GRC Program for Governance, Risk, and Compliance

The Governance, Risk, and Compliance (GRC) training program aims to qualify and enhance the efficiency of executives and employees in the fields of governance, risk management, compliance, auditing, and internal auditing in all types of companies and government entities, according to international standards and best practices in corporate governance. This positively reflects on improving the performance and efficiency of those entities and companies, where the best practices in coordinating the work mechanisms of those departments will be highlighted and harmonized together to ensure that roles are not repeated, goals and processes are not conflicting, leading to enhancing efficiency, effectiveness, and achieving maximum benefit from available resources within a sound and comprehensive governance structure. The importance of this training program cannot be overstated.

In today's fast-paced business environment, companies face increasing regulatory requirements and evolving risks that threaten their survival. The GRC training provides participants with the necessary tools and techniques to identify and manage these risks while ensuring compliance with relevant laws and regulations.

The program will cover the following topics:
The program covers a wide range of topics, including governance structures, risk management frameworks, regulatory compliance, and business ethics. Participants will learn how to develop and implement effective governance structures, assess and manage risks, and navigate complex regulatory requirements. Additionally, the training program covers topics such as fraud detection and prevention, cybersecurity, and data privacy, which are critical in today's digital age.

1. Understanding the concepts and terminologies of governance, risk, and compliance.
2. How to achieve compliance and the regulatory environment for companies and institutions.
3. Governance: Understanding the roles and responsibilities of corporate governance, including the board of directors and executive management. Participants will learn the basic principles of corporate governance and how to implement effective governance structures.
4. Risk management: Understanding the principles and techniques of risk management, including identifying, evaluating, mitigating, and monitoring risks. Participants will learn how to develop risk management frameworks and apply them to their organizations.
5. Compliance: Learning the laws, regulations, and standards that organizations must comply with, including financial regulations, data privacy laws, and environmental regulations. Participants will learn how to ensure compliance with these regulations and how to develop effective compliance programs.
6. Financial crimes and their types and the penalties assigned to each one.
7. Business ethics: Learning the principles of ethical behavior in business, including the importance of transparency, honesty, and accountability. Participants will learn how to create a culture of ethics within their organizations and how to overcome ethical dilemmas.
8. The OCEG model for GRC capabilities, governance, risk management, and compliance.

After completing the training, participants will be able to:

1. See improvements in their organizations' risk management, compliance, and overall organizational performance.
2. Acquire the skills and knowledge needed to effectively identify and manage risks, ensuring their organizations are prepared to face any challenges that may arise.
3. Avoid costly regulatory fines and damage to their reputation.
4. Increase the reliability of analyzing the concerns of regulatory bodies, shareholders, and financing entities.
5. Provide more effective support for governance, risk management, and compliance teams.
6. More effectively use the successful GRC plan development.
7. Increase strategic thinking and focus on performance.
8. Prepare employees for increasing responsibility.
9. Support company sustainability by innovating opportunities based on risk and challenge analysis.
10. Better understand the context and importance of governance, risk management, and compliance.
11. Understand the basic concepts related to governance, risk management, and compliance.
12. Learn how to achieve integration between values, vision, mission, strategy, risk management, and compliance.
13. Understand organizational culture, define it, and promote it in terms of relevance.
14. Understanding the role of data, communications, and technology.
15. Understanding how to use continuous monitoring and continuous improvement through establishing metrics and conducting assessments accordingly.
16. Knowing how to provide assurance about risk management activities and comply with a risk-based auditing approach.
17. Increased awareness of industry practices, issues, and solutions.
18. Increased job satisfaction in providing quality support to management.
19. Increased self-confidence and motivation at work.
20. Increased understanding and reassurance in successfully completing tasks.
21. Best practices in avoiding situations that may make their company legally liable.
22. Tools for detecting any violations of company policies.