Anti-Money Laundering, Risk & Basel Training

Kenya Institute of Bankers

Institution Details:

Nairobi, Kenya

Course Category:



Next Start Date: 07/05/2018

End Date: 05/09/2019

Application Closing Date: 07/05/2018

Course Description

This training discusses the current challenges and emerging regulatory framework for the compliance department in Banking. We then take a closer look at the AML implementation process, risks framework and the Basel regulations.
Among the risks that face financial institutions, Money Laundering is the risk to which supervisors of financial institutions pay the closest attention because it has been the risk most likely to cause a bank to fail. This module will be covering the main elements of Anti-Money Laundering Framework.

This 3 day tailored in-house training course analyzes financial crime topics especially money laundering and terrorist financing. The course raises awareness of financial crime risks, global laws and regulations, laws and regulations applicable to specific nations in Africa, and the systems and controls aimed at detecting and preventing financial criminal acts.
It is imperative that bankers equip themselves with a comprehensive understanding of Banking Compliance in order to manage banking risks effectively.

Credit risk is by far the most significant risk of a bank. Judging by the global credit crisis, it is also the most complex risk that banks face. Credit creation is the most important function of a banking system in the economy. Credit risk assessment frameworks are receiving renewed attention as crucial elements of the banking system to be strengthened to ensure sustainable economic growth and to prevent a repeat of the crisis.

Operational risk occurs when there is a risk as a result of an operation not going according to the planned route. This is a common area of risk in all banks and attention needs to be paid towards operational risk. It is also the risk to which supervisors of financial institutions pay attention to because it covers the everyday business of being a bank. This module will be covering the main elements of operational risk review.

This full course is driven by practical examples and interactive scenarios to ensure users truly understand and recognize compliance issues within their bank and to master employing instructional design techniques optimized for risk and compliance. The course examines the associated management tools and techniques within the broader context of the Compliance approach to integrated risk management.

Gain insights into best practice strategies and techniques including
1. Leading the bank through effective compliance programs
2. Learning the fundamentals of Money Laundering
3. Understanding the Compliance Standards for AML
4. Accurately define different types of risks in a banking environment
5. Understanding Enterprise-wide Risk management
6. Creating a compliance culture that puts huge value on the organisation’s reputation
7. How to align the staff’s behaviour to the compliance culture
8. Building a holistic Risk Framework
9. Mastering all the fundamentals concepts of Risks

  • Course Sub-Category Anti-Money Laundering, Risk & Basel Training
  • Course Level Tertiary
  • Qualification Awarded Certificate
  • Awarding Body KIB
  • CostUSD 1,150
  • Length Of Course 3 Days
  • Class Size
  • Course Location/BranchLaico Regency Hotel

Course Requirements

Presidents, Vice Presidents, Managing Directors, Directors, General Managers, Senior Managers, Head of the Departments & Chiefs of:
1. Risk Management
2. Credit & Market Risk
3. Credit Risk Analysis & Research
4. Credit Risk Architecture
5. Credit Controllers
6. Asset Management
7. Portfolio Risk Management & Portfolio Management
8. Portfolio Analytics & Pricing
9. Corporate Lending
10. Treasury & Financial Risk

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  • Email address to receive queries thebanker@kib.co.ke

Institution Details

The Kenya Institute Of Bankers (KIB) is the world’s leading institute for business continuity. Established in 1979, the KIB has established itself as the leading membership and certifying organization for Business Continuity professionals worldwide.

Our Mission
To champion best practice in the delivery of financial services education, to promote professionalism, self-regulation and acceptable standards in the Financial Services Sector, through innovative learning, codes of conduct, quality skills and competencies.

To become the leading professional body in the promotion and delivery of quality financial services education and training.

Core Values
Students deserve dependable, accurate, timely, respectful and honest responses. Advisors' responsibilities to their many constituents form the foundation upon which our Core Values rest.
1. Integrity
2. Transparency
3. Accountability

Core Areas
The Overall Responsibility of the Institute is to;
1. Produce relevantly–educated and trained career staff for the financial sector.
2. Cater for students with a wide range of abilities and backgrounds.
3. Provide Professional Qualifications and Skills Upgrading Training
4. Programmes which enjoy wide recognition and acceptance throughout the Financial Services Sector.
5. Retain and sustain continued support by Employers – Banks/Financial Institutions.
6. Be perceived by all staff/students/members to be fair and worthwhile.
7. Allow ambitious, high quality staff to acquire high qualifications.
8. Provide broad based, educational programmes for those preparing for management in the industry.