Objectives:
Banks need to first effectively and efficiently identify the potential risks associated with each and every banking process and then measure the same. Every process, operation and service performed at the bank needs to run through the ‘X-Ray machine’ of the risk department so that every possible transactional risk becomes known. Doing so can mitigate risks well before they turn viral. A sophisticated core banking system with: adequate risk controls embedded within; the ability to churn out consolidated risk-data in reports showing deviation in any banking process from the prescribed norm; the ability to represent data such that it can be audited; the capability to supervise over and above human supervision with automated trigger mechanisms for highlighting deviations; the “four eyes” concept; proper access and transaction controls; and a proper rule based engine with process orientation is the answer.
Target group: Senior Officer and above
Contents:
- Chart of Accounts
- Multi Currency GL/Accounts
- Accounting rules set up
- Back Value Entry
- Ledger entries
- Monthly scheme products
- Time products
- All other deposits
- Demand Loan
- Term Loan
- SOD Loan/ Continuous Loan
- Trade finance
Duration: 05 days
