effective Internal Control Systems
• Risk Mitigation Strategies and Control Mechanisms
• Modern Approaches and Methodologies for Risk Assessment
• Developing Strategies to Identify, Monitor and Respond to Desired and Undesired Events

Day 3: Financial Crime Prevention and Regulatory Compliance

• Understanding Financial Crime Risks and Regulatory Expectations
• Anti-Money Laundering (AML) Laws and Compliance Requirements
• Fraud Prevention, Detection and Investigation Principles
• Anti-Bribery and Anti-Corruption Compliance Frameworks
• Market Abuse, Insider Trading and Ethical Conduct Requirements
• Applying a Risk-Based Approach to Money Laundering and Terrorist Financing Risks
• Identifying High-Risk Indicators and Escalation Procedures
• Suspicious Activity Reports (SARs): Identification, Reporting and Documentation
• International Sanctions Compliance and Screening Controls

Day 4: Corporate Governance and Organizational Oversight

• Principles and International Best Practices in Corporate Governance
• National and International Governance Frameworks and Standards
• Understanding the Internal and External Organizational Environment
• Stakeholder Management and Effective Engagement Strategies
• Roles, Responsibilities and Accountability of the Board of Directors
• The Role and Responsibilities of Audit Committees
• Corporate Social Responsibility (CSR) and Sustainable Governance Practices
• Transparency, Public Disclosure and Regulatory Reporting Requirements
• The Role of Supervisory Authorities in Promoting Good Governance
• Effective Communication and Reporting to Key Stakeholders

Day 5: Integrating Governance, Risk Management and Compliance (GRC)

• The Integrated GRC Model: Concepts, Structure and Strategic Value
• Core Principles of Effective Governance, Risk Management and Compliance
• Defining GRC Roles, Responsibilities and Accountability Across the Organization
• Integrating Governance, Risk Management and Compliance Processes
• Key Enablers for Successful GRC Implementation
• The Strategic Role of the Board and Governance Committees within the GRC Framework
• International Best Practices and Practical Approaches in GRC Implementation
• Building and Maintaining an Effective and Sustainable GRC Framework within Organizations