Global Markets & Time Zones
CPEs: 24
Instructor: Dennis Cox
Level: Intermediate
Tuition: £2,995.00
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NEW Fraud Risk Management and Data Mining – Implementing Practical Solutions and Approaches FC024N

Location: Global Markets & Time Zones

Duration: 3 days

Programme Director: Dennis Cox FCSI FRISM FCA AIIA Author, The International Handbook of Money Laundering Deterrence

All Dates & Locations
Venue Details

Experience the highly-interactive expert-led social learning through Virtual Classroom via Cisco WebEx from Risk Reward.

All our 2024 Live, onsite and Virtual Classroom events feature shared (or discrete) live chat between delegates and the expert, participate in topical surveys, polling questions, group exercises and case studies for a tried -and- true engaging and gratifying learning experience.

Need to bring this course in-house, 1:1 at your location anywhere worldwide? Simply contact us for significant cost savings and dates to meet your specific requirements.

"‘The instructor is very knowledgeable and gave out real cases which helped to understand fraud.’"
Senior Audit Manager, Citibank, Taiwan
Agenda Highlights

Session 1: Fraud – Appetite, Risk and Culture

Session 2: Lessons from Frauds

Session 3: Fraud Detection and Controls

Session 4: Data Analytics

Session 5: Types of Fraud Data Analysis

Session 6: Specific Applications

Session 7: Fraud Response Planning

Session 8: Preparing the Plan

"Excellent. Very comprehensive and provided abundant financial crime prevention knowledge. Every topic is providing us with great value."
Senior Internal Auditor, HSBC, Taiwan

Fraud is an ever-present risk and one that is notoriously hard for management to mitigate and control effectively. In this practical seminar we will discuss and evaluate both the internal and the external fraud risks that are currently faced by companies.

Delegates will learn the key elements of a fraud data management program, methodologies to be adopted, the approaches used by those who would do harm to your firm and society at large, and focus on the warning signs that signal the need for more in-depth work and/or a full blown

Key areas of business vulnerability will also be examined, and the application of risk-based approaches explored in detail.

"Good course. Gave us just what we asked for and more."
Senior Internal Auditor, Telecoms Company, Netherlands
Who Should Attend

This program is designed for Fraud Risk Managers, Group Security Executives, Financial Control and Operations staff within corporations, and recent course delegates have included bank internal auditors, asset managers and risk managers from insurance companies.

Additional Course Information

What Does It Cover?

How to best apply data mining techniques to fraud risk management?

We will consider which are the best approaches and what they can realistically achieve.

The course will also address what to do with information received and how to investigate concerns.

Delegates will get practical tips on what to look for and how to develop a risk-based fraud prevention, detection and monitoring program.

Learning Objectives

All delegates completing the course will receive a CPD accredited Certificate in Fraud Risk Management & Data Mining.

Delegates will learn about and understand current best practice in fraud risk management and applicable data mining techniques with a focus on

• The key elements of a fraud deterrence risk management structure
• How to develop and implement a structure regarding warning signs
• How to implement fraud data mining
• The limitations of fraud data mining
• How to investigate incidents

Delegates who complete the course will receive a Certificate with equivalent CPD/CPE credits via email; and for those who require an assessment as a demonstration of competency via training a 20 multiple-choice questions and answers quiz, remotely invigilated with results report and 1 resit, is available at no additional charge when requested at time of reservation.


Social Learning & Methods

Highly interactive expert-led intensive presentation, Q&A, group real-time in-depth case studies, regulation and discussion supported by key principles and theory. The virtual learning platform uses safe, industry preferred encrypted Cisco WebEx to optimize live face-to-face visual interaction, discrete chat, for polling and quizzes. (An invitation via email with access link is included for all participants.)


NEW Fraud Risk Management and Data Mining – Implementing Practical Solutions and Approaches

Course Fee

Apply 10% discount code RISK10 by December 15, 2023 at check-out

Course Fee (per person):
GBP £2,995.00 (+ UK VAT when applicable)

Number of delegates:

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