General Framework for Internal Control Systems and Enterprise Risks Course

USD 106
USD 53

Duration
02:40:12 hours

Access Time
Lifetime

Language
Arabic

Resources
(1)

Skill Level
( Advanced )

USD 106
USD 53

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About the instructor

Mahmoud El-Gamal

The former CEO and Internal Control Advisor at the National Bank of Egypt and the Agricultural Bank of Egypt.

Former CEO of the Internal Control Group at the Agricultural Bank of Egypt, appointed by the Central Bank of Egypt until January 2023. He is also the founder of the centralized internal control activity system at the bank since 2020.
Former CEO of the Internal Control Group at the National Bank of Egypt and founder of the centralized internal control activity system at the bank from 2009 to 2020.
Former Chairman of the Internal Audit Managers Group at the Union of Arab Bankers – Beirut, Lebanon, for six consecutive terms, and the first elected chairman of the group.
Certified expert, listed in the Arab Banking Experts Directory issued by the Union of Arab Bankers – Beirut, Lebanon, in 2012, listed on page 92.
Board Member and Chairman of the Audit Committee for four companies as a representative of the National Bank of Egypt for 10 years.
Member of thesis defense and evaluation committees for master’s and doctoral degrees at the Faculty of Commerce, Ain Shams University (25 research papers).
Holder of the international certification "Certified Director (CDCP)", issued by the World Bank and endorsed by the Institute of Directors of Egypt under the Financial Regulatory Authority – Egypt.
Certified trainer and lecturer at the National Bank of Egypt since 1999.
Certified lecturer at the Egyptian Banking Institute (affiliated with the Central Bank of Egypt), the Arab Academy for Banking and Financial Sciences, the Federation of Egyptian Banks, and the Union of Arab Bankers.
Founding member of the banking process reengineering initiative at the National Bank of Egypt, supervised by the American consulting group BEARINT’S, from 1998 to 2000.
39 years of professional banking experience.

Objectives of General Framework for Internal Control Systems and Enterprise Risks Course

General Objectives of the Program

Developing a comprehensive understanding of the concepts and principles of internal control systems in the financial sector according to the latest global standards (COSO, Basel III/IV).
Enabling participants to design and implement effective internal control systems integrated with enterprise risk management.
Enhancing the ability to identify, assess, and address operational, financial, and strategic risks in financial institutions.
Developing the skills needed to keep pace with modern challenges in the field of control and risk management.

Cognitive Objectives (Knowledge-Based)

Deep understanding of the five components of the internal control system according to the COSO framework.
Full awareness of Basel III/IV requirements in banking risk management.
Comprehensive knowledge of the types of risks in financial institutions (credit, operational, market, liquidity, reputation).
Understanding quantitative and qualitative risk assessment methodologies (VaR, stress testing, scenario analysis).
Understanding the framework for integrating internal control systems with Enterprise Risk Management (ERM).

Skill Objectives (Practical/Application-Based)

Designing integrated and effective control systems for financial institutions.
Applying modern risk assessment tools in the banking environment.
Analyzing control gaps and developing remediation plans.
Preparing effective reports on the performance of the internal control system.

Behavioral Objectives (Professional)

Enhancing integrity and objectivity in internal control practices.
Developing awareness of the importance of a sound control culture.
Improving communication skills with regulators and stakeholders.
Strengthening the ability to make proactive decisions.
Developing teamwork skills within control and risk management units.

Institutional Objectives

Improving the quality of internal control systems in institutions.
Enhancing compliance with local and international regulations and standards.
Reducing financial losses resulting from control weaknesses.
Improving institutions’ credit ratings.
Increasing the efficiency of capital allocation in line with Basel requirements.

Assessment and Measurement Objectives

Evaluating the effectiveness of existing internal control systems.
Measuring the performance of control activities using KPIs.
Analyzing compliance gaps with regulations and standards.
Developing criteria for measuring the maturity level of the internal control system.

Strategic Objectives

Keeping pace with global developments in financial control.
Adapting to regulatory and technological changes.
Enhancing institutional resilience in the face of crises.
Achieving integration between internal control and risk management.

Expected Program Outcomes

Participants will be able to design and evaluate integrated internal control systems.
Acquisition of advanced skills in managing risks within financial institutions.
Development of competencies in using modern technologies in control.
Improved organizational performance in governance and compliance.
Increased awareness of the importance of integrating internal control with risk management.

You Will Learn

You will learn in this specialized program:

Basic Concepts:

Comprehensive understanding of internal control systems according to COSO and Basel standards
The difference between internal control and internal audit

Practical Skills: