Executive Master Risk Management, Compliance & Internal Controls

Introduction

The course aims to contextualize the role of the Risk function in banks following recent regulatory interventions in prudential supervision.
The first part examines the Risk Manager's duties within the new internal control system and optimal interactions with other company functions. First- and second-level risks are then addressed using an interactive and practical methodology to provide all company functions that need to evaluate strategies on a daily basis (including General Managers and Board Members) with the operational tools to introduce and maintain all the appropriate second-level controls required by law and best practices. Upon completion of the course, graduates will receive the Certification. RCACERT®.

Location

The Master is available and accessible in the following modes:
– Physical classroom
– Webinar classroom
– E-learning

It is the only Master in Europe:

• with a modular structure that allows you to customize the training objectives of each individual, with a division into levels of knowledge ranging from the simplest Basic Level to the more advanced Advanced Certified, for those who want the best;
• to be approved at European level;
• to issue the certification RCACERT®
• to have brought together the top Risk Management Experts with over 25 years of experience;
• with a duration of 8 months – 34 modules
• which includes a final written and oral exam with an external commission, an element that officially certifies the acquisition of the skills;
• which at the end of the course includes registration in the Certified Risk Managers Register;
• provided by a specialist division of an ASFOR Associated Management School;
• which adds E-Learning attendance to classroom attendance, allowing for constant monitoring of learning;
• to offer its students uninterrupted access, 365 days a year, to the E-Learning platform with continuous updates on the latest news.

recipients

Risk Management Managers and Specialists, Internal Control Managers, Compliance and Internal Audit Managers, Administration, Finance and Control Managers, Anti-Money Laundering Managers and Specialists, General Managers and Board Members.
Even recent graduates in the one-year postgraduate version of the Master's program.

Structure

34 Forms in mode Blended (17 classroom + 17 e-learning) + 1 Extra Conference program.
The Master's program lasts 8 months and is organized into 34 modules, all taught in a blended learning environment. Each module includes one day of classroom instruction (in the case of a virtual classroom, each module corresponds to two half-days) and three weeks of e-learning. The e-learning module follows the classroom module, exploring topics in greater depth and allowing for certification of acquired skills through assessment tests, with an average daily commitment of approximately 10 minutes. The Master's program includes significant hands-on learning, with afternoons dedicated to practical analysis of real-world cases, proposed by the students themselves in the days preceding the program, which are analyzed and discussed in plenary sessions or through exercises led by the instructor. Those who earn the RCACERT® (Advanced Level) are eligible for the Refresher Program in subsequent years at a discounted rate.

Master's Diploma

At the end of the training course, each student will be able to obtain the Diploma (Parchment) of the Master in Risk Management, Compliance & Internal Controls and the Certificate, which will certify attendance of the training course and the acquisition of specialized skills verified through the tests carried out through a final written and oral exam and tests taken using the School's e-Learning platform.
Achievement is subject to the following conditions:

• regular attendance at classroom lessons;
• regular attendance of lessons on the E-Learning platform;
• passing the required written tests;
• passing the tests provided on the e-learning platform;

The issuing of the Diploma and other qualifications is, however, subject to regular attendance at lessons (at least 80% of the days).

Program

MODULE 1 – in physical/virtual classroom
Inaugural round table with the Master's speakers

MODULE 2 - in E-Learning
– Study on E-Learning platform

3 MODULE – in physical/virtual classroom
The Role of Risk Management and Compliance in the Context of the Risk Appetite Framework – Part 1
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 4 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 5 – in physical/virtual classroom
The Role of Risk Management and Compliance in the Context of the Risk Appetite Framework – Part 2
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 6 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

7 MODULE – in physical/virtual classroom
Market Risk Management and Liquidity Risk – Part 1
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 8 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

9 MODULE – in physical/virtual classroom
Market Risk Management and Liquidity Risk – Part 2
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 10 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

11 MODULE – in physical/virtual classroom
Forward-looking VaR: a deep learning approach
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 12 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

13 MODULE – in physical/virtual classroom
Methods and Models for Credit Risk – Part 1
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 14 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

15 MODULE – in physical/virtual classroom
Methods and Models for Credit Risk – Part 2
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.– End-of-module Question Time

MODULE 16 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

17 MODULE – in physical/virtual classroom
ICAP Overview
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of specific cases, proposed by students in the days preceding the session, with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 18 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 19 – in physical/virtual classroom
OSINT techniques to support Due Diligence activities
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of concrete cases, proposed by the students in the days preceding the intervention with possible teacher-led exercise.
– End-of-module Question Time

MODULE 20 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 21 – in physical/virtual classroom
Investigative journalism techniques to support activities of Due Diligence
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of cases concrete, proposed by the students in the days preceding the intervention with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 22 -  in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 23 – in physical/virtual classroom
231/2001, Trust and Privacy
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of cases concrete, proposed by the students in the days preceding the intervention with possible teacher-led exercise.
– End-of-module Question Time

MODULE 24 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 25 – in physical/virtual classroom
Operational, leverage, reputational, residual and strategic – part 1
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of cases concrete, proposed by the students in the days preceding the intervention with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 26 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 27 – in physical/virtual classroom
Operational, leverage, reputational, residual and strategic – part 2
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of cases concrete, proposed by the students in the days preceding the intervention with possible exercises guided by the teacher.
– End-of-module Question Time

28 MODULE - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

MODULE 29 – in physical/virtual classroom
Internal audit
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of cases concrete, proposed by the students in the days preceding the intervention with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 30 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

31 MODULE – in physical/virtual classroom
The Supervisory Inspection of the Bank of Italy
– Presentation of the topics covered in the module
– Practical exercises with analysis and plenary discussion of cases concrete, proposed by the students in the days preceding the intervention with possible exercises guided by the teacher.
– End-of-module Question Time

MODULE 32 - in E-Learning
– Study on E-Learning platform
– Learning assessment test on the E-Learning platform

33 MODULE
Final exam simulation

34 MODULE
FINAL EXAM

Financing

The Master's degree can be financed thanks to the resources made available by the main Interprofessional Funds.