Risk & Digital Banking Innovation Masterclass

 COURSE SUMMARY

The pressure on Banks, Insurance & the Regulated Financial Services sector to deliver, smart, innovative & competitive new products and services in the face of challenges from light & nimble competitors is set to rise rapidly in the coming years.

Business Leaders and Risk Professionals are rethinking their Enterprise Risk Management practise and strategies to fit the new the risk management models.

The new realities inevitably require a new Financial Risk Management course of action, aligned with a clear digital transformation strategy, incorporating organizational change management best practices and expert knowledge.

All this is set to place an increasing burden on Operational Risk, Compliance and Reporting leaders who are increasingly challenged to re-invent & re-think how they collaborate & work with the business to support & grow Digital Innovation & the Organizational Change Management Processes

During this 3-day course, you will learn from an expert in the field of Risk & Compliance:

★ Why a new Risk & Innovation agenda is required for banks and financial services
★ Why Enterprise Risk Management Strategies need to change
★ Why Risk Management is a key part of Innovation, Transformation & Digital Change Management
★ How changes in the Financial Services Industry are influencing Financial Risk Management best practices
★ How to Lead, Guide & Inform Compliance in a fast-paced Innovative Environment
★ Examples & Case Studies from the real-world: What works and what happens when it doesn't

WHAT YOU WILL LEARN

 How to make each Innovation & Transformation a successful Enterprise Risk Management Project

 Keep Abreast Innovation, while Managing and Enforcing Core Enterprise Risk Management Objectives

  What's driving Innovation & Transformation and how to overcome Risk & Governance Challenges

 How to Change the Enterprise Risk Management Conversation to Support, Guide & Inform change & transformation

  Which Enterprise Risk Management Models and Strategies need updating to fit the new Digital Realities

  What Trends & Financial Technology Challenges Corporate Risk Professionals are facing in fields such as:

  ★ Remittances
  ★ Agent Networks
  ★ Artificial Intelligence
  ★ Robotics
  ★ Blockchain Technology
  ★ Bitcoins & Cryptocurrencies
  ★ Alternative Payments Methods
  ★ Alternative Value Stores (e.g Wallets and Digital Currency Exchanges)
  ★ and how are regulators and governments responding

ENHANCE THE EXPERTISE OF

  •  Senior Risk Management Professionals & Governance & Compliance
  •  Fraud Risk & Regulatory Affairs Managers, Heads & Senior Leaders
  •  Chief Risk/Information & Security Officers
  •  Digital/Electronic/Channel/Product Managers & Leaders
  •  Innovation & Fintech Professionals
  •  HR & Training Managers & Leaders
  •  Senior project & Programme Leaders
  •  High Potential Innovation Leaders of tomorrow
COURSE OBJECTIVES & OUTCOMES

  Learn How Digital Innovation & FinTech are changing Enterprise Risk Management Best Practices
  Why striking the right balance between Innovation and Market Demands is key
  Leading the Stakeholder Management, Regulation, Risk & Compliance conversation according to latest Enterprise Risk Management Best Practices
  Leading, Guiding & Informing Digital Transformation in a fast-paced Digital Innovation and Financial Technology Environment
  Starting on the Innovation ERM Journey and why Identifying the Starting Point & End Game is Key for your Corporate Risk Management Success
  How to Establish & Manage an Effective Digital Innovation ERM Function
  Designing & Leading Digital Transformation Risk Management Processes that Ensure the Core Principles are Met
  Managing & enforcing sound ERM Practices in a Challenging & Competitive Market
  Best Practices and Real-World examples, including Case Studies and Enterprise Risk Management successes
  Building a framework for Regulatory & Compliance and putting the right amount of governance in place to meet Goals, Targets & Objectives
  People, Practice & Change: Organizational Risk Management Structures & Best Practices
  Innovation & Liability, Exposure, Consequential Risks & Digital Change
  Corruption, Bribery, Digital Innovation & Financial Technology
  Balancing Data, Privacy & Confidentiality - The Challenge of Technology & Innovation
  Planning, Analysis, Simulation & Mitigation to Identify Enterprise Risks Innovation & Change: Enterprise Risk Assessment & Performance Management
  Best Practices: Reviews, Controls & Remediations
  The Impact of Digital Technology on Financial Reporting, Processes & Systems
  KYC, Customer Due Diligence, Financial Technology & Products
  AML/CTF Rules, FinTech & Digital Innovation
  Why the Right Threshold Transaction Reports (TTRs) are Key
COURSE AGENDA

DAY 1: DESIGNING EFFECTIVE ENTERPRISE RISK MANAGEMENT PRACTICES FOR INNOVATION SUCCESS

 Enterprise Risk Management core concepts
  ERM challenges practitioners are facing
  Trends & tech challenging risk management departments
  Building a framework for regulatory & compliance

DAY 2: IMPLEMENTING EFFECTIVE ENTERPRISE RISK MANAGEMENT FOR DIGITAL INNOVATION & TRANSFORMATION

 The ERM journey: how to plan and what to consider
  ERM deliverables
  Defining the enterprise risk management framework & scope
  Delivering value

DAY 3: MASTERING PEOPLE, INFLUENCE & CHANGE

 Connecting the elements of ERM
  The importance of leadership in managing risk & digital innovation
  People, influence & change
  Closing the gaps

COURSE FEE INCLUDES ✔
Course/Attendance Fees
Course Manual & Materials
5-Star Conference Venue
Morning & afternoon tea's daily
Lunch/Meals
Friendly (please advise on booking)
COURSE FEE EXCLUDES ✘
Delegate Travel
Delegate Accomodation
Transfers & Transport
Course Rates
EARLY BIRD REGISTRATION Terms & Conditions Apply
Standard Rate
Colleague Discount Rate
Group Discount Rate