Risk-based Audit Methodology

Objectives

Risk based Internal Auditing helps to prioritize often capacity - limited resources to reviewing and assessing the appropriateness, efficiency and effectiveness of controls that are intended to manage or control the more material risks the business faces.

Working in conjunction with the Risk Management and Compliance teams, risk based internal audit provides assurance to the Board and senior management that such risks are well controlled, or provides an early warning and escalation mechanism if they are not. In addition, risk based internal audits will also highlight instances where risks are being over controlled and consuming excessive resources.

The participants to these webinars will get acquainted with the key concepts of a risk-based audit methodology.

Target Group

Internal auditors (all levels), operational risk analysts, compliance officers, risks controllers, business controllers, Senior & Middle Level management officers who want to learn about cybersecurity from an audit perspective.

Preferred: at least 3 years’ experience in Audit and/or business control of bank’s processes, operations, procedures and organization.

Location & Duration

This content will be divided in 3 sessions of 3.5 hours each delivered via a virtual classroom.

Detailed programme