Financial Crime Risk Management

Corpul profesoral

 

Mihaela-Corina Bouleanu is currently Compliance Executive Director at OTP Bank Romania SA, having over 16 years expertise in financial-banking area both public and private domain, participating in the implementation of several essential projects regarding the national legal and regulatory framework, facilitating improved operational processes with high level of ethics, optimized “customer centricity” approach, enhanced by a proper risk management.

She represents and sustains the Romanian banking system as President of the Compliance Commission – Romanian Banking Association in the process of transposition within state’s authorities’ decision making process – consultations meetings and assemblies in the Romanian Senate and Parliament Chambers’ Commissions.

Mihaela is an authorized trainer and she has been lecturing the compliance related responsibilities and tasks, providing seminars for learning and development towards professionals, experts, top and middle management, covering KYC & AML/CFT & International Sanctions, Anti-Bribery & Corruption and Personal Data Protection areas or giving presentations in high profile conferences at the national level.

Financial Crime is a regulatory, reputational, or monetary act or attempt against financial services institutions, corporations, governments, or individuals by internal or external proxies to steal, defraud, manipulate, or circumvent established rules. Out of the various threats to the financial services sector, financial crime risk has emerged as universal, yet widely misunderstood category of risk.

As consumers, governments, and the financial industry have gained familiarity with various forms of financial crime, financial services organizations have seen that the underlying risk of financial crimes not only includes the direct action taken by criminals, but also includes the impact of deterrence, detection, and resolution on the organization and its customers.

In recent years, the concept of a consolidated and intelligent Financial Crime Risk Management Program has been gaining adhesion among financial institutions both large and small. Moreover, the financial services organizations understood that such Program should not only mitigate the risk of threats to the organization and to its customers, but that it should also provide additional benefits such as operational efficiency and improved customer experience.

Therefore, the financial services institutions should build an effective and comprehensive Financial Crime Risk Management Program, considering specific pillars, that ensures compliance and coverage against threats while also ensuring the necessary resilience to adapt to changes in the market. Such approach shall provide financial services organizations with the means to achieve some of their outmost important goals: improving customer experience, lowering ongoing operational costs, and mitigating risk to the organization as a whole.

Learning Outcomes

• Financial Crime awareness – how organisations can mitigate the risks
• Why a Financial Crime Risk Management Program is necessary
• Gain holistic view – transparency upon the “big picture”Understand why End-To-End processes must be scrutinized and aligned in order to survive the current age
• Realise the difficulties of poor automation and the high costs implied (operational, legal, compliance and reputational risks)
• Avoid loopholes which may potentiate the embodiment of risks
• Understand the means of building an effective and comprehensive Financial Crime Risk Management Program, in achieving the organization’s goals

CONTENT

• Understanding Financial Crime risks 
• Strategic Approach to Financial Crime Risk Management 
• Anti – Money Laundering  
• Counter Terrorism Financing 
• International Sanctions & Related Prohibitions 
• Anti – Bribery and Corruption 
• Fraud and Market Abuse

Key Concepts

Managing Investor meetings; Communicating strategic initiatives: Mergers + Acquisitions; New Initiatives; Determining and managing consensus expectations; Complying with regulations; Interpreting changes in your shareholder register; Preparing your Executive Team; Active v. passive investors; Communicating investor views and expectations into the company; Working with analysts; Investor Relations as part of the integrated company communications plan.

The webinar will be highly interactive, based on real company discussions and case studies.

Target Audience: Financial sevices professionals in roles such as: Anti-Financial Crime, Compliance, Legal, Governance, Risk Managers, Internal and External Audit, Law enforcement and Regulators, Professional Advisers. 
The webinars will be highly interactive, based on discussions and examples.

Number Of Participants: limited to maximum 12

The webinar will be delivered using Online Platform, allowing the virtual participation, both from home and from work, with no risks associated, using just a browser. After the registration to the course, one day before the online sessions took place, the participants will receive a link to access the virtual classroom.

Duration: 4 hours (net)
Language: Romanian (or English at request)

A certificate of attendance will be issued by the e-learning platform, after the course.