Introduction to Compliance Risk Assessment

Learn Fundamentals of Compliance Risk Assessment (CRA) and How Is It Practically Performed

Created by: Governance Risk and Compliance GRC
Governance, Compliance, and Risk Management Courses

What Will I Learn?

• Learn about Compliance, and Compliance Risks, with examples
• Learn about Regulators, different Laws, Regulations and Standards issued by Regulators
• Learn key Compliance Areas and related Requirements such as Cybersecurity, Data Privacy, ESG, Health and Safety, Anti Financial Crime Compliance, etc
• Learn about Risks, and Common Compliance Risks faced by Financial Institutions
• Learn about Inherent Risk Assessment, Residual Risk Assessment, Risk Scores, Ranges, Impacts and Likelihood
• Learn about Compliance Risks Identification Process
• Learn about the methodology of performing Compliance Risk Assessment
• Learn hoe Compliance Risk Assessment are performed by organizations using the Compliance Risk Assessment Template
• Case Studies to actually perform the Compliance Risk Assessment

Requirements

• No specific previous knowledge is required. Anyone who wants to learn about the Compliance, Risks and Compliance Risk Assessment can join this course.

Target audience

• Compliance Professionals, Compliance Heads, AML Head, AML Analysts, Compliance Analysts, Anti-Financial Crime Specialists and Compliance Students such as ACAMS
• Risk Management Professionals, Risk Analysts, Compliance Risk Management Professionals, and Risk Management Students
• Internal Auditors, Internal Controls Analysts and students
• IT or Cybersecurity Professionals and Students
• Money Laundering Reporting Officers (MLROs), Deputy Money Laundering Reporting officers (DMLROs)
• Departmental heads working in different departments or functions in an organizations or companies