General Framework for Internal Control Systems and Enterprise Risks Course

USD 106
USD 85

Duration
02:40:12 hours

Access Time
Lifetime

Language
Arabic

Resources
(1)

Skill Level
( Advanced )

889

USD 106
USD 85

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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 Program Objectives

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

Cognitive Objectives

Develop a deep understanding of the five components of the internal control system according to the COSO framework.
Gain comprehensive awareness of Basel III/IV requirements for banking risk management.
Acquire comprehensive knowledge of the types of risks affecting financial institutions, including credit, operational, market, liquidity, and reputational risks.
Understand quantitative and qualitative risk assessment methodologies, including Value at Risk (VaR), stress testing, and scenario analysis.
Understand the framework for integrating internal control systems with Enterprise Risk Management (ERM).

Practical and Skill-Based Objectives

Design integrated and effective control systems for financial institutions.
Apply modern risk assessment tools in banking environments.
Analyze control gaps and develop appropriate remediation plans.
Prepare effective reports on the performance of internal control systems.

Behavioral and Professional Objectives

Enhance integrity and objectivity in internal control practices.
Develop awareness of the importance of maintaining a sound control culture.
Improve communication skills with regulators and stakeholders.
Strengthen the ability to make proactive decisions.
Develop teamwork skills within internal control and risk management units.

Institutional Objectives

Improve the quality of internal control systems within institutions.
Enhance compliance with local and international regulations and standards.
Reduce financial losses resulting from control weaknesses.
Improve institutional credit ratings.
Increase the efficiency of capital allocation in line with Basel requirements.

Assessment and Measurement Objectives

Evaluate the effectiveness of existing internal control systems.
Measure the performance of control activities using Key Performance Indicators (KPIs).
Analyze compliance gaps related to regulations and standards.
Develop criteria for measuring the maturity level of internal control systems.

Strategic Objectives

Keep pace with global developments in financial control.
Adapt to regulatory and technological changes.
Enhance institutional resilience in the face of crises.
Achieve integration between internal control and risk management.

Expected Program Outcomes

Enable participants to design and evaluate integrated internal control systems.
Acquire advanced skills in managing risks within financial institutions.
Develop competencies in using modern technologies for internal control.
Improve organizational performance in governance and compliance.
Increase awareness of the importance of integrating internal control with risk management.

You Will Learn

In this specialized program, you will learn:

Basic Concepts

A comprehensive understanding of internal control systems according to COSO and Basel standards.
The distinction between internal control and internal audit.

Practical Skills

Designing and evaluating internal control systems.
Applying tools for assessing credit, operational, and liquidity risks.
Using modern technologies, including artificial intelligence and data analytics, in internal control.