Purchase any WEBINAR and get
10% Off
CODE: SAVE10
T&C applicable, please referFAQ
Validity : 22nd Apr'24 to 02nd May'24
Principles of Fraud Risk Management
The three key aspects of Fraud Risk Management covered:
- Defining Fraud
- Design and Implementation of Fraud Risk Management
- Five Components of Successful Fraud Risk Management
- Fraud Risk Assessment
- Fraud Control Activities
- Whistle Blower Programs
- Auditing the Process
Overview of the webinar
“Principles of Fraud Risk Management” is a session all about fraud. We begin by defining exactly what fraud looks like and provide a brief history of frauds impact to financial services.
We then move forward to explore the design and implementation of fraud risk management through a comprehensive review of the five key components of successful fraud risk management.
We spend time on fraud risk assessment, fraud control activities and why controls are important. Highlighting the value of rapid review and response we focus whistleblower processes, how we can help customers help themselves, and even review auditing the process.
Finally, we wrap things up by linking fraud to other risks and providing tips on how to apply this session’s lessons to existing fraud risk management programs.
Who should attend?
- Middle Management
- Team Leaders
- Quality Control
- Project Managers
Why should you attend?
One inherent risk to all businesses is FRAUD. That being said, most businesses react to fraud rather than anticipate and prevent. Honestly, fraud cannot really be prevented because fraudsters are always one step ahead. Of most of us. That being said, we can learn from our mistakes and prevent repeat fraud and more importantly, we can learn to properly react to fraud events thereby limiting exposure and loss. This session focuses on the basics of fraud risk management with real awareness of developing rapid response to fraud events.
Once the basic infrastructure to fraud risk management is understood and implemented management can focus on creating, developing and establishing a rapid response process that will limit exposure to the fraud event, reduce possible losses, and provide insights into what preventative controls may need to be updated or created and implemented.
This session is a must for new fraud officers and senior management and a value to members of the Board of Directors. It is a great refresher for experienced fraud managers and staff.
Faculty - Mr.Daniel Clark
Dan has over 30 years of experience in Financial Services from regional banks to global giants like Citigroup and GE Capital. His early career roles included: sales, credit risk management and operations. For the last 18 years he has been fully focused on Risk Management and Internal Audit. His experience as Chief Auditor in two regional banks and as a senior officer in Audit and Risk Review for Latin America provides unique insight into management practices in and outside of the United States. He is also a recognized expert on GRC, a Public Speaker and Blogger and has written a book; Dare to Be Different: An Auditor’s Personal Guide to Excellence: that has been well received by the audit community.