Agency Banking

In this Agency Banking training course, you'll gain a comprehensive understanding of the role and scope of agency banking. Discover the benefits and learn how to develop and implement effective Agency Banking Models and Controls to mitigate risk and enhance efficiency. Participants will not only expand their knowledge but also refine their analytical and practical banking skills.

By the end of this Anderson training course, delegates will be able to:

• Devise an Agency Banking Model for practical implementation
• Identify, assess and manage risks
• Devise an Internal Financial Model
• Reconciliation Agency Transactions
• Establishment of agency banking relationship

This Anderson training course is designed for those that have a practical knowledge of the banking sector, who have been involved in their organization’s financial management or who wish to broaden their professional technical skills, specifically in the banking industry:

• Accountants who wish to understand the scope of agency banking
• Financial managers who wish to gain a better understanding for the strategic implementation of agency banking
• External auditors who wish to develop their technical skills and compliance
• Internal auditors who wish to understand how they can add value
• Any other professional who wish to broaden their technical background

• Introduction and scope of the training program
• Definition of agency banking
• Typical activities
• Prohibitions
• Typical structures
• Agency banking in the world

• Industry analysis
• Risk analysis
• Risk management
• Money laundering
• Consumer protection

• Key roles and responsibilities of financial institution
• Identifying and implementing appropriate controls
• Establishment of agency banking relationship
• Assessment of agents
• Supervision of agents

• Settlement of transactions
• Technology requirements
• Accounting policies
• Reconciliation of transactions
• Management & Financial reporting

• Strategic analysis to determine model and market
• Developing a roadmap for agency banking
• Implementation of best practices
• Practical implementation in the organization
• Conclusion

Anderson Certificate of Completion will be provided to delegates who attend and complete the course