Introduction

In today's volatile global economy, robust governance frameworks are absolutely critical for ensuring financial resilience, safeguarding institutional stability, and navigating periods of economic uncertainty. Financial institutions and corporations alike face escalating pressures from market fluctuations, regulatory changes, and unforeseen global events, demanding proactive strategies to withstand shocks and maintain operational continuity. This comprehensive training course is meticulously designed to equip current and aspiring leaders with the essential frameworks and practical strategies to build and maintain strong financial resilience through effective governance.

This 5-day intensive program will empower participants to cultivate a deep understanding of risk management principles, master capital adequacy strategies, and refine their ability to lead with foresight and accountability in a dynamic financial landscape. You will learn to identify and mitigate financial risks, establish robust internal controls, and foster a culture of resilience that safeguards assets and ensures long-term viability. By mastering these critical competencies, you will enhance your capacity to protect your organization's financial health, ensure regulatory compliance, and drive its sustainable success.

Duration: 5 Days

Target Audience

• Senior Leaders and Executives
• Board Members and Directors
• Chief Financial Officers (CFOs)
• Chief Risk Officers (CROs)
• Financial Controllers and Accountants
• Internal and External Auditors
• Compliance Officers
• Treasury Professionals
• Legal Counsel
• Regulators and Supervisors

Objectives

• Understand the core principles of financial resilience and its link to governance.
• Develop a strategic mindset for building and maintaining financial stability.
• Master frameworks for identifying, assessing, and mitigating financial risks.
• Learn to design and implement robust internal controls for financial integrity.
• Cultivate effective oversight of capital adequacy and liquidity management.
• Enhance communication abilities for transparent financial reporting during stress.
• Understand relevant legal and regulatory frameworks for financial resilience.
• Develop strategies for crisis preparedness and business continuity planning.
• Create a personalized action plan for strengthening financial resilience through governance.

Course Modules

Module 1: Foundations of Financial Resilience & Governance

• Defining financial resilience and its strategic imperative in modern organizations.
• Understanding the interconnectedness of governance, risk, and financial stability.
• Exploring the drivers of financial instability and their impact on businesses.
• The role of leadership in fostering a culture of financial prudence.
• Case studies of organizations that demonstrated financial resilience during crises.

Module 2: Enterprise Risk Management (ERM) for Financial Resilience

• Overview of leading ERM frameworks tailored for financial resilience.
• Techniques for identifying and assessing financial risks (e.g., credit, market, liquidity, operational).
• Developing a robust risk appetite framework for financial decision-making.
• Integrating risk assessment into strategic planning and capital allocation.
• The role of risk committees in overseeing financial risk.

Module 3: Capital Adequacy and Liquidity Management Oversight

• Understanding the importance of capital adequacy for financial resilience.
• The board's role in overseeing capital planning and stress testing.
• Strategies for effective liquidity management and contingency funding.
• Navigating regulatory requirements for capital and liquidity (e.g., Basel Accords).
• Optimizing capital structure to enhance resilience.

Module 4: Internal Controls for Financial Integrity

• Designing and implementing effective internal controls over financial reporting.
• Preventing and detecting financial fraud and errors.
• The role of segregation of duties, reconciliations, and authorizations.
• Leveraging technology to enhance financial controls and monitoring.
• Ensuring compliance with anti-money laundering (AML) and anti-corruption controls.

Module 5: Financial Reporting and Transparency

• The importance of accurate, timely, and transparent financial reporting.
• Understanding key accounting standards and disclosure requirements.
• The Audit Committee's role in overseeing financial integrity.
• Strategies for communicating financial performance and risks to stakeholders.
• Building investor confidence through credible financial disclosures.

Module 6: Crisis Preparedness and Business Continuity

• Developing a comprehensive crisis management plan for financial disruptions.
• Strategies for business continuity and disaster recovery.
• The board's role in overseeing crisis response and communication.
• Learning from past financial crises and implementing lessons learned.
• Ensuring operational resilience during periods of stress.

Module 7: Regulatory Compliance and Future Trends

• Overview of key financial regulations impacting resilience (e.g., stress testing, resolution planning).
• Understanding the role of regulatory bodies in promoting financial stability.
• Navigating evolving regulatory landscapes and emerging compliance requirements.
• Future trends in financial resilience (e.g., climate risk, digital disruption).
• Creating a personalized action plan for strengthening financial resilience through governance.

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Training Venue

The training will be held at our Skills for Africa Training Institute Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Skills for Africa Training Institute certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: info@skillsforafrica.org, training@skillsforafrica.org Tel: +254 702 249 449

Terms of Payment: Unless otherwise agreed between the two parties’ payment of the course fee should be done 7 working days before commencement of the training.