NAIROBI • MOMBASA • KIGALI • KAMPALA • ZANZIBAR • LUSAKA • LAGOS • DUBAI Training Catalogue 2018
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
1
2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
N A I R O B I • M O M B A S A • K I G A L I • K A M P A L A • Z A N Z I B A R • L U S A K A • L A G O S • D U B A I
TrainingCatalogue2018
01 MESSAGE FROM THE MANAGING DIRECTOR 4
02 2017-2018 FACT SHEET 6
| WHY TRAIN WITH US? 9
| OUR TRAINING METHODOLOGY 9
| CERTIFICATION PROGRAMS 10
• GARP PROGRAMS 10
• CISI PROGRAMS 11
| CISI QUALIFICATION PATHWAYS 18
| ARI CERTIFICATION PROGRAM 23
03 SOME OF OUR SATISFIED CLIENTS 26
04 TESTIMONIALS 28
05 PHOTO GALLERY 30
Table ofContents
5
2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
2017 has been an eventful in the region. Rwanda and Kenya were holding their elections in the same month – August. Whereas Rwandans elected their President in round one, the outcome of the Kenyan Presidential elections were disputed and the Supreme Court ordered a re-run. This was a landmark ruling as it showed that the constitutional separation of powers between the Executive, Judiciary and Parliament is real and effective. However, the manner in which the election management body handled the elections has left question marks on its risk management framework which requires an urgent review.
Other than elections, this was also the year that the effects of the law that capped Interest rates in Kenya (at a maximum of 4% above the benchmark CBR rate and deposits at a minimum of 70% of the CBR Rate) began to bite. As a result, a good number of banks posted losses or a dip in profits for the first time in their history. In an effort to insulate profit margins, banks have had to lay off staff, close branches, and scale down their lending operations. Access to finance, particularly to SMEs has been severely affected. Banks are now actively re-engineering their business models in attempt to become nimble through digital platforms (either owned or in partnership with Fintechs). These strategies have the potential to increase of cybercrimes and ICT related fraud. However, the upside is that banks will reduce overall costs, become more efficient and profitable. There is need for revision of the risk management frameworks for Banks coupled with training of the employees on the ‘new normal’
A moot initiative sponsored by FSD-Africa to develop an industry-wide training in Risk Management has taken off. The need for this intervention arose from a market scoping study to assess the demand for risk management training by banks carried out by IPC (Internationale Projekt Consult GmbH) from Germany that identified, among others, a dire need for a structured training program addressing the needs of new entrants into the industry, intermediate staff as well as board-level employees. ARI was favourably mentioned in the market scoping study as one of the very few training institutions with a structured training in Risk Management.
In Capital Markets, the Securities Industry Certification Program(SICP) launched in 2016, continued with close to 500 practitioners already trained. ARI, which has been at the heart of the SICP training in Kenya, was privileged to have been selected to carry out similar programs in Tanzania and Uganda. Discussions with market players in Zambia and Rwanda are on-going. Using the experience of this successful SICP programme, ARI introduced the student program to help address the high youth unemployment level. Based on research, a significant ratio of the over 50% level of youth unemployment have either a college degree
Message from our ManagingDirector
or diploma. Our students program is therefore structured as a financial literacy life-skill to help students relate what they learn in class with careers in finance. Our student programme attempts to address the industry/academia conundrum by preparing students for careers in the financial services industry through a practical market-based training that gives them both the classroom knowledge, an international certificate, problem-solving skills through a challenge event, as well as practical experience through internships in industry working on jobs relevant to their career aspirations ahead of their graduation. The program has started through a partnership with various universities and will eventually be rolled out to technical and vocational colleges as well as secondary schools.
We are continually seeking to provide market-based solutions to challenges affecting the financial services industry. We are currently discussing with various partners to provide international certification Programmes in Leasing and Asset Finance, andTrade and Supply Chain Finance, among others.
At ARI, we take pride in our capacity to work with both regulators as well as practitioners to help them achieve their objectives. We know that with or without a regulatory push, professional skill development benefits both the employer and the individual. Our certification programmes are geared towards granting the beneficiaries professional portability internationally that allows them to work anywhere in the World.
Our team of principals and associates have requisite skills and capacity to design and deliver solutions for executive and senior management as well as technical operational staff. The training may be tailored to your need and held in-house, offered as an ‘open’ professional
development training or indeed as part of an international certification. Our student package ensures that college students can obtain qualifications that would give them a competitive advantage in their career aspirations. Our local and international accreditation as a training institution is a guarantee of professionalism and value for money in the solutions we offer.
We look forward to partnering with you in the years to come to develop and deliver solutions that will help your business achieve its strategic objectives while concurrently helping individuals attain personal development and career objectives.
Kefa Nyakundi
2017-2018FACT SHEET
To be a leader in the provision of holistic and transformative finance and risk management solutions that deliver value to people and enterprises in our chosen market segments across Africa.
To be a globally recognized provider of finance and risk management solutions in Africa
Africa Risk Institute is a professional services firm majoring in financial advisory, training and placement services for individuals and corporates across Africa.
MISSION VISION
CORE VALUESEPIC3
OUR SERVICES
Opentrainingprograms
In-housetrainingprograms
RiskAdvisory
ProfessionalPlacement
Professionalcertifications
ACCREDITED BYCHARTERED INSTITUTE FOR SECURITIES & INVESTMENTS (CISI)
NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA)GLOBAL ASSOCIATION OF RISK PROFESSIONALS (GARP)
POPULAR COURSES& PROGRAMMES
50+ COMPANIESWe have trained staff from over 15 companies, majority from: • Banks • Investment Banks • Fund Managers • Brokerage firms
OTHER CERTIFICATIONS
5TH JUNE 2017
TRAINED 500+ARI has trained over 500 industry professionals in open courses
TRAININGSACROSSAFRICA& UAE
AFRICAKenyaTanzaniaUgandaRwandaZambiaUAEDubai
Date when the A-FLY Student program kicked off
OUR TOP 4 KEY PARTNERS
International Introduction to securities and developmentRegulations and Market practice
DerivativesGlobal securities
Wealth managementCredit risk analysis and management
A-FLY Program for Students
Financial Risk Manager (FRM)Certified Risk Professional (CRP)
9
2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
Why Train With Us?Our in-house training courses are tailored to meet specific organizational needs aligned to their corporate objectives. These courses are cost effective and allow the client to determine the content, depth, attendee size, structure, length and sequence of the training within the security of their own premises or training centre.
Our core team comprises seasoned and talented professionals combining a rare blend of professional qualifications, broad commercial knowledge, specialized Risk Management skills and hands-on experience, and singular commitment to provide our clients with practical solutions and cross -industry perspectives. The team further benefits immensely from a pool of partners and associate trainers with local and international experience.
Training is focused, practical and results oriented. Our expert trainers write and deliver their own course materials and construct practical exercises and discussions based on real experience, ensuring delegates always derive the maximum practical benefits from a course.
We offer an unrivalled breadth of courses in finance and risk management with great emphasis on quality and value for money. Our courses offer the following invariable proposition for all attendees:
• Talented and practical trainers hand-picked from our wide pool of expert practitioners.
• Real-life topical case studies, practice exercises and interactive discussion to equip you with practical tools which can be put to immediate effective use.
• Up-to-date well-researched course documentation which draws on our vast experience.
• Valuable networking opportunities in a concentrated but relaxed environment.• Opportunity to take the course in various locations in Africa and abroad at dates
that suite your diary.
Africa Risk Institute is both an international and local accredited trainer. These accreditations by GARP, CISI and NITA are a mark of professionalism and confidence in the quality of training services provided by ARI.
Our Training MethodologyOur training workshops are interactive and involve short lectures, group discussions, and case studies. The cases used in the workshops are actual cases encountered in the market (with names and some key facts disguised). In the classroom setting we leverage on the use of technology to provide a blend of online and face to face training in meeting the varied needs of our customers.
10 11
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
GARP Courses
The Global Association of Risk Professionals (GARP) is a globally recognized membership association for financial risk managers. GARP enables the risk community and organizations to make better informed risk decisions through creating a culture of risk awareness. Through educational and professional certification programs, GARP helps to educate and inform the entire spectrum of risk professionals from entry to board level and the regulators that govern them. In setting the global standard in professional certification, GARP offers A rigorous and globally respected programs: The Financial Risk Manager (FRM) in the area of financial risk management. By demonstrating expertise and commitment to better risk management practices, Certified FRMs stand apart and add value in their organizations. Below is a brief description of the financial risk manager exam.
Financial Risk Manager (FRM®)The Financial Risk Manager (FRM®) designation is the globally recognized standard for those who manage risk. Certified FRMs are part of an elite, global network, and are valued by top employers across diverse businesses and occupy such positions as Chief Risk Officer, Senior Risk Analyst, Head of Operational Risk, and Director of Investment Risk Management, to name a few. The FRM is a two-part practice-oriented examination. FRM® I primarily cover the tools used to assess risk – quantitative analysis, fundamental risk management concepts, Financial markets/products, valuation and risk models. FRM® II focuses on the application of those tools through a deeper dive into market, credit, operational and integrated risk management, investment management, as well as current issues in financial markets. More information on this certification can be found here.
The Chartered Institute for Securities and Investment (CISI) is the professional body of choice for professionals in the securities and investment industry in the UK and in a growing number of major financial centres globally. Formed in 1992 by London Stock Exchange practitioners, they have a global community of more than 40,000 members in 121 countries and last year more than 41,000 CISI exams were sat in 73 countries.
CISI also offers certification exams to market practitioners in other jurisdictions such as Qatar, India and Dubai, Egypt, the Philippines and Saudi Arabia.
As an Accredited Trainer Partner for CISI in Kenya ARI offers training to the following programs and courses.
CISI Programs1. SecuritiesIndustryCertification ProgramIn September 2015, The Capital Markets Authority (CMA) signed a Memorandum of Understanding with the Chartered Institute of Securities and Investments for the introduction of international certification standards in the capital markets industry. This certification is part of CMA’s drive to enhance the positioning of Kenya as a premier investment destination. The certification is being administered by CISI. Africa Risk Institute is an accredited Training Partner of CISI and has been involved in the registration and training of CMA licensees for the exams.
As part of its market development agenda, CMA advised all its licensees in November 2015, that they must have all their employees dealing directly with clients and trading on behalf of clients and with less than 10 years’ experience in the capital markets industry undertake and successfully complete the Securities Industry Certification Program (SICP) comprising of three modules, namely i.e.
1. Module 1 - International Introduction to Securities and Investments (Kenya).
2. Module 2 - Regulations and Market Practice (Kenya).
3. Module 3 - Global Securities or Derivatives or Wealth Management.
The CISI has been working internationally for over 10 years, but only for the last three years have they had an active presence in Africa. With the support of the FSDA the CISI has signed Memorandums of Understanding with five capital market regulators, all linked to the introduction of an internationally recognised certification programmes in their market. In the last year over 1,200 exams were taken.
12 13
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
3.2 Global SecuritiesThe objective of the examination is to ensure that those advising and/or dealing in securities have a basic knowledge of market infrastructure, operation, regulation and practice. Download the syllabus here.
3.3 Wealth ManagementThe CISI Wealth Management professional qualification will provide you with specialist knowledge and expertise to foster a strong career in private client asset management (discretionary portfolio management) and fund management and will qualify you to advise clients under the UK’s Retail Distribution Review, as well as other global jurisdictions. Find out more here.
Benefits on completion of Securities Industry Certification Program
1. Certification from CMA/CISI as per CMA requirements.
2. Entry level qualification for the capital markets/wholesale sector
3. Offers a progressive study pathway – the Capital Markets Programme is the first step in the CISI’s capital markets qualifications study pathway and offers access to higher-level qualifications such as the CISI Diploma in Capital Markets.
4. Flexible study options – you can choose from two technical units allowing you to focus on a topic relevant to your job role.
5. Free CISI Student membership – become associated with a chartered professional body and take advantage of an extensive range of benefits
6. Access to Associate membership and ACSI designatory letters
2. A-FLY Program (ARI Financial Literacy for the Youth Program)Taking due cognizance of the need to start financial education early, we have positioned finance as a life skill that is essential to the youth, no matter what eventual career profession an individual takes up. It is instructive that Financial literacy is required by entrepreneurs and employees and is career agnostic.
Africa Risk Institute has thus introduced the A-FLY Program to university students. The objective of the program would be to provide training and international certification for university students and equip them with the knowledge of financial services and the career opportunities available to them in the capital markets sector. Download the brochure here.
CISI has seen an over-whelming desire from the sector to grow the profession and for the practitioners take a foothold. This drive comes from the entire range of market participants, including financial services businesses, industry associations, professional bodies, as well as regulators and central banks.
As an accredited training partner for CISI, Africa Risk Institute has overseen over 350 exams taken in the 3 Modules; International Introduction to Securities and Investments (K), Regulations and Market Practice (K), Global Securities, Derivatives and Wealth Management with an overall pass rate of 74%.
Module 1: International Introduction to Securities and Investment, IISI (K) This module provides a comprehensive introduction to the financial services industry with a key focus on investments from a global perspective but with Kenyan context. It is the first step in the CISI’s qualification pathway, and it is taken by many practitioners as it is the foundation exam for higher level CISI qualifications. The qualification covers key financial principles and products including assets and markets, equities, bonds, derivatives, investment funds, retirement planning, loans, mortgages, life assurance and protection insurance. It explores the broader economic environment in which the financial services industry operates and looks at how economic activity is determined and managed in different economic and political systems. Click here to find out more.
Module 2: Regulations and Market Practice (Kenya)The aim of this unit is to provide candidates with a general understanding of the rules and regulations applying in the Kenyan Capital Markets. For more information, please download the syllabus here.
Module 3: Technical Module – Derivatives, Global Securities or Wealth Management (Choose one)
3.1 DerivativesThis unit of the Capital Markets Programme provides those advising and/or dealing in derivatives with the knowledge and skills required for their job roles. The objective of the examination is to ensure that candidates have a basic knowledge of the regulations and practices in financial and commodity derivatives, their underlying markets, trading and the principles of investment strategies. To find out more, download the syllabus here.
14 15
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
3.3 Diploma in Investment OperationsDiploma in Investment Operations is widely acknowledged as the most appropriate qualification for staff wishing to pursue a career in investment operations. It offers individuals the opportunity to specialize in the administration of investment funds and custody and settlement and gain a broad understanding of the wide financial environment. It will enable staff to demonstrate their knowledge and skills and pursue a senior management role with investment operations. The Diploma is a valuable qualification for any individual wishing to pursue a career in investment operations and in particular those employed at a supervisory level aspiring to a senior management role. It is suitable for those working in both wholesale and retail roles. For more information, click here.
3.4 Global Financial ComplianceGlobal Financial Compliance is suitable for all compliance staff and will be especially relevant for Compliance Officers. Specialist qualification – covers all key aspects of compliance and can be taken as a stand-alone qualification or as part of the Investment Operations Certificate (IOC). Offers a progressive study pathway – Global Financial Compliance is the first step in the CISI’s compliance qualifications study pathway and offers access to the higher-level Diploma in Investment Compliance. For more information download the fact sheet here.
3.5 Certificate in Investment ManagementThe level 4 Certificate in Investment Management has been designed to provide candidates with an advanced level of understanding of the key areas of investment management. It requires candidates to demonstrate their knowledge and understanding in a range of analytical scenarios. For more information on the Certificate in Investment Management, click here.
3.6 Managing Operational Risk in Financial InstitutionsManaging Operational Risk in Financial Institutions is a higher-level pathway for risk professionals who may have achieved Operational Risk as part of the Investment Operations Certificate (IOC) or for practitioners who are looking to increase their knowledge in the discipline.
The Certificate will equip you with the knowledge and practical techniques to be able to investigate an operational risk incident, manage operational risk in the long term, model appropriate behaviours to support operational risk management in the workplace, and effectively recommend and contribute to measures to enhance the operational risk culture and operational risk management in the workplace. For more information download the fact sheet here.
The Program StructureThe program contains four modules split into two parts. The first part consists of two foundational modules and the second part has two intermediate level courses. A salient feature of the students’ program is the internship opportunities included in the second part of the program. These are designed to facilitate the practical application of knowledge gained and are awarded to top students finishing module I and II.
The specifics of the program are as follows:
The first part
• Module I: Fundamentals of Financial Services – takes 4 weeks - This stand-alone qualification and unit provides candidates with a basic understanding of the key areas of the financial services and has been developed to support new entrants and to assist prospective students in obtaining jobs. For more information download the fact sheet here.
• Module II: International Introduction to Securities and Investments – takes 4 weeks
The second part (this part also includes a 3-month internship opportunity with the industry or regulator)
• Module III: Regulations and Market Practice (Kenya) – takes 4 weeks• Module IV: A technical option (either Global Securities, Derivatives or Wealth
Management) – takes 8 weeks
After each module, there will be a 2-week break before the start of the next module within which CISI exams shall be sat. Students can only start part 2 on completion of the internship program. For more information, click here.
3. Other CISI Courses3.1 CISI Diploma in Capital Markets The Diploma in Capital Markets is a leading professional qualification for practitioners working in wholesale securities markets. It is the final step in the CISI’s capital markets study pathway and offers individuals the opportunity to gain specialist knowledge of financial markets, bonds and fixed income, financial derivatives and fund management. It covers all major and alternative asset classes and incorporates regulation, market best practice and risk management. For more information click here.
3.2 Diploma in Investment ComplianceThe Diploma in Investment Compliance is a global qualification that offers a clear career pathway for compliance specialists and practitioners. It has recently been reviewed by industry practitioners and has been enhanced to reflect the changing needs of the financial services environment. This qualification provides candidates with the confidence of possessing a thorough understanding of the global financial services regulatory environment. This professional level qualification may lead to full CISI Chartered Member status. For more information click here.
16
2 0 1 8 A F R I C A R I S K I N S T I T U T E ©CFPTM, CERTIFIED FINANCIAL PLANNERTM and are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd.
Chartered Institute for Securities & Investment is the marks licensing authority for the CFP marks in the United Kingdom, through agreement with FPSB.
Mem
bers
hip
T
here
is a
ladd
er o
f pro
gres
sion
for m
embe
rs o
f the
Inst
itute
from
Stu
dent
s to
Ass
ociat
es to
Mem
bers
and
ulti
mat
ely
to C
harte
red
Mem
bers
and
Cha
rtere
d Fe
llows
dep
endi
ng o
n qu
alifi
catio
ns g
aine
d
The
CIS
I’s Q
ualif
icat
ions
and
Mem
bers
hip
Fram
ewor
k
Capi
tal
Mark
ets /
Co
rpor
ate
Fina
nce
Wea
lth
/ Ret
ail
Oper
atio
ns
Com
plian
ce
/ Risk
Capi
tal M
arke
ts P
rogr
amm
e (S
ecur
ities
/Der
ivativ
es)
Inves
tmen
t Adv
ice D
iplom
a*+
(Sec
uritie
s/Der
ivativ
es/Fi
nanc
ial
Plan
ning
& Ad
vice)
IT in
Inve
stm
ent O
pera
tions
*
Adva
nced
Cer
tifica
te in
Glo
bal
Secu
rities
Ope
ratio
ns
Dipl
oma i
n Ca
pita
l Mar
kets
Dipl
oma i
n In
vest
men
t Ope
ratio
ns
Dipl
oma i
n In
vest
men
t Com
plian
ce*
The F
ound
atio
n Qu
alific
atio
n -
Intro
duct
ion
to
Inve
stm
ent*
Inte
rnat
iona
l In
trodu
ctio
n to
In
vest
men
t+
Certi
ficat
e in
Corp
orat
e Fin
ance
*
Inte
rnat
iona
l Cer
tifica
te in
Wea
lth &
In
vest
men
t Man
agem
ent*+
Certi
ficat
e in
Priva
te C
lient
In
vest
men
t Adv
ice &
Man
agem
ent*
3
UK Q
ualifi
catio
ns
Leve
ls 1
Euro
pean
Qu
alific
atio
ns
Fram
ewor
k (EQ
F) 2
Leve
l 4 C
ertif
icate
in In
vest
men
t Ma
nage
men
t*
Scho
ols &
Co
llege
s
Dipl
oma i
n Fi
nanc
e, Ri
sk &
In
vest
men
t*
Certi
ficat
e in
Fina
nce R
isk
& De
cisio
n Ma
king*
Certi
ficat
e for
In
trodu
ctio
n to
Sec
uriti
es &
In
vest
men
t*
Dipl
oma i
n Co
rpor
ate F
inan
ce*
Fund
amen
tals
of
Fina
ncial
Ser
vices
*
2
33
45
67
3
44
55
67
post-graduate professional level
advanced level
qualifying level
foundation level
Inves
tmen
t Ope
ratio
ns C
ertifi
cate
(IOC)
*Ma
nagi
ng O
pera
tiona
l Risk
in
Fina
ncial
Inst
itutio
ns*
Inte
rnat
iona
l Cer
tifica
te in
Ad
vanc
ed W
ealth
Man
agem
ent+
Certi
ficat
e in
Para
plan
ning
* 5
Fina
ncial
Pl
anni
ng
Islam
ic Fi
nanc
eIsl
amic
Fina
nce Q
ualif
icatio
n (IF
Q)*
Fund
amen
tals
of
Islam
ic Ba
nkin
g &
Fina
nce*
Char
tere
d W
ealth
Ma
nage
r Qu
alific
atio
n*
(Dip
lom
a in
Wea
lth
Mana
gem
ent)
CERT
IFIE
D FI
NANC
IAL
PLAN
NER
(CFP
TM)
(Dip
lom
a in
Fina
ncial
Plan
ning
*)5
Inves
tmen
t Adv
ice D
iplom
a*(F
inan
cial P
lanni
ng &
Adv
ice) 4
1.Th
is ro
w is
a g
uide
onl
y. Q
ualifi
catio
ns w
hich
are
regu
late
d by
Ofq
ual a
nd a
ppea
r on
the
Reg
ulat
ed Q
ualifi
catio
ns F
ram
ewor
k (R
QF)
are
mar
ked*
. 2.
The
EQF
is a
n ov
erar
chin
g qu
alifi
catio
ns re
fere
nce
fram
ewor
k th
at li
nks
the
qual
ifica
tions
of d
iffer
ent c
ount
ries
toge
ther
. Qua
lific
atio
ns th
at a
reap
prop
riate
for t
he E
urop
ean
Secu
ritie
s an
d M
arke
ts A
utho
rity
(ESM
A) g
uide
lines
on
know
ledg
e an
d co
mpe
tenc
e ar
e m
arke
d + .
3.G
ap-fi
ll re
quire
d fo
r RD
R/R
FA
4.Th
e ne
w F
inan
cial
Pla
nnin
g &
Advi
ce u
nit b
ecom
es a
vaila
ble
on th
e 31
Aug
ust 2
016.
Can
dida
tes
taki
ng th
e In
vest
men
t Adv
ice
Dip
lom
a m
ayco
ntin
ue to
take
the
Priv
ate
Clie
nt A
dvic
e un
it un
til D
ecem
ber 2
016
and
ther
e w
ill be
a re
sit o
ppor
tuni
ty in
Jun
e 20
17.
Ther
eafte
r, ca
ndid
ates
mus
t ta
ke th
e ne
w F
inan
cial
Pla
nnin
g &
Advi
ce u
nit.
5.C
andi
date
s un
derta
king
the
Cer
tifica
te in
Par
apla
nnin
g or
the
Dip
lom
a in
Fin
anci
al P
lann
ing
may
take
the
curre
nt P
rinci
ples
of F
inan
cial
Pla
nnin
gun
it up
to a
nd in
clud
ing
5 D
ecem
ber 2
016
whe
n it
will
be d
isco
ntin
ued.
The
reaf
ter,
they
will
need
to ta
ke th
e Fi
nanc
ial P
lann
ing
& Ad
vice
uni
t.
Com
batin
g Fi
nanc
ial C
rime*
Risk
in F
inan
cial S
ervic
es
Mana
ging
Cyb
er S
ecur
ity*
Glob
al Fi
nanc
ial C
ompl
iance
*
Training Structure For CISI ProgramsWe understand that most participants for the CISI programs are busy professionals and have therefore developed a flexible training model that includes a tutor-guided on-line support complementing face to face classroom training. We then take our students through weekly quizzes and automated Mock examinations that mimics the real examination and end with the face to face sessions of 3- 6 days depending on the course.
18 19
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
Job Area Qualifying level Membership Advanced level Professional level Membership
Wealth/RetailAdvising/Dealing in Derivatives
Advising/Dealing in Securities
Advising on Retail Investment Products
Financial Analyst
Portfolio Analyst
Stockbroker
Wealth Management
Investment Advice Diploma (Derivatives)
Investment Advice Diploma (Securities)
Investment Advice Diploma (Private Client Advice / Financial Planning & Advice)
Investment Advice Diploma (Any pathway)
Investment Advice Diploma (Any pathway)
Investment Advice Diploma (Any pathway)
Investment Advice Diploma (Any pathway) International Certificate in Wealth & Investment Management International Certificate in Advanced Wealth Management
ACSI
ACSI
ACSI
ACSI
ACSI
ACSI
ACSI ACSI ACSI
Chartered Wealth Manager Qualification
Chartered Wealth Manager Qualification
Chartered Wealth Manager Qualification
Chartered Wealth Manager Qualification
ICAEW/CISI Diploma in Corporate Finance Chartered Wealth Manager Qualification
Chartered Wealth Manager Qualification
Chartered Wealth Manager Qualification Chartered Wealth Manager Qualification Chartered Wealth Manager Qualification
MCSI
MCSI
MCSI
MCSI
MCSI MCSI
MCSI
MCSI MCSI MCSI
Financial Planning and AdviceParaplanner
Financial Adviser
Financial Planner
Certificate in Paraplanning - Accredited Paraplanner (APP)
Investment Advice Diploma (Private Client Advice / Financial Planning and Advice)
Investment Advice Diploma (Private Client Advice / Financial Planning and Advice)
ACSI
ACSI
ACSI
CERTIFIED FINANCIAL PLANNERTM Certification
Chartered Wealth Manager Qualification
CERTIFIED FINANCIAL PLANNERTM Certification Chartered Wealth Manager Qualification
MCSI
MCSI
MCSI MCSI
CISI Qualification PathwaysThe CISI qualification pathway is an easy way for professionals in the securities and investment industry to be guided on professional development given their current roles. With a progressive qualification route, professionals in the financial services industry are able to develop in their job roles and ultimately achieve expertise in their chosen career paths. This table outlines the different job areas in the financial services industry and helps individuals to create a mind picture of a career game plan as well as outlining the different career paths available to them.
Visit cisi.org/intro
Job Area Qualifying level Membership Advanced level Professional level Membership
Compliance/RiskCompliance
Risk Management
Global Financial Compliance Risk in Financial Services Combating Financial Crime Managing Cyber Security
Risk in Financial Services Managing Operational Risk in Financial Institutions
ACSI ACSI ACSI ACSI
ACSI
Diploma in Investment Compliance
Diploma in Investment Operations
MCSI
MCSI
OperationsCustody
Customer Services
IT Development and Support
Operations
Risk Management
Settlements
Investment Operations Certificate (IOC)
Investment Operations Certificate (IOC)
IT in Investment Operations Managing Cyber Security Investment Operations Certificate (IOC)
Investment Operations Certificate (IOC) Managing Operational Risk in Financial Institutions
Investment Operations Certificate (IOC) Managing Operational Risk in Financial Institutions
Investment Operations Certificate (IOC) Managing Operational Risk in Financial Institutions
ACSI
ACSI
Affiliate ACSI ACSI
ACSI
ACSI
ACSI
Advanced Certificate in Global Securities Operations
Advanced Certificate in Global Securities Operations
Advanced Certificate in Global Securities Operations
Diploma in Investment Operations
Diploma in Investment Operations
Diploma in Investment Operations
Diploma in Investment Operations
Diploma in Investment Operations
MCSI
MCSI
MCSI
MCSI
MCSI
Capital Markets / Corporate FinanceAdvising/Dealing in Derivatives
Advising/Dealing in Financial Derivatives
Advising/Dealing in Securities
Corporate Finance
Financial Analyst
Investment/Fund/Portfolio Management
Portfolio Analyst
Capital Markets Programme (Derivatives)
Capital Markets Programme (Financial Derivatives)
Capital Markets Programme (Securities)
Certificate in Corporate Finance
Capital Markets Programme (Any pathway)
Certificate in Investment Management (Level 4)
Capital Markets Programme (Any) (Level 3) Certificate in Corporate Finance
ACSI
ACSI
ACSI
ACSI
ACSI
ACSI
ACSI ACSI
Diploma in Capital Markets
Diploma in Capital Markets
Diploma in Capital Markets
ICAEW/CISI Diploma in Corporate Finance
Diploma in Capital Markets
Diploma in Capital Markets
Diploma in Capital Markets Diploma in Capital Markets ICAEW/CISI Diploma in Corporate Finance
MCSI
MCSI
MCSI
MCSI
MCSI
MCSI
MCSI MCSI MCSI
20 21
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
January February March April May June July August September October November16 23 30 20 27 13 27 3 10 17 24 8 15 22 29 12 19 26 17 24 4 11 18 25 2 9 16 23
Module 1 International Introduction to Securities and Investments (IISI)
IISI-1 3 Day 7-9 Feb
IISI-2 3 Day 2-4 Apr
IISI-3 3 Day 29-31 Aug
Module 2 Regulations and Market Practice (Kenya) (RMP) RMP-1 3 Day 14-16 Feb
RMP-2 3 Day 28 Feb-2 Mar
RMP-3 3 Day 27-29 Jun
RMP-4 3 Day 26-28 Sep
Module 3 Derivatives (DER)DER-1 5 Day 1-3, 28 Feb-2 Mar Feb 5 Day 4-5, 22-23 Mar
DER-2 5 Day 1-3, 20-22 Jun 5 Day 4-5, 12-13 Jul
DER-2 5 Day 1-3, 10-12 Oct 5 Day 4-5, 25-26 Oct
Module 3 Global Securities (GS)GS-1 5 Day 1-3, 7-9 Mar 5 Day 4-5, 22-23 Mar
GS-2 5 Day 1-3, 27-29 Jun 5 Day 4-5, 12-13 Jul
GS-3 5 Day 1-3, 1-3 Nov 5 Day 4-5, 25-26 Oct
Module 3 Wealth Management (WM)WM-1 5 Day 1-3, 28 Feb-2 Mar 5 Day 4-5, 22-23 Mar
WM-2 5 Day 1-3, 20-22 Jun 5 Day 4-5, 12-13 Jul
WM-3 5 Day 1-3, 24-26 Oct 5 Day 4-5, 14-15 Nov
January February March April May June July August September October November Dec16 23 30 20 27 13 27 3 10 17 24 8 15 22 29 12 19 26 17 24 4 11 18 25 2 9 16 23
Module 1 Fundamentals of Financial Services (FFS) FFS-1 3 Day 27 Jan, 3,10 Feb
FFS-2 3 Day 21,28 Apr, 5 May
FFS-3 3 Day 25 Aug, 1,8 Sep
Module 2 International Introduction to Securities and Investment (Kenya) (IISI)
IISI-1 Face to Face 3,10,17 Mar
IISI-2 Face to Face 2,9,16 Jun
IISI-3 Face to Face 6,13,20 Jun
Module 3 Regulations and Market Practice (Kenya) (RMP)RMP-1 Face to Face 7,14,21Apr
RMP-2 Face to Face 14,21,28 Jul
RMP-3 Face to Face 17,24 Nov,1 Dec
Module 4 Derivatives (DER) DER-1 Face to Face 3,10,17,24 Feb, 3,10 Mar
DER-2 Face to Face 26 May, 2,9,16,23,30 Jun
DER-3 Face to Face 1,8,15,22,29 Sep, 6 Oct
Module 4 Global Securities (GS) GS-1 Face to Face 3,10,17,24 Feb, 3,10 Mar
GS-2 Face to Face 26 May, 2,9,16,23,30 Jun
GS-3 Face to Face 1,8,15,22,29 Sep, 6 Oct
Module 3 Wealth Management (WM) WM-1 Face to Face 3,10,17,24 Feb, 3,10 Mar
WM-2 Face to Face 26 May, 2,9,16,23,30 Jun
WM-3 Face to Face 1,8,15,22,29 Sep, 6 Oct
2018 Course ScheduleSecurities Industry Certification Program
A-FLY Program for Students
23
2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
ARI Certification ProgramA recent survey by the Financial Sector Deepening - Africa (FSDA) on the demand for risk management training in the financial services sector revealed a dire need for a risk management training especially for entry level and clerical employees. As risk professionals, we know that organizations must of necessity manage risk from the boardroom to the mailing room. We have therefore developed our certification program - Certified Risk Professional (CRP) - to help address this market need. This qualification has three levels aimed at gradually introducing the culture of risk in an organization.
CRP I Risk affects every aspect of an organization. It therefore follows that risk is everyone’s business. Organizations that have a mature risk culture have been known to have consistent performance and are resilient. This course is ideal for organizations to adopt as part of their induction program. It helps participants master the basic fundamentals of and concepts related to financial risk and risk management. The course gives a broad overview of topics like credit risk, market risk, operational risk, insurance risk, and the Basel committee on Banking Supervision’s regulatory principles (Basel accord). This certification is highly recommended as an induction training for all new employees in the financial services industry and may be offered as part of an internal certification program using our e-learning platform.
CRP IIThis course prepares participants for managing financial risks in the work place by illustrating how financial risk impacts assets, institutions and systems and the global financial infrastructure. The course includes four modules that provide a comprehensive understanding of credit risk, market risk, operational risk and asset and liability management. It is ideal for professionals who have three to five years’ experience in the financial sector, particularly in risk, IT, auditing, accounting, consulting, compliance and insurance.
CRP III This course is an advanced Risk Management qualification that helps participants to understand best practices in Enterprise Risk Management (ERM), how to develop and implement ERM frameworks, as well as economic and regulatory capital management techniques. The course is practical and case study-based.
24 25
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
In-House TrainingOur in-house training programmes are specially designed and developed to deliver customized risk management training. We combine the latest training techniques with relevant case studies to create innovative and engaging programs. Our tailored courses assist you in implementing the strategic goals of your business. Success is measured by improved performance at individual and corporate levels.
In-house training programmes may also be tailored to suit an internal certification programme for purposes of performance evaluation. These may be offered through our e-learning platform or ‘in situ’.
Indicative savings on In-house compared to open training courses are up to 60%. To inquire more on this service, Contact Us
Open Programmes Calendar
No. of Days January February March April May June July August September October November December
1 Enterprise Risk Management Master Class (ERM) 5 9-13 Apr, Kigali
20-24 Aug, Zanzibar
10-14 Dec, Dubai
2 Fundamentals of Derivatives 2 10-11 May 9-10 Aug 22-23 Nov
3 Anti-money Laundering 3 23-25 May 27-29 Sep4 Board Risk Governance 2 8-9 Mar 6-7 Sep5 Credit Risk Analysis for Lenders 3 13-16 Feb 25-27 Jul 14-16 Nov6 Financial Modelling in MS Excel 3 21-23 Feb 13-15Jun 17-19 Oct7 Finance for Non Finance Managers 2 22-23 Mar 13-14 Sep8 IFRS, Tax and Compliance 2 5-6 Apr 16-18 Jul 8-9 Nov9 Project Management 2 27-30 Mar 6-8 Jun 4-5 Oct10 Fundamentals of Investments Advice Process 31 Jan - 2 Feb 25-27 Apr 15-17 Aug11 Effective Governance and Board 3 27-29 Jun 24-26 Oct
26 27
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
Satisfied CustomersKenya
Tanzania
Rwanda
Ethiopia
Our PartnersUganda
28 29
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
“ ”Testimonials
Cash Management Solutions Administrator, GenAfrica.I learnt so much during the 3-day training which was useful and interesting. The team were excellent they were energetic, engaging, made the learning fun, enjoyable and gave real examples to back up the theory. Personally, I have been in the industry for 3 years and I greatly recommend the IISI Course because it is vital for the understanding of the investment and securities industry. This course is fantastic it gave me the opportunity to increase my knowledge, put things into practice and have things I may have already known reinforced by a professional. The quizzes and the mock exams really helped in preparation for the main exam. Thank you very much, great job.
Custodial Services, HFC LimitedI would really like to appreciate the team for the professional manner in which they are handling this program, from registration all the way to the exam. It really does free us up to focus on the course material and with their expert coaching and encouragement, I have really been able to scale the last 2 courses confidently. If I may add, this is the first finance related course I am taking and my initial fear of failure was indeed unfounded. I look forward to starting on this third course. It appears challenging but I am confident I’m in very capable hands. Do keep up this good work!
Equity Trader, Dyer & BlairThe training included lively explanations, emphasis on exam areas and tips. The use of examples in the market and emphasis on objectives of each chapter ensured I understood the materials. Excellent Work.
Customer Service, SBG SecuritiesAll the trainers were well informed on the content of the course. The Quizzes and Mocks are an excellent way of ensuring one passes the exams. Keep it Up.
Equity Trader, KCBThe training was very interactive and showed me a new perspective in relation to my work. It was knowledgeable. I loved the discussions on real cases and examples and application of material to day to day operations. Keep up the good work.
Equity Trader, KCB CapitalThe discussions on real cases and examples and application of the material in day to day operations is very good.
KCB Custody ServicesThe training was well structured. I loved the Quizzes and Mocks and the support throughout the 4 weeks, they helped me pass the exam.
Investment Dealer, GenafricaI am deeply grateful to the entire team at Africa Risk Institute, for their time and true dedication in breaking down the course to us for ease in understanding. As an investment dealer, the IISI course was quite relevant and essential in broadening my understanding in key investment areas. The lectures were very interactive making it easy to get clarity on various issues. The administration of mock exams was also very helpful in the preparation of the main exam. I highly recommend this course to all working in the Finance sector. Once again, thank you.
Genafrica
The structure of the course is an easy read and very engaging. I liked the link between best practice and local practice. The team was very patient with me considering my unrelated academic background and I’m glad to be associated with CISI and Africa Risk Institute. I passed by the way! Thanks for your continued support.
Research Analyst, NABO CapitalThe training was well structured. The weekly quizzes and 3 Day block session were helpful in understanding the material. Well Done.
Custody, Equity BankThe training was good, the tutor was highly knowledgeable on the subject matter, trusting the same will happen in subsequent modules. Thanks
Custodial Services, Prime Bank. Thanks for the work/motivation from your end which contributed to my successful completion of the first and second modules. I found the classroom model offered by Africa Risk Institute quite well structured as it assisted me to effectively prepare for the exams. As a student, reading on my own is not one of my strengths and so I have immensely benefited from the PowerPoint presentations and discussions during the 2-day and 3-day face to face sessions offered by Africa Risk Institute in preparations for exams.
30 31
2 0 1 8 A F R I C A R I S K I N S T I T U T E © 2 0 1 8 A F R I C A R I S K I N S T I T U T E ©
Photo Gallery
5th Annual Capital Markets open day May 2017
Multi-Media University 2nd Annual career fair/Business Expo May 2017 CISI Securities Industry Certification Program conducted by
Africa Risk Institute in Dar Es Salaam and Uganda
CISI Securities Industry Certification Program Training In Kenya 2017
February 2017 Dar Es Salaam Convention Center
March 2017 Royal Suites Bugolobi Kampala
We look forward to seeing you
this year
A 1 2 D A P H T O N C O U R T , R I V E R S I D E D R I V E
P O B O X 5 7 9 7 - 0 0 2 0 0 , N A I R O B I
T R A I N I N G @ A F R I C A R I S K I N S T I T U T E . C O M
+ 2 5 4 2 0 2 0 1 4 2 9 2 | + 2 5 4 2 0 2 3 4 3 3 6 6
Contact Us
Related Documents
