The one-person Compliance function is a comparative rarity today. Most functions operate with a team of people in diverse locations. These teams need to be managed, motivated, independent, skilled and adequately resourced. They also need to ensure that they are tackling their raison d’être, namely the identification, management and measurement of Compliance Risk. This is a significant challenge for any Compliance Officer.

This module will demonstrate the approach required by senior Compliance Officers to run an effective function and show practical techniques for addressing Compliance Risk. Conflicts of Interest often emerge within a diverse function and can be an area in which Compliance Risk clearly manifests itself. This module addresses conflicts of interest and practical ways in which to manage them through a number of realistic and highly practical case studies. Working with conflicts and other advanced compliance issues requires negotiation and influencing skills. These are covered by placing them very firmly within the context of daily challenges of a senior Compliance Officer.