Artificial Intelligence for Senior Management & the Board
Overview
The ever-increasing capabilities of artificial intelligence (AI) have the potential to revolutionise the financial services sector. However, the speed at which AI has become embedded in day-to-day business activities has brought with it a series of risks, as well as challenges for effective governance.
This concise and highly interactive non-technical briefing considers the ways in which AI is being used within firms and the associated risks. It outlines the evolving regulatory framework, and explores how senior management can ensure robust and effective governance and oversight of their firm’s use of AI.
Who is this for?
This course would be suitable for Senior Management and The Board.
Learning Outcomes
After attending this session, participants will be able to:
- Explain the meaning of key terms relating to AI
- Explain the benefits of using AI, as well as the principal risks, including criminal use of AI
- Describe the evolving regulatory environment around AI
- Explain the role of senior management in providing effective governance and oversight of AI within the firm
Course Details
Introduction
- The potential of AI: positive and negative
- Definitions
AI in Practice
- Embedded AI
- Criminal use of AI
- How is the firm using AI?
- Principal risks
- Transparency and ‘shadow’ use of AI
- Errors and over-reliance
- Data protection and confidentiality
- Operational resilience
AI and Regulation
- The evolving regulatory framework for AI
Governance of AI
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- The challenge of accountability
Delivery
Firms with more than 5 staff to train have the flexibility to deliver training in-person by one of our trainers at your premises, or virtually via Zoom, Teams or Webex.
Find out more about your Virtual or In-Person training experience below.
Virtual Delivery
Our virtual training courses are designed to be every bit as engaging as our in-person courses. To achieve this, our trainers use market-leading technology and a range of training techniques to ensure high levels of interaction with participants. Courses include the use of:
- Virtual ‘break-out’ rooms: participants are divided into virtual rooms to facilitate small group discussion.
- Polling: multiple-choice questions, answered anonymously, allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to highlight the practical application of theoretical knowledge.
- Messaging: participants can submit questions and comments, either to the whole group or privately to the trainer.
Additional Benefits:
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Recording: public course participants have the option to access a recording of the course for one month after the course. In-House clients also have the option to record their training for an additional fee.
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On-going Q&A: public course participants can access an ongoing Q&A facility allowing them to ask questions relating to the course.
In-Person Delivery
Our in-person training is delivered face to face at your offices, and includes:
- ‘In-the-moment’ questions & discussions: questions through conversations allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to explore practical application of theoretical knowledge.
- Q&A: participants can ask questions during training, either to the whole group or privately to the trainer.