Why Attend This Training Course?

Governance, Risk Management, and Compliance training course equips participants with vital insights into the significance of GRC and its interplay with corporate culture and ethical practices. By emphasizing the tangible costs associated with non-compliance, the course underscores the importance of integrity in governance. Participants will also explore key topics such as the tone at the top, and the essentials of financial reporting controls. This foundational training module not only prepares individuals for Risk Management certification but also enhances their ability to navigate operational performance controls, CEO compensation discussions, and shareholder activism in governance.

What Is The Training Course Methodology?

This interactive training course methodology depends on enabling participants to interact and exchange experiences, explore their competencies and achieve their career aspirations, using forward-thinking training arts, such as theoretical lectures and/or open discussion to exchange opinions and experiences, scenarios, innovative thinking brainstorming. Participants will receive an agenda including training material as a reference, in addition to some extra notes and booklets. 

Who Should Attend This Training Course?

This training course is designed for Risk Managers and Compliance Officers, Board of Directors, and .Operational Managers

What Are The Training Course Objectives?

• Examine the relationship between corporate culture and governance frameworks.

• Analyze the complexities inherent in financial reporting controls.

• Strengthen CEO involvement in comprehensive risk management practices.

• Investigate the importance of corporate social responsibility and its implications.

• Acquire proficiency in Enterprise Risk Management (ERM) methodologies.

• Recognize the importance of operational performance controls and their practical applications.

• Acknowledge the critical role of the board of directors in ensuring effective governance.

What Is The Training Course Curriculum?

Definition of Governance, Risk, and Compliance (GRC)

• Importance of GRC in financial services

• Description of the current regulatory landscape

• Key players and their roles

The Objectives of Financial Services Regulation

• Protection of investors and consumers

• Maintenance of market integrity

• Promotion of stability within the financial system

• Key Regulations impacting transnational financial institutions

• Overview of significant regulations

• Examples of how these regulations affect global operations

International Regulation

• Role of international bodies

• Cross-border regulatory considerations

• Understanding the regulatory authorities

• Importance of compliance with local regulations

• Compliance Environment in your jurisdiction

• Overview of jurisdictional variations

• Factors influencing the local compliance landscape

Compliance Function in Your Organization

• Structure and roles of the compliance department

• Integration with other functions

• Compliance Risk Assessments

  • Definition and purpose

  • Methodologies for conducting assessments

Compliance Gap Analysis

• Process for identifying compliance gaps

• Development of action plans for remediation

• Main Types of Risk Classes Faced by Firms

  • Credit risk

  • Market risk

  • Operational risk

  • Liquidity risk

•  Characteristics of Each Risk Class

Understanding a Risk Management Approach

• Definition and objectives of risk management

• Importance of internal controls in risk mitigation

• Identify, Mitigate, and Control Risks

• Techniques for identifying risks

• Strategies for effective risk control

• Approaches to Risk Assessment

• Quantitative vs. qualitative methodologies

• Frameworks for effective assessment

Governance

• National & International Corporate Governance Environment

• Internal vs. External Context of the Organization

• Stakeholder Engagement and Board Responsibilities

• Role of the Audit Committee and Corporate Social Responsibility

• Importance of Public Disclosure and Transparency

• Best Practices in Communication

Governance, Risk Management, and Compliance (GRC)

• Integration of Governance, Risk, and Compliance

• Principles and Roles within GRC Framework

• Key Enablers for Integrated GRC Approaches

• Responsibilities of the Board and Committees

• Building an Effective GRC Model in Your Organization