Ethics Control Blog | Ethicontrol

Empowering Compliance Officers: Essential Courses for Ongoing Success

Written by Saman Saberi | 24/05/24 11:33

As organizations worldwide embrace the ethos of continuous learning, compliance officers stand at the forefront of an ever-evolving landscape, tasked with navigating intricate regulations and ethical frameworks.

In this article, we delve into the vital realm of compliance training, exploring the diverse courses and training programs tailored to equip these guardians of governance with the knowledge and skills essential for success in their roles.

Compliance officers, at the forefront of navigating intricate regulations, can find here a wealth of tailored courses and programs to enhance their expertise.

 

  1. Reference Guide to Regulatory Compliance

By American Bankers Association  

Course Duration: 40 hours (Approximately)

Who this course is for:

An ideal resource for compliance managers, department staff, product managers, and retail branch banking managers. The Guide is updated annually, giving you timely and relevant updates at your fingertips.

Designed around the knowledge domains and tasks on the actual exam, this course features audio and video lessons, readings, and a discussion board with access to an expert instructor and practice exams. Self-assessment tools and confidence meters provide individual feedback to help you concentrate your study time where you need it the most, and a countdown meter helps keep you on track as you progress toward your exam date. All lessons can be completed at your own pace and are available fully online.

After completing this course, you will be able to:

  • Master your compliance expertise in sample scenarios aligned to the exam domains
  • Test your knowledge of key compliance topics, processes, and management expectations
  • Demonstrate your knowledge on practice exams with sample exam questions
  • Access resources that you will leverage in your role of compliance manager (purchased separately)

Credits

You have the compliance know-how— now you can confidently and efficiently prepare for the exam with the CRCM Exam Online Prep course.

 

  1. Online Training for Compliance Professionals

By American Bankers Association

Course Duration: 40 hours and 25 minutes (Approximately)

Key Benefits

  • Gain expertise on key compliance essentials, and how to identify and apply key regulations and laws
  • Train on your schedule with self-paced, on-demand courses
  • View courses seamlessly on any mobile device
  • Offers mobile accessibility features including closed captioning and screen reader
  • Learn from expert instructors
  • Earn an industry-recognized certificate

What You'll Learn

  • Understand key compliance essentials
  • Identify key regulations
  • Apply knowledge of critical laws and regulations within compliance

Credits

ABA Professional Certifications: 16.50 CRCM, 11.25 CERP, 3 CAFP, 1.25 CCTS, CSOP

Sharpen your compliance expertise with training from ABA, a leader in bank compliance. Choose individual courses or complete a certificate program to save money and streamline your learning.

Get a convenient way to build foundational compliance knowledge without leaving the bank. The four certificates collectively align with the core regulations found in the CRCM exam.

 

  1. Certified Compliance & Ethics Professional (CCEP)

By Compliance Certification Board (CCB)

Course Duration: 10 hours (Approximately)

You will learn

The corporate world can be a high-risk and challenging environment that demands a proactive compliance approach. Being certified in this dynamic, changing profession can help mitigate compliance-related risks.

Credits

The Certified Compliance & Ethics Professional (CCEP) ® is someone with knowledge of relevant regulations and expertise in compliance processes sufficient to assist organizations in understanding and addressing legal obligations, and promote organizational integrity through the operation of effective compliance programs.

Certification Highlights

An SCCE membership is not necessary to attain, maintain, or renew this certification. Certification is valid for two years and expires the month a candidate originally passed the certification exam. 

 

  1. ISO 37301:2021. Compliance management

By Udemy

Course Duration: 8 sections • 40 lectures • 3h 23m total length

What you'll learn

  • Understand what is a compliance management system
  • Master the requirements of ISO 37301
  • Identify compliance obligations and assess compliance risks
  • Participate in the implementation or audit of a compliance management system
  • Manage and improve compliance aspects in an organization

This course includes:

  • 3.5 hours of on-demand video
  • 2 downloadable resources
  • Access on mobile and TV
  • Closed captions
  • Audio description in existing audio
  • Certificate of completion

Requirements

No previous knowledge is required, but if you are familiar with ISO standards and management systems it is helpful.

Credits

This online course discusses all the requirements of ISO 37301, the international standard for compliance management systems, to help you understand the approach to compliance management of the International Organization for Standardization (ISO).

At the end you will find information about the certification to ISO 37301 as a company but also as a compliance management professional.

After going through all the videos in the course you gain a good understanding of what represents a compliance management system and how an organization can achieve compliance with the requirements of ISO 37301.

 

  1. Certificate in Compliance Management

By Udemy

Course Duration: 5 sections • 44 lectures • 2h 33m total length

What you'll learn

  • Describe what compliance is, its function within an organization, and who is responsible for industry sectors, including those that provide services to those sectors.
  • Understand why compliance exists, how it is set and changed, including the consequences of not complying.
  • Know about changing trends in compliance which include privacy, ethics, corporate social responsibility, and sustainability.
  • Gain an understanding of how operationalizing a compliance management plan using a risk-based approach works using the tools available.

Requirements

No specific requirements, but the course will be of most benefit to professionals involved either directly or indirectly in compliance within an organization.

Who this course is for:

Anyone who might be affected by the topic of the course, such as compliance managers and compliance officers as well as HR & Operations leadership teams.

This course provides the knowledge and skills required to understand compliance requirements in a given business or industry.

The course goes on to explain why such requirements exist, how they are set and changed, and who is responsible for them including the consequences of not complying. Then the course explains the three major types of compliance requirements including recognition, prevention, and identification.

Credits

The purpose of this course is to explain what compliance is, how it is used, and what purpose it serves. The course outlines the three major types of compliance requirements including recognition, prevention, and identification.

 

  1. What is Corruption: Anti-Corruption and Compliance

By the University of Pennsylvania

Course Duration: 11 hours (approximately)

Features

22 languages are available, Flexible schedule, Shareable certificate Add to your LinkedIn profile

What you'll learn

  • Provide examples of anti-corruption laws and explain the implications
  • Describe the relationship between anti-corruption efforts and an organization’s culture and compliance programs
  • Identify strategies for avoiding corruption issues
  • Provide strategies for structuring a comprehensive anti-corruption program that can prevent and/or mitigate corruption in an organization.

Credits

This course discusses what corruption is by examining, for example, the difference between a tip and an illegal bribe. This course will examine where corruption exists, how it exists, its ramifications, and the genesis of today’s anti-corruption laws. Also, focus on practical strategies for creating compliance policies and procedures that address and prevent corruption.

You will learn about the U.S. Foreign Corrupt Practices Act, the UK Bribery Act, and many other anti-corruption laws. Much of the course will focus on building compliance policies and procedures addressing corruption. We will also look at practical methods for preventing corruption in an organization, red flags, and other mechanisms for identifying corruption early so that it can be adequately addressed.

 

  1. What is Compliance?

By the University of Pennsylvania

Course Duration: 10 hours (Approximately)

Features

22 languages are available, Flexible schedule, Shareable certificate Add to your LinkedIn profile

What you'll learn

  • Define compliance within an industry setting
  • Describe how compliance affects any industry, company, or organization
  • Identify the reasons industries, companies, and organizations should engage in compliance
  • Examine the importance of compliance in supporting the financial, reputational, and functional aspects of an industry, company, or organization

Credits

In this course, we will discuss why compliance is important – from the needs facing businesses in highly regulated industries to avoiding fines and penalties to preventing reputational and economic nightmares. We’ll examine real-world examples of compliance and governance failures and their impact, and consider strategies for avoiding similar situations in our organizations. You’ll be able to think about risk management in new ways and apply strategies to manage.

 

  1. Cybersecurity Management and Compliance

By Microsoft (This course is part of the Microsoft Cybersecurity Analyst Professional Certificate)

Course Duration: 20 hours (Approximately)

Features

22 languages are available, Flexible schedule, Shareable certificate Add to your LinkedIn profile

What you'll learn

  • Learn about data and record management, Information security, standards and policy formation, and implementation.
  • Explore cloud adoption frameworks and regulatory compliance frameworks.
  • Learn how to use available tools for compliance

After completing this course, you'll be able to:

  • Explain the principles of cloud security planning
  • Identify security requirements for cloud architecture
  • Explain Microsoft's privacy principles
  • Use available tools for compliance management

Credits

When you enroll in this course, you'll also be enrolled in this Professional Certificate.

In this course, you’ll learn about data and record management, Information security, standards and policy formation, and implementation. You’ll also explore cloud adoption frameworks and regulatory compliance frameworks. This course will take you one step closer to the Microsoft Cybersecurity Analyst Professional Certificate, which requires no degree or prior experience.

This is also a great way to prepare for the Microsoft SC-900 exam. By passing the SC-900 exam, you’ll earn the Microsoft Security, Compliance, and Identity Fundamentals Certification.

 

  1. Risk Management Specialization

By New York Institute of Finance

Course Duration: 1 month at 10 hours a week

Features

22 languages are available, Flexible schedule, Shareable certificate Add to your LinkedIn profile

Enhance Your Skills in Risk Management. Understand the theory and practice of risk management and the expected results from a successful risk management process.

What you'll learn

  • Understand the concepts and principles of credit risk management and the steps to manage portfolio credit risks.
  • Use statistical models to measure risk associated with different types of investments.
  • How to build an operational risk assessment program.

Credits

This 4-course Specialization from the New York Institute of Finance (NYIF) will teach you how to measure, assess, and manage risk in your organization. By the end of the Specialization, you will understand how to establish a risk management process using various frameworks and strategies provided throughout the program.

 

  1. EU AI Act Compliance Introduction

By Robert Barcik and Jana Gecelovska (Udemy)

Course Duration: 8 Hours

A Beginner's Guide to Understanding and Achieving Compliance with the European Union Artificial Intelligence Act.

This course includes:

  • 5 hours of on-demand video
  • Assignments
  • 6 articles
  • 3 downloadable resources
  • Access on mobile and TV
  • Full lifetime access
  • Certificate of completion

What you'll learn

  • Master the core provisions of the EU AI Act, including key definitions, scope, and applicability.
  • Identify and understand prohibited AI practices outlawed by the EU AI Act to protect your business and its users.
  • Apply the EU AI Act's risk assessment framework to classify your AI system's risk level accurately.
  • Implement the compliance measures required for high-risk AI systems under the EU AI Act.
  • Understand the roles and responsibilities of the regulatory bodies enforcing the EU AI Act.
  • Stay up-to-date on the evolving landscape of AI regulation, including changes to the EU AI Act and related laws.

Requirements

A basic understanding of what artificial intelligence (AI) is and how it works. No technical expertise is required

Credits

This course is designed for beginners! You'll gain a solid foundation even if you've never heard of the EU AI Act.

Here's what you'll learn:

  • The basics of the EU AI Act: Understand what it is, why it matters, and whether your AI systems fall under its scope.
  • Protect your business and users: Learn to recognize and avoid the harmful AI practices now prohibited.
  • Assess your AI's risk level: Use the AI Act framework to classify your systems and determine the steps necessary for compliance.
  • Navigate compliance for high-risk AI: Implement the right strategies for data management, risk assessments, and documentation.
  • Understand AI regulation: Explore the roles of EU authorities and stay up-to-date on any changes to the law.
  • Real-world examples: See how the EU AI Act impacts businesses like yours, and learn from practical compliance strategies.

Why Choose This Course?

  1. Expert Guidance: Learn from an AI & regulatory consultant with on-the-ground experience helping businesses navigate the AI Act.
  2. Up-to-date Content: the course will update constantly so you have the very latest information on this evolving regulation.
  3. Personalized Support: always available to answer your questions and help you apply these concepts to your specific situation.
  4. Enroll today and gain the knowledge you need to successfully implement the EU AI Act and safeguard your business in the age of responsible AI.

In an era marked by heightened scrutiny and technological evolution, investing in continuous learning is essential. These initiatives not only fortify expertise but also foster a culture of compliance consciousness, ensuring organizations remain resilient and ethical. As compliance officers embrace ongoing education, they emerge as vital guardians of integrity and governance in a constantly changing world.