Course in Introduction to Compliance and Risk Management
Online, USA
Course
DURATION
3 hours
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
EARLIEST START DATE
TUITION FEES
STUDY FORMAT
Distance Learning
* free course
Key Summary
About: This Alison CPD-accredited course covers compliance and risk management, including controls, training, oversight and data-leak tools. It explains CECO role, key risk indicators and how to implement a risk management framework, stressing risk management is continuous and builds an ethics and compliance culture. Alison offers free enrolment; you must score 80% or higher on assessments to earn an Alison Diploma, a Certificate showing development.
Career Outcomes: The course suits managers, small business owners and aspiring compliance officers. Potential roles include Compliance Officer, Risk Manager and Ethics and Compliance Officer. Related areas include corporate governance, data protection and internal audit.
Compliance is a crucial issue for any business, whether large or small. One of the monumental tasks in today's corporate world is to comply with ever-changing and complex regulations that require daily attention to keep a business fully compliant and avoid liability and penalties. The industry experts at XpertLearning designed this course to teach you risk management strategies. XpertLearning focuses their business philosophy on human capital and professional development.
We begin with the fundamentals of compliance and risk management. We define each of these terms while emphasising their importance. The course explains how compliance departments keep their companies on the right side of the law. The larger a business gets, the greater the likelihood of noncompliance. This increases system complexity and eventually the probability of a data leak. The course goes through tools used to mitigate new threats and preserve high standards, which include standards and controls, training, communication and oversight.
We then discuss the functions of the chief ethics and compliance officer (CECO). We lay out the key risk indicators and show you how to implement a risk management framework. It should be highlighted that risk management is not a one-time thing but rather a continuing evolving activity that aims to establish an ethics and compliance workplace culture that represents the goals, vision and core values of your organisation. This course suits managers, small business owners and aspiring compliance officers who can use these risk management techniques to avoid legal liability and preserve the integrity and quality of their company’s work.
Alison Certificates
All Alison courses are free to enrol study and complete. To successfully complete this diploma course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this diploma course, you have the option to acquire an official diploma, which is a great way to share your achievement with the world.
Your Alison Diploma is:
- Ideal for sharing with potential employers.
- Great for your CV, professional social media profiles and job applications.
- An indication of your commitment to continuously learn, upskill & achieve high results.
- An incentive for you to continue empowering yourself through lifelong learning.
Alison offers 3 types of Diplomas for completed Diploma courses:
- Digital Diploma: a downloadable Diploma in PDF format immediately available to you when you complete your purchase.
- Diploma: a physical version of your officially branded and security-marked Diploma, posted to you with free shipping.
- Framed Diploma: a physical version of your officially branded and security-marked Diploma in a stylish frame, posted to you with free shipping.
Complete This CPD Accredited Course & Get Your Diploma!
Certify Your Skills
A CPD-accredited Alison Diploma/Certificate certifies the skills you’ve learned.
Stand Out From The Crowd
Add your Alison Certification to your resumé and stay ahead of the competition.
Advance in Your Career
Share your Alison Certification with potential employers to show off your skills and capabilities.
- Module 1: Compliant and Risk Management
- Module 2: Course Assessment
What You Will Learn In This Free Course
- Describe the importance of compliance and risk management in an organisation
- Outline the responsibilities of the compliance department
- List the factors to consider when setting up a Compliance Management System (CMS)
- Identify the different types of risks facing business processes
- Discuss the scope of operational risk management in an organisation
- Explain what Key Risk Indicators (KRIs) are in the context of business operations
- Describe the conceptual difference between ‘ethics’ and ‘compliance’
- Recall the benefits of risk management to a business
- Explain how to develop a Risk Management Framework (RMF)
