Program Brief

This training program aims to prepare the participants with the knowledge and skills necessary to pass the Compliance Foundation Professional Exam. The program covers issues related to regulatory compliance and the principles of compliance with legal requirements for providing financial services. In addition, the program reviews money laundering legislation, terrorist financing, and anti-fraud laws.

Program Topic
  • Compliance and Anti-Financial Crimes
Program Goals

At the end of the training program, the participant should be able to:

  • Acquiring knowledge and skills to pass the Compliance Foundation Professional Exam.
  • Acquire necessary knowledge and skills that enable undertaking the compliance officer’s duties in finance sector, in an efficient manner
  • Identify the risks of non-compliance with laws, directives, and the requirements of anti-money laundering and terrorist financing to contribute to an effective management of those risks.
  • Understand the penalties and disciplinary action relating to breach of regulatory compliance to avoid non-compliance.
  • 5. Recognize the roles of the compliance officer in relation to combating financial crimes, AML and CTF to effectively undertake the subject roles.
Program Agenda
Module 1: The Structure of the Financial Services Sector
  • 1 Participants in financial services

    • 2 Regulatory authorities for the work of financial institutions

      • 3 The factors underlying the development and sustainability of the advanced financial services system

        • 4 Anti-competitive regulation

          • 5 The role of participants in the financial market through the provision of financial services

            • 6 Additional Jobs for the Financial Services Sector

              Module 2: The Principles and Impact of Control and Compliance
              • 1 Commitment function, importance and tasks

                • 2 Principles and requirements of the commitment unit

                  • 3 The risks of non-compliance and its repercussions and repercussions

                    • 4 Principles of the Basel Committee on the Risks of Non-Compliance and the Compliance Function of Banks

                      Module 3: Compliance Requirements of Anti Financial Crimes
                      • 1 The major characteristics of financial crimes

                        • 2 Requirements of Anti-Money Laundering and Terrorist Financing

                          • 3 Anti-fraud requirements

                            • 4 commercial cover-up

                              Module 4: Sharia Compliance Principles Relating to Financial Services
                              • 1 Introduction to Islamic banking and financial services

                                • 2 Responsibilities of senior management towards Sharia governance in financial institutions

                                  • 3 Islamic finance formulas

                                    • 4 Sharia board of directors

                                      Module 5: The Role of Regulatory Bodies with Respect to Provision of Financial Services
                                      • 1 .Scope of the international financial treaties signed by the Kingdom of Saudi Arabia

                                        • 2 The roles of the Saudi Central Bank

                                          Program Requirements

                                          Not Available

                                          Program Path

                                          Names of the training programs that are integrated (enriched) with the training program:

                                          • Not Available

                                          Names of the training programs that after the training program:

                                          • Not Available
                                          Program Method
                                          • Lecture
                                          • Case Studies
                                          • Dialogue Teams
                                          • Exercises and assignments
                                          Evaluation Method
                                          • Pre Exam
                                          • Post Exam
                                          Training Type
                                          • In Class Training
                                          • Online Training
                                          Partners
                                          • معهد البحوث والدراسات الاستشارية

                                          Add Comment

                                          CAPTCHA

                                          Realted Program

                                          Teamwork Skills

                                          There is a Chinese proverb that says: Behind every capable person there are capable people. Collaboration is a vital part of personal and professional life, so learning team development and organizational culture is a great start to a better future. This training program is designed to provide participants with the concept of team work, the mechanisms for building it, the importance of developing the group spirit among the participants, and mechanisms for increasing the degree of team cohesion, rooting group values and unifying the vision among team members, which increases the effectiveness of work teams and reduces friction and conflict between teams within the organization through Unity of vision and goals and achieving more effective results.

                                          Details

                                          Official Correspondence and the Art of Technical Writing

                                          Administrative correspondence is an effective means of communication between members of the work team in organizations, which ensures the effective flow of information and decisions. This training program focuses on enhancing and developing participants' skills to learn about the art of formal writing and the mechanisms and stages of administrative correspondence, which supports communication and efficient problem solving, in addition to achieving goals effectively.

                                          Details

                                          Customer Service Excellence for Front Office Staff

                                          Customers represent the cornerstone of the survival and growth of profitable business sectors, and in light of the high competitiveness in the banking sector and the convergence of services and products provided, the customer service component and the level and quality of presentation remain an essential factor in the customer’s continuity. The program provides participants with the concepts and means of managing distinguished customer service to achieve this factor, in addition to the best practices in managing customer complaints.

                                          Details

                                          Professionalism in Call Centers

                                          Call centers are one of the most important marketing tools in serving distinguished customers and meeting their needs and expectations through professional communication with them, managing their objections and responding to their complaints. It is also an important tool in achieving customer satisfaction and loyalty to ensure repeat purchases. This training program focuses on providing participants with verbal and nonverbal communication skills, persuasion and influence skills, and enhancing professional behavior, in addition to developing techniques for dealing with the telephone, responding to objections, managing complaints and following up to achieve a unique customer experience.

                                          Details

                                          Preparation Program for Compliance Foundation Professional Exam

                                          This training program aims to prepare the participants with the knowledge and skills necessary to pass the Compliance Foundation Professional Exam. The program covers issues related to regulatory compliance and the principles of compliance with legal requirements for providing financial services. In addition, the program reviews money laundering legislation, terrorist financing, and anti-fraud laws.

                                          Details

                                          Anti-Money Laundering Awareness for Insurance Sector

                                          Money Laundering schemes is a global phenomenon that ruins economies of entire countries from one aspect, as well as being a main source of financing terrorism. Therefore, most countries have worked together to formulate certain rules and guidelines to fight it, and the insurance industry is not safe from money laundering and is one of the industries exposed and used for money laundering and terrorism funding. This program is designed to provide candidates working in the insurance sector with a proper understanding of Anti-Money Laundering & Financing Terrorism, how to detect it, the different forms of fraud in insurance & the various strategies for combating it. Also, candidates will be exposed to the main international organizations that work in this area beside the Saudi Central Bank regulations that must be complied with.

                                          Details

                                          Debt Capital Markets

                                          Bonds are a type of debt which states a promise of payment by the bond issuer to the bond holder, according to specific terms at the time the bond is issued. The government is the largest issuer of bonds; long-term government bonds are issued to finance expenditures required by governments to support their countries, banks and large corporations are also major issuers of bonds. This program is designed to provide participants with a sound understanding of dealing in the debt and bond market and gain the ability to understand the different types of bonds and methods of evaluating and pricing them according to the return and to identify the risks associated with bonds and how to make the decision to invest in bonds

                                          Details

                                          Preparation Program for Credit Advisor Professional Exam- 4th Edition

                                          A credit advisor is of paramount importance in financial institutions as he advises on credit products that help make informed and effective decisions. This training program is designed to provide participants with the necessary knowledge and skills that qualify them to pass the mandatory professional exam for credit advisors, which is intended for all employees of service delivery channels and customer care in the banking and finance sectors, as the program includes introducing participants the types of financing, financing products, instructions for providing a real estate financing product, the main steps and documents for obtaining financing products, in addition to shedding light on "SIMAH" for credit information and credit report form, in addition to understanding the operational and credit risks that clients may be exposed to, how to manage those risks, and review the relevant laws and regulations, which enable them to perform their duties towards clients and the beneficiary professionally and responsibly.

                                          Details

                                          Preparation 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, investments and capital markets, investment funds, regulations, and ethical principles as well as other financial products.

                                          Details

                                          Islamic Banking Basics

                                          This program is designed to introduce the ethics of financial transactions in Islamic banking, in addition to acquiring basic knowledge of Islamic banking transactions by identifying the Shari’a regulations for financial transactions, and the Shari’a compliant banking services. The program enables participants to gain the ability to distinguish the characteristics of an Islamic bank from a conventional bank, as well as learn about the accounting principles and characteristics of Islamic financial transactions and operations as per Shari’a regulations.

                                          Details

                                          Excellence Customer Experience

                                          Increasing competition has forced businesses to think carefully about deepening and improving their relationship with customers. Customer experience is the driver of organizations transformation and business development. This program focuses on developing and refining the skills of employees to improve the customer experience at all stages of engagement with the customer. The program also covers how to develop a basic model for improving customer experience that ensure customer satisfaction and loyalty, which results in increasing the organization's market share and maximizing its profits, in addition to developing a positive customer experience culture within the organization at all customer touchpoints.

                                          Details

                                          Data analysis and reporting using Microsoft Power BI

                                          Analyzing statistics and creating reports that help in decision-making is one of the most important things in the business world, and Microsoft Power BI is one of the most important tools for analysis and decision support, as it gives decision makers a comprehensive view of important and critical data in the organization, through a set of integrated services that Analyze, share, and transform data into interactive dashboards and reports. This training program is designed to provide participants with the knowledge and skills needed to design and build scalable data models, filter, transform and process data, learn how to create dashboards, create and optimize reports, and configure and manage workspaces.

                                          Details

                                          The Concept of Know your Customer in Insurance Sector

                                          In light of the efforts made by insurance companies to verify information related to their customers, they have taken great care to implement the "know your customer" rules and guidelines in order to combat financial crime and ensure that the principles of integrity prevail in all operations and activities. This training program is designed to familiarize participants with the concept of knowing your customer, the general rules for identifying customers and verifying their identities, and how to assess customer risks, as well as reviewing the instructions and regulations issued by the Central Bank regarding the principle of knowing your customer in the insurance sector.

                                          Details

                                          Effective Sales Skills in Insurance Companies

                                          A salesman is a reflection of the insurance organization, and he must have technical skills, excellent communication skills, and perseverance in order to build relationships of trust with customers to whom he proposes appropriate solutions, with the primary objective of achieving the company's sales goals efficiently. This Program covers the concept of and importance of sales, its basic stages and the characteristics of a successful sales person, as well as how to handle different types of customers, sales techniques, smart targeting, attracting customers, how to maintain their loyalty to the organization and how to maximize sales, in addition to focusing on the mechanism of dealing with objections and complaints effectively.

                                          Details
                                          We value your feedback

                                          Dear visitor, we hope that you will participate in improving and developing the services provided by the academy on the website.

                                          Was it easy to find what you were looking for on the Academy's website?
                                          Was the information presented on the Academy’s website sufficient and useful?
                                          Please share with us your suggestions for developing the website
                                          Thank you!