Banks Internal Control And Compliance

Course Overview

This training course aims to provide a complete overview of a bank's internal controls and compliance activities. Alternation between theoretical notions and practical simulations aims to provide a hands-on knowledge of the training course elements

Course Objectives

To train participants on the intricacies of bank internal control and regulatory compliance in order to avoid sanctions, financial and reputational losses

Course Outline

Regulatory framework and conditions of practice
- Internal controls requirements
- Internal controls system : risk mapping, distinction between continuous control and periodical controls
- Compliance : definition, scope, links with other control departments
Application : comparative analysis of the internal controls organization and the compliance departments of several major banks
Auditing - strategy, procedures, results
- Elaboration of an audit program
- Drafting the audit questionnaire
- Conducting interviews and validation tests
- Drafting the audit report
Application : analysis of an audit report on a compliance department
Banking operation cycles
- Means of payment
- Credits and liabilities
- Client deposits
Financial operation cycles and cross-department activities
- Market operators : front office, middle office, back office
- Other financial operations : operations for own account, operations for clients
- Support departments : legal, human resources, communication, marketing