Description

This internship will introduce you to the essential elements of governance and internal control in banks. It will show you how to implement effective security strategies and tools in banking activities.

Who is this training for ?

For whom ?

Junior internal auditors and controllers. Auditors. Accountants. Business managers. Risk managers.

Prerequisites

Training objectives

Compare internal control benchmarks

Implement strategies and tools to secure the activity

Measure the effectiveness of internal control with the implementation of KPI

Differentiate between fraud categories

Implement a matrix risk-based approach

Training program

• Fundamental concepts of internal control and compliance in banking
  • - Different definitions of internal control: objectives and purpose.
  • - Regulatory texts (SOX and LSF, COMOFI, CRBF 97-02, Basel regulations).
  • - Reminder of "traditional" risks of the bank (credit, market, operational risks).
  • - Internal control standards (COSO 1 and 2, COCO, Turnbull Guidance, AMF reference framework ).
  • - Exchanges Compare internal control benchmarks.
• Governance and management of internal control
  • - The actors of internal control, the different levels of control in a bank.
  • - Essential governance bodies and concepts (risk tolerance, thresholds).
  • - Functions and organizations dedicated to internal control (compliance, permanent and periodic control, risks).
  • - Practical work Identify the specific tasks at the different levels of internal control.
• Business security strategies and tools
  • - Establishment of risk mapping and an incident database.
  • - Regulatory procedures and business procedures.
  • - Periodic controls (planning, execution, documentation).
  • - Implementation of reporting, organization of committees and good practices.
  • - Awareness raising and training of staff.
  • - Practical work Implementation in place of a risk map.
• Organization and monitoring of the efficiency of internal control
  • - Organization (establishment of a permanent control/operational risk sector).
  • - Measurement of the effectiveness of internal control with the implementation of KPIs.
  • - Develop your dashboards.
  • - Practical work KPI analysis.
• Treatment of fraud risk
  • - Definition of fraud.
  • - Different categories of fraud.
  • - Fraud prevention mechanisms.
  • - The limits of the control process and risk management.
  • - Case study Case studies of increasingly complex fraud which make their detection difficult.
• Anti-money laundering
  • - Regulatory context /self assessment.
  • - Risk-based approach.
  • - Controls and documentation.
  • - Practical work Implementation place of a risk approach matrix.