Governance, Risk Management & Compliance Course


Introduction

This course is designed to provide you with the knowledge necessary to effectively design and enhance integrated GRC activities across your company. As well, it enables you with the tools and techniques to understand your company obligations, to mitigate risk and to have a proper structure in place on how to manage it when an issue arises.

This is an intensive and highly practical training program develops the tremendous value to your company and an essential part to building ethical culture, establishing acceptable standards of behavior and mitigating risk. The risk is not something that should be avoided. Rather, it is an opportunity for organizational innovation, developing new competitive advantages, addressing exposures that can threaten an organization and something that can be integrated into strategic planning.

This is an intensive and highly practical training program enables members to develop core operational skills, focusing on best practice and will provide executives at all levels with the skills in risk management, creating compliance culture, and strengthen relationships with key stakeholders.

This training course also covers several topics includes issues and breach management, compliance project creation and management, the culture of compliance ethics, and obligations and legislation.

Duration

5 Days

Who Should Attend?

  • Executives and Board Members
  • Internal Auditors
  • Compliance Officers/Managers and their Deputies
  • Governance Professionals
  • Risk Managers
  • GRC Professionals
  • Legal Professionals
  • Regulatory Representatives
  • Company Secretaries
  • IT Professionals dealing with Governance, Risk Management and Compliance
  • Managers responsible for Governance, Risk Management and Compliance Activities

Course Objectives

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

  • Understand the concepts of governance, risk management and compliance (GRC)
  • Understand the regulatory environment
  • The reason for being governance is essential for effective regulatory compliance risk management
  • Identify high-risk areas and compliance in your organization
  • Apply Risk-based Approach
  • The role of the compliance officer and his team
  • Develop and implement a governance, risk management and compliance strategic plan
  • Understand, define, and enhance organizational culture as it relates to performance, risk, and compliance
  • Implement governance, risk management and compliance processes that are effective and efficient
  • Using a risk-based audit approach

Organizational Impact

This IRES training course is of direct relevance to governance, risk management and compliance and as a result the organizations will benefit greatly from their employee’s participation. The organization will gain from:

  • More effective support for governance, risk management and compliance team
  • Greater relevance and reliability of analyzing the regulatory bodies
  • More strategic thinking and focus on performance
  • More effective use of developing successful GRC plan
  • Preparation of staff for increased responsibility
  • Supports risk and compliance officers through education

Personal Impact

This training course will be of personal benefit to delegates by providing you with:

  • A better understanding of the context and importance of the G governance, risk management and compliance
  • The best practices in avoiding situations that may make their company legally liable.
  • The tools to detect any violations of company policies.
  • Greater awareness of industry practices, problems and solutions
  • Increased understanding and assurance to complete tasks successfully
  • Increased self-confidence and motivation at work
  • Greater job satisfaction in providing quality support to management
  • Greater ability to supervise, develop and motivate colleagues

Course Outline

Module 1: Compliance & Regulatory Environment

  • Introduction Governance, Risk and Compliance ( GRC)
  • An Overview of the Regulatory Environment
  • The Objectives of Financial Services Regulation
  • Key Regulations that impact (transnational) Finance Institutions
  • International Regulation
    • Know your regulator
    • Compliance environment in your jurisdiction
    • Compliance function in your organization
    • Compliance risk assessments:
    • Fraud risk assessment
    • Organizational risk assessment
    • Compliance gap analysis

Module 2: Risk

  • Main Types of Risk Classes that Firms face and must cope with
  • Characteristics of the main Risk Classes
  • Fundamental Concepts of each of the Risk Classes
  • Understanding a Risk-Management Approach
  • Risk-Management Approach
  • The Need for Internal Controls
  • Identify, Mitigate and Control Risks
  • Approaches to Risk Assessment
  • Develop an appropriate Strategy to detect desired and undesirable events

Module 3: Financial Crimes

  •  Money Laundering Laws
  • Preventing Fraud
  • Bribery and Corruption
  • Market Abuse and Insider Dealing
  • The Risk-Based Approach to Money Laundering/Terrorist Financing
  • Identifying high-risk indicators, understand what to do with the information and whom to escalate it to
  • Suspicious Activity Reports (SARs)
  • Sanctions

Module 4: Governance

  • National & International environment for Corporate Governance
  • Understanding the External/ Internal Context of your Organization
  • Dealing with Stakeholders
  • Board of Director’s Responsibilities
  • Audit Committee
  • Corporate Social Responsibility
  • The Role of Public Disclosure 
  • Supervisors and Transparency
  • Best Practices in Communication to the Right People

Module 5: Governance, Risk Management and Compliance

  • Concepts of the Model of 'Governance', 'Risk' and 'Compliance' (GRC) 
  • Principles of Governance, Risk and Compliance
  • Governance, Risk Management and Compliance Roles and Responsibilities
  • Governance, Risk Management and Compliance Integrated Approaches and their Key Enablers.
  • Role and Responsibilities of Board and Committees
  • Selective Best Practices
  • Building an Effective Model of Governance, Risk and Compliance in your Organization

Enroll for this Course

We are proud to offer this course in a variety of training formats to suit your needs.

IRES

Enroll to In-Person (Face to Face)

We use the highest quality learning facilities to make sure your experience is as comfortable as possible.

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IRES

Enroll for a Virtual Zoom Class

Join a scheduled class with a live instructor and other delegates.

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IRES

Enroll for Online Self-paced Class

Keep track of your own progression throughout your course and ensure continuous improvement.

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Benefits of Taking a Course at IRES

LEARN

Our courses are carefully curated to keep you abreast of latest industry trends, technological advancements, and best practices. We employ a variety of teaching methodologies, including hands-on workshops, case studies, and interactive sessions, all aimed at fostering an engaging and effective learning environment. Our expert instructors bring a wealth of knowledge and real-world experience, providing our clients with insights that can be immediately applied in their professional lives.

NETWORK

Our courses serve as a vibrant platform for professionals to connect and engage with a diverse community of peers, industry leaders, and experts. By participating in our programs, you gain access to an invaluable network that spans across various sectors and geographical boundaries. This networking aspect is not just about forming professional relationships; it's about creating a supportive ecosystem where ideas, opportunities, and collaborations can flourish.

GROW

Our courses are designed to challenge and inspire professionals to step out of their comfort zones and explore new horizons. Through a combination of theoretical knowledge and practical application, our programs help professionals refine their existing skills and acquire new ones, making them more versatile and competitive.

FAQs & Course Administration Details:

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. For further inquiries, please contact us on Phone: +254 715 077 817 or Email: [email protected].
The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
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).
Payment should be transferred to IRES account through bank on or before start of the course. Send proof of payment to [email protected].
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer. Email: [email protected] Phone: +254 715 077 817.

Who else has taken this course?


# Job Title Organisation Country
1 Director General Hirshabelle state Ministry of Agriculture & Irrigation Somalia
2 COMPLIANCE OFFICER KENYA NATIONAL COMMISSION FOR UNESCO Kenya
3 MANAGER COMPLIANCE NATIONAL INDUSTRIAL TRAINING AUTHORITY Kenya
4 Compliance Officer Office of Registrar of Political Parties Kenya
5 MANAGER COMPLIANCE NATIONAL INDUSTRIAL TRAINING AUTHORITY Kenya