Compliance Risk Management Programme
Practitioner4 daysCompliance
Programme overview
The full compliance officer curriculum. Delegates map their institution's regulatory universe, build compliance risk management plans for priority laws, design a monitoring programme, and construct the board and regulator reporting suite. Written for compliance professionals operating in a small market where the same person often carries compliance, AML and sometimes risk.
Who should attend
Compliance officers and heads of compliance, money laundering reporting officers with a wider compliance mandate, company secretaries, legal advisors moving into compliance, internal auditors, and risk officers with compliance responsibility.
Sectors
Banks and financial institutions supervised by the Central Bank of Eswatini, insurers, retirement funds, SACCOs and credit providers supervised by the FSRA, telecommunications, public enterprises, and professional firms.
Modules
- The compliance function: mandate, independence, reporting lines, and where compliance sits in the three lines model
- Building the regulatory universe: identifying every instrument that binds your institution and keeping it current
- Regulatory change management: horizon scanning, impact assessment, implementation tracking
- Compliance risk assessment: rating inherent compliance risk by regulatory obligation
- Compliance risk management plans: the core methodology, obligation by obligation, control by control
- Designing the compliance monitoring programme: risk based scoping, frequency, sampling
- Executing a monitoring review: fieldwork, evidence, findings, management response
- Breach and incident management: identification, root cause, remediation, self reporting
- Regulator relationship management: inspections, information requests, remedial directives
- Compliance reporting: to the board audit and risk committee, to the executive, to the regulator
- Compliance culture, conduct risk, and the tone from the top
- Building the annual compliance plan and resourcing it
- Capstone: delegates present a compliance risk management plan and monitoring schedule
Learning outcomes
On completion delegates will be able to:
- Construct and maintain a complete regulatory universe for your institution
- Prepare compliance risk management plans to professional standard
- Design and execute a risk based monitoring programme
- Manage a breach from identification through to closure
- Report compliance status credibly to a board committee and a regulator
- Draft and defend an annual compliance plan and budget
Tools and templates provided
- Regulatory universe register template
- Compliance risk management plan template
- Monitoring programme and working paper templates
- Breach register and root cause analysis form
- Board compliance report pack
- Annual compliance plan template
Assessment and certification
Knowledge checks, three assessed practical builds, and a capstone presentation.
Certificate of Completion.