Governance, Risk and Compliance (GRC) Certification Course

Why Select this Training Course?

This course will help you have a transparent view and a better approach to governance, risk, and compliance. Understanding these concepts is critical because they are part of the factors that can lead to success in businesses and organizations. The ideas taught in this course will give you a competitive advantage over your peers regarding integrated governance, compliance, and risk management. Some of the skills you will learn include the ability to effectively design the correct GRC plan or enhance the existing one across the organization based on international standards and best practices

What are governance, risk, and compliance training?

This Rcademy course on governance, risk management, and compliance is the core to key functions of planning, creating procedures, policies, and administrating plans to protect an organization or business from risks and other legislation problems. It involves identifying important parts of GRC, describing the structure of GRC in any organization, understanding risk management by correctly assessing risks and developing key methodologies for GRC.

How do I start a career in GRC?

The necessary qualifications to become a GRC expert include having a degree in the following fields:

• Business
• Computer science
• Commerce
• Accounting
• Management

And any other relevant bachelor’s degree. You can also start a career as a GRC professional by having a year or more of experience in the financial industry. The attained experience must be relevant and applicable to GRC. You can then attain certification in GRC by taking this course to be fully certified.

The Governance, Risk, and Compliance (GRC) Certification Course by Rcademy is designed to give you practical experience and know-how to solve real-world problems with so much ease. It will also help you enhance your GRC activities or those within your organization according to the established international standards and best practices. By undergoing this course, you will become an experienced professional in GRC and a trusted professional in the field:

Who Should Attend?

The Governance, Risk, and Compliance (GRC) Certification Course by Rcademy is ideal for:

• Internal auditors who seek to increase their GRC knowledge
• Managers that handle GRC activities
• GRC professionals
• Executive directors and board members
• Risk management professionals
• Legal professionals who are tasked with the responsibilities of ensuring compliance
• Compliance and governance managers
• IT professionals that have to deal with GRC

What are the Course Objectives?

The main objectives of The Governance, Risk, and Compliance (GRC) Certification Course by Rcademy is to enable participants to be able to:

• Grasp the core concepts related to GRC
• Learn the important and required components to help your business and organization become principled performers
• Correctly identify, align, and put into context the risks of your organization
• Learn how to ensure the GRC activities by using a better risk-based audit approach
• Understand how to develop a better GRC strategic plan
• Understand the important roles necessary to create an integrated GRC that is capable of improving an organization’s performance
• Train other professionals such as the IT team, auditors, compliance, and human resource department on compliance
• Motivate and inspire correct conduct through principled professionalism
• Define the organization’s risks, plans, and implementation of GRC processes that are fluent and correct
• Advise senior executives on developing a board structure that is compliant with legislation
• Support the creation of an efficient risk management plan in any organization according to international standards
• Assist in formulating committees to oversee compliance
• Contribute to establishing better compliance to increase confidence in any organization

How will this course be presented?

This Rcademy GRC course is well designed to ensure that you will gain practical skills that are ready to solve current market problems and place you in an experience position compared to your peers. The facilitators understand that it is important to build practical knowledge from the theoretical information provided in this course. Therefore, they have developed assignments, group discussions, exercises, and case studies to impart practical knowledge in the maximum possible ways. It will be delivered using a well-studied teaching method tested and proven to work.

What are the Topics Covered in this Course?

Module 1: The Existing Compliance and Regulatory Environment

• Your jurisdiction environment of operations
• Key regulations that affect organizations
• What do supervisors and regulators do?
• What do internal regulations entail?
• Major trends in the global regulatory environment
• The difference between a regulatory obligation and best practice
• Important characteristics of holistic regulatory changes to the new laws
• Overview of Compliance and regulatory environment
• The role of compliance in any organization
• The objectives of regulations and compliance

Module 2: Corporate Governance

• Audit committee formulation: roles and duties
• Supervisors and transparency
• The CSR (corporate social responsibilities)
• The Duties and Importance of public disclosure
• Board of Directors’ duties
• Sound corporate governance practices
• Shareholders and stakeholders and governance
• Case study

Module 3: Internal Controls and Risk Management

• Effectively managing compliance risks
• Characteristics of the main risk classifications
• The effect on organizations
• The need for internal controls
• Creating a risk management approach
• Understanding the risk-management approach
• Fundamentals of risk classes
• Main types of risk classification that organizations face in the current world
• Understanding how to identify, control, and mitigate risks effectively

Module 4: The GRC

• Building an effective risk and governance model across an organization
• The integrated GRC approach and their important enablers
• Selective best practices
• Principles and the importance of governance, compliance, and risk management
• Role and Duties of board members and Committees
• Overview of the GRC

Module 5: Handling Non-Compliance

• Sanctions
• Anti-money laundering
• Market abuse and inside dealers
• Identifying high-risk indicators and understanding the root causes
• Preventing fraud
• Banks and financial institution’s non-compliance
• Bribery and corruption
• A risk-based approach to money laundering and terrorist financing

Module 6: Compliance and its Success

• Definition of compliance
• Results of Compliance and Failures
• Implementing compliance programs
• Ensuring compliance in an organization

Module 7: Policies that the Board Creates

• Risk management and audit policies
• Conflict and interest
• Anti-harassment and anti-bullying
• Financial reporting and audit
• Anti-fraud and anti-corruption
• Anti-discrimination
• Investments and asset management policies
• Nomination, remunerations, and succession policy

Module 8: Board Committees

• Risk and compliance committee
• Audit Committee
• Nomination committee
• Executive committee
• Ethics and CSR committee
• Investment Committee
• Governance Committee