Description
Overview
Compliance risk management is the process of identifying and assessing legal penalties, financial losses, and material losses, associated with an organization’s failure to act under certain laws and regulations.
As regulatory authorities globally turn their attention to higher expectations in the control environment, the compliance function is quickly becoming an important driver in risk management strategies. From MiFID to Dodd Frank, financial services firms globally are strengthening their compliance functions with stronger training, supervisory, advisory, reporting and surveillance, and control room resources to meet the intense regulatory scrutiny now expected.
The training program would provide fundamental knowledge on modern Compliance Risk Management (CRM) good practices. The strategic goal of CRM is to steadily increase the level of voluntary compliance over time by identifying and prioritizing risks and implementing treatments to address the risks. In this program, you will learn how adopting a systematic approach to CRM supports tax administrations to deliver this core function and achieve their overall goals successfully.
Program Objectives
Upon completion of this program, participants should be able to:
- Explain the overall CRM concept, its importance and role.
- Have a better understanding of the CRM framework and process.
- Recognize the benefits of adopting an organizational focus on CRM.
- Appreciate the role of executives in CRM.
- Explore the importance of data and technology in CRM.
- Understand foundational CRM capabilities.
- Design a roadmap to begin the capacity development journey of their organization in the CRM domain.
- Learn about good practices and examples of CRM.
- New Compliance Officers
- Risk Managers
- Control Function Managers
- Legal Department Managers
- Management Consultants
- Equities Sales and Trading Desk Operations Managers
- Fixed Income Sales and Trading Desk Operations Managers
- Investment Banking Administrative Officers
- Treasurers
- Financial decision makers in corporations
- Strategists