Online Professional Certificate in Banking Risk and Regulation

The role of risk management is becoming more important as both banks and supervisors around the world increasingly recognize that sound risk management practices are vital, not only for the success of individual banks, but also for the banking system as a whole. An important component of this journey towards becoming more risk aware, is education and training. The Professional Certificate in Banking Risk and Regulation is designed for individuals to develop their knowledge and understanding of the various risks, regulations and supervisory requirements a bank must face in today's environment. Those who work in banking, regulatory agencies, consulting firms, government bodies, central banks and academic institutions will all benefit from this certificate program.

Obtain the prestigious New York Institute of Finance Professional Certificate to help you meet your professional and personal goals. The Professional Certificate Programs are comprehensive in scope and offer you a wide variety of courses to choose from. In addition, you will receive CPE credits to insure you are keeping up to date with your professional requirements.

All courses must be completed within one year with a score of at least 70% in each module

Target Audience

Those who work in banking, regulatory agencies, consulting firms, government bodies, central banks and academic institutions will all benefit from this certificate program.

Learning Objectives

Students will be able to:

  • Understand The process of Money Laundering, measures against money laundering and initiatives taken by various organizations to combat terrorism
  • Comprehend the implications of offshore financial centers and non-cooperative countries on Money Laundering
  • Understand the implications and penalties for non-compliance with Anti-Money Laundering legislations
  • Understand Due diligence measures undertaken by financial institutions to deter money laundering and terrorist financing
  • Explain Regulations applicable to banks
  • Describe Certain Principles that are to be adopted by the private banks to guard against money laundering
  • Use ALM to meet regulatory/solvency/liquidity requirements
  • Control and diversify risk
  • Reduce mismatches
  • Establish strategic directions
  • Add value creation, Risk-adjusted Return on Capital (RAROC) and Capital Allocation
  • Understand Financial privacy regulation in the United States
  • Describe Persons/institutions required to comply, persons protected and the type of information protected under the regulation
  • Explain Restrictions on sharing of information
  • Understand Security guidelines
  • Describe Managerial responsibilities vis-à-vis requirements of privacy regulation
  • Identify and understand risks inherent in Banking
  • Develop a framework to mitigate risks in accordance with the guidlelines issued by the Basel
  • Understand Classification of Risks
  • Discuss the Regulatory Landscape
  • COSO and CobiT in Support of GRC Needs
  • Understanding how to Measure, Monitor and Control Liquidity
  • Compare the liquidity challenges of retail versus wholesale institutions
  • Evaluate various Contingency Funding Plans
  • ...and much more!

Course Syllabus

Anti Money Laundering

Topics covered include:
  • What is Money Laundering
  • International Initiatives
  • Customer Identification Program
  • Wolfsberg Principles on Correspondent Banking
  • Terrorist related money laundering
  • Know Your Customer (RBI Guidelines)
  • Legislations
  • Case studies

Duration: 8.5 hours

Asset Liability Management

Topics covered include:
  • Scope of ALM
  • Objectives of ALM
  • Growing Relevance of ALM
  • A Nine-part Framework for ALM
  • Strategies of ALM
  • Yield Curve Analysis
  • Interest Rate Gap Analysis
  • Simulation and Scenario Analysis
  • Duration
  • Strategies for Interest Risk Management
  • Basis Point Value
  • Convexity
  • Review of Statistical Concepts
  • Value at Risk
  • Application of Analytical Techniques

Duration: 37.5 hours

Financial Privacy

Topics covered include:
  • Financial Privacy Regulation
  • Privacy Notices and their Content
  • Exceptions to the Rules and Reuse of Information
  • Exam Procedures
  • Security Guidelines
  • Section 501-b of the GLB Act and the Management
  • Privacy Acts Regulations Policies

Duration: 6 hours

Global Banking Supervision

Topics covered include:
  • Core Principles and Methodology
  • Supervisory Self-Assessment
  • Corporate Governance in Banks
  • Internal Control Systems
  • Internal Audit in Banks
  • Supervisors and External Auditors
  • Operational Risk Management
  • Liquidity management
  • Credit Risk Management
  • Management of Settlement Risk in Foreign Exchange
  • Trading and Derivatives Activities
  • Risk Management Principles for e-banking
  • Loan Accounting and Disclosure
  • Highly Leveraged Institutions
  • Dealing with Weak Banks

Duration: 18.5 hours

Governance Risk and Compliance

Topics covered include:
  • Classification of Risks
  • Introduction to ERM and its Frameworks
  • Regulatory Landscape
  • Governance, Risk and Compliance - Demystified
  • COSO and CobiT in Support of GRC Needs
  • Operational Risk Management - Primer
  • GRC - Case Study

Duration: 7 hours

Liquidity Management & Contingency Funding Plan

Topics covered include:
  • Role of Liquidity in ALM
  • Liquidity Crises - Case studies
  • Liquidity Measurement Systems
  • Practical tools and techniques
  • Liquidity Strategies
  • Trading Liquidity Risk
  • Contingency Funding
  • Liquidity Disclosures
  • Liquidity Regulations
  • Benchmarking Data
  • Policy Templates
  • Measurement Tools
  • Global Best Practices

Duration: 20 hours


This New York Institute of Finance eLearning course is available 24 hours a day, 7 days a week and is designed so you can learn at your own pace - anytime and anywhere you access the Internet.


ICB Credits 9
CPE Credits 3
ACAMS Credits 3
ICPAS Credits 15
$1,260 USD
Duration 100 Hours
Advance Preparation
No advance preparation required.
This course has no prerequisites.
Instructional Method
Self-Study Online