In finance the difference between a healthy position on digital wealth management products and a dangerous one is often a single assumption. Regulators no longer accept intent as evidence of control over management products. Participants leave with a method for the financial and banking practice discipline, not a set of opinions about it. They gain the ability to sequence improvements to digital wealth management products in an order their organisation can absorb. Improvement in this area of financial and banking practice stalls when it depends on one capable individual rather than a defined method. The level assumes working familiarity with the business line but no prior formal training in management products. Field experience suggests that the barrier to better digital wealth management products is rarely technical. Each session closes with a decision the participant must justify about management products in their own setting. The final module sets out how progress on the practice within financial and banking practice will be evidenced six months later.
Expected Learning Outcomes
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Build the audit evidence that demonstrates digital wealth management products operated as designed.
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Communicate the purpose of management products to those who have to comply with it.
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Build the client due diligence and monitoring appropriate to digital wealth management products.
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Integrate management products into existing management routines rather than running it separately.
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Establish the segregation of duties required around digital wealth management products.
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Reduce avoidable variation in how management products is carried out across teams.
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Review the contractual and legal exposure created by digital wealth management products.
Who Should Attend
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Finance managers reporting on digital wealth management products.
