Chief Compliance Officer Certification Course

Why Select this Training Course?

The chief compliance officer determines the organizational risk management plan and policies to implement, manage, and align a compliance strategy that supports the organization’s mission and ensures good behavioral integrity. This Rcademy Course will allow participants to examine the complex compliance environment in organizations and the existing risk environment and successfully develop a comprehensive compliance plan to combat the most pressing issues in compliance and the risk challenges that face most organizations.

It will also ensure that you have a better view of the utilization of modern scientific concepts in both economics and psychology to impact behaviors that are developed based on the values and integrity that are necessary for the development and utilization of the right risk metrics in developing the right compliance culture in any organization.

You will learn how to effectively overcome the chief compliance officer’s (CCO) main challenges in ensuring there is a better influence on communicating the compliance culture in the organization and put you in a competitive advantage against your peers with better chances of landing a lucrative job of CCO.

How do you become a chief compliance officer?

You can become a CCO by undertaking this Course or completing a relevant degree in the field of the compliance industry. However, there is no easy way of becoming a CCO, as both options will require thorough training in the compliance field. Still, the chief compliance officer is among the best certifications in compliance and will put you in a better position to be hired.

What should I study to become a chief compliance officer?

To become a compliance officer, one needs to study a relevant degree in legal studies, law, accounting, or business and then take this certification course to be a recognized expert in this field.

The Chief Compliance Officer Certification Course by Rcademy is one of the best ways to be a certified compliance officer internationally recognized by organizations and peers. The Course also gives you the right credentials and documentation to be considered an expert in compliance globally and have a professional voice in compliance matters. The Rcademy course will train you to be ready for the compliance industry and keep you updated on the latest developments in the compliance field.

Who Should Attend?

The Chief Compliance Officer Certification Course by Rcademy is highly practical and is designed to be ideal for:

• Legal advisors and lawyers
• Auditors and audit managers
• Company secretaries
• Compliance professionals
• Compliance officers and managers
• Risk managers
• Directors and senior managers
• In-house corporate counsel

What are the Course Objectives?

After undertaking The Chief Compliance Officer Certification Course by Rcademy, participants will be able to:

• Define the meaning of compliance to an organization and develop a plan for organizational response to its demands
• Understand accountability and ethical behavior in an organization
• Learn to optimize the organizational structure for compliance
• Understand the potential risks for non-compliance
• Discuss the major duties of a CCO with professionalism
• Develop a corporate compliance program that is specific to their organization
• Understand the existing relationship between corporate compliance and governance, including the market expectation
• Improve the ability to communicate and analyze scenarios professionally as a CCO
• Equipped with the skills that can be immediately used to improve the performance of an organization
• Appreciate the extent to which organizations and their public officers are to the ever-increasing and complex regulatory environment
• Learn how to use different techniques and tools to use or develop the best risk metrics
• Learn to motivate and retain the right people
• Understand organizational compliance and effectively execute compliance plans in their organizations

How will this Course be presented?

This training certification course is presented to ensure the participants are ready for the market using unique and well-tested methodologies. It focuses on the applicability and practicability of solving real-world problems. Various methods, such as presentations, videos, lectures, and examples, will train the participants on various ways of solving real-world problems. The facilitators are industry experts who understand the importance of grasping practical skills for the market.

What are the Topics Covered in this Course?

The required modules to be a certified chief compliance officer are presented below:

Module 1: Introduction to CCO

• Why is compliance important to any organization?
• Introduction to Neuroscience that influences behavioral compliance
• Developing and implementing an effective compliance strategy
• Developing a rubric for compliance
• Effective communication
• Misalignment and reporting of the inappropriate compliance system
• Case study:

Module 2: Compliance Alignment

• Compliance and risk
• Liquidity’s Role in Compliance
• Legal compliance requirement
• Enterprise compliance management
• Credit risk management
• Market and portfolio compliance

Module 3: Reporting and Ensuring Compliance

• How to train your team effectively using better plans
• Developing a better compliance matrix
• Researching in the areas of compliance and other important organizational aspects
• Compliance risk assessment matrix
• Developing a robust training procedure
• Obtaining the right information and details of effective compliance department functions
• Design and implementation of better compliance plans
• Compliance and simulation

Module 4: Anti-Terror Financing and Anti-Money Laundering

• Organizational risk profile
• Effective Know Your Customer (KYC) methodologies
• Appropriate reporting and escalation
• Management of risk appetite and tolerance
• Developing monitoring and surveillance systems
• Decision making
• Scenario testing

Module 5: Organisational Compliance

• Understanding the business relationship with compliance
• Compliance resources and tools
• Skill sets and qualities of an effective compliance officer
• Emerging compliance issues around the globe
• Stress testing
• Best practices
• Risk across the organization

Module 6: Ensuring Compliance for Anti-Money Laundering

• Effectively onboarding using the KYC program
• Account monitoring
• Current supervisory and regulatory requirements regarding international anti-money laundering
• Suspicious Activity Reporting (SAR) background and development
• The SAR Program and Process: procedures and Policies
• Sanctions program
• SAR regulatory requirements

Module 7: Account Tax Compliance

• History and background
• Ensuring tax compliance
• Tax act
• The impact of tax compliance: reporting, classification, and withholding
• Significant international regulation
• Key objectives of tax compliance
• Applicability of tax compliance act

Module 8: Anti-Bribery and Anti-Corruption

• international bribery act
• corrupt foreign practices
• bribery in business transactions
• who is governed under the anti-bribery provisions?
• Illegal or corrupt payments to government officials
• What does a corrupt act mean under international laws