Anti-Money Laundering/Combating the Financing of Terrorism

In recent times, there has been a phenomenal growth in financial services and activities. This growth has led to increased cross border activities, with enhanced global financial intermediation. Unfortunately, this development has been accompanied by a spate of transnationally-organized crimes, including Money Laundering and Terrorist Financing (ML/TF). Given the potential negative impact of AML/CFT infractions on the socioeconomic development of any economy, financial institutions are known to have significant roles to play in complying with these regulations and in developing appropriate mechanisms to tackle this menace, minimise negative impact, and restore confidence in the system. Also, best practice requires that financial institutions undergo periodic self-assessments of their compliance status to the AML/CFT regulations, in line with statutory guidelines and requirements, to bridge identified gaps, address inherent challenges, and avert likely consequences and sanctions. In furtherance to this and ensure compliance to statutory guidelines, organizations must understand these statutory requirements and upscale their institutional capacities to effectively and efficiently monitor and manage likely impact of non-compliance for a strong viable financial system, unsusceptible to internal and external threats.

Corporate Frauds Detection Prevention and Control

With the cases of fraud experienced by businesses in recent times, increasingly placed organisations and their reputations at risk. Fraudsters continue to operate with more sophistication, which enable them to circumvent control procedures. Organisations must therefore, continuously evaluate and update their fraud preventive measures. This course seeks to inform executives on the intricacies of fraud, its identification and how to mitigate the risk of crystalizing.

Audit and Internal Control

The creation of exotic service delivery channels, the extension of bank franchises across national boundaries, as well as new requirements for meeting international financial audit and reporting standards. These developments have made it imperative for Bank Inspectors and Internal Auditors to continually upgrade their skills. This course provides insights on traditional and emerging issues in audit and internal control.

Cyber Security Workshop

Cyber Security poses an increasing threat to Banks and Other Financial Institutions. An attack resulting in the loss of vital data can have a devastating effect on the firm's reputation. Beyond the immediate financial impact, the consequences of a data breach can extend from brand and reputation damage to loss of revenue, degraded consumer confidence, lower share prices and greater regulatory scrutiny costing significant amounts of time and money to repair. In addition, the interconnectedness of financial institutions leaves them vulnerable to disruption, threatening national security and the stability of the global financial system. This course presents the opportunity for participants to network and build partnerships with peer level professionals, while learning new ideas and strategies that they can replicate within their own nancial institution, to build a best practice culture.

Financial Modelling

In a dynamic business environment, the ability to accurately model and forecast volatile economic inputs, is a critical skill for business managers. The application of new techniques support analysis of financial data, predict revenues/cost, and assess risks. These models justify business decisions in the most time-efficient and effective manner.

Business Analysis with Excel

Given the dynamism in the business environment, organisations are increasingly relying on big data to make top-notch decisions to remain competitive. Successful organisations make the most out of available data. Therefore, the skills for gathering data, manipulate data and analyse data to formulate strategies has become very essential. Microsoft Excel is one of the world's most useful software for data analyzing and reporting. In this course, the participant will learn how to apply data analysis using Excel's most popular features.

IFRS 9 Financial Instruments

The international Accounting Standard Board (IASB), published the complete version of IFRS 9, which replaced most of the guidance in IAS 39. IFRS 9 includes amended guidance for the classification and measurement of financial assets. It outlines recent developments in hedge accounting, as well as examines the principles contained in the expected loss from credit impairment. The course is packaged for professionals who have experienced operating with IAS 39 and wish to gain deep understanding of IFRS 9 implications for the design, management and reporting of hedging strategies.

Strategic Asset & Liability Management

The volatility of financial markets and increased proliferation of new financial products, have made Asset and Liability Management, a critical issue for many organizations. It is therefore, imperative for officers responsible for this function to continually upgrade their skills, within the context of corporate and business strategy in dynamic times especially.

Business Writing and Communication Skills

The ability to effectively communicate in writing is essential for professional success. Every Letter, email, report, and proposal written either detracts from or enhances an individual's professional identity and an organisation's brand image. In today's fast - paced and information- driven environment, there is pressure to achieve results quickly from every necessary skills to communicate ideas in a fashion that is clear, precise, concise and helps in achieving the desired business impact.

Human Resources Analytics for Business Decision

HR Practitioners help drive business performance by delivering competitive value through people. Performance thrives on measure, therefore, HR leaders need to be adept at planning and interpreting organization people metrics. This calls for organization people metrics and a good grasp of HR analytic - the systematic collection analysis and interpretation of HR data to improve decisions about talent and an organization as a whole. The use of analytics is changing the way HR practitioners guarantee the value that people have in an organization's ability to succeed in the market place.

Basic Credit Analysis and Management

Globally, financial institutions earn a significant proportion of their income through the generation of risk assets. Risk assets by their nature have high income earning potential. However, by their mandate, financial institutions are also exposed to various risks which can have negative impact on the sustainability of the institutions. It is therefore, pertinent, that individuals with the responsibilities of managing the credit value chain are sufficiently equipped with required skill to perform their roles. This programme is designed for professionals involved in lending to customers in various market segments and focuses on the essential methodologies, tools, concepts and information sources required to effectively evaluate loan requests and a borrower's ability to service debt.

Effective Management of Branch Offices

The increasing demand for service convenience, constant expansion of service channels and rapid of branch networks, have become veritable tool for expanding market share. Given this development, organisations must deploy competent staff to manage branches, lest they discount the corporate brand and become burdensome loss leaders.

Problem Loans: Warning Signals, Assessment and Recovery

This course has been designed with credit officers in mind. It emphasizes the need for credit officers in financial institutions, especially banks, to have a sound grasp of the basic principles of credit assessment, monitoring and control. The essence is to minimize cases of loans going bad to a very large extent, within the Financial Services Sector and for credit and loan monitoring officers, to be able to easily detect loans that could become problematic from the very onset.

Basic Train-The-Trainers

Building skills and improving knowledge of employees helps companies stay competitive whilst impacting the bottom line positively. However, more often than not, the benefits and return on investment (ROI) of the training may not be immediately apparent. In order to maximize the value obtained from empowering employees in this manner, companies need to constantly upgrade the knowledge and skills of their senior staff and subject matter expert, to facilitate the impartation of knowledge and technical skills, based on their experience and expertise; to younger employees. Hence, the need for a Train-the Trainers Programme.

Best Practice in Audit Reporting

For an audit exercise to fulfil its purpose, the report emanating from the process must be written using a format that is easily understandable and actionable. Such report must be the right tone for diverse readers and address the needs of multiple audiences. Thus, effective reporting is an essential aspect of the audit process. Therefore, organizations should continually upscale the skill sets and competencies of its audit and other related functional staff in writing good audit reports that can facilitate effective decision making within their organization.

Enhancing Boards Cyber Risk Oversight

With the increasing digitalization of corporate asset, there has been a corresponding increase in the digitalisation of corporate risks. Consequently, financial institutions are confronted with cybersecurity risks more the ever before. Cyber risk is a serious enterprise-level risk that affects virtually all levels of an organisation’s operating activities. Several issues combine to make the nature of the risk formidable: its complexity and speed of evolution; the potential for significant financial, and reputational damage; and the realisation that total protection may be an unrealistic objective. With cyber attacks and data leakage growing in numbers and complexities, posing daily threats to financial institutions across the globe, the boards of these institutions are more than ever before challenged to improve their oversight of cybersecurity, with greater resilient, transparency and diligence. Cyber-attacks can damage an organisation’s reputation, threaten intellectual and physical property, impact market value, as well as erode stakeholders’ confidence and goodwill. Considering the adverse impact of this scourge on financial institutions, effective management of cyber risks becomes not only a business and strategic imperative, but also a critical aspect of the board oversight roles and responsibilities. Directors must continuously assess their capacity to address cybersecurity, both in terms of their own fiduciary responsibility, as well as their oversight of management activities. Ultimately, cybersecurity is a human issue. The board must bring its judgment to bear and provide effective guidance to management, by ensuring that the organisation’s cybersecurity strategy is appropriately defined and sufficiently resilient, given its strategic imperative and the reality of the business ecosystem in which it operates.