Compliance in Banking Sector

Description

This course is designed to focus on the important role of a bank’s compliance officer who is knowledgeable about governmental and financial regulations and laws. These professionals ensure a bank's policies and procedures comply with the rules associated with mortgage lending, deposits, and consumer lending. This course aim is raising awareness of the roles of bank Compliance Officer and Money Laundering.

Program

MBA

Objectives

• The objective of this course is to provide students with knowledge to implement segregation of duties and internal controls in all bank’s operations in compliance with laws and regulations. Safeguard information technology systems and data centers. Design and maintain financial controls. Upon completion of this course, students should be able to:  Identify the meaning of compliance, money laundry and fraud.  Learn about the effective compliance dimensions to assist in designing banking sector cycles to achieve better controls.  Be aware of what increases reliability on processes and decrease the likelihood of fraud through banks.  Comply with external reporting requirements by governmental and semi-governmental authorities (especially the Central Bank of Egypt- CBE).  Develop and enhance skills of moral judgment, critical reading, persuasive writing and speaking skills for compliance officer.  Formulate a practical framework for anti-money laundering.