Risk and Compliance Essentials for Banking Professionals (FA40-2)
Duration: 2 days
This practical two-day programme provides a comprehensive introduction to risk management and compliance within the banking and financial services sector. The course equips participants with a clear understanding of key risk types, regulatory expectations, and the fundamentals of financial crime prevention, enabling them to contribute effectively to a strong risk culture within their organisation.
This course is designed for front, middle and back office professionals working in banks and financial institutions who require a practical understanding of risk and compliance. It is particularly suitable for those seeking a solid foundation without requiring deep technical or specialist training.
Risk Management in Banking
- Overview of key banking risks: credit, market, liquidity, and operational
- Introduction to the European regulatory landscape
- Risk appetite and governance frameworks
- The three lines of defence model and organisational roles
Compliance and Financial Crime Prevention
- Introduction to financial crime and AML principles
- Know Your Customer (KYC) and customer due diligence
- Transaction monitoring concepts and red flags
- Reporting obligations and regulatory expectations
- Case studies and practical applications
At the end of this course, delegates will be able to:
- Understand the main types of risk in banking, including credit, market, liquidity, and operational risk
- Recognise the key elements of the European regulatory environment
- Explain the importance of conduct, governance, and the three lines of defence model
- Identify the fundamentals of anti-money laundering (AML) and financial crime controls
- Apply basic principles of customer due diligence and transaction monitoring
- Contribute to maintaining compliance and a robust risk culture