Identification of a risk is vital but what is more crucial is the ability to assess the risk and incorporate mitigating controls in place to manage the risk. Sigma Risk prides in its capabilities to offer bespoke financial crime risk management services to our clients across the globe. We hold extensive experience in design and delivery of financial crime compliance training, development of financial crime risk assessment methodologies, drafting and review of financial crime compliance polocies and procedures and trade finance technical advisory services.
MASTERCLASSES
Sigma Risk Masterclasses are intensive full day training sessions facilitated by subject matter experts holding superior industry experience as practitioners as well as proven history in designing & delivering financial crime compliance training across the globe.
Sigma Risk Masterclasses are designed to ensure that participants gain invaluable theoretical knowledge, receive real-life examples, interactive case studies and very engaging discussion session throughout the class.
Facilitated by internationally recognised training faculty holding substantial experience in delivering training masterclasses to audience including members of central banks, global financial institution, law enforcement agencies, financial regulators, gaming sector and multinational corporates operating around the world.
TBML Risk Assessment Masterclass
Highly recommend the session due to the hands-on approach applied by the presenter. The presenter is also experienced in this field and gave practical examples to make the session interactive and interesting as possible.
TBML Risk Assessment Masterclass
It was an engaging session, revealing and an eye opener. I also like the fact that, real life and most current related scenarios were used to make the subject easy to assimilate. As an Internal Control and Compliance Officer, I now know what to look out for during review of Trade and Import duty transactions.
Anti-Money Laundering Risk Assessment Masterclass
This masterclass will help me during the compliance visits with financial crime compliance as one of the objectives. What I really like about this masterclass is the use of real life examples especially when explaining a terminology.
TBML Risk Assessment Masterclass
In a very simple language the facilitator was able to explain very complex aspects of the TBML
TBML Risk Assessment Masterclass
Really liked the interaction, methodology and case studies utilised in this Masterclass. This training will help me to enhance that procedures I need to put in place for the Compliance department, but also for those applied by the Ops department which are designed by the Compliance department
Sanctions Risk Assessment Masterclass
Masterclass covered all areas that are specific to my role. Gave me a greater understanding of sanctions and gave real life scenarios and previous examples that gave a picture of the theory of sanctions in action.
Correspondent Banking Risk Assessment Masterclass
The course was well prepared and provide us with an depth knowledge. The Masterclass enhanced our knowledge in the respective area.
Correspondent Banking Risk Assessment Masterclass
Speakers were very knowledgeable and open to questions even throughout the class, which was beneficial. It has given me much better insight on the KYC due diligence process, which is of great help for me.
MASTERCLASSES
Sigma Risk Masterclasses are intensive full day training sessions facilitated by subject matter experts holding superior industry experience as practitioners as well as proven history in designing & delivering financial crime compliance training across the globe.
Sigma Risk Masterclasses are designed to ensure that participants gain invaluable theoretical knowledge, receive real-life examples, interactive case studies and very engaging discussion session throughout the class.
Facilitated by internationally recognised training faculty holding substantial experience in delivering training masterclasses to audience including members of central banks, global financial institution, law enforcement agencies, financial regulators, gaming sector and multinational corporates operating around the world.
• Understand applicable regulations
• Third party risk assessment
• Managing conflict of intrest
• Identify key AML risks
• Conduct AML risk assessment
• Build a robust methodology
- Correct level of due diligence
- Identification and verification
- Corroboration of source of wealth
- Learn about complexity & reliance
- Downstream banking and nesting
- Respondent risk assessment
- Preventing & recovering from a cyber attack
- Identify key threat actors
- Understand different types of cyber attacks
- Understand the risks in gaming
- Applicable regulatory requirements
- Proportionate risk assessment
• Understanding digital currencies
• Corroboration of SOF/SOW
• Financial crime risks
- Law enforcement collaboration
- Asset tracking and confiscation
- Suspicion activity reporting
- Recognize key sanctions regimes
- Establish screening & monitoring
- Escalations & reporting
- Attractiveness to Criminals
- Discover emerging typologies
- Identify red flags and warning signs
• Understand applicable regulations
• Third party risk assessment
• Managing conflict of intrest
• Identify key AML risks
• Conduct AML risk assessment
• Build a robust methodology
- Correct level of due diligence
- Identification and verification
- Corroboration of source of wealth
- Learn about complexity & reliance
- Downstream banking and nesting
- Respondent risk assessment
- Preventing & recovering from a cyber attack
- Identify key threat actors
- Understand different types of cyber attacks
- Understand the risks in gaming
- Applicable regulatory requirements
- Proportionate risk assessment
• Understanding digital currencies
• Corroboration of SOF/SOW
• Financial crime risks
- Law enforcement collaboration
- Asset tracking and confiscation
- Suspicion activity reporting
- Recognize key sanctions regimes
- Establish screening & monitoring
- Escalations & reporting
- Attractiveness to Criminals
- Discover emerging typologies
- Identify red flags and warning signs
Sigma AML Risk Calculator (SARC)
Fundamental to an effective risk assessment is ability to translate risk parameters into an accurate risk profile of a client, failure to correctly risk rate may result in application of incorrect level of due diligence, inaccurate periodic review cycle, inadequate transactions monitoring, insufficient ID&V as well as risk to breaching regulatory requirements leading to possible financial penalties, expensive remediations and threat to even lose license to operate.
SARC utilises sophisticated algorithms translating client data into meaningful information eliminating the risks associated with lack of knowledge, human error and need for manual updates. Supported by APIs, SARC offers real time sanctions, PEP and adverse media screening capabilities to ensure compliance with regulatory requirements.
Sigma AML Risk Calculator
Fundamental to an effective risk assessment is ability to translate risk parameters into an accurate risk profile of a client, failure to correctly risk rate may result in application of incorrect level of due diligence, inaccurate periodic review cycle, inadequate transactions monitoring, insufficient ID&V as well as risk to breaching regulatory requirements leading to possible financial penalties, expensive remediations and threat to even lose license to operate.
SARC utilises sophisticated algorithms translating client data into meaningful information eliminating the risks associated with lack of knowledge, human error and need for manual updates. Supported by APIs, SARC offers real time sanctions, PEP and adverse media screening capabilities to ensure compliance with regulatory requirements.
ICA & ICTTF Professional Qualifications
Sigma Risk has partnered with International Compliance Association (ICA) and International Cyber Threat Taskforce (ICTTF) in delivering professional ICA and ICTTF qualifications around the world on special regional discounted prices in line with the economic demographics to ensure professional certifications are affordable for compliance community on discounted rates as well as through monthly instalments option.
Please contact us to discuss how Sigma Risk can assist in offering special regional prices, discounts on group enrolments and spreading the cost of qualifications over a period of time.
