Upcoming Programs
Insurance Claims Practices
This training program provides participants with knowledge and skills related to the insurance claims department and its functions, claims philosophy, various types of reserves, as well as a review of methods for combating fraud in insurance claims, unwarranted overpayments of claims amounts, estimating the claims provision, as well as describing the role of reinsurance in managing catastrophic claims.
DetailsCertified Board Secretary Module 4: The Board Secretary Role – Strategy & Risk (part 2)
Board secretaries have an important role to play as governance professionals in all types of organizations in the private, public, and non- profit sectors. Governance is about more than just complying with laws, regulations, standards, and codes; it is also about creating cultures of good practice. This means that board secretaries need more than the technical skills and experience to know what corporate governance practices are needed in an organization and why. They also need the emotional intelligence skills, and experience to ensure that they know how the practices typically would be implemented to work effectively. The modern board secretary provides professional guidance to shareholders, boards, individual directors, management, and other stakeholders on the governance aspects of strategic decisions. This training program designed to provide participants with the knowledge, skills and practical tips for carrying out their duties as board secretary. The program will be interactive and skills-based, providing participants with practical examples. Program Fees: USD 4,860
DetailsGCC BDI Certified Board Director- Module 3: The Effective Board
Corporate governance is simply about how we run our businesses to ensure they are run properly, fairly and in the interests of all key stakeholders. Boards of directors are responsible for the governance of their companies, but all employees need to be aware of their roles and responsibilities and apply the policies, procedures and guidelines which the board sets out for them. This module explores the role of the board in formulating and implementing strategy and managing enterprise risk. The module includes the evaluation of the executive directors’ performance as well as business ethics.
DetailsAnti-Fraud in Financial Institutions
To combat Fraud threats, laws and regulations have been enacted that make financial services responsible for preventing those threats. This program is designed to provide candidates with a proper understanding of fraud, its types, its indicators, methods of Fraud detection, investigation and prevention, different tools available to counter fraud in financial Sectors.
DetailsPreparation Program for Professional Exam for International Introduction to Securities and Investment- (CME-1A)
DetailsPreparation Program for Professional Exam for International Introduction to Securities and Investment- (CME-1A)
This training program aims to prepare participants with the knowledge and skills necessary to pass the exam for International Introduction to Securities and Investment- (CME-1A), This exam is mandatory by the Capital Market Authority that is provided in cooperation with the Chartered Institute for Securities & Investment (CISI) to those who wish to work in the capital markets. This training program covers several related topics such as introduction to the financial services sector, the economic environment, assets and capital markets, investment funds, regulations, and ethical principles as well as other financial products.
DetailsPlanning and Innovation Skills
Innovative thinking and planning are among the most important tasks in the business system. Innovation is an urgent necessity for continuity and growth. This program focuses on identifying the strengths, weaknesses, opportunities, and threats facing the organization. In addition to defining goals, how to formulate them and building plans according to the administrative level, identifying the elements of the planning process and integrating innovative thinking in the planning stages to ensure creative results.
DetailsRisk Based Internal Audit Plan Preparation
The risk-based internal audit plan plays a vital role in financial institutions by analyzing and evaluating potential financial and operational risks, thereby enhancing compliance with financial laws and regulations, and contributing to making sound strategic decisions that ensure sustainability and success. This program provides participants with the best practices and tools for Risk Based Audit planning aligned with the organization's strategic objectives. Participants will be exposed to international best practices for internal control systems’ and governance frameworks’ assessment to enable participants to help their organizations to improve the effectiveness and efficiency of the control operations and increase the likelihood of achieving those strategic objectives.
DetailsProblem Solving and Decision Making
Successful organizations rely on Critical Thinking and creative thought leaders who can generate inventive problem solving answers to the organizations issues. This training program provides participants with the knowledge and skills required to analyze problems and implement creative ideas in a practical way for the work environment, in addition to familiarity with tools and techniques that help analyze solutions, choose the most appropriate, and schedule lists to choose the best solutions.
DetailsOutstanding Sales and Negotiation Skills- B2B
It is a well-known fact that the Great Depression of 1929 was one of the most serious economic crises of the 20th century. With time, this has led to the emergence of new concepts for B2B competition, as well as the separation of B2B sales from other sales activities. Therefore, the development of sales personnel for the corporate sector has become a must for any organization. This training program focuses on developing the sales experience and improving the experience of corporate sales customers, studying and analyzing the marketing mix and recognizing its relationship to increasing market shares and its impact on the total sales volume, in addition to providing participants with effective negotiation skills to deal with B2B sales and achieve the desired corporate goals.
DetailsSecurities Custodian
The role of the custodian on securities is considered a major and pivotal role in the financial markets, as It preserves the assets and securities of investors to protect them from risks, and the volume of investments that the custodian undertakes to protect may reach billions of riyals. In addition to dealing with the Depository Center regarding transfer of ownership, settlement and clearing of these assets. This training program focuses on the role of the custodian and its importance in the financial market, in addition to understanding the mechanism of the custodian’s work as an intermediary between the client and the Securities Depository Center to complete the operations of trading, settlement, clearing, lending, distribution and all other related operations in the custody of securities.
DetailsProfessional Certificate in Introduction to Sustainable Bonds
This introductory course gives you a deep understanding of the mechanics of green, social, sustainability and sustainability linked bonds, taking you from the big picture policy context to introducing the underlying drivers of market development, main product features and regulation. We discuss the Green and Social Bond Principles and Sustainability Bond Guidelines, and then the Sustainability-Linked Bond Principles. We then explain how they work in practice, including evaluation and selection of eligible projects for funding, the role of external reviewers and guidance on reporting.
DetailsIPO Masterclass for Professionals
A company's IPO is one of the biggest strategic decisions it can make during its financial lifespan and is considered the best way to raise capital and expand in the future. Due to the rapid growth of the financial markets، private companies were able to obtain liquidity، expand their shareholder base، and introduce radical structural and operational changes through public offerings. This training program aims to prepare participants with the knowledge، skills، and tools necessary to originate & execute IPOs. This training program aims to prepare participants with the knowledge، skills، and tools necessary to originate & execute IPOs.
DetailsCompliance for Financing Companies Sector Professional Exam - Second Edition
The Professional Certification Exam in Compliance for Financing Companies Sector - Second Edition is considered one of the measurement tools that contribute to verifying that employees in the financing companies sector have a minimum level of compliance knowledge, as the exam includes a number of skills, practices and realistic examples related to the concept of commitment and verification of it.
DetailsCorporate Finance Technical Foundations - (CME-5A)
A CMA mandated exam that is provided in cooperation with the Chartered Institute for Securities & Investment (CISI). The Corporate Finance Technical Foundations (CME-5A) Certificate develops the essential foundation knowledge required to work in the corporate finance field. The syllabus explores corporate finance techniques and provides the examinee with an understanding of how corporate finance transactions are developed to meet client needs. Note: This certificate consists of two exams, and to obtain the CME certificate, you must pass both parts of the exam (A-B).
DetailsAward in Customer Service in Insurance (W04) - CII
The Award in Customer Service in Insurance (Non-UK) introduces the customer service function specific to insurance companies, intermediaries and providers. It helps build knowledge and understanding of the key processes and requirements related to good customer service. It is designed to equip candidates with the skills and knowledge they need to work as a customer service professional in an insurance context.
DetailsAward in General Insurance (W01/W02) - CII
This unit prepares you for a career in this international industry. It 'sets the scene' by introducing the concept of risk and how it is managed, as well as the different categories of risk. It also explains how insurance acts as a risk transfer mechanism and introduces the main classes of insurance.
DetailsCertified Investor Relations Officer Certificate
The CIRO Certificate is an international certificate for the investor relations profession. In the Middle East, the certificate is organized and delivered by the Middle East Investor Relations Association (MEIRA), in partnership with the UK IR Society (UKIRS). The Certificate in Investor Relations is regarded as a valuable benchmark for those already in the profession and an essential prerequisite for those seeking to work in the investor relations sector. To do this, various parties have collaborated to ensure that the CIRO Certificate 2020 reflects the necessary contents of operating in the regulatory environment of the Kingdom. The parties include the following: Capital Market Authority (CMA), the financial regulator of the Saudi capital markets; Tadawul, The Saudi Stock Exchange; The Financial Academy (FA); Middle East Investor Relations Association (MEIRA), an independent, non-profit organization dedicated to promoting the IR profession.
DetailsClaims Practice (M85) - CII
The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of claims practice and how claims are handled and considers practical aspects of handling a claim; from receipt to settlement (whatever that means in each case). It deals with the rules within which the claims handler must operate, as well as explain those of their duties which do not relate directly to the customer, e.g., the setting of claims reserves and ensuring that reinsurance and other recoveries are made.
DetailsCommercial Property & Business Interruption Insurances (M93) - CII
The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of commercial property and business interruption insurances. It focuses on the main risks to commercial property; policy cover and market practices of commercial property and business interruption insurances, and risk perception, assessment and underwriting issues associated with these types of insurance.
DetailsCompliance and Sharia Audit Professional Exam
The professional exam for compliance and sharia audit aims to build the capabilities of the compliance and Sharia audit staff, as it includes several skills, practices and real examples that enable them to perform professionally in the banking and finance sector.
DetailsCompliance Foundations Professional Certificate - Third Edition
Compliance Foundations Professional Certificate aims to build the capabilities of new employees of compliance departments, and provide them with the basic knowledge and skills with a comprehensive view of the compliance activities and environment by addressing examples and practical situations in various financial subsectors.
DetailsCredit Adviser Professional Exam - Forth Edition
A mandatory exam by Saudi Central Bank (SAMA) The objective of this exam is to build the capabilities of employees in the retail banking, financing companies sectors, financial lease registration companies and ensure that employees have the minimum level of knowledge and skills, including the regulations and laws of these sectors that enables them to perform their duties toward the consumer and the beneficiary professionally and responsibly.
DetailsForeign Exchange Professional Exam - Third Edition
A mandatory exam by Saudi Central Bank (SAMA) that aims to ensure that all tellers and foreign exchange officers have the basic skills and knowledge in this field including the rules and laws that enables them to perform their duties towards the consumer and the beneficiary professionally and responsibly.
DetailsFoundation Risk Management Qualification in Financial Services
The Financial Academy developed this exam in cooperation with Euromoney Learning and it has also been adapted with the Saudi market to raise the efficiency of human capabilities working in financial services activities, which include: banking and insurance activities in addition to investment activities. This certificate targets front-line employees and operations, risk and compliance staff.
DetailsThe Academy in Numbers
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Examiners
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Trainees
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MoreThe Financial Academy contributes to developing the capabilities of human cadres in the financial sector, by designing training programs based on competencies, which are considered the cornerstone in determining