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Corporate Governance for Financial Institutions

An Interactive 5-Day Training Course

Corporate Governance for Financial Institutions

Fundamental Governance Roles and Crossroads of Risk Management, Compliance and Internal Audit

NASBA
Classroom Schedule
Date Venue Fees
23 - 27 Mar 2026 London $ 5,950
20 - 24 Jul 2026 Dubai $ 5,950
05 - 09 Oct 2026 Dubai $ 5,950
16 - 20 Nov 2026 London $ 5,950
22 - 26 Mar 2027 London $ 5,950

Course Summary

This Corporate Governance for Financial Institutions training course will explain Governance and its tools of Risk Management, Compliance and Internal Audit, its added value, the obstacles and how to implement it practically and successfully.

The content is designed not only to provide an all-round advanced level exposure to critical areas of GRC, but also to attain and improve the concepts, roles, tools, added value and functions of the Governance environment tools within an organization such as Risk Management, Compliance and Internal Audit in order to achieve cooperation among these functions and improve their process and harmony. 

This GLOMACS training course will highlight:

  • Fundamental concepts of corporate governance, its guiding principles and content elements
  • The relationship among risk management, internal audit, and compliance
  • Risk assessment, assimilate risk taxonomies and its classification
  • Compliance new approach, risk-based compliance as well as the internal audit new approach: risk-based approach
  • The necessary components to help your organization become a principled performer
Course Outline
Day 1

Corporate Governance: What is it exactly? How to enforce it practically?

  • Definition, concept, rules, principles and added value
  • Barriers / obstacles that prevent full implementation of corporate governance
  • External & internal parties involved in governance process
  • Difference between executive and non-executive board members
  • Board committee: roles and responsibilities
  • Role of audit committee / risk management committee / remuneration committee
  • Understanding environmental, social, and governance (ESG) and its importance
  • Board models: passive board, certifying board, engaged board, intervening board and operating board
Day 2

Risks of Poor Governance Boards & Poor Strategic Thinking and Planning

  • Role and responsibilities of strategic boards and strategic members
  • Role of strategic planning and thinking in driving organization's sustainable growth for within the context of sustainable development
  • Developing strategic planning culture is required to uphold organizations’ growth
  • Connecting challenges with strategic objectives
  • Digesting strategy's berries to ensure success

Risk Management, Compliance & Internal Audit Triangle

  • The fundamental differences and importance of its convergence
  • Overlapping: healthy or wasteful?
  • Cooperation & collaboration among these functions
  • Implications for the audit and governance arrangements
  • Implications for the risk management and risk appetite measures
  • Implications for the compliance and regulators requirements

 

Day 3

Risk-Based Internal Audit

  • What is risk-based internal auditing approach?
  • The transition from system-based to risk-based internal auditing
  • Risk-based audit methodology
  • Audit the control environment
  • Determination of internal auditing universe
  • Risk mapping / risk registration
  • Developing internal auditing plan to be approved by audit committee

Risk-Based Compliance

  • Definition, responsibilities, and goals of compliance
  • What is risk-based compliance approach?
  • What is the right profile of the chief compliance officer?
  • Money laundering threats and methods
  • Terrorist financing threats and methods
  • What is fraud? The fraud triangle & the fraud diamond
  • Behavioral red flags of perpetrators
  • Fraud risk factors: why people commit fraud?

 

Day 4

Risk Management: Risk Catalog & Risk Taxonomies

  • What is Enterprise Risk Management? Its universe, framework & fundamental concepts
  • Risk control self-assessment, key risk indicators & key performance indicators (KPI)
  • Business continuity plan vs. disaster recovery plan
  • Identifying credit risks / identifying financial risks
  • Identifying operational risks / identifying reputational risks
  • Identifying legal risks / identifying non-compliance risks
  • Identifying political risks / sovereign risks / country risks
  • Identifying ethical risks / fraudulent risks / criminal risks
Day 5

Identifying Risks and How to Mitigate It?

  • Risk taxonomies and organizational classification of risks

Board’s Role in the Crisis Management and Beyond

  • Board’s role during a crisis
  • Crisis management plans
  • Business lessons learned by leaders during crisis
  • Financial lessons learned from a pandemic
  • Role of the board and audit committee at time of pandemic

 

Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

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Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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