public courses

We provide multiple training offerings for the capacity development needs across all levels.

New Fraud Risk Management and Data Mining – Implementing Practical
Solutions and Approaches

 
FEE: ₦295,000.00
LEVEL: INTERMEDIATE
INSTRUCTOR: DENNIS COX

New Fraud Risk Management and Data Mining – Implementing Practical
Solutions and Approaches

Jun 19 – 21 2023
(Lagos/Abuja Time Zones)

Experience the highly-interactive expert-led social learning through Virtual Classroom via Cisco WebEx from Risktech & Advisory Limited.

All our 2023 Live, onsite and Virtual Classroom events feature shared (or discrete) live chat between delegates and the expert, participate in topical surveys, polling questions, group exercises and case studies for a tried -and- true engaging and gratifying learning experience.

Need to bring this course in-house, 1:1 at your location anywhere worldwide? Simply contact us for significant cost savings and dates to meet your specific requirements.

Session 1: Fraud – Appetite, Risk and Culture

Session 2: Lessons from Frauds

Session 3: Fraud Detection and Controls

Session 4: Data Analytics

Session 5: Types of Fraud Data Analysis

Session 6: Specific Applications

Session 7: Fraud Response Planning

Session 8: Preparing the Plan

Fraud is an ever-present risk and one that is notoriously hard for management to mitigate and control effectively. In this practical seminar we will discuss and evaluate both the internal and the external fraud risks that are currently faced by companies.

Delegates will learn the key elements of a fraud data management program, methodologies to be adopted, the approaches used by those who would do harm to your firm and society at large, and focus on the warning signs that signal the need for more in-depth work and/or a full blown
investigation.

Key areas of business vulnerability will also be examined, and the application of risk-based approaches explored in detail.

This program is designed for Fraud Risk Managers, Group Security Executives, Financial Control and Operations staff within corporations, and recent course delegates have included bank internal auditors, asset managers and risk managers from insurance companies.

How to best apply data mining techniques to fraud risk management?

We will consider which are the best approaches and what they can realistically achieve.

The course will also address what to do with information received and how to investigate concerns.

Delegates will get practical tips on what to look for and how to develop a risk-based fraud prevention, detection and monitoring program.

All delegates completing the course will receive a CPD accredited Certificate in Fraud Risk Management & Data Mining.

Delegates will learn about and understand current best practice in fraud risk management and applicable data mining techniques with a focus on

• The key elements of a fraud deterrence risk management structure
• How to develop and implement a structure regarding warning signs
• How to implement fraud data mining
• The limitations of fraud data mining
• How to investigate incidents

For those who may require an assessment as proof of competency via training, a 20-multiple choice questions and answers quiz, fully remotely invigilated, with results report and one resit, is available included in the delegate price.

Highly interactive expert-led intensive presentation, Q&A, group real-time in-depth case studies, regulation and discussion supported by key principles and theory. The virtual learning platform uses safe, industry preferred encrypted Cisco WebEx to optimize live face-to-face visual interaction, discrete chat, for polling and quizzes. (An invitation via email with access link is included for all participants.)

Our site uses cookies to enhance your experience. Learn more about our Privacy Policy