Growth built on poorly controlled wealth management and financial planning reverses faster than it accumulated. Models supporting financial planning fail quietly, and usually at the worst moment. A common pattern is strong design of this area of financial and banking practice paired with weak follow-through. The course leaves participants able to diagnose weaknesses in wealth management and financial planning before they become incidents. The programme takes participants through the financial and banking practice capability end to end, from framing the problem to closing it out. Field experience suggests that the barrier to better financial planning is rarely technical. Each session closes with a decision the participant must justify about wealth management and financial planning in their own setting. It is written for people who have to make financial planning work with the resources they already have. The programme ends where implementation begins, with this aspect of financial and banking practice broken into steps someone can start on Monday.
Expected Learning Outcomes
✓
Apply a repeatable review cycle to wealth management and financial planning and act on what it produces.
✓
Prepare a short, evidence-based briefing on financial planning for senior management.
✓
Stress test wealth management and financial planning against scenarios that are plausible rather than comfortable.
✓
Build the control framework around financial planning that an examiner would accept.
✓
Apply the relevant accounting and disclosure treatment to wealth management and financial planning.
✓
Draw practical lessons from failures in financial planning without assigning blame that suppresses reporting.
✓
Validate the assumptions inside any model supporting wealth management and financial planning.
Who Should Attend
✓
Relationship and product managers whose targets depend on wealth management and financial planning.
✓
Risk managers responsible for financial planning.
✓
Newly appointed managers taking on wealth management and financial planning for the first time.
✓
Investment and portfolio managers exposed to financial planning.
✓
Training and development staff building internal capability in wealth management and financial planning.
✓
Internal auditors reviewing the controls around financial planning.
Course Modules
Open any module to see its sessions and topics.
01
Wealth management and financial planning: audit evidence and examiner readiness
2 sessions · 8 points
Session 1The early warning on wealth management and financial planning that arrives in time
Write down the assumptions underpinning the approach to wealth management and financial planning.
Verify reconciliation and settlement controls covering financial planning.
Check that wealth management and financial planning still works when volumes rise unexpectedly.
Identify the key controls over financial planning and who tests them.
Session 2The control on financial planning that looks strong and is not
Benchmark the organisation's wealth management and financial planning against comparable operations.
Check the legal and contractual exposure created by financial planning.
State the risk appetite for wealth management and financial planning as a number, not an adjective.
Estimate the resource financial planning requires to run as designed.
02
Financial planning: reporting that supports a decision
2 sessions · 8 points
Session 1The hard cases in financial planning and how to reason about them
Confirm that contractual obligations around wealth management and financial planning are understood.
Translate the appetite for financial planning into limits someone monitors daily.
Review concentration by counterparty, sector and geography inside wealth management and financial planning.
Check the accounting treatment applied to financial planning against current standards.
Session 2Evidencing that financial planning worked as designed
Assess the capital consumed by wealth management and financial planning under current and stressed conditions.
Confirm regulatory reporting on financial planning is complete, timely and reconciled.
Review the pricing of wealth management and financial planning against the risk being assumed.
Name a single owner for each element of financial planning.
03
Financial planning: stress testing and scenario analysis
2 sessions · 8 points
Session 1Testing financial planning before relying on it
Establish the boundary of wealth management and financial planning and record what sits outside it.
Confirm reporting on financial planning reaches the committee that can act on it.
List the assumptions in any model supporting wealth management and financial planning and when each was last challenged.
Test financial planning against a scenario the organisation would rather not model.
Session 2Keeping wealth management and financial planning alive after the initial push
Document the remediation plan for each known weakness in wealth management and financial planning.
Establish who is informed, consulted and accountable in financial planning.
Set escalation thresholds for wealth management and financial planning that work out of hours.
Rehearse the briefing on financial planning that would follow an incident.
04
Financial planning: risk appetite, limits and policy
2 sessions · 8 points
Session 1Reporting financial planning so the reader can act on it
Define acceptance criteria for wealth management and financial planning in advance.
Confirm segregation of duties across initiation, approval and settlement of financial planning.
Establish what evidence demonstrates wealth management and financial planning is under control.
Review whether financial planning is aligned with the objectives of the business line.
Session 2The assumption inside the model for financial planning that nobody revisits
Define the trigger that would require wealth management and financial planning to be redesigned.
Prepare the summary of financial planning that senior management will read.
Agree the smallest change to wealth management and financial planning that would be visibly useful.
Agree who signs off financial planning and record that they did.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
Workshop or Program Participation
Airport Transfers
Customized Badge
Expert Mentorship (Private Sessions)
Supervision & Secretarial Services
Accredited Certificate of Participation
Complete Training Kit
Coffee Break
Closing Ceremony
Gold Package
At least 3 people
USD1,850
5-night stay in a 5-star hotel
Workshop or Program Participation
Airport Transfers
Customized Badge
Expert Mentorship (Private Sessions)
Supervision & Secretarial Services
Accredited Certificate of Participation
Complete Training Kit
Coffee Break
Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.
