Fraud Prevention Inhouse Course

One of the major by-products revealed during the financial crisis is fraud and recent cases of Satyam and Bernard Madoff are only  some of the examples showing the scale of the problem.

Fraud presents big challenge for banks and financial institutions requiring them to radically modify behavior and increase vigilance in many activities.

This timely course is essential for all financial institutions and especially risk, audit and compliance officers who are on the frontline of fraud mitigation. Delegates will have a chance to explore the latest fraud prevention techniques and analyse the implementation of efficient operational systems and policies.

On completion of this course you will:

• Understand different types of fraud and gain tools to identify them
• Learn about the techniques used in the high tech crime
• Explore cheque fraud
• Know the fundamentals of setting up internal control systems
• Examine the role and function of CAATS - Computer-Assisted Auditing Techniques
• Explore the role of a compliance officer in fraud prevention 

Main Topics Covered During This Training

• Identifying fraud
• Fraud in financial and banking services
• High-tech crime
• Fraud prevention and internal controls
• Using computer assisting auditing techniques - CAAT
• Fraud prevention - the role of compliance officer
• Case studies: Bernard Madoff, Fraud schemes in Nigeria, Satyam

Who Should Attend

From Commercial Banks, Central Banks, Investment Banks, Asset Management firms’ representatives, Leasing companies, Insurance companies, Fund Managers, Other financial institutions:

• AML & Fraud Prevention Officers
• Compliance
• Payments
• Financial Officers
• Risk Officers
• Internal Auditors
• Operational Risk Managers
• Staff with roles and responsibilities in fraud prevention and in risk management departments, businesses and central departments

Teaching Method

This is a highly practical course with many real life case studies and exercises. Tutor will be focused on teaching practical strategies that can be taken back to your business and put into immediate effect.

In order to help us establish your individual and business concerns, you will be asked to fill pre-course questionnaire.