Certified Compliance and Ethics Specialist

Why select this training course?

Being a professional requires operating properly, exhibiting integrity, treating others with decency and respect, and admitting errors. Employee and supervisor ethics training may have a significant positive effect on employee behavior. The training from Rcademy also focuses on ensuring that organizations comply with regulations and binding legal statutes.

What is the difference between compliance and ethics?

Compliance involves corporate personnel strictly abiding by established rules, regulations, terms and conditions, legal codes, and conventions related to their practices. On the other hand, Ethics deals more with moral codes, values, and natural law of a consciousness of what is good or bad, which may or may not violate established rules and regulations.

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Why are ethics and compliance in finance so important?

Strict adherence to compliance and ethics is critical to an organization’s operation, functionality, and the maintenance of its corporate identity. This is because it helps the organization function within the law and maintains a good outlook on the public.

The Certified Compliance and Ethics Specialist Training Course by Rcademy is crucial for employees to understand and increase their ability to adhere to legal ethics and compliance practices. With this course, you will be able to keep yourself and your organization to high standards and showcase your reverence for ethical dealings and regulatory compliance.

Who should attend?

The CCertified Compliance and Ethics Specialist Training Course by Rcademy is well-positioned for many organizations and individuals. However, this course has been specially designed to be attended by the following people:

• Ethics and compliance officers are responsible for ensuring compliance between the organization and its employees
• Compliance professionals and executives who oversee the overall regulation compliance
• Senior managers who direct the affairs of all employees and the coordination of activities
• Strategic planners are responsible for the design of different organizational strategies and plans of action
• Project managers and directors who conduct different management of the organization’s project implementation
• Procurement officers responsible for sourcing materials for organizational needs and operations
• Is any other professional interested in getting more knowledge about compliance and ethics

What are the course objectives?

The Certified Compliance and Ethics Specialist Training Course by Rcademy has been carefully designed to achieve the following objectives at the end of the training for participants:

• Identify the advantages of ethical leadership in any given organization
• Recognize the critical role of ethical leadership in promoting personal well-being and team performance
• Enhance and impart the relevant knowledge and skills for the management of ethics and compliance program
• Learn how to address the implementation and knowledge gap in compliance and ethics program
• Sensitize ethical practice needs on financial, economic, environmental, and managerial aspects of business
• Provide real-time solutions and training to compliance professionals on driving a practical ethics and compliance program
• Showcase the commitment of organizations to ethics and compliance with the goal that such organization makes ethics and compliance a standard operating procedure

How will this course be presented?

The Rcademy course has been designed to match the participants’ needs to ensure active participation throughout the program. Professionals deliver the course training in an approachable and attractive manner. Role-playing, group exercises, presentations, and a range of other enjoyable activities are among the concepts for participant involvement included in the program.

Participants will also have the opportunity to debate real-life scenarios, which will help to make the course more topic-relevant. Participants who want to talk about their experiences at their company or elsewhere can do so.

What are the topics covered in this course?

Module 1: Introduction to Compliance and Ethics

• Overview of ethics and compliance
  – Definition
• Legal standards
• Business standards
• Code of conduct

Module 2: Ethical Procedures and Policies

• Overview of ethical procedures
  – Creating compliance and ethics procedures and policies
  – Maintaining compliance and ethics procedures and policies
  – Consulting with relevant resources (e.g., Finance, HR, legal)
  – Ensuring consistency between the organization’s vision, values, and code of conduct
• Policies
  – Maintaining compliance and ethics strategies
  – Sustaining non-retaliatory policy
  – Ensuring the existence of the relevant record-retention policy

Module 3: Behavioural Code

• Establishment of behavioral code
• Maintaining a code of conduct
• Establishing a policy on conflict of interest
• Establishing a confidentiality policy
• Establishing relevant privacy policies
• Policies on third-party interactions
• Establishing a compliance manual
• Practices according to behavioral code
  – Procedures and policies that address specific risk areas
  – Relevant governance policies linked to compliance
  – Internal control against misconduct
  – Government sanctions (entities and individuals)

Module 4: Ethics and Compliance Program Administration

• Overview of Ethics and compliance program administration
  – Reporting ethics and compliance activities
  – Coordinating ethics and compliance operational programs
  – External and internal collaboration to benchmark best practices
• Implementation, practice, and maintenance
  – Implementation of ethics and compliance functions
  – Knowledge maintenance of existing legal and regulatory changes
  – Maintaining the complaints program’s integrity and credibility
  – Embracing outside expertise
• Roles and responsibilities
  – Define the counsel’s role in the process of ethics and compliance
  – Managing ethics compliance resources and staff
  – Embedding programs of ethics and compliance into the business
  – Developing a periodic work plan for ethics and compliance
  – Putting a process in place for the management of ethics and compliance conflict of interest

Module 5: Training, Education, and Communications

• Ethical and compliance communication
  – Disseminating valuable information on impending risk areas
  – Communicating information on ethics and compliance within the organisation
• Ethical and compliance training
  – Developing effective and appropriate ethics and compliance training for relevant individuals
  – Measuring the effectiveness of the training on ethics and compliance
  – Ensuring employees understand the obligations for reporting misconduct
• Education on ethics and compliance
  – Employees’ understanding of ethics and compliance
  – Promoting ethics and compliance culture within the organisation
  – Ensuring the participation of ethics and compliance personnel in maintaining professional competence       and continuing education
  – Tracking ethics and compliance train programs participation
  – Conducting ethics and compliance education for all vendors, employees, and board members

Module 6: Internal Reporting Systems

• Protecting confidentiality and anonymity
  – Practical and legal limits
• Publication of reporting systems to third parties
  – Vendors and employees
• Monitoring organizational misconduct
• Establishing systems permitting third parties
  – Feedback mechanism
• Addressing internal reporting of ethics and compliance concerns
• Conducting ethics and compliance audits

Module 7: Auditing and Monitoring

• Establishing routine monitoring of ethics and compliance activities
• Monitoring Ethics and compliance audit results
• Addressing external entities’ audit results
• Leveraging government policies to monitor compliance
• Routinely evaluating ethics and compliance programs’ effectiveness

Module 8: Discipline & Incentives

• Discipline
  – Proportional discipline to violation
  – Organisation’s disciplinary procedures and policies
  – Ensuring the enforcement of discipline across the organization’s level
  – Documenting recommended disciplines
  – Coordinating with management in ensuring the application of prearranged corrective actions
• Incentives
  – Integrating incentives for the encouragement of ethics and compliance behaviour
  – Leveraging ethical and compliance behavior as an evaluator tool for job performance
  – Ensuring compliance with the policy of non-retaliation of the organization

Module 9: Response & Investigation

• Response
  – Responding to ethics and compliance issues
  – Reporting non-compliance issues through the relevant organization’s channel
  – Assisting investigation with internal resources
  – Initiating program enhancements that respond to specific weaknesses or problems within the program
• Investigation
  – Conducting internal investigations
  – Responding to government investigations and inquiries
  – Maintain compliance investigations records