Short Master in SOS and Transaction Monitoring

Overview
In today's rapidly evolving financial landscape, businesses must stay vigilant against suspicious transactions and fraudulent activities. The Short Master in SOS and Transaction Monitoring is designed to equip professionals with the necessary skills and tools to monitor, detect, and report suspicious activities. With the increasing complexities of financial transactions, this program helps ensure compliance with regulatory standards and minimizes risks. Whether you're working in compliance, finance, or risk management, this training will offer you practical solutions for real-time monitoring and investigation.

Objectives
By the end of this program, participants will:

• Develop a strong understanding of SOS (Suspicious Operating Systems) and its importance in transaction monitoring.
• Learn to identify suspicious transaction patterns using advanced analytics and reporting tools.
• Gain expertise in global regulatory frameworks and compliance requirements related to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF).
• Master the process of setting up effective monitoring systems for early detection and reporting of fraudulent activities.
• Improve skills in analyzing financial data for irregularities and creating detailed transaction reports.

Outline
The program is structured into key modules that cover both theoretical concepts and practical applications:

• Module 1: Understanding SOS and its Role in Financial Transactions
  Gain insights into the fundamental principles of suspicious operating systems and how they aid in monitoring transactions.

• Module 2: Systems for Monitoring Transactions
  Find out about the features, best practices for implementation, and operation of automated transaction monitoring systems.
  
  Module 3: Reporting and Regulatory Compliance
  Recognize the global AML and CTF regulatory standards, as well as the responsibilities of financial institutions.
  
  Module 4: Techniques for Data Analysis and Detection
  Examine cutting-edge data analytics techniques that are used to identify questionable activity and guarantee prompt reporting.
  
  Module 5: Useful Applications and Case Studies
  Examine actual instances of transaction monitoring and fraud detection, concentrating on risk-reduction tactics.

Target Group
This program is ideal for:

• Financial professionals working in compliance, risk management, or fraud prevention.
• AML officers and auditors who are responsible for monitoring and reporting transactions.
• Managers and executives overseeing transaction systems and ensuring adherence to regulatory standards.
• Data analysts and IT professionals specializeed in financial system integrations and monitoring.

Program Cost

• 5-day training program: €3700
• 10-day training program: €6500

This program is available on different dates upon request to meet the needs of diverse professionals.

Organizers
The Short Master in SOS and Transaction Monitoring Program is organized by the Geneva Institute of Business Management in partnership with renowned European institutions.