Risk Management Training

This training program will detail why SR Letter 11-7 has become the gold standard for model risk management, with its principle being adopted not only by banks but also virtually all U.S. financial institutions.

For as long as can be remembered, financial markets have thrived under the following paradigm: if we do not know future prices, then they must be stochastically determined, therefore Gaussian mathematics is the tool to use. In this webinar, we address the questions: where does this reflex come from? How sure can we be? Are there no other ways?

This ISO 27001 webinar will help you to audit your program in relation to establishing, implementing, operating, monitoring, reviewing, maintaining and improving an information security management system and we will also discuss which standards to reference to effectively ensure your organization has a robust security program for your organization's vital information assets.

Lots of energy are being spent on ensuring that IT systems in financial institutions are 'safe' or can be declared as such to the public. However, we have to observe a gap between what needs to be told and the cyber-risks that are actually incurred by financial institutions. In this webinar, we keep away from the technical considerations which, as useful as these may be, inevitable end up in the dead-end when confidentiality has to be alleged. Instead, we challenge where the approach may err: when cyber-security teams have to keep their specialist knowledge to themselves instead of enrolling the other functions of the bank into a cyber-security systemic approach which can cover cyber-risks whatever their sources and natures: from organized crime to internal negligence, and including reputational risks.

Attend this webinar to get Step by step instructions on creating your department’s strategy utilizing agile principles. It will cover a Simple straight forward process you and your team can execute with ease. We start with a 360 degree analysis of your stakeholders, high light priorities, align to the larger organization goals, identify risks and roadblocks, create meaningful measurements, and develop the 2020 roadmap.

Most of our decisions are made with incomplete information, which leads to uncertainty and anxiety about the outcomes. Risk-based decision making is a rational, explainable and defensible way of making decisions. The knowledge you will gain is applicable to all areas of work and life.

This webinar will outline step by step, tools, techniques and actions you can implement the very next day. Even the very first steps you implement will have a surprising impact on your team and you as a leader. This will be your playbook for leadership agility and setting the example for teams.

In this webinar attendees will learn how to develop, use and document Hazard Analysis and the Product Risk Management File and Report per ISO 14971:2007/12 and ICH Q9. Also a field-tested (US FDA and EU Notified Body) multi-industry “model” will be presented in detail.

This anti-money laundering training will describe the reasons and methods of money laundering in financial institutions. This will help attendees to protect themselves from regulatory risk by establishing an effective anti-money laundering system within their financial institution.

Change is difficult. At the core of all change is human nature and human nature is as diverse as each individual. Learn proven techniques that enable your transformation to not only be effective, but embraced by the diverse individuals in your organization.

Vendor risk management is an important component of a financial institution’s operational risk management program. This training program will examine how a sound vendor risk management program, including careful planning, due diligence and selection, and close oversight and monitoring during the life of the contract, is necessary to reduce the risks posed by the outsourcing of critical functions.

This training program will discuss how purchasing cards (P Cards) provide a means for streamlining the procure-to-pay process, allowing organizations to procure goods and services in a timely manner, reduce transaction costs, track expenses, take advantage of supplier discounts, reduce or redirect staff in the purchasing and/or accounts payable departments, reduce or eliminate petty cash, and more. It will also illustrate how a P-Card program can create additional fraud risk and requires robust policies, procedures, and internal controls.

This webinar will explain how to design, implement and monitor critical Key Performance Indicators (KPIs) using powerful performance dashboards.

This webinar explores the components of strategic risk. Developing a common understanding and definition of strategic risk helps the participant form a comprehensive base upon which meaningful review and interaction with senior management can occur.

Understand the paradigm shift in credit risk, market risk and risk regulation. In this webinar training, we will prescribe an antidote against the dust of old risk management thinking, and submit views on what the post-crisis risk management ideas may be.

This fraud training program will focus on understanding the fraud problem and what propels employees to commit fraud. The course will also offer essential fraud detection tools and techniques and highlight best practices for developing and implementing anti-fraud controls.

This webinar will explain how to perform anti-fraud audits in the purchasing/accounts payable cycle. It will discuss the use of Audit Control Language (ACL) and how this tool and other tools like it (IDEA) are helpful in the analysis of accounts payable and purchasing data.

This webinar training on stress testing in financial institutions will depict scenarios, pitfalls to be avoided, and discuss how the choice of the right scenarios can provide good insight into strategic management of a financial institution.

This training program will answer questions related to IFRS financial statements and compare them to GAAP based statements using numbers from examples that come from every-day life. The course will also analyze the four key principles of IFRS and the cash flow statement, and discuss using financial statement notes to decode the numbers.

This webinar will instruct participants on how to best recognize and understand operational risks, emerging trends, and how to establish great risk management techniques over this risk area.