Structuring, Managing and Leading an Effective Compliance Function

Course Code:	COMP1011
Dates:	On a date of your choice
Venue:	Central London
Course Fees:	Available on application
CPD Credits:	6

To discuss running this course in-house please contact us on 01327 858 292 or email info@ctp.uk.com

Structuring, Managing and Leading an Effective Compliance Function - Course Outline

"Very well structured and informative course." Head of Compliance, National Savings

"Very interesting, well presented and very useful." Compliance Manager, Capital Home Loans Ltd

"Well balanced. I found the case studies useful." Compliance Manager, Vanquis Bank

Compliance functions must constantly adapt to meet the challenges of an ever changing risk, business and regulatory environment.

If you are managing all or some aspects of the compliance function, how can
you structure and target your resources most cost-effectively, manage your policy, monitoring and reporting obligations and keep yourself, your staff and the business up to date with the latest regulatory expectations?

This practical course will help you answer this and other recurring questions, such as:

• How should audit, compliance and risk co-ordinate activities?
• What data should inform your decision about how many people you need?
• Should you have a separate policy team?
• Should monitoring be separate or done with the audit team?

This one day workshop is led by a very experienced past compliance director who has a practical and successful track record of building compliance teams in different businesses. Bob White will use case studies and syndicate exercises to cover key elements of running a compliance function, including:

Designing a Compliance team structure to suit your people and business
Building and maintaining an effective and up to date monitoring programme
Getting the most from relationships with Risk and Audit functions
Establishing your compliance manual as a meaningful and valued resource
Making sure your compliance reporting meets the needs and expectations of
senior management and the FSA

Who should attend?

This programme will benefit managers, directors and heads of Compliance and Regulatory Risk in any sector, as well as executives in Signficant Influence Functions with responsibilites for compliance. It will also be of value to Risk and Audit professionals who wish to gain an insight into how best to interact with this key function.

Training Approach

This course is focused on pragmatic, best practice approaches to the real life, everday challenges and decisions facing Compliance Management. Using a combination of trainer input and knowledge sharing with interactive syndicate work and case studies, it will define the fundamental elements required to build and maintain an effective compliance function. There will be ample opportunity for individuals to raise issues of most concern to their organisations.

Course Leader: Bob White

Bob White has over 25 years of experience in the banking and investment sectors. He worked as a compliance officer for 16 years and has set up and managed many compliance functions. He worked at Lloyds TSB, where he was Group Compliance Officer, and was a Compliance Director at Hill Samuel, Jardine Matheson and Credit Suisse. He has latterly become a compliance consultant helping companies to install risk based compliance monitoring programmes, write policies and procedures and develop their compliance strategies.

Bob’s experience allows him to recognise the practical issues that arise in structuring the compliance function, responding to change in the business and in the approach of the regulator, and working with related control functions.

Bob has served on various industry regulatory committees and working parties including at the British Bankers’ Association, the Investment Management Association and the FSA. He has spoken frequently on compliance and risk management subjects. He has a Masters degree in Economics of Finance and is a Fellow of the Compliance Institute.

Programme Outline

Session	Aim	Content
Setting the scene	To develop a common understanding of the purpose and context of the compliance function	What the compliance function is for How does it sit with other control functions such as risk and audit Putting it in context of EU Directives and FSA rules on senior management responsibility for compliance Expectations and duties of the Compliance Oversight Function
Organising the compliance function	To understand the key elements and design a compliance team structure to suit your business	Review of possible compliance organisation and reporting structures Fitting alternative structures to the business organisation Independence – what this requirement means and practical ways to achieve it Effective resourcing of compliance Case study
Building the compliance monitoring programme	To recognise what is expected from compliance monitoring and way to build the programme	Understanding risk-based monitoring Coverage: identifying the compliance risk ‘universe’ Building and scheduling the programme Testing and reviewing Syndicate exercise
Reporting on compliance	To identify the objectives of compliance management reporting and build effective reporting methods	Building an effective report around senior management information needs Reporting platforms: the Board, Risk, Audit and Compliance Committees Relationship management with the FSA Case Study
Putting a compliance manual together	To establish what a compliance manual is for and how to make it a worthwhile document	Essential themes to be covered Alternative approaches: identifying what the business wants from its compliance manual Building and maintaining the manual Syndicate exercise
Working with the business	To explore ways the compliance function can work effectively with the business	Providing compliance advice Contributing to product and business development Maintaining awareness of regulatory themes
Maintaining an effective structure	To look at how the compliance function can respond effectively to organisational and business changes so that it remains relevant and well regarded	Obtaining feedback from the business Responding to organisational change Accommodating new business developments

To book or discuss running this course in-house contact us now on 01327 858 292 or email info@ctp.uk.com

Corporate Training Partnerships - Championing the Compliance Culture

Booking

If you are interested in booking this course, or if you have any questions, please call call us on 020 3170 5779.

Linked In

RSS

““The review of our T&C scheme carried out by CTP really tested our controls and showed us how to make the approach more efficient in a practical and business focused context.”
- Liz Cameron, Head of Direct Sales Compliance, Scottish Widows
“Very timely, excellent content, covered a lot in a short time.”
- by Nicky Christofides, Head of Compliance at GE Money
“CTP provided us with a versatile range of training services from e based testing to technical modules and skills training for our advisers and sales management. They work quickly to satisfy deadlines and think creatively to achieve sustainable results. ”
- Ian Lockhart, Sales Operations Director, Scottish Widows
“I would recommend this event on Understanding Insurance Accounting to anyone new to the insurance industry whether or not they are proficient in financial accountancy. ”
- David Statham, Group Internal Auditor, IGI Insurance
“Role play situations really helped to put the theory of the course into an understandable context that I could relate to.”
- Countrywide
“An excellent industry focused overview of the subject pitched at the right level for all attending. We took value from the day as a team.”
- Barclays Insurance Services Ltd
“Good structure, content and pace of learning”
- Group Compliance Manager, Clarke Roxburgh
“An excellent all round briefing with detail and in depth exploration where necessitated”
- Tim Sierwald, Audit Manager, Assurant Solutions
“The session really made me think about the how to apply the theory of Risk Based Management. Lots of great thought provokers and break out sessions were extremely useful. ”
- Anna Mansbridge, Business Quality Technician, Allianz Cornhill
“We commissioned CTP to undertake a competency review. They listened well, spoke our language, took time to understand our needs and provided a workable solution in a cost effective manner.”
- John Moffatt, Compliance Director, Riverstone
“Pitched at appropriate level with good mix of tell and activity based learning”
- Legal & General
“A difficult subject communicated effectively and in a relaxed manner. Thank you.”
- S J Fisher, Managing Director, Colemans
“CTP have a thorough understanding of the "regulation" … but more importantly the ability to … translate it into company process efficiently and with the minimum of fuss.”
- John Constable, Head of People Development, JLT Risk Solutions Ltd
“A very succinct and highly knowledgeable explanation and presentation of the subject”
- Duncan Howorth, Managing Director, JLT
“CTP very quickly got to grips with our requirements and tailored the course to meet our needs. We had a fantastic dialogue going with our management group. ”
- MD, Assurant Solutions
“CTP's training gave me a vital opportunity to consider the Arrow 2 process and has given me a head start in preparing for this important business event ”
- Simon McCulloch, Business Development Director, Countrywide
“The trainer had superb knowledge of our company, our industry, the regulator and communicated in 'plain English'. There was no jargon. An excellent day! ”
- Ceara Joyce, Head of Risk with Profits, Legal and General
“I found this event of great benefit. Trainer is fantastic. One of, if not the, best courses I have ever been on. Thank you so much.”
- Rensburg Sheppards
“This was fantastic - I would not hesitate to go on another of these courses in the future. Thoroughly recommended. Very good -knowledgeable & approachable”
- Harsa Charman, Liverpool Victoria
“Excellent course, useful practical tools given”
- Co-operative Bank
“Essential event for anyone attending an FSA ARROW visit meeting”
- James Cooper, Financial Controller, Locktons
“Very knowledgeable course leader who used his practical experience well.”
- By Derek Wood, Compliance Manager at Skandia UK
“Useful consideration of the compliance function in the round. Some good reminders and food for thought to help benchmark where our complaince function is.”
- By David Lingwood, Group Compliance Officer, IGI Insurance Co Ltd
“Corporate Training Partnerships have carried out two major projects for us involving consultancy, project work and training of a group of our managers. We were very happy with the results of their work which are standing the test of time.”
- Karen Martin, HR and Communications Director, Britannic Assurance
“I would strongly urge senior managers in the insurance industry to attend this course which really prepares you for FSA interviews.”
- Paul Williams, regional Managing Director, Folgate (Towergate)

Corporate Training Partnerships Ltd, London Office: 60 Lombard Street, London, EC3V 9EA. Tel: 0203 1705779
Milton Keynes Office: Suite 1:20, Second Floor, Norfolk House East, 499 Silbury Boulevard, Milton Keynes, Buckinghamshire, MK9 2AH Tel: 01908 488170

Web Design by Zarr