Demystifying Risk and Control Self Assessments (RCSAs) in Financial Services

Introduction

In today's dynamic environment, understanding and proactively managing risks is paramount. Risk and Control Self Assessments (RCSAs) are a powerful tool that empowers your teams to identify, assess, and control risks from the ground up.

This new virtual classroom seminar de-mystifies the RCSA framework focussing on helping attendees unlock the key benefits by enhancing your ability to navigate the process for maximum organisational value.

Join us to gain a clear understanding of the RCSA lifecycle, practical knowledge and skills of how to deliver a robust RCSA programme, and the ability to contribute to a stronger risk management culture within your organisation.

This session is essential for all individuals seeking to enhance their understanding of risk and controls, in particular for compliance professionals, risk managers, auditors, and operations staff in financial services. While reference is made to the UK financial services regulatory environment, the principles of building compliant frameworks are common across multiple jurisdictions.

What You Will Learn

This live and interactive course will cover the following:

• The foundations of RCSAs - principles, benefits, key components
• The RCSA process
• Planning and preparation
• Risk identification
• Control identification and assessment
• Action planning and remediation
• Documentation, reporting and review
• Practical application & tools - including methodologies and impactful workshop facilitation

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.