Advanced Sanctions Risks

The trainer, MBA FCCA, is an investment banking governance, audit, risk and compliance specialist who has extensive international experience. He holds an MBA from CASS Business School, London and is a Chartered Certified Accountant.

He worked for Price Waterhouse in Kingston, Jamaica prior to arriving in London just after Big Bang in 1986 and subsequently worked for a number of major institutions including Manufacturers Hanover Trust, Continental Bank, CIBC and ABN AMRO. His roles have included internal audit, product control, risk management and SOX.

In addition to gaining experience in the major global financial centres the above roles covered all aspects of regulation, governance and internal controls over the origination, sales and trading of a broad range of investment banking and capital market products. These products include credit trading and credit derivatives; asset securitisation and structured finance; foreign exchange and foreign exchange options; interest rate derivatives; commodities and treasury.

He has also served as a business manager where he played a leading role in the development and implementation of major strategic initiatives within global banking and markets. This was followed by the delivery of a training and cultural change programme in alignment with that strategy, across 50 countries.

The trainer currently focuses on delivering financial crime courses for major banks (HSBC, Soc Gen, RBS, Lloyds, Nordea and Handelsbanken) covering AML, Sanctions, Tax Evasion, Terrorist Financing Bribery & Corruption, as well as their related governance aspects. This delivery encompassed frontline staff and senior managers across global, private, corporate and retail banking in the UK, Europe, Asia, Middle East, Africa, US and the Americas.

He has also run train the trainer (TTT) courses and presented in front of US regulators. In addition, he delivers training programmes in Audit, Operational Risk, Treasury, Basel III, Liquidity Management, Capital Management and the Internal Capital Adequacy Assessment Process (ICAAP).

He has delivered over 150 courses online via WebEx and Zoom.

To assist participants in developing 

• Their understanding of the major US, EU & UK sanctions regimes and how they impact financial institutions, especially those in respect of Russia, Iran, North Korea, Syria, Cuba, Belarus & China
• A deeper understanding of the nature of sanctions regimes and the nature of sanctions risks exposures
• A deeper understanding of the way in which sanctions risk exposures arise and permeate business activities in financial institutions and their business relationships
• Their knowledge and awareness of some of the key sanctions risk management topics and issues that must be addressed within financial institutions
• Their understanding of the major challenges presented by sanction evasion techniques
• Their knowledge and awareness of best practices in deterring and detecting sanctions risk violations
• A greater awareness of their roles and responsibilities in respect of the management of sanctions risks

Our sanctions risk training is designed to provide:

• A very good overview and analysis of major Western sanctions regimes.
• An examination of sanctions risk exposures and how they might be properly assessed.
• Effective insights and approaches to best practices in the management and mitigation of sanctions risks exposures.
• Numerous case studies and exercises drawn directly from specific events, and institutional failures, and as such will be highly interactive.

The course is developed and delivered by a professional trainer with extensive experience in banking and the financial markets, as well as training financial crime in both wholesale and retail markets.

The course is suitable for staff in entities with sanctions risk exposures, including

• Banks, assets managers, hedge funds, brokers and other financial institutions with sanctions
  • Compliance, Audit, Legal and other Risk Professionals
  • Frontline Relationship Managers, Advisors, Salespersons and Traders making routine decisions on financing and investment on behalf of their customers and their firms
  • Customer Due Diligence, Transaction Processing, Operations and Administrators
• International Law Firms, Accountants, Real Estate Agents, Trust & Corporate Services
• Commodity Trading Firms
• Oil companies and Multinationals

The course is designed to improve participants’ awareness and knowledge of sanctions risks in financial and non-financial institutions. It focuses on some of the most significant control issues and how best to approach the development of a sanctions risk management framework. The course will be of significant benefit to sanctions specialists, financial crime specialists and other risk professionals, as well as executives and managers who have a responsibility for managing their organisation’s sanctions risk exposures.