Description
*Next intake for 6 weeks of ‘Navigating Complexity: Implementing DORA for Compliances Professionals’: Starting November 6th 2024*
CPD: 4 hours LCI, FCI (Compliance), CFCP, CDPO, CFRCP, Professional Banker, Chartered Banker, Certified Bank Director, Certified Investment Fund Director, Accredited Funds Professional
Course Fee:
Compliance Institute Members: €560**
Non-Members: €680
*The Compliance Institute members – email [email protected] to request the discount code.
*Limited IFS funding (30% discount on both fees) available – first come first served*
Introduction:
In today’s fast-paced and ever-changing business environment, compliance professionals play a crucial role in ensuring organizations meet their regulatory obligations while maintaining operational resilience. This course will provide you with the tools and strategies needed to adapt, innovate, and thrive in the face of uncertainty.
Key Features of the Course:
- Master the DORA Framework: Gain a deep understanding of the DORA framework and its principles, enabling you to implement a dynamic and agile compliance strategy within your organization.
- Adaptability in Compliance: Learn how to navigate uncertainty, regulatory changes, and emerging risks through practical strategies and best practices.
- Compliance Technology and Automation: Explore the latest compliance technologies and tools that streamline processes, enhance efficiency, and ensure regulatory compliance.
- Resilience and Risk Management: Discover effective risk management techniques to proactively identify, assess, and mitigate compliance risks in a rapidly evolving regulatory landscape.
- Case Studies and Real-World Scenarios: Dive into real-world case studies and scenarios, allowing you to apply theoretical knowledge to practical compliance challenges.
- Expert Guidance: Benefit from the insights and expertise of industry-leading compliance professionals who will guide you throughout the course, providing practical tips and advice.
- Interactive Learning Environment: Engage in group discussions, collaborative exercises, and interactive sessions to foster a dynamic learning experience and networking opportunities with fellow professionals.
Who Should Attend?
This course is tailored for compliance professionals across industries who are eager to enhance their skill set, gain a competitive edge, and successfully implement the DORA framework.
Whether you are a compliance officer, risk manager, auditor, or regulatory consultant, this course will provide you with the knowledge and tools necessary to navigate uncertainty and achieve operational resilience.
Don’t miss this opportunity to stay ahead of the regulatory curve and advance your compliance career. Enroll today in “Navigating Complexity: Implementing DORA for Compliance Professionals” and unlock your potential in the ever-changing world of compliance.
Start Date: Wednesday, November 6th 2024
Delivery:
6 weeks of 4 hour ‘live on line’ classes per week
Outcomes:
This training course will provide financial service professionals with the practical skills and knowledge required to implement the EU’s Digital Operational Resilience Act. By the end of the six weeks, participants will have a comprehensive understanding of the key concepts, requirements and best practices for digital operational resilience.
Assessment:
Final scenario based written report.
Faculty:
100% industry practitioners focused on dealing with operational realities:
Jacquie Ryan (Course Director)
Jacquie Ryan has a diverse background in law, journalism, and financial services. She holds a Law Degree and a Masters in Journalism. Jacquie’s career began at a private third level college, with the law faculty. Transitioning into the financial sector, Jacquie has built a career in insurance and payments. Her expertise lies in compliance, where she has navigated the complex regulatory landscapes of both EU and USA markets.
Michelle McGuire (Head of Risk & Compliance at valid8Me)
Michelle is an experienced risk and compliance professional with more than 15 years’ experience in senior positions in various financial services industries including banking and fund administration. During her time in industry, Michelle was a member of Industry working groups in AML, Data Protection and Regulation. Michelle holds the relevant compliance, risk and legal qualifications and professional body memberships, complementing strong business commercial knowledge. Most recently, Michelle has worked in the ever-growing Fintech industry in senior leadership roles.
As Head of Risk and Compliance for valid8Me, Michelle’s remit covers all aspects of Risk and Compliance for the business, and given her experience in the financial services industry, is able to fully appreciate valid8Me’s clients pain points and frustrations in relation to client onboarding.
Michelle has an active role in the start-up and Fintech communities, both as an advisory council member of the Fintech and Payments Association and an advisory board member for the Fintech Corridor.
Dermot Kennedy (Chief Operations Officer at The Compliance Institute)
Dermot is an experienced Director, having gained significant experience in Compliance, Risk and Fraud, Operations, Engineering and Customer Services management primarily in the Information Technology and Fintech areas.
Dermot was most recently CS Director Ireland at Remitly, who are a global cross-border digital remittance provider and led the launch of Remitly’s European operation in Cork, growing the site to 270 team members in just 2 years while ensuring that the activities of REL’s align with regulatory requirements, compliance, local laws, and business requirements
Graham Day (Cloud Compliance Program Manager at Genesys)
Over 20 years UK Public Sector delivering holistic Security and Counter Intelligence support in high-threat high-risk environments. Subsequently a CESG Listed Advisor providing Security Information Risk Advisor to both Public and Private Sector organisations. Currently Cloud Compliance & bespoke speciality Program Manager for global SAAS entity.
Week 1: Introduction to Digital Operational Resilience
Overview of the EU’s Digital Operational Resilience Act (DORA)
Explanation of the key concepts and requirements
Case studies of recent cyber-attacks and the impact on financial institutions
Introduction to the NIS Directive and the relationship between DORA and NIS
Week 2: Risk Management and Cybersecurity
Principles of risk management and cybersecurity
Understanding of the cyber threat landscape
Cybersecurity frameworks and standards (e.g., NIST, ISO, CIS)
Vulnerability management and incident response
Week 3: Governance and Accountability
Importance of governance and accountability in digital operational resilience
Role of the Board and Senior Management
Regulatory requirements for governance and accountability (e.g., IAF/SEAR, EBA Guidelines)
Cybersecurity culture and awareness training
Week 4: Business Continuity and Disaster Recovery
Business continuity planning and disaster recovery
Key concepts of resilience and recovery
Developing a business continuity plan
Testing and validating business continuity plans
Week 5: Third-Party Risk Management
Managing third-party risks in the digital ecosystem
Due diligence and risk assessments
Contractual arrangements and service level agreements
Continuous monitoring and oversight of third-party service providers
Week 6: Compliance and Reporting
Regulatory reporting requirements under DORA
Incident reporting and notification
Audit and assessment frameworks (e.g., ISAE 3402, SOC 2)
Best practices for compliance and reporting