Certified Compliance Risk and Internal Control Manager (CCR)

Compliance risk and internal control management serve as the backbone of an organization's ability to navigate the complex regulatory landscape and mitigate potential risks. 

Effective management of these aspects not only strengthens the organization's operations but also safeguards its reputation and ensures regulatory compliance. 

In 2020, the U.S. Securities and Exchange Commission (SEC) alone imposed non-compliance fines of over $4.6 billion, highlighting the significant financial consequences that organizations can face due to non-compliance with regulatory rules. These figures emphasize the need for robust internal control and compliance risk management systems.

The Certified Compliance Risk and Internal Control Manager (CCR) program is designed to help you become an expert in the essential aspects of compliance risk and internal control management. 

By integrating theoretical knowledge with real-world case studies, this comprehensive course will provide you with the advanced skills and understanding required to confidently navigate the ever-evolving world of compliance, risk management, and internal control. 

You will learn a wide range of critical topics, including latest regulatory frameworks, risk assessment methodologies, internal control design, corporate governance, and incident management, offering a holistic understanding of the intricacies of managing compliance risks.

During the program, you will also learn to identify and evaluate potential compliance risks, design and implement effective internal controls, monitor and manage regulatory compliance, and develop strategies for incident response and remediation. 

This program will also cover the latest technological advancements in compliance and internal control management, including the use of data analytics, automation, and artificial intelligence. 

Throughout the program, you will gain insights into the importance of fostering a strong compliance culture and maintaining open communication with key stakeholders.

Upon completing the program and passing the Chartered exam, you will attain the coveted Certified Compliance Risk and Internal Control Manager (CCR) designation. 

This globally demanded credential is a testament to your ability to implement robust internal controls, navigate the ever-changing financial landscape, and adapt quickly to emerging risks and regulatory requirements. 

Additionally, this CCR™ designation will underscore your commitment to upholding the highest ethical standards and compliance best practices, providing you with a competitive edge in the market and solidifying your position as a trusted expert in the field of compliance and internal controls.

This Certified Compliance Risk and Internal Control Manager (CCR) program is a mark of distinction that signifies a fully qualified compliance professional with the expertise and skill set in managing compliance risk and internal controls framework. 

It is accredited by the Chartered Institute of Professional Certifications, which maintains the governing standards for all members. The CCR charter is a trademarked charter available only to professionals who have completed and passed this program. 

The certification is governed and maintained by Chartered Institute of Professional Certifications with over 90,000 members around the world. It is also endorsed by prominent associations and organizations worldwide.   

The content of this program has been fully certified and accredited by CPD as adhering to the highest standards of Continuing Professional Principles.

What Can You Expect From This Certified Program:

Failing to comply with laws, regulations, and internal policies is becoming more expensive for organizations worldwide, with non-compliance costs increasing by a substantial 45% in just two years. 

The situation is further exacerbated by economic crimes that have plagued a staggering 83% of organizations, with almost half of these crimes committed by internal actors, according to PwC.

 A solid compliance risk framework can be the saving grace by setting clear policies, assessing risks, and implementing effective controls to prevent non-compliance, avoid hefty fines and legal fees, safeguard reputation, and ensure long-term sustainability.

The Certified Compliance Risk and Internal Controls Program (CCR™) program will empower you with the ultimate solution to build and maintain a strong compliance culture within your organization. 

Through this program, you will be equipped with the latest and most effective strategies, such as the cutting-edge Compliance Risk Assessment Matrix (CRAM), to conduct a thorough compliance risk assessment. You will also learn how to interpret critical KPIs and KRIs used in compliance risk assessments, ensuring that your organization remains fully compliant at all times.

In addition, you will gain valuable insights into the importance of collaboration between business lines and compliance, and the need for a clear compliance mission statement. 

You will also develop a deep understanding of how to identify employee behaviors that may indicate compliance risk and effectively escalate compliance risk issues.

This program will also enhance your communication skills between compliance, risk management, and firm management, and provide you with the expertise to identify cybersecurity risks that may indicate potential fraud. 

By the end of the program, you will possess the necessary regulatory investigation and coordination skills to safeguard your organization from breaching legislation.

Upon completing the program and passing the Chartered exam, you will attain the coveted Certified Compliance Risk and Internal Control Manager (CCR™) designation. 

This highly respected and globally demanded credential is a testament to your ability to implement robust internal controls, navigate the ever-changing financial landscape, and adapt quickly to emerging risks and regulatory requirements. 

Additionally, this CCR™ designation will underscore your commitment to upholding the highest ethical standards and compliance best practices, providing you with a competitive edge in the market and solidifying your position as a trusted expert in the field of compliance and internal controls.

Globally demanded and recognized, this designation is an industry-recognized trademarked charter developed by the Chartered Institute of Professional Certifications and has lifelong validity. It is also fully accredited by CPD as adhering to the highest standards of Continuing Professional Development.

Modules:

• Module 1 - Course Introduction
• Module 2 - The Why Of Compliance And Internal Controls
• Module 3 - Is The Compliance Environment Working?
• Module 4 - Traditional Approaches (COSO)
• Module 5 - Traditional Approaches COSO And Enterprise Risk Management
• Module 6 - What's Missing In The Traditional Approaches
• Module 7 - A Culture Of Compliance
• Module 8 - Culture Of Learning & Compliance
• Module 9 - Checkpoint Recap
• Module 10 - Building The Effective Compliance Function (Part 1)
• Module 11 - Building The Effective Compliance Function (Part 2)
• Module 12 - Underlying Assumptions Of The BIS Principles For Effective Compliance
• Module 13 - Application Of BIS Principles In Case Study
• Module 14 - Eleven Principles & Best Practices
• Module 15 - The Makings Of An Effective Compliance Programme
• Module 16 - A Compliance Rubric: Applying A Hypothetical Compliance Function Model
• Module 17 - Reporting And Escalation
• Module 18 - Effective Compliance Communications
• Module 19 - Compliance Data And Risk Metrics
• Module 20 - Anti-Money Laundering And Anti-Financial Crime
• Module 21 - Cyber Security Compliance
• Examination

Chartered Exam:

• At the end of the program, there will be a Chartered exam comprised of 50 multiple choice questions. Upon passing the exam, you will be accredited with Certified Compliance Risk and Internal Control Manager (CCR™) designation.
• 98% of students who have taken this exam have passed the exam successfully. Almost all professionals who have taken our courses have passed this exam and attain their Certified Compliance Risk and Internal Control Manager (CCR™) designation.
• The exam has 50 multiple choice questions and you need to answer 25 out of 50 questions correctly to pass the exam.
• You can re-take the exam online as many times as you want, with no additional charges for retaking of exams.
• The program cost already includes the exam fees, so there are no additional charges for taking the exam.
• If you have challenges passing the exam, you can secure assistance from our team and faculty leader to help you pass the exam.