Managing and Monitoring SYSC

Also available to be run in-house to discuss your requirements contact us on 01327 858292 or e-mail info@ctp.uk.com

Managing and Monitoring SYSC Course Outline

Systems and controls are regarded as the cornerstone of good management practice and the Senior Management Arrangements Systems and Controls (SYSC) Sourcebook sets out the FSA’s requirements. Additional chapters have been added to cater for MiFID changes providing greater clarity on what is required as well as some new material.

This practical managing and monitoring systems and controls one-day event has been created for you, if you have responsibility apportioned to you for managing the systems and controls in your area.

You'll learn how to:

Identify your key systems and processes
Isolate the essential data to provide you and your firm with evidence of controls
Generate hard measures for ongoing monitoring and trend analysis

Who should attend?
Attend this event if you are: 

Responsible for ensuring that your firm meets the FSA’s requirements,
Impacted by the requirements and would benefit from a better understanding of good practice standards


How delegates will benefit
The programme is designed to enable you to:

Understand the SYSC requirements, why they were developed and how they can be fulfilled
Develop the means to establish and document clear organisational structures and control the allocation of responsibilities appropriately
Explore different methods for establishing risks and building reporting structures to ensure they are adequately monitored and controlled
Know the requirements for record keeping in this complex area

Training Approach
This workshop is uses a combination of trainer input, knowledge sharing with interactive syndicate work and case studies

Group size is kept to a maximum of 15 to facilitate sharing of experience amongst the delegates

Workshop leader: Jayne Owen

Jayne is the Chief Executive of Corporate Training Partnerships Ltd and joined from the Ernst & Young Regulatory Practice where she delivered consultancy services to help major clients address compliance issues. She has over thirty years experience in the financial services industry and has worked within a regulatory body, the Investment Management Regulatory Organisation, as well as Barclays Bank PLC and the National Westminster Bank Group.

Her commercial experience spans most aspects of financial services from sales and marketing to finance, planning and operations within regulated firms she therefore brings both a broad understanding of regulation as well as business acumen to bear on issues.

In a training role Jayne uses a high degree of facilitation to draw out the experience of delegates. She challenges constructively to deepen understanding and enable the practical business advantages to be explored from using new knowledge and skills in the workplace.


Programme Outline 

SESSION	AIM	CONTENT
Introduction and welcome	To gain an understanding of the needs of the group and the objectives of the course	Introduce the group to each other and the trainer  Objectives for the day
Structure of the SYSC Sourcebook	To provide a foundation of knowledge for the sessions that follow	Examine the FSA’s intentions in developing this Sourcebook  To explore the new Common  Platform Chapters  Establish the essential steps in creating systems and controls
Organisation- clarity and accountability	To understand the requirements for organisational systems and controls	Responsibility and recording apportionment  The role of the board  Proportionality  Links to Governance and the  Combined Code  Common areas of difficulty
Operational issues	To examine the systems and controls essential for operational areas	People  Processes and systems  External events  Outsourcing  Insurance
Demonstrating Controls	To understand how to devise different types of controls and identify the most appropriate	Types of controls  Methodology for setting KPI’s  Case study – identifying controls in an end to end system
The role of the Control Functions	To understand the role played by these functions and key elements of risk control they oversee	Relationships between Compliance, Risk and Audit  Independent or combined? Syndicate exercise – relative merits  Independence and Whistleblowing
Business Strategy and risk	To identify the types of risk arising from business strategies and appropriate control mechanisms	Lessons from history  High risk strategies  Articulating strategy
Structuring documentation and keeping records	To consider the principle content of documentation to support compliance with SYSC	Required records  Retention

Money Back Guarantee
Corporate Training Partnerships offer a unique money back guarantee on all training courses. 

 We guarantee our training workshops or your money back. If you are attending a CTP event and are not satisfied by lunchtime of the first day, simply turn in your training materials and you will receive a full refund. 
 Attend one of our courses; then implement and use the strategies that you will learn and if you do not see measurable, tangible results in your performance then we do not deserve to keep your money - we will give you a full refund 

 
Also available to be run in-house. Book now or to discuss your requirements contact us now on 01327 858292 or e-mail info@ctp.uk.com

CTP - Championing the Compliance Culture

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