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Risk, Compliance and Governance

Application Form
Complete Online Application Form at
https://www.wits.ac.za/zahrah/display/external/public/163/AabSAeQlpQ#section-intro

Start Date
21 October 2024

Apply By
27 September 2024

Cost
R20,500.00

Duration & Format
This is a block release course where participants attend daily lectures from 08:30 to 16:30 during the period 21 to 25 October 2024. Courses might be delivered through blended learning. Students are required to have basic computer skills and stable internet connection.

Overview
Recent events in the financial sector have re-emphasised the need for heightened efforts aimed at promoting, developing, managing and maintaining risk management controls across all the sector as well as individual institutions’ activities. Attaining these objectives necessitates, among other core elements, individuals who have a complete grasp of new and rapidly changing global and local initiatives, processes and procedures that ensure that a financial institution’s activities are compliant with legal and regulatory requirements. 

This course is aimed at individuals in the banking, pensions, insurance and capital markets who are tasked with promoting the demanding and complex task of fulfilling risk and compliance awareness a culture in their organisations. It seeks to reinforce and embed knowledge of how to design, implement and maintain financial institutions’ internal and external systems of control.

Course Outcomes
At the end of the course, the participant should be able to:

  • Discuss the principles, concepts and practice of risk and risk management;
  • Explain the multi-disciplinary nature of risk management within any type of organisation;
  • Describe the current risk management thinking, standards and regulations across the world;
  • Classify and analyse the Risk Management process and the role of risk management in the organisation;
  • Describe the typical risks that an organisation needs to manage and how the risk management task is carried out;
  • Critically discuss the governance failures that have contributed to corporate failures and collapses; and
  • Critically discuss appropriate risk management and corporate governance structures that organisations should adopt.

Course Content
The course consists of the following modules:

  • The Compliance Framework (brief outline covering compliance policies, compliance charter and compliance manual);
  • An overview of the regulatory environment in South Africa;
  • The Regulator and its role and objectives;
  • The role of the compliance function and the compliance officer;
  • The independence of the compliance function;
  • The role of the Board of Directors;
  • Building an effective governance and compliance programme;
  • Corporate governance;
  • Risk Management - overview and concepts;
  • Risk Management frameworks and standards;
  • Governance and Enterprise Risk Management (ERM);
  • Case studies.

Target Audience
This course is aimed at individuals in the banking, pensions, insurance and capital markets who are tasked with promoting the demanding and complex task of fulfilling risk and compliance awareness a culture in their organisations.

Application Process
LLB, BA(Law); BComm(Law). Applicants with any other undergraduate qualifications may be required to complete the bridging course Introduction to Law for Non- Lawyers or equivalent courses first as well as have relevant legal work experience in the field.

You will be required to submit a copy of your Bachelors Degree, academic record as well as a copy of your identity document or passport.

Kindly note that all foreign qualifications must be submitted with a SAQA Evaluation Letter.

Additional Information
One of the following certificates can be obtained: 

  • Certificate of Attendance: To obtain a certificate of attendance, students are required to attend and participate in 75% of the lectures. 
  • Certificate of Competence: To obtain a certificate of competence, students are required to attend and participate in 75% of the lectures and to complete the assessments required on the course and achieve a minimum pass mark of 50%. 

This postgraduate certificate course is accredited by the university in accordance with its statutory mandate.  It does not lead to a qualification registered on the National Qualifications Framework

Enquiries 
Mahlatse Masemola Tel No: +27 11 717 8438; Email Mahlatse.masemola@wits.ac.za
Ursula Dillner-Dangor Tel No: +27 11 717 8435; Email: Ursula.dillner-dangor@wits.ac.za
Website https://www.wits.ac.za/mandelainstitute/short-courses/

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