Governance Risk and Compliance

In recent times there has been a significant shift in financial institutions worldwide in terms of how they approach corporate governance, risk management and regulatory compliance. There continues to be increasing stakeholder demands and growing public scrutiny resulting from spectacular failures around the globe. Governance, Risk Management, and Compliance, or in short GRC, has evolved from managing risk as a transaction or compliance activity adding to business value by improving operational decision making and strategic planning.

This course comprises of courses that provide knowledge and an understanding related to the subjects of governance, risk and compliance as applicable to the banking sector.

Classification of Risk

• Main types of risk classes that banks face and have to cope with
• Salient characteristics of the main risk classes
• Fundamental concepts of each of the risk classes

Duration: 1 Hour

Introduction to ERM and its Frameworks

• Benefits and value of ERM deployment in and across an entity
• Key concepts of Enterprise Risk Management (ERM)
• Steps necessary to quantify ERM
• ERM frameworks

Duration: 1 Hour

Regulatory Landscape

• Major trends in the global regulatory landscape
• Key regulations that impact (transnational) finance institutions
• Key characteristics of the more recently announced holistic regulatory changes and new legislature

Duration: 1 Hour

GRC Demystified

• Overview of ‘governance’, ‘risk’ and ‘compliance’ (i.e., GRC)
• Principles and benefits associated to governance, risk and compliance
• GRC integrated approaches and their key enablers

Duration: 1 Hour

COSO and CobiT in Support of GRC Needs

• Key concepts to the COSO and CobiT frameworks for enterprise risk management
• Methods and capabilities defined by both, COSO and CobiT.

Duration: 1 Hour

Operational Risk Management Primer

• The driving factors behind operational risk management
• Basel II approaches and key constructs for operational risk
• High level methods and capabilities of a staged implementation for operational risk

Duration: 1 Hour

GRC Case Study

• Advantages and limitation of certain aspects of ERM frameworks
• Regulatory expectations on listed companies in developed and leading countries
• Building an effective, holistic governance, risk and compliance model across an organization

Duration: 1 Hour