Build & Manage High Performing Risk Teams

Description

Part of The Fraud Practice’s Management Training Series, this course provides a detailed approach to managing fraud and security teams with examples and applications of two different ways of defining and describing how risk management is actually applied. This includes application of the four fundamental pillars of risk management as well as a four component effort and resource allocation plan for maintaing risk management strategies over the long-run.

This course was released in March, 2018. Offered in HTML5 and compatible with all mobile devices.

We Want 100% Satisfaction: There is nothing worse than signing up for training only to find out that it wasn’t on the topic you expected, or it wasn’t advanced enough to provide value. If you have any doubt about the fit of a course to your particular needs, please give us a call. We will be happy to discuss the course, and to provide a more detailed overview on the content to ensure you make the most of your training dollars and time.

Enrollment

• Course Access: Restricted – Your professional experience will be vetted before allowing full access. Please register your training account with your professional email to expedite the process.
• Course Availability: Online, In-House and Webinar
• Prerequisites: This is an advanced, management level course that assumes you are already well-versed in the foundations of risk management and understand types of fraud attacks (repeat fraud, morphing fraud, identity theft, account takeover) as well as many methods, techniques and tools for fraud detection and prevention.

The Fraud Practice’s Online Portal and Training Courses:

• Available On Demand 24×7
• Fast, Reliable Online Presentation
• SCORM Compliant
• Includes Course Syllabus
• Includes Course Lessons & Quizzes
• Includes Final Exam
• Course Completion Certificate

Key Concepts Covered

Mitigating fraud requires effective management of risk and security teams to keep pace with a dynamic and evolving set of challenges. This course lays the foundation of effective management and allocation of risk teams and resources to detect and prevent fraud. This includes the definition, discussion and application of the primary components that describe required risk management capabilities and the types of tasks or initiatives an organization needs to perform to maintain an effective risk management strategy and highly functioning risk and security teams.

Key Concepts Covered:

• Fraud Detection
• Fraud Attack Containment
• Tactical Risk Initiatives
• Strategic Risk Initiatives
• Four Pillars of Risk Management
• Risk Remediation
• Data Maturity
• 4 Component Allocation Plan

What to Expect

1. What are the four pillars of risk management and what are examples of each related to risk management tasks or activities?
2. What are the four components of on-going risk management and what is the proper allocation of effort towards each?
3. What do we mean by Evolution and Revolution with respect to risk management strategies and solutions?
4. What are five principles related to managing effective fraud and risk teams?
5. What are the levels of data maturity and how do we evaluate where our organization stands?

Expected time to complete training: 90-120 minutes (includes quizzes and exam)

Course Applicability:

• Payment Types: All
• Channels: Customer Not Present / eCommerce
• Regions: Global – North America, Europe, APAC, South America, Africa
• Level of Difficulty: Advanced

Training Objectives

1. Be able to discuss the four pillars of risk management as well as provide examples or discuss applications with regards to each.
2. Be able to discuss and define the fundamental components of effective risk management and organizing risk teams with speed to include the four component evaluation method defined in this course.
3. Understand multiple principles for effective team management and why they are critical.
4. Learn how to assess your organization’s level of data maturity.

Continuing Education Credit (CPE)

Taking this course provides 1 Fraud Related Continuing Professional Education (CPE) credit for maintaing CFE credentials with the Association of Certified Fraud Examiners (ACFE).

What People Say

“For a merchant starting business, if they know about these training programs it would save them a lot of trouble down the road. Unfortunately many don’t learn about fraud until it is too late.”

— B. Holmes, eCommerce Certified Fraud Professional

“The training program is fantastic. You don’t have to download anything, it runs quickly and easily right on your web browser. You can pause and go back to write down or review information, play and navigate through the lessons seamlessly.”

— E. Dietrich, VP Global Fraud Prevention Risk Services, ACI Worldwide

“With my experience I thought I would breeze through the training program with no problem, but I’m finding myself challenged in some aspects and learning things I haven’t seen before.”

— T. Hornbaker, eCommerce Certified Fraud Professional