Financial Crime World

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Compliance Training for Financial Professionals in Kenya

In today’s complex global business environment, having a transparent view of information and a coordinated approach to governance, risk management, and compliance (GRC) is critical to success. Organizations that understand and apply the principles of integrated GRC have a real competitive advantage.

Who Should Attend?

  • Internal auditors
  • Compliance and Governance professionals
  • Risk management professionals
  • GRC professionals
  • Legal professionals
  • IT professionals dealing with GRC
  • Managers responsible for GRC activities
  • Executives and board members

Learning Objectives

By the end of this course, participants will be able to:

  • Understand the core concepts related to governance, risk management, and compliance (GRC)
  • Identify the key roles necessary to create an integrated GRC capability at their organization
  • Learn the necessary components to help their organization become a Principled Performer - reliably achieve objectives while addressing uncertainty and acting with integrity
  • Motivate and inspire desired conduct through the concept of Principled Performance
  • Develop and implement a GRC strategic plan
  • Align risk and compliance in the context of their organization
  • Understand, define, and enhance organizational culture as it relates to performance, risk, and compliance

Topics Covered

Module 1: Compliance & Regulatory Environment

  • Overview of regulatory environment
  • Objectives of financial services regulation
  • Major trends in global regulatory environment
  • Key regulations that impact finance institutions
  • International regulation

Module 2: Risk Management and Internal Controls

  • Main types of risk classes that firms face and have to cope with
  • Characteristics of main risk classes
  • Understanding a risk-management approach
  • The need for internal controls
  • Approaches to risk assessment
  • Effective management of compliance risks

Module 3: Dealing With Financial Crimes

  • Money laundering laws
  • Preventing fraud
  • Bribery and corruption
  • Market abuse and insider dealing
  • Risk-based approach to money laundering/terrorist financing
  • Identifying high-risk indicators, understanding what to do with the information and whom to escalate it to

Module 4: Corporate Governance

  • National international environment for corporate governance
  • Shareholders and stakeholders
  • Board of director’s responsibilities
  • Audit committee
  • Corporate social responsibility
  • Sound corporate governance practices in banking

Module 5: GRC Strategic Approaches

  • Overview of “governance”, “risk” and “compliance” (i.e., GRC)
  • Principles and benefits associated with governance, risk, and compliance
  • GRC integrated approaches and their key enablers
  • Role and responsibilities of board and committees
  • Selective best practices
  • Building an effective, holistic governance, risk, and compliance model across an organization

Course Administration

The instructor-led trainings are delivered using a blended learning approach and comprise of:

  • Presentations
  • Guided sessions of practical exercises
  • Web-based tutorials
  • Group work

Our facilitators are seasoned industry experts with years of experience working as professionals and trainers in these fields.

Accreditation

Upon successful completion of this training, participants will be issued with an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).

Training Venue

The training will be held at IRES Training Centre. The course fee covers:

  • Course tuition
  • Training materials
  • Two break refreshments and lunch

Accommodation and Airport Pickup

Accommodation and airport pickup are arranged upon request. For reservations, contact the Training Officer.

Tailor-made

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location.

Payment

Payment should be transferred to IRES account through bank on or before start of the course. Send proof of payment to [email address] or [email address].

For further inquiries, please contact us on:

  • Tel: +254 715 077 817/+250789621067
  • Mob: +254 792516000, +254 792516010, +250 789621067
  • Email: [email address] or [email address]

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