Managing Risk Teams to Deliver with Speed

Description

Part of The Fraud Practice’s Management Training Series, this course defines and discusses the application of a methodology for managing risk in the near-, medium- and long-term by balancing different fraud and risk management initiatives. This methodology enables risk teams to respond with promptly while continuing to manage longer-term goals.

This course was released in March, 2018. HTML5 – compatible with all browsers and 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: 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, Webinar

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 offer or include:

• On-Demand Availability, 24×7
• Fast, Reliable Online Presentation
• SCORM Compliant Lessons
• A Course Syllabus
• Continuing Education Credits
• Multiple Lessons & Quizzes
• A Final Exam
• Course Completion Certificate

Key Concepts Covered

The term Speed in the context of this training course refers to how adaptive an organization can be and how quickly they can respond to detect the need for and then implement fraud and risk management updates to respond to changes in fraud and user patterns. This course defines and discusses the application of an approach that balances the need to apply first-aid and make immediate changes in response to fraud attacks or patterns, as well as maintain a long-term strategic plan to maintain a risk management strategy and solution that keeps pace with the dynamic and quickly-evolving nature of eCommerce and digital payment fraud risk management.

Key Concepts Covered:

• Evolution vs. Revolution
• Tactical Risk Initiatives
• Strategic Risk Initiatives
• Tech Debt
• Being Adaptive and Agile
• First-Aid vs. Surgery
• Allocation of Time & Resources
• 4 Component Evaluation Plan

What to Expect

1. Why doesn’t technology solve everything and why is active fraud and risk management necessary for many organizations?
2. What are the four components of on-going risk management and what is the proper allocation of effort towards each?
3. What happens when there is too much emphasis on any one component and other parts are neglected?
4. What are some principles related to leadership, delegation and meetings that are pertinent to maintain quickly adaptive teams?

Expected time to complete training: 120-150 minutes (includes quizzes and exam)

Course Applicability:

• Payment Types: All
• Channels: eCommerce, Mobile Commerce
• Regions: Global
• Level of Difficulty: Advanced

Training Objectives

1. 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.
2. Understand the foundation of effective risk management and balancing the allocation of time and resources to each type of task or initiative.
3. Become prepared to lead and organize teams and resources to provide continued uplift and maintain fraud prevention strategies that keep pace with fraud.

Continuing Education Credits (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