eLearning module addressing these issues:

What does "Good" look like for BCBS 239?

Is your firm ready for the impact?

Are you personally aware and ready?

What are the principles of BCBS 239 and why are they relevant?

How does this data management regulation relate to other risk regulations?

How are leading banks addressing BCBS 239 and ensuring compliance?

What are the consequences of non-compliance?

This module is part of the EDMworks Regulatory Data Management Programme

So that you can get an idea for the feel and scope of the course, please feel free to take a look at the introductory module video below:

Completion of the course will provide the delegate with:

A summary of lessons learned from the financial crisis of 2007/8

A vision of "what good looks like"

An understanding of BCBS 239 principles

Key objectives to ensure world class governance

Understanding of how the banks are responding to BCBS 239

Clarity of my role as a connected member of the data provider/consumer community

A clear driven approach to raise and resolve critical data issues

Insight into fines, penalties and other consequences of non-compliance

The capability to work consistently within the governance framework to reduce risk and increase profitability

The course is structured into the following components:

One eLearning course segmented into three modules. The contents of the three modules are described in Course Contents below.

Each module consists of:

One eLearning self-paced interactive video

One downloadable pdf file containing the course slides

One downloadable voice transcript

One self-assessment test enabling the delegate to assess their understanding of the module

Duration and timing

Each module has an estimated duration of 15 minutes

The overall duration of the course is 45 minutes

On-line certification

This course contains an on-line certification that demonstrates delegates have demonstrated understanding of course content

Delegates can take the test at any time. One resit is allowed

The test consists of multiple choice, matching pair and true/false questions. Test questions are randomised

The test should take approximately 15 minutes. There is a time limit of 30 minutes

The delegate must answer all questions correctly

Self-assessments

There are self-assessments in each module that you can take as many times as you like

This is confidential and does not form part of your test score

On successful completion, a certificate is issued and an on-line record of achievement is maintained in our global register

Global availability

The course modules and certification test are globally available without restriction

They can be accessed 24*7

Costs

The cost of the course for one delegate is GBP 100.00 (plus VAT where applicable). 

Discounts for multiple purchases and corporate rates are available on request. Contact sales@edmworks.com for more information.

Pay by PAYPAL

Pay by INVOICE

If you would like to pay against an invoice then please email us with Purchase Order details at sales@edmworks.com 

This provides the delegate with:

The eLearning Course

A recognised certificate

An entry in the EDMworks Global Register

The option to make this record public for job requirements

Access to the EDMworks BCBS 239 user forum

Module 1: Introduction and background

Introduction

Background to BCBS 239 (Financial crash, G20 response, Basel III/CRR/CRD data intensive reporting and need for data quality/governance for own risk and systemic risk management)

How BCBS 239 aligns with other key drivers (good customer experience, need for greater efficiency etc.)

Box ticking compliance or fundamental change? Trust, Key Drivers and Core Values

What does ‘good’ look like?

End to end data entry, integration, storage, aggregation, analytics and reporting showing interactions and dependencies between Franchises and Functions

Example transactions showing flow of data through the bank

Issues affecting data flows/storage that impact quality of data and reports

Module 2: BCBS 239 Principles and their impact on the Bank

Key messages for delivery of risk management information

Senior management accountability and ownership for data

BCBS239 specific focus on risk data but general intention for underlying principles for all key data and appropriateness of information for management for risk judgement and general decision making

Explanation of four sections (and 14 principles) of BCBC 239 and RBS emphasis/interpretation

(Principles 1 - 2) Overarching Governance & Architecture

( 3 - 6) Risk data aggregation (accuracy, integrity, completeness, timeliness and adaptability)

( 7 -11) Risk Reporting (Accuracy, comprehensiveness, clarity and usefulness, frequency and distribution)

(12 - 14) Supervisory Review, Tools and Cooperation (Penalties and explanation for non-compliance)

Module 3: Your Banks’s approach to adoption of BCBS 239 principles

Chief Data Office, Data Management Policy, RDAR Policies & Programme

Data Governance and Risk Management joined-up organisation structure

Data ownership at the core of the new model

Franchise/Function governance organisation and issue management process describing bank wide approach to improving data and reporting quality

Data architecture, dictionaries, systems inventories and ownership

Trusted Sources for key data sets

Data quality management and remediation process

Implementation of principles in core values

Training for key staff and impacted staff

Explanation of actions that should be taken if a data issue is identified.

On-line assessment. Scenario based multiple choice and matching questions