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Compliance Management: Risks and Solutions

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Summary

Price
£15 inc VAT
Study method
Online
Duration
3 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
10 CPD hours / points
Certificates
  • Certificate of completion - Digital certificate - Free
  • Certificate of completion - Hard copy certificate - £9.99
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

During the 2008 financial crisis, one of the key issues highlighted was the lack of robust compliance and risk management systems. In response, industries across the UK have significantly bolstered their focus on these areas, leading to an increased demand for skilled compliance specialists. This Compliance Management: Risks and Solutions course is your key to seizing these opportunities. With a thorough understanding of compliance, risk types, and risk management, you'll be equipped to ensure your organisation aligns with industry regulations, minimises potential risks, and maintains ethical standards. As of 2023, the compliance management market in the UK is forecast to grow by 8.2% annually, indicating a bright future for aspiring professionals. Learn the intricacies of compliance management and be part of this exciting growth trajectory. Make your mark in the industry, starting with this Compliance Management: Risks and Solutions course today.

Learning Outcomes:

  • Understand the fundamental principles of compliance management.
  • Identify and analyse the five essential elements of compliance.
  • Demonstrate knowledge of Compliance Management Systems (CMS) and compliance auditing.
  • Develop awareness about ethics in compliance and different types of risks.
  • Apply the process of risk management in various real-world scenarios.

CPD

10 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

This course provides an insightful introduction to Compliance Management, covering its core principles and the importance of adhering to regulatory guidelines. You'll explore the five essential compliance elements, gaining comprehensive knowledge to ensure smooth business operations. In addition, you'll delve into the workings of a Compliance Management System (CMS), learning how to audit for compliance and improve organisational standards effectively.

The Compliance Management course further emphasises the critical role of ethics in compliance, offering valuable perspectives to strengthen your professional integrity. The latter part of the course focuses on risk, presenting a clear understanding of its types and the potential threats they can pose to an organisation. You'll become adept at identifying these risks, forming a solid foundation for the ensuing modules.

Finally, you'll be introduced to Risk Management. This section elucidates the process of managing risks, including assessing, controlling, and monitoring risks, empowering you to implement strategic solutions in various contexts. By the end of this Compliance Management: Risks and Solutions course, you'll possess a thorough understanding of Compliance and Risk Management, equipping you with the skills to ensure organisational adherence to various industry standards.

Who is this course for?

This course is suitable for individuals keen on understanding and applying compliance management in their professional lives. It would be especially beneficial for banking, finance, healthcare, and manufacturing employees, where strict adherence to regulatory standards is vital. Moreover, aspiring auditors, risk managers, and business consultants would find this Compliance Management: Risks and Solutions course highly relevant. Lastly, individuals in leadership roles looking to create a culture of compliance and ethical behaviour within their organisations would significantly benefit from the insights offered in this course.

Career path

  • Compliance Officer - £30K to £50K/year.
  • Compliance Auditor - £35K to £55K/year.
  • Risk Analyst - £40K to £60K/year.
  • Compliance Manager - £45K to £65K/year.
  • Business Consultant - £50K to £75K/year.
  • Director of Risk Management - £70K to £100K/year.

Questions and answers

Currently there are no Q&As for this course. Be the first to ask a question.

Certificates

Certificate of completion - Digital certificate

Digital certificate - Included

Certificate of completion - Hard copy certificate

Hard copy certificate - £9.99

Inside the UK student have to pay an additional delivery fee of £10, whereas International students are required to pay an additional fee of £19.99 to receive a hard copy of the certificate delivered to their address.

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.