Enhancing your effectiveness as a Compliance Professional

Course outline and objectives

The role of a compliance professional requires an extremely broad range of skills and the need to navigate conflicting requirements and incentives within businesses, adding value, protecting the firm and retaining the co-operation of staff and the tacit and explicit support of senior management. With the increasing regulatory burden, cost pressures and the advent of Artificial Intelligence, the pressures to deliver can be intense at all levels, especially in the ethics space.

This timely course intends to help ground compliance professionals in their regulatory and broader obligations and help them to use this grounding to understand how to self-assess their development needs to stay relevant and effective in a continually changing environment.

The focus will be on enabling delegates to understand how they can create actionable and value-added advice to their firms, manage their role in the governance process effectively, how to handle "logjams" and difficult individuals and how to create an "effective" compliance function that supports, rather than hinders, the business. It will also examine how delegates should continue to self-assess their own skills versus the compliance needs of their firms.

The course explores the regulatory requirements and obligations of Compliance staff, how these fit into the effective management of regulated firms and identifies several common issues or problems regularly encountered by Compliance staff, identifying strategies for dealing with these effectively using case studies and working examples.

Topics can include, but are not limited to:

• Core requirements on compliance professionals
• The role of business in delivering compliance
• Skill assessment
• Policies and procedures
• Risk assessment
• Financial mathematics
• Difficult situations and techniques for dealing with them
• Developing your toolkit for being an effective compliance officer
• Artificial Intelligence overview