Partner, Internal Audit, Risk & Compliance KPMG Lower Gulf Limited. Those managing risks for private corporations are paid a higher average salary of $216,000 annually. Meet some of the members around the world who make ISACA, well, ISACA. Enterprise Risk Management Committee of Casualty Actuarial Society. He has delivered training programmes to over 25,000 students and delegates from over 3,500 organisations around the world during his twenty five years as an upskilling specialist. Before serving at ADIB, Mr. Mohamed has joined KPMG-Hazem Hassan as a Senior Audit Manager (Financial Sector and Contracting). Together, they develop guidance documents to aid organizations with risk assessment, internal controls and fraud prevention. We are all of you! Fady is a seasoned Risk advisory professional, with over 12 years of experience across UAE and the GCC region in areas related to Risk Advisory Services focusing on Enterprise Risk Management, in his role as an Associate Director in Protiviti (Middle East) practice, Fady has lead teams of risk advisory professionals to help his clients in various industries through providing a wide array of solutions falling under Enterprise Risk Management (ERM), including maturity assessments, ERM program activation, developing ERM frameworks and governance models, Risk appetite setting and creating automated dashboards for continuous monitoring of risk management activities. Beyond certificates, ISACA also offers globally recognized CISA, CRISC, CISM, CGEIT and CSX-P certifications that affirm holders to be among the most qualified information systems and cybersecurity professionals in the world. There's a lot written on this topic, so we will look at some key areas (and pitfalls) to help you laser in on the truth remotely. But the demand was still low in the CRO position. This is in addition to support the third sector and mega events. His experience and expertise stem from a strong foundation in data analytics, programming and technology. In this role he leads projects in cyber security, data privacy, data management and business continuity management across many industries. Craig Pedersen, CFE Alvarez & Marsal, Managing Director. He has led efforts on building the IA data analytics team at GRCS as well as K-RISSE (KPMG Risk Integrated Strategy Simulated Enabler) Framework Model which integrates and transforms ERM from siloed risk driven approach to a holistic risk management program. Fadi has a significant involvement in developing the ESG/Sustainability agenda in the MENA region via supporting both of public and private sectors in this area for the last 14 years. CPE: 1.5 | Ethics CPE: No Session Level: Overview No one specifically takes responsibility for aspects like the overall risk reporting or other risk-related unit supplies. Jethro Cornelissen, CFE, CISSP, ISSMP, Ron Van Amsterdam, CFE. He and his team of 60 bright, enthusiastic and techno-functional resources provide assurance and audit services around technology & digital risks affecting financial statements and business operations. Field of Study: Specialized Knowledge ISACA membership offers you FREE or discounted access to new knowledge, tools and training. Giridhar has contributed in various ERP integrity, application controls review and information systems audit related engagements in the banking / finance, manufacturing, industrial, insurance and oil / gas industries. objective than simply striving to eliminate risk altogether. Session Level: Overview ISO 31000:2009 Governance and Culture establishes organizational processes and defines desired cultures to measure and He has managed a portfolio of finance process outsourcing contracts with clients in various industries including: Telecommunications, Manufacturing, Media and Trading. Recommended Prerequisite: None And it is for good reason that optimizing risk is a far more valuable Typically, the CRO is responsible for the firm's risk management operations, including managing, identifying, evaluating, reporting and overseeing the firm's risks externally and internally to the organization and works diligently with senior management such as chief executive officer and chief financial officer. Jaap has more than 25 years of Consulting and Private Equity experience in Europe, Asia and the Middle East. Hamdan Hamdan, is an Associate Director for KPMG across the Lower Gulf, with 11 years of big four experience and has worked on many of the regions most pre-eminent investigation and dispute cases. Simon is a specialist in the prevention and detection of fraud and serious non-compliance, with a unique background as an accountant, lawyer, federal agent (police detective) and senior executive in government. Session Level: Advanced COSO) for enterprise risk management (ERM), the Risk Management Societys Data of the risk model are often created by finance and their outcomes exert influence on the financial reporting. Semih is a strong advocate of emerging technologies and digitalization, remains actively involved in discussions around the early adaptation of these technologies and aspires to inspire others to improve their knowledge, he is delivering Keynote sessions in international conferences like LEAP, GITEX Technology Week, GISEC, FinTech Surge, AI Masters, Strata Data Conference, Telco AI Summit, World Class IT Transformation and Artificial Intelligence to increase the awareness of senior executives on these topics. Paritosh is our National Leader for Blockchain. He contributed significantly for the awareness of KPMG brand in Iraq and the services KPMG can provide in Technology, Organizational Development and Restructuring, Feasibility Studies, Public Sector Transformation, Public Private Partnerships, etc. Session Level: Basic CPE: 1.5 | Ethics CPE: No In Enterprise Risk Management (pp. The CRO communicateS the firm's risk profile to the key stakeholders such as the CEO, the board of directors and business partners. WebRisk capital is funds invested speculatively in a business, typically a startup . Cognition would welcome the opportunity to attend any future UAE IAA Conference. Practical information to help you fight fraud. Whether you're conducting investigations, audits, risk assessments or training, you need to know what people think and feel but might not say. The objective of any fraud report is to provide investigative information on possible fraudulent activities. Digital Training Manager, PwC Academy Middle East. Commission ( The massive influx of loan applications coupled with a need for quick approval meant loans were approved with less scrutiny and fewer controls. Session Level: Advanced Two perspectives on how to use COBIT 5 in a risk context are shown in The conference maintained a high standard of professionalism. For the past 17 years, she paralleled her executive role by having served as a non-executive director of both public and private sector entities. COBIT 5 considers governance and management of risk as part of the overall governance and management It shows Outside of the Middle East he has worked or studied in Europe, the United States, Russia, China, Hong Kong and Singapore. Validate your expertise and experience. Recommended Prerequisite: Basic knowledge of crypto and non-fungible tokens COBIT 5 for Risk CPE: 1.5 | Ethics CPE: No Framework principles fall within each component of the COSO cube: five principles for the control environment, four for risk assessment, three for control activities, three for information and communication, and the last two for monitoring activities. With more than six years board of governance experience of the Institute of Internal Auditors UAE Association, and have chaired many several committees part of the board of the governance and of the international audit conference. to respond to and mitigate risk. CPE: 1.5 | Ethics CPE: No Reprinted with permission. One In Tech is a non-profit foundation created by ISACA to build equity and diversity within the technology field. In the past few years, we have seen fraud cases where the schemes take months or years to implement with no expectation of an immediate payoff, as if there is no pressure, but rather an orchestrated strategy being implemented and played out. Data analytics is often the catalyst for successful healthcare fraud investigations. CPE: 1.0 | Ethics CPE: No Control activities are the preventative and detective policies, procedures and standards that aid management in mitigating risks. I was a keynote speaker at the 10th Annual Conference of the UAE Internal Auditors Association Conference in Dubai that took place from November 16-18, 2021. Mohammad is joining us from KPMG Jordan where he spent his last 10 years after serving KPMG across the middle east including, Lebanon, Iraq, UAE, Kuwait, Qatar and Bahrain. In general, the CRO has many crucial tasks to look for in any organization to better serve its needs and mitigate its risk. In this session, Michael Lewis will be joining us virtually. CPE: 1.5 | Ethics CPE: No The COSO ERM framework focuses on embedding risk into all organizational decisions. Session Level: Intermediate Address investigations related to conflicts of interest and conflicts of commitment, Develop a mental road map of the key issues to better focus efforts in this area, Recognize the parallel and often overlapping issues of the alleged conflicted activity itself as well as disclosure obligations, Create mental triggers to improve ethical outcomes, Determine how perception affects decision-making, Evaluate methods to mitigate the negative effects of power and myopic vision, Identify the effects of abstraction on risk assessment and mitigation, Generate different perspectives and frames to improve objectivity, Explore best practices in audits and fraud investigations for data collection when dealing with a deceased custodian, Identify who owns the data and potential legal gray areas when accessing cloud accounts and social media, Navigate the trend toward digital legacy plans and what that can mean for your investigation, including who controls the data, Consider digital data storage for not just for years or decades, but for hundreds or thousands of years, Determine how data can tell you whats wrong in an organization, Apply change management in technology-led programs, Examine real-world use cases of successful implementations of artificial intelligence, Apply the ethical standard of objectivity, Apply basic data analytics concepts to a real-world experience, Identify the roles and responsibilities of in-house corporate investigations teams, compliance program managers, and external consultants, Examine a variety of different career trajectories that can lead to a fulfilling career in financial misconduct investigation/prevention and risk management, Identify critical skills that anti-fraud professionals should consider acquiring to maximize their career opportunities, Identify what the new, improved FRMG will contain, Recognize how a comprehensive governance process needs to integrate internal control, enterprise risk management and fraud risk management, Navigate an in-depth look at the fraud risk assessment process, Assess how ACFE's fraud risk management tools can be used in support of fraud risk management, Recognize relevant elements of Ponzi schemes in recent history, including size, length and frequency, Compare outcomes of Ponzi cases regarding amounts stolen or misappropriated, amounts returned to investors and costs to receivers or bankruptcy trustees, Identify governing legal theories and financial methodologies involved with winding down Ponzi businesses, Implement best practices for identifying potential Ponzi schemes, Recall India-based call center scams and their U.S.-based money laundering networks, Recognize the various scripts and methodologies in use by the scammers to target vulnerable victims, Assess hawala and its use in money laundering crimes, Determine ways to educate the public about these scams and basic skills for identifying victims and intervening on their behalf, Anticipate problems and prevent them from being a threat to the investigation, Define the objectives of an investigation and focus your efforts on achieving them, Lead an investigation team when the going is really tough, Identify cannabis-industry abnormalities by using ratio analysis to highlight red flags, Examine sources and uses of cash to determine business viability based on available information, Identify common accounting errors and limitations including aggressive tax positions taken and how those numbers might impact future cash flow, Apply a toolbox of best practices to spot and identify potential issues, Anticipate problems and objections in your work, Manage quality control, troubleshooting discrepancies and validating data, Document and preserve communications for the record, Identify the top cybersecurity trends, including risks, Compare tools and templates available for conducting a cybersecurity audit, Apply practical lessons learned from case studies, Identify core concepts in the crypto space, Anticipate the inevitability of change and how to adapt to it, Determine how NFTs can benefit and uplift communities, Examine whether there is still room for the tried and trusted in risk management, Examine truths and myths around cryptocurrencies and financial crime, Apply best practices for creating and implementing anti-money laundering (AML) compliance programs, including tracking transactions, identifying fraud and mitigating emerging risks, Navigate and decode the global regulatory landscape for digital currencies (such as bitcoin), Identify schemes in behavioral health, specific to Applied Behavior Analysis, Observe examples of documentation flaws, concerns, and areas for improvement, Differentiate between the concepts of ethics and compliance in the context of anti-fraud programs, Recognize challenges in maintaining compliance while also promoting an ethical culture, Identify opportunities for fraud examiners to strengthen the compliance and ethical aspects of their organizations anti-fraud programs, Recognize the scope, common methods and targets of a BEC attack, Identify commonly seen indicators of a BEC attack, Assist a client with reporting a BEC attack and mitigating its financial damage, Assist a client with kicking out the attackers and hardening their systems from future attack, Recognize key trends focused on account opening and onboarding fraud, Determine how behavioral biometrics plays an important role in identifying genuine account activity, Recognize inherent behaviors associated with genuine users that change as they age, Recount how the pandemic forced a change in how we conduct interviews, Identify the phases of the PEACE interviewing method, Assess the benefits and challenges of conducting virtual interviews, Identify the benefits of cross-border fraud management, Assess how a maturity model can facilitate improvements to your anti-fraud program, Appreciate the importance of a strong fraud framework across first and second lines of defense, Recognize the impact of proper fraud data management in convincing senior management, Determine why measuring an organizations culture helps ensure an effective compliance program, Measure organizational culture and apply best practices, Identify behavioral red flags of executives potentially committing fraud, Discern how culture, language and psychology play a role in understanding culture and behavior, Identify what and how evidence should be evaluated when investigating versus defending an individual executive, Identify how fraudsters can utilize emerging technology to commit a fraud, Recognize the need for technical specialists during a fraud examination, Assess new skills required to manage a techno-crime investigations team, Identify the types of scenarios that are used in the practice of fraud detection, Define value-, volume- and velocity-based fraud detection scenarios, Recognize important factors in building fraud detection scenarios to fit your organizations fraud detection mission, Recognize considerations for testing and tuning fraud detection scenarios, 24/7 access to courses through your Internet browser, Save time and quickly earn CPE credits with instant access, grading and printable certificate, The flexibility to start or stop a course and pick-up right where you left off, Internet access: High-speed connection recommended. 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