The Compliance Function in Commercial Banking

General objectives:
This course is aimed at all professionals who wish to acquire Compliance expertise in Commercial Banking.

Specific objectives:
At the end of the course, learners are able to:

• Define and establish the need for a Compliance Department;
• Avoid personal responsibilities: duties and obligations of "high managerial agents";
• Set risk profiles among employees;
• Manage the legalities in compliance;
• Detect alarm and protection mechanisms;
• Establish the key elements of a compliance program;
• Apply compliance rules to your business;
• Measure the effectiveness of a compliance program;
• Systematize the critical levels of compliance;
• Encompass the compliance of operational procedures;
• Suit conducting internal investigations;
• Perform maintenance and improvement of the program;
• Dealing with shareholders in the event of internal investigation;
• Avoid Money Laundering through compliance;
• Assess the impact of the Board of Directors and the Director - General in compliance culture;
• Turn compliance into a competitive advantage.

CONTENTS

Module I - Concepts

• Compliance Basics
  • Direction, risk management and compliance;
  • The compliance management;
  • How to avoid personal responsibilities: duties and obligations of "high managerial agents";
  • In addition to the law, reputational risk and other intangible
• Why you need a Compliance Department?
  • Whence comes the need for someone who meets the compliance functions;
  • Role of the compliance department and its Director;
  • How to start from scratch;
  • Compliance Templates
• What are the Compliance Department Functions?
  • Risk assessment;
  • Definition of a compliance program;
  • Monitoring, measurement and analysis of the compliance program;
  • Definition of risk profiles among employees
• The Legal Framework of Compliance
  • The legal landscape of compliance and ethics programs;
  • Management of legal matters in compliance:
    • Compliance as attenuator penalties;
    • The use of the legal professional privilege;
    • As the process matters relating to due diligence;
    • The Affairs concerning conflicts of interest;
    • The Revelations.How to establish a Compliance Program?
    • Basic framework to establish a compliance program;
    • What are the key elements of a compliance program;
    • What are the key strategies and the best tactics to implement and maintain a compliance program;
    • How to build a compliance program on ethics, legality and productivity of operations, while minimizing the business risk;
• How to apply compliance rules to your businessThe efficiency of Compliance Programs
  • How to achieve an effective compliance program;
  • Procedures which may be adapted for compliance results;
  • How to measure the effectiveness of a compliance program;
  • How to carry out evaluations;
  • Who can use these analyzes;
  • Establishment of significant measures for assessing compliance performance;
  • What are the compliance features:
    • the manuals, job aids, sources of advice;
  • How can encompass compliance with operating procedures.
• How to perform maintenance and Program Improvement
  • Training and updating;
  • Other visible tools;
  • Internal Audit and Review;
  • Other supervisory bodies;
• Agreements with regulators.Internal Investigations
  • What are the best practices for proper conducting internal investigations;
  • Internal investigations at the request of the Board of Directors;
  • How to deal with stakeholders in case of internal investigation;
  • How can "complicate" an internal investigation;
  • What are the most common errors in conducting an internal investigation?
• How to Avoid Money Laundering through compliance.
• What is the Relationship of the Board of Directors with the Compliance area
  • Impact of the Board of Directors and Director General in compliance culture;
  • What are the means at the service of the Directors Board to whether a compliance program is effective:
    • How to check the efficiency of a compliance program;
    • How to perform the evaluation process efficiency;
    • The evaluation process should be internal or external;
    • The information reports to the Board of Directors;
    • How to prepare the answers to the questions that will be carried out by the Board of Directors.
  • How should protect with the compliance function?
    • the How to protect yourself;
    • the Why protect yourself;
    • How should the change, where and what the appropriate time.
  • How can turn compliance into a competitive advantage and how to deal with crisis
  • Can a compliance program to improve the efficiency of your organization?
  • How to deal with compliance crises?
    • What is that the regulators want?
    • Stakeholder management;
    • Using the non-conformity with the law to improve the business

Module II – Audit

• Difference between Internal Audit and Compliance.
• What are the s for Audit Compliance? What is the role of Internal Auditors in Audit Compliance? Knowing the Audit.
  • Assess the risk of compliance and how it is managed;
  • The existence of monitoring mechanisms for compliance risks
• Skills and Training of Internal Auditors
  • Multidisciplinary View of internal auditors;
  • The guiding principles of the auditor;
  • objective view regarding the changes to be evaluated and implemented in the corporate business environment;
  • The profile and Conduct of Internal Auditors.
• Planning the Compliance Audits
  • Criteria to consider for planning the audit
• How to make a Compliance Audit Program
  • Objectives, scope, testing and other audit procedures
• How to write a Compliance Audit Report
  • Timing;
  • What kinds of effective reporting and writing (Reporting Objectives with essays focused on seeking the cause of the deficiencies in Cases and preventive internal controls);
  • Reports as a generator of preventive and corrective actions

Module III - Fraud - Is identification level:

• Cash;
• Opening accounts;
• Drive accounts;
• internal accounts settlement;
• Transfers between accounts;
• Accounts without movement;
• overdrafts;
• documentary Compliance;
• cards;
• electronic banking;
• Access to systems.