Fraud/AML & Risk Management

This training is designed for leaders and managers looking to enhance and develop their skills across the end-to-end target operating model of a program, including FinCrime/AML managerial skills, project management and executive presence. Training includes the following topics and is fully customizable to participant’s needs:

• Design AML target operational models to meet regulatory requirements
• Implement AML governance, oversight, and end-to-end program models
• Design a Know Your Customer (KYC) information and due diligence process
• Implement Inherent Risk Assessments and customer risk ratings to build control and mitigate risks
• Develop KYC remediation plans and refresh strategies to monitor client bases
• Design AML transaction monitoring and regulatory reporting programs to meet regulatory requirements
• Design a sanction program to meet regulatory requirements and mitigate reputation risk
• Implement transaction monitoring policies and procedures
• Develop a sanction screening program to document investigative procedures and mitigate risks
• Discuss recent regulatory landscape changes to stay informed of current issues and industry practices

Delivery
Virtually

Duration
Varies

This training provides a variety of theoretical and technical insights and demonstrates anti-fraud strategies that can be used to spot fraudulent acts. Strategies are illustrated by real-life case studies, and the course features code examples in Excel.

Includes the following topics: 

• Significance of financial fraud, its various forms, examples from distinct industries and the multiple challenges organizations face in the fight against fraud
• Practical approaches based on advanced statistical techniques used to analyze imbalanced data sets of financial transactions
• Social networks for fraud detection

Delivery
In-person or virtually

Duration
24 hours

Provides the key information that a risk manager needs to excel in the ever-growing risk management industry. Topics include risk management control and finance. 

Participants who successfully complete this training will be eligible to write the exams to earn their Canadian Risk Management (CRM) designation. Prepares participants to write the CRM exams through the development of test taking skills, practice exams and confidence building in a computer-based testing environment. 

Participant outcomes:

• Understand the nature, purpose and steps involved in risk management and identify the four risk classifications and how they assist risk management
• Effectively use the risk management process to identify, analyze, treat and monitor against risk exposures
• Describe various controls and understand how to implement them using root cause analysis
• Use various types of risk financing tools that will allow individuals and organizations to transfer risks from one party to another

Delivery
In-person or virtually

Duration
42 hours in total but can be customized based on client’s needs