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Compliance and Risk Management

CPD Accredited | Interactive Learning Materials | Free PDF Certificate | Tutor Support | Lifetime Access


Cambridge Open Academy

Summary

Price
Save 14%
£12 inc VAT (was £14)
Offer ends 15 May 2024
Study method
Online
Duration
2 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
20 CPD hours / points
Certificates
  • Certificate of Completion (PDF) - Free
  • Certificate of Completion (Hard Copy) - £9.99
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

The demand for compliance and risk management professionals is booming. A recent study predicts a 20% growth in compliance jobs by 2030.

Compliance is more than just making sure that everyone abides by the law, rules, and regulations and preventing problems from occurring. It's also about the advantages a robust and moral compliance programmes may offer a company or organisation. In this course, you'll be able to think about compliance and risk management in new ways and apply strategies to manage it.

The process of detecting and evaluating the financial losses, material losses, and legal repercussions that may result from a company failing to comply with specific laws and regulation is known as compliance risk management. Moreover, it is essential because a thorough compliance risk management programme will ultimately lessen the possibility of a significant non-compliance incident or ethical breach. Compliance and Risk Management will also improve the standard of business operations and client satisfaction, allowing the institution to distinguish itself from market rivals.

Learning Outcomes of Compliance and Risk Management Course:

  • Get to know about compliance elements, structure and compliance management systems.
  • Learn about compliance audits and ethics.
  • Gain knowledge on risk types: pure risk and financial risk.
  • Attain an understanding of risk management: history, operations, policy and strategy.
  • Be able to understand the process, monitoring and evaluation of risk management.

Enrol in the Compliance and Risk Management course now and learn new strategies about compliance and risk management.

CPD

20 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

This Compliance and Risk Management course will teach you the necessity for compliance among organisations in heavily regulated industries, how to avoid fines and penalties, and how to prevent reputational and financial crises. This Compliance and Risk Management training will also look at actual compliance and governance failure cases, their effects, and ways to avoid them in your own businesses. You will learn about pure risk and financial risk, compliance elements, structure, and ethics. Also, this course will teach in detail about risk Management history, operations, policy and strategy, process, monitoring and evaluation.

Here is the curriculum breakdown of the Compliance and Risk Management course below:

  • Module 01: Compliance and Role of the Compliance
  • Module 02: Compliance Elements and Structure
  • Module 03: Compliance Management System (CMS)
  • Module 04: Compliance Audit
  • Module 05: Compliance and Ethics
  • Module 06: Risk Types: Pure Risk and Financial Risk
  • Module 07: Risk Management: History, Operations, Policy and Strategy
  • Module 08: Risk Management: Process, Monitoring and Evaluation

Who is this course for?

This Compliance and Risk Management course is developed for people who wish to excel in their professional and personal life. Learn from industry leaders and interact with a global network of experts by enrolling in this Compliance and Risk Management course.

This course provides a solid theoretical foundation in compliance and risk management, preparing you for a rewarding career in various sectors, including healthcare. You'll graduate with the ability to:

  • Identify and assess compliance risks within an organisation.
  • Develop and implement effective compliance programs.
  • Contribute to the creation and maintenance of a strong compliance culture.
  • Conduct thorough and insightful compliance audits.
  • Navigate the complexities of risk management frameworks and strategies.
  • Evaluate and implement appropriate risk mitigation techniques.

Requirements

Enrolling in our Compliance and Risk Management course does not require any prior knowledge or experience. All that is required is an internet-connected gadget and a passion to learn.

  • No prior knowledge needed
  • Compatible with any internet-enabled device, including computers, tablets, and smartphones.
  • Consistent learning experience
  • Accessible anywhere, anytime
  • No limitations on access
  • Use Wi-Fi or mobile data

Career path

After finishing the course, you can advance your profession. Look into jobs like:

  • Compliance Officer: £25,000 - £60,000 per year
  • Risk Manager: £30,000 - £80,000 per year
  • Regulatory Analyst: £25,000 - £50,000 per year
  • Anti-Money Laundering Specialist: £30,000 - £70,000 per year
  • Data Privacy Officer: £35,000 - £70,000 per year
  • Internal Auditor: £30,000 - £65,000 per year

Questions and answers

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

Certificates

Certificate of Completion (PDF)

Digital certificate - Included

Once you have successfully completed the course, you will receive a CPD Accredited PDF certificate completely free of cost as a proof of your accomplishment.

Certificate of Completion (Hard Copy)

Hard copy certificate - £9.99

Note: Delivery of hardcopy certificate is free within the United Kingdom. However, to obtain a hardcopy certificate, international students have to pay £19.99 for the shipment to their designated 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.