Description

“BRANCH BANKING –  GOVERNANCE, RISK, CONTROLS & SYSTEMS [GRC&S].”

“Strategy for an Independent Assessment of Branch Banking GRC&S.”

 

PURPOSE / OBJECTIVES OF THIS COURSE

This learning program was designed

1. to facilitate the Participants’ study of the Framework of the Core Business Objectives, Risk Profile, Core Processes, Key Controls & Systems in the Branch Banking Business Model and Operations. These elements comprise the possible Auditable Areas in BBG.
2. to assist Participants in gaining some insight into how the Risk-Based Audit Approach would apply to Branch Banking Strategic Line of Business and Distribution Channel.
3. to discuss the reference framework and illustrative examples for Branch Banking Audit Engagement Audit Strategy, which aligns with the Board-approved Strategic Objectives of Branch Banking Business.
4. to provide participants with Learning Assessment exercises.

 

THE LEARNERS/PARTICIPANTS MAY CONSIST OF:

• Officers in the Branch Banking organization (strategic, sales, marketing, product synergy, front-office/customer-facing).
• The 1^st Line of Defense (LOD) for Branch Banking: the “Operations Reviewers” for Branch Banking.
• The 2^nd line of defense for Branch Banking. Operational Risk Management, including those in Fraud risk management and those in Controls Testing for BBG.
• The 2^nd line of defense in the bank. Regulatory Compliance Testing analysts for BBG (deputized Compliance). Especially those who conduct Independent Regulatory Compliance Testing.
• The 3^rd Line of Defense (LOD). Internal Auditors and External Auditors of Banks. Internal Audit Management & Team Leaders for Branch Banking Audit Engagements. QA&IP Officers within Internal Audit Group.

 

AGENDA KEY TOPICS

• Risk-based Approach in banks. Risk Indicators in various areas of the bank.
• Branch Banking Business Model. Core Business Objectives/Strategic Goals that impact the Risk Profile of Branch Banking.
• BBG’s Core Processes to achieve the Branch Banking business objectives and strategic goals;
• Key Controls & Systems for the Branch Banking Business Model and Operations;
• Organizational Governance Framework of the bank. The Governance of Branch Banking as a Strategic Line of Business (SLB).
• The 1^st Line of Defense (LOD) for Branch Banking.
• The 2^nd line of defense (LOD), their impact on Branch Banking.
• The 3^rd Line of Defense (LOD); their impact on Branch Banking.
• Auditable Areas in the Branch Banking Strategic Line of Business (BBG Governance, Marketing, Sales, Products).
• Auditable Areas in Operations Servicing & Operations Control for the Branch Banking.
• Auditable Areas in Systems & Technology, eChannels, Digital business model, that impact Branch Banking.
• Determining the priority Auditable Units/Areas of the Bank.
• The Overall Objective for Auditing the Bank, based on BSP Circular / BSP MORB.
• Engagement Planning. High-level Scope of Audit, as prescribed by BSP Regulations.
• Development of risk-based Audit Strategy for Branch Banking. Customization of the Audit Program Guides for the focus areas identified in Audit Strategy.
• Assessing the Framework of Branch Banking Business/Strategic Objectives and related Risk Profile.
• Assessing the Branch Banking Governance and Ethical Culture set by the Board.
• Assessing the Risk Management Process being performed by the Branch Banking Organization.
• Assessing the Branch Banking Regulatory Compliance Culture.
• Assessing the Branch Banking Controls that Mitigate BBG’s Risk Profile.
• Independent Overall Assessment of the Adequacy of G-R-C Processes in Branch Banking.

 

TRAINING FORMAT. LEARNING ASSESSMENTS

A. Lecture and discussions, facilitated by experienced Resource Speakers, who may have the following profile.

1. Chief Audit Executive (CAE) of a bank; Audit Management with exposure to Branch Banking Audits for banks;
2. or Retired /Former Chief Audit Executive (CAE) and/or Retired /Former Chief Financial Officer (CFO) of banks;
3. SME-Speakers who have extensive experience in RBG/BBG audits and/or Corporate audits, as well as in banking fraud investigation engagements that pertain to RBG/BBG incidents

B. Learning Assessments, throughout this Course .

1. Provide a venue for sharing of learnings and insights, by the Participants with the Resource Speakers/Facilitators, during the face-to-face training sessions.
2. Provide a venue for Groupwork, during this Course .
3. Provide to Participants a link to BAIPHIL’s Online Assessment/Quiz at the end of the Course 1, that they have to take/answer, as a final documentation of the learning level of Participants.

 

SPEAKER’S PROFILE SUMMARY 

MS. EDEL MARY VEGAMORA, CIA, CRMA, FICD,

conferred with the CPA license in 1981.

PREVIOUS ROLES, across 40 years of service:

• Board of Director (Member)/BAIPHIL;
• Board of Director (Member) of ING Forex Corporation;
• Board of Director (Member) Sun Life Prosperity Funds; Sun Life Asset Management Corp.;
• President & Chairman of the Board of Directors / IIA-Philippines.
• Chief Financial Officer/ Bank of Commerce (San Miguel Corp. Group);
• Chief Financial Officer, Sun Life (Philippines) Corp.;
• Director of Finance / ING Bank-Philippine Branch (Universal Bank); ING Securities (PH),  ING Forex Corp.;
• Director of Regional Finance / Asia Pacific Division – Sun Life Assurance Co. of Canada;
• Controller, Philippine Savings Bank
• Chief Audit Executive (CAE) / RCBC Unibank;
• Chief Internal Auditor / BDO Unibank;
• Director of Audit / Asia Pacific Division – Sun Life Assurance Co. of Canada;
• Internal Audit Head / Philippine Savings Bank
• A Division Head of the Internal Audit Group / METROBANK (Unibank)
• Senior Consultant – Assurance – Banking / DMD & Co., CPAs.
• Director of Assurance – Banking / KPMG / LM & Co., CPAs.
• Tax Compliance Senior Manager/ Financial Auditor – Banking / SGV & Co., CPAs.

 

SCHEDULE

July 31 – August 1, 2025 (Thursday-Friday) 1:00 PM – 5:15 PM

 

TRAINING FEE PER PARTICIPANT

Member Institution – Php3,920.00

Non-Member Institution – Php5,040.00

*VAT inclusive

 

REGISTER HERE!