Key Details

Duration: 3 days

Delivery method: In-house

Overview

The one-person Compliance function is a comparative rarity today. Most functions operate with a team of people in diverse locations. These teams need to be managed, motivated, independent, skilled and adequately resourced. They also need to ensure that they are tackling their raison d’être, namely the identification, management and measurement...

The one-person Compliance function is a comparative rarity today. Most functions operate with a team of people in diverse locations. These teams need to be managed, motivated, independent, skilled and adequately resourced. They also need to ensure that they are tackling their raison d’être, namely the identification, management and measurement of Compliance Risk. This is a significant challenge for any Compliance Officer.

This module will demonstrate the approach required by senior Compliance Officers to run an effective function and show practical techniques for addressing Compliance Risk. Market abuse issues often emerge within a diverse function and can be an area in which Compliance Risk clearly manifests itself. This module addresses market abuse and practical ways in which to combat it through a number of realistic and highly practical case studies. Working with market abuse and other advanced compliance issues requires negotiation and influencing skills. These are covered by placing them very firmly within the context of daily challenges of a senior Compliance Officer.

This course can be taken as a stand-alone module or as part of the Diploma in Compliance Leadership. The Diploma programme has been developed by CCL Academy in association with the ICMA Centre, Henley Business School, University of Reading.

Who is this for?

This programme is aimed at Heads of Compliance/Financial Crime Compliance (FCC) and senior Compliance/FCC staff with a minimum of 4 years of relevant experience.

How to Build and Develop a World-Class Compliance Function

  • What are the significant compliance planning and budgeting challenges?
  • Identification, measurement and control of Compliance Risk
  • Building monitoring, training and advisory programmes to address compliance risk
  • Recruiting and developing a high-performing and trusted team
  • How to motivate a skilled, experienced Compliance team
  • What to do if one of your team gets it wrong

Influencing and Negotiation Skills for Compliance Officers

  • The areas of a senior Compliance Officer’s work in which influencing and negotiation skills are required.
  • Key tips and techniques - using realistic scenarios.
  • Exercise: apply these techniques in further scenarios.

Advanced Consideration in Relation to Market Abuse

  • The political and regulatory imperative of combating market abuse
  • The different categories of market abuse
  • Examples of market abuse from enforcement cases and the trainer’s own practical experiences
  • A unique and effective approach to market abuse monitoring

After attending this course, participants will:

  • Understand what constitutes a world-class Compliance function
  • Know how to identify and measure compliance risk
  • Know how to identify and manage difficult conflicts of interest
  • Appreciate the interpersonal skills required to be an effective, senior compliance officer