Course description
The chief compliance officer determines the organizational risk management plan and policies to implement, manage, and align a compliance strategy that supports the organization’s mission and ensures good behavioral integrity. This Rcademy Course will allow participants to examine the complex compliance environment in organizations and the existing risk environment and successfully develop a comprehensive compliance plan to combat the most pressing issues in compliance and the risk challenges that face most organizations.
It will also ensure that you have a better view of the utilization of modern scientific concepts in both economics and psychology to impact behaviors that are developed based on the values and integrity that are necessary for the development and utilization of the right risk metrics in developing the right compliance culture in any organization.
You will learn how to effectively overcome the chief compliance officer’s (CCO) main challenges in ensuring there is a better influence on communicating the compliance culture in the organization and put you in a competitive advantage against your peers with better chances of landing a lucrative job of CCO.
Upcoming start dates
Suitability - Who should attend?
Who Should Attend?
The Chief Compliance Officer Certification Course by Rcademy is highly practical and is designed to be ideal for:
- Legal advisors and lawyers
- Auditors and audit managers
- Company secretaries
- Compliance professionals
- Compliance officers and managers
- Risk managers
- Directors and senior managers
- In-house corporate counsel
Outcome / Qualification etc.
After undertaking The Chief Compliance Officer Certification Course by Rcademy, participants will be able to:
- Define the meaning of compliance to an organization and develop a plan for organizational response to its demands
- Understand accountability and ethical behavior in an organization
- Learn to optimize the organizational structure for compliance
- Understand the potential risks for non-compliance
- Discuss the major duties of a CCO with professionalism
- Develop a corporate compliance program that is specific to their organization
- Understand the existing relationship between corporate compliance and governance, including the market expectation
- Improve the ability to communicate and analyze scenarios professionally as a CCO
- Equipped with the skills that can be immediately used to improve the performance of an organization
- Appreciate the extent to which organizations and their public officers are to the ever-increasing and complex regulatory environment
- Learn how to use different techniques and tools to use or develop the best risk metrics
- Learn to motivate and retain the right people
- Understand organizational compliance and effectively execute compliance plans in their organizations
Training Course Content
The required modules to be a certified chief compliance officer are presented below:
Module 1: Introduction to CCO
- Why is compliance important to any organization?
- Introduction to Neuroscience that influences behavioral compliance
- Developing and implementing an effective compliance strategy
- Developing a rubric for compliance
- Effective communication
- Misalignment and reporting of the inappropriate compliance system
- Case study:
Module 2: Compliance Alignment
- Compliance and risk
- Liquidity’s Role in Compliance
- Legal compliance requirement
- Enterprise compliance management
- Credit risk management
- Market and portfolio compliance
Module 3: Reporting and Ensuring Compliance
- How to train your team effectively using better plans
- Developing a better compliance matrix
- Researching in the areas of compliance and other important organizational aspects
- Compliance risk assessment matrix
- Developing a robust training procedure
- Obtaining the right information and details of effective compliance department functions
- Design and implementation of better compliance plans
- Compliance and simulation
Module 4: Anti-Terror Financing and Anti-Money Laundering
- Organizational risk profile
- Effective Know Your Customer (KYC) methodologies
- Appropriate reporting and escalation
- Management of risk appetite and tolerance
- Developing monitoring and surveillance systems
- Decision making
- Scenario testing
Module 5: Organisational Compliance
- Understanding the business relationship with compliance
- Compliance resources and tools
- Skill sets and qualities of an effective compliance officer
- Emerging compliance issues around the globe
- Stress testing
- Best practices
- Risk across the organization
Module 6: Ensuring Compliance for Anti-Money Laundering
- Effectively onboarding using the KYC program
- Account monitoring
- Current supervisory and regulatory requirements regarding international anti-money laundering
- Suspicious Activity Reporting (SAR) background and development
- The SAR Program and Process: procedures and Policies
- Sanctions program
- SAR regulatory requirements
Module 7: Account Tax Compliance
- History and background
- Ensuring tax compliance
- Tax act
- The impact of tax compliance: reporting, classification, and withholding
- Significant international regulation
- Key objectives of tax compliance
- Applicability of tax compliance act
Module 8: Anti-Bribery and Anti-Corruption
- international bribery act
- corrupt foreign practices
- bribery in business transactions
- who is governed under the anti-bribery provisions?
- Illegal or corrupt payments to government officials
- What does a corrupt act mean under international laws
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Rcademy
Rcademy is a global training and consultation organisation set out to bridge the gap between you now and what you can be in the near future. We are facilitators of knowledge impartation. Our team of established and experienced training enthusiasts...