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

Learning Objectives:

At the end of this session, participants will be able to:

Handle 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
• Ethics and Corporate Governance