Compliance Monitoring & Assurance

Designing and delivering effective compliance monitoring and assurance programmes

Course Overview

This course provides learners with an understanding of compliance monitoring and assurance and the techniques used to assess whether regulatory and policy obligations are being met. Learners will explore monitoring programme design, testing methodologies, findings management, escalation and reporting. The course is suitable for second-line compliance professionals and those responsible for regulatory assurance.

Learning Outcomes

• Understand the purpose of compliance monitoring and assurance
• Design a risk-based compliance monitoring programme
• Apply transaction testing, file review and thematic review techniques
• Document and report monitoring findings objectively
• Manage findings escalation and corrective action tracking
• Understand the distinction between first, second and third lines of assurance
• Report compliance monitoring results to senior management and governance bodies

Course Structure (3 topics, 9 lessons)