Corporate Governance for Financial Institutions

Introduction

This Corporate Governance for Financial Institutions training course will explain Governance and its tools of Risk Management, Compliance and Internal Audit, its added value, the obstacles and how to implement it practically and successfully.

The content is designed not only to provide an all-round advanced level exposure to critical areas of GRC, but also to attain and improve the concepts, roles, tools, added value and functions of the Governance environment tools within an organization such as Risk Management, Compliance and Internal Audit in order to achieve cooperation among these functions and improve their process and harmony. 

This GLOMACS training course will highlight:

• Fundamental concepts of corporate governance, its guiding principles and content elements
• The relationship among risk management, internal audit, and compliance
• Risk assessment, assimilate risk taxonomies and its classification
• Compliance new approach, risk-based compliance as well as the internal audit new approach: risk-based approach
• The necessary components to help your organization become a principled performer

Objectives

This Corporate Governance for Financial Institutions training course is structured to enhance full understanding of the ideologies, tools and methods of Corporate Governance and its arms Risk Management, Compliance, and Internal Audit in one program. 

At the end of this training course, you will learn to:

• Improve alignment to mission, vision and values of the organization
• Align risk and compliance in context of your organization
• Handle professionally Risk Management, Internal Audit and Compliance relationship
• Link CG to organizational risk considerations, international frameworks and standards to provide an organizational specific risk focused entity
• Understand The GRC (Governance, Risk, and Compliance) Perspective

Training Methodology

A variety of training methods will be used and will be applied in a diverse manner, such as, brainstorming, lecturing, exercises, group discussion and sharing experiences. The variety helps participants stay engaged throughout the training course, feel challenged and draw quick wins for their development.

Organisational Impact

This Corporate Governance for Financial Institutions training course gives you up-to-date perceptions into the domain of corporate governance, risk management, internal audit and compliance, especially for those who are looking to become executives in their organizations very soon.

By the end of this training course, you will learn:

• Key Principles of Good Governance, Benefits & Barriers
• The best strategies for building high-quality governance framework
• Define the role of the board of directors and Audit Committee
• The Risk management, Compliance & Internal Audit Departments’ Triangle
• Manage governance function within different business contexts – listed, private and state-owned

Personal Impact

Delegates will leave with a sense of purpose towards strong Corporate Governance for sustained business growth, as well as a new appreciation of Risk and Compliance not as resource based cost centres, but as business enablers and long-term value partners.

Upon the completion of this Corporate Governance for Financial Institutions training course, participants will gain:

• Enhanced convergence of Corporate Governance components
• Improved alignment to mission, vision, and values of the organization
• Ability to assess, evaluate and audit the performance of Corporate Governance activities and controls
• Better management of board and board governance committees
• Validate your knowledge of Audit Committee capabilities and showcase your expertise in planning, assessing, and improving AC to achieve Principled Performance