Treasury Governance and Compliance Training Course

Duration 10 days 18 modules · 65 contact hours
Level Intermediate Certificate on completion
Who attends Treasury Managers, Treasury Analysts and others
Fee from USD 2,200 KSh 190,000 for Kenyan organisations
Where 52 cities + online See dates by city
Next start 9 Nov 2026 Course code SD-TI-013

Before you join: Participants should have practical exposure to at least one treasury activity, such as cash positioning, bank administration, FX dealing, debt administration, investments, confirmations or treasury reporting.

Dates & prices

Two start dates a month in every city, and live online on weekdays or weekends. Fees are per participant; classroom fees include tuition, materials, lunch and refreshments, and the certificate.

Suggest a date or city

Showing the next six months. Later dates, other cities and private deliveries for your team are available on request.

Course overview

Treasury teams make high-value decisions on liquidity, funding, foreign exchange, investments, bank relationships and financial risk. Weak authority limits, unclear mandates, poor dealing controls or incomplete evidence can create losses, regulatory breaches, conflicts of interest and audit findings. Treasury governance must therefore define who may decide, transact, approve, monitor and challenge each activity, while preserving timely access to cash and markets.

This course develops the governance, ethics and regulatory knowledge needed to run controlled treasury operations. Participants examine treasury policy design, delegated authorities, segregation of duties, dealing mandates, counterparty approval, market conduct, conflicts of interest, sanctions, anti-money-laundering controls, valuation governance and regulatory reporting. They apply the FX Global Code, ISO 37301 compliance management principles, COSO Internal Control—Integrated Framework and relevant conduct expectations to realistic treasury situations.

Instruction combines focused briefings with bank, corporate, public-sector and NGO treasury cases. Participants assess control failures, review transaction evidence, resolve ethical dilemmas, test approval workflows and prepare management reporting. Each participant builds a treasury governance and compliance pack containing a policy structure, authority matrix, control register, conduct escalation process and assurance plan. The final capstone requires participants to present and defend their pack before a simulated treasury committee.

The course suits treasury professionals who already understand core cash, funding, FX or investment activities and now need stronger control, oversight and compliance capability. It is also valuable for finance control, risk, internal audit and compliance staff who review treasury activity or work with treasury policy owners.

What you will be able to do

  • Design a treasury governance framework with accountable owners, committees and decision rights
  • Draft treasury policies, dealing mandates and delegated authority matrices
  • Apply the FX Global Code to market conduct, order handling and communications
  • Assess treasury control design using the COSO Internal Control—Integrated Framework
  • Build a compliance risk register covering sanctions, AML, conduct and reporting obligations
  • Investigate conflicts of interest, misconduct indicators and policy breaches using documented evidence
  • Evaluate counterparty, bank and investment approvals against defined risk limits
  • Present a complete treasury governance and compliance pack to a treasury committee

Benefits of attending

For you

  • Produce defensible treasury policies and authority documents
  • Identify conduct and control failures before audit escalation
  • Handle ethical dilemmas using documented decision criteria
  • Lead more informed discussions with compliance, risk and internal audit
  • Build evidence for treasury control ownership and career progression

For your organisation

  • Clearer approval rights for funding, FX, investments and bank mandates
  • Fewer preventable dealing, payment and counterparty control failures
  • Better evidence for internal audit, external audit and regulatory review
  • Earlier identification of sanctions, conduct and conflict-of-interest risks
  • A practical governance pack ready for local adaptation and implementation

Course modules

18 modules over 10 days

Participants can define a treasury governance structure aligned to organisational objectives and risk appetite.

  • Treasury objectives linked to liquidity, funding, risk and capital priorities
  • Three lines model applied to treasury accountability and independent challenge
  • Board, treasury committee and management responsibilities mapped through decision rights
  • Risk appetite statements translated into treasury limits and escalation thresholds
  • Governance charters defining membership, quorum, agenda and decision records
  • Entity structures, shared services and regional treasury accountability arrangements

Participants can structure a coherent suite of treasury policies and supporting procedures.

  • Policy hierarchy separating board policy, standards, procedures and desk instructions
  • Scope statements covering entities, currencies, products and prohibited activities
  • Mandatory policy clauses for objectives, limits, approvals and reporting
  • Version control, policy exceptions and annual review ownership
  • Writing measurable requirements rather than ambiguous principles or aspirations
  • Cross-referencing finance, procurement, risk and compliance policies

Participants can create authority and segregation controls for treasury transactions.

  • Delegated authority matrix for borrowing, investing, hedging and bank mandates
  • Maker-checker controls from deal capture through settlement and accounting
  • Segregating front office, middle office, back office and accounting duties
  • Approval limits calibrated by tenor, instrument, counterparty and entity
  • Emergency authorities documented with retrospective review and expiry requirements
  • System access recertification linked to job roles and dealing mandates

Participants can identify and resolve ethical issues arising in treasury decisions and market interactions.

  • Treasury ethical principles: integrity, confidentiality, competence, objectivity and accountability
  • Conflicts register covering gifts, personal dealing, relationships and outside interests
  • Information barriers for price-sensitive, confidential and customer information
  • Speak-up channels, non-retaliation commitments and investigation intake procedures
  • Ethical decision model: facts, stakeholders, duties, options and documented rationale
  • Pressure scenarios involving cash shortfalls, covenant risks and management requests

Participants can apply market-conduct principles to FX dealing and communications.

  • FX Global Code principles governing ethics, information sharing and execution
  • Order handling rules for stop losses, fix orders and time-sensitive instructions
  • Pre-hedging boundaries, client expectations and documented communication requirements
  • Electronic communications retained under approved channels and retention schedules
  • Trade execution evidence: quotes, timestamps, rationale and dealer identity
  • Dealer voice recordings, chat surveillance and conduct monitoring indicators

Participants can establish risk limits and mandates that support controlled treasury activity.

  • Liquidity, FX, interest-rate and counterparty limits linked to risk appetite
  • Dealing mandates specifying authorised dealers, products, tenors and currencies
  • Limit utilisation reports distinguishing exposures, headroom, breaches and overrides
  • Hedging policy rules for forecast exposures, firm commitments and balance-sheet risks
  • Investment mandates defining permitted instruments, duration and credit quality
  • Breach escalation workflows with containment, approval, remediation and reporting

Participants can assess and approve banks, counterparties and investment providers under defined criteria.

  • Counterparty onboarding using legal, credit, operational and conduct due diligence
  • Bank scorecards covering service, financial strength, fees, technology and jurisdiction
  • Credit ratings, CDS indicators and financial statements in approval reviews
  • Counterparty concentration limits measured by exposure, maturity and legal entity
  • ISDA, CSA and account documentation tracked through approval checklists
  • Annual counterparty reviews triggered by downgrades, sanctions or service failures

Participants can embed financial-crime controls into treasury payment and banking processes.

  • Sanctions screening points across payments, counterparties, banks and beneficiaries
  • Beneficial ownership checks for counterparties, investment vehicles and intermediaries
  • AML red flags in unusual payment patterns and correspondent banking activity
  • Escalation procedures for potential matches, false positives and blocked funds
  • Payment purpose codes, supporting documents and audit trails
  • Financial-crime training records for authorised treasury and payment staff

Participants can evaluate transaction controls from initiation through settlement and accounting.

  • Trade lifecycle controls from initiation, confirmation, settlement and reconciliation
  • Independent confirmation matching using authenticated counterparty contact details
  • Settlement instructions verified through call-backs and standing settlement instructions
  • Daily bank reconciliations investigating aged, unusual and unreconciled items
  • Nostro account monitoring for balances, overdrafts, fees and unexpected movements
  • Payment fraud controls covering beneficiary changes and dual authorisation

Participants can specify governance controls for treasury systems, bank portals and data.

  • Role-based access controls mapped to approved treasury responsibilities
  • Privileged access reviews for administrators, delegates and temporary users
  • Treasury system change control with testing, approval and rollback evidence
  • Bank portal entitlements aligned to payment limits and signatory mandates
  • Master data governance for counterparties, bank accounts and settlement instructions
  • Cyber incident escalation affecting payments, trading access or treasury data

Participants can govern valuation, accounting and disclosure controls for treasury instruments.

  • Independent price verification for FX forwards, swaps and investment portfolios
  • Fair-value hierarchy evidence under IFRS 13 valuation requirements
  • IFRS 9 hedge documentation, effectiveness testing and discontinuation controls
  • Valuation adjustments for credit risk, liquidity and model uncertainty
  • Accounting close checklists for accruals, reconciliations and journal approvals
  • Debt covenant reporting controls, certification evidence and disclosure timetables

Participants can build a risk-based compliance process for applicable treasury obligations.

  • ISO 37301 compliance management principles applied to treasury accountabilities
  • Obligation registers linking legal requirements, owners, controls and evidence
  • Regulatory horizon scanning for payments, derivatives and market conduct changes
  • Jurisdiction mapping for cross-border cash pools and treasury centres
  • Compliance attestations supported by testing results and exception records
  • Engaging legal counsel where regulatory interpretation exceeds treasury authority

Participants can test treasury controls and report deficiencies with clear corrective actions.

  • COSO Internal Control—Integrated Framework used for treasury control assessment
  • Risk and control matrices linking objectives, risks, controls and evidence
  • Design effectiveness testing against policy requirements and process walkthroughs
  • Operating effectiveness sampling using populations, criteria and exception logs
  • Root-cause analysis using five whys and cause-and-effect diagrams
  • Remediation plans assigning owners, deadlines, milestones and validation evidence

Participants can manage treasury incidents from detection through investigation and closure.

  • Incident taxonomy covering fraud, policy breach, loss, error and near miss
  • Immediate containment actions for suspicious payments and unauthorised transactions
  • Evidence preservation for emails, system logs, recordings and confirmations
  • Investigation plans defining allegations, sources, interviews and reporting lines
  • Materiality assessments determining committee, auditor and regulator notifications
  • Lessons-learned reviews converting incidents into control and training changes

Participants can prepare governance reporting that enables informed oversight and challenge.

  • Treasury dashboard metrics for limits, breaches, controls and compliance actions
  • Key risk indicators distinguishing emerging concerns from confirmed control failures
  • Committee papers presenting decisions, alternatives, recommendations and residual risks
  • Assurance maps coordinating management testing, compliance reviews and internal audit
  • Audit issue tracking with risk ratings, ownership and closure validation
  • Board reporting that separates operational detail from material decisions

Participants can govern outsourced treasury services, providers and intercompany arrangements.

  • Outsourcing risk assessments for payment factories, dealing and cash management providers
  • Service-level agreements specifying controls, reporting, escalation and audit rights
  • Third-party due diligence covering resilience, security, conduct and subcontracting
  • Oversight meetings reviewing incidents, performance, breaches and remediation actions
  • Intercompany treasury service agreements defining charges, responsibilities and approvals
  • Business continuity requirements for banks, systems providers and payment agents

Participants can plan a practical programme for implementing treasury governance improvements.

  • Gap assessment comparing current arrangements with target governance requirements
  • Prioritisation matrix using risk, effort, dependency and control urgency
  • Implementation roadmap sequencing policy, systems, training and assurance changes
  • RACI chart assigning accountable, responsible, consulted and informed parties
  • Change communications tailored for dealers, approvers, executives and auditors
  • Success measures tracking adoption, exceptions, testing results and overdue actions

Participants can build, review and present a complete treasury governance and compliance pack for a defined organisation.

  • Treasury governance charter integrating committees, decision rights and escalation pathways
  • Policy suite outlining mandates, limits, conduct and compliance requirements
  • Authority matrix and risk-control register supporting transaction approval workflows
  • Compliance plan addressing sanctions, AML, conduct monitoring and attestations
  • Assurance calendar scheduling control testing, reviews and committee reporting
  • Committee presentation defending priorities, residual risks and implementation actions

Exercises and examples are adapted to each cohort's sectors and roles.

What you take back to work

  1. Treasury governance charter template
  2. Delegated authority matrix
  3. Treasury risk and control register
  4. Conduct and conflicts escalation checklist
  5. Compliance obligation register
  6. Treasury assurance and reporting calendar

Who should attend

  • Treasury Managers — responsible for controlled execution and treasury policy ownership
  • Treasury Analysts — preparing deals, forecasts, confirmations and control evidence
  • Finance Controllers — overseeing financial controls, reporting and delegated authorities
  • Risk Managers — assessing liquidity, market, counterparty and conduct exposures
  • Internal Auditors — reviewing treasury processes, controls and policy compliance
  • Compliance Officers — advising on sanctions, AML, conduct and regulatory obligations

Skills and tools covered

Treasury policy designConduct risk managementControl assessmentRegulatory complianceDelegated authoritiesTreasury assurance

Tools and standards

FX Global Code, ISO 37301 Compliance Management Systems, COSO Internal Control—Integrated Framework, IFRS 9 Financial Instruments

How the course runs

Training methodology

The instructor uses short technical briefings followed by structured case work, group analysis, document reviews and decision simulations. Participants test treasury policies against realistic payment fraud, unauthorised dealing, sanctions screening, valuation dispute and conduct scenarios. Teams analyse approval evidence, identify control gaps and prepare committee papers. Individual application planning connects course methods to each participant’s treasury mandate, systems, bank relationships and assurance calendar. Facilitated feedback focuses on defensible decisions, clear documentation and workable control ownership.

Requirements and prerequisites

Participants should have practical exposure to at least one treasury activity, such as cash positioning, bank administration, FX dealing, debt administration, investments, confirmations or treasury reporting. They should understand basic financial instruments, cash flow concepts and financial statement terminology. Experience with a treasury management system, bank portal or enterprise resource planning system is useful but not essential. The course does not require legal qualifications, prior internal audit experience, advanced quantitative modelling, programming skills or detailed knowledge of every jurisdiction’s regulation. Participants should bring examples of their current treasury policies or control issues where permitted.

A typical training day

08:30 – 10:30First session
10:30 – 10:45Refreshment break
10:45 – 12:30Second session
12:30 – 13:30Lunch and networking
13:30 – 15:00Third session
15:00 – 15:15Refreshment break
15:15 – 16:30Workshop and daily review

Live online deliveries follow the same structure in East Africa Time, with shorter screen blocks and longer breaks.

What the fee includes

  • Instruction by a practitioner facilitator
  • Full course workbook and materials
  • Exercise files, templates and case studies
  • Refreshments and lunch on classroom deliveries
  • Certificate of completion
  • Post-course application plan

Frequently asked questions

Participants need working familiarity with at least one treasury process, such as payments, cash management, FX, debt, investments or bank administration. The course explains governance and compliance methods without assuming legal or internal audit qualifications.

Bring a laptop for working on templates and, where permitted, non-confidential examples of treasury policies, approval matrices, audit findings or recurring control issues. No specialist software is required.

It is designed for treasury managers, analysts, controllers, risk managers, compliance staff and internal auditors with responsibility for treasury activity. It is most useful for people moving into policy ownership, oversight or assurance roles.

Cash management and financial risk courses focus mainly on forecasting, funding, liquidity and hedging decisions. This course focuses on the rules, authorities, conduct standards, evidence and assurance processes that govern those decisions.

Participants can use the policy, authority, control and compliance templates to review their current treasury arrangements. The governance pack provides a structured starting point for discussions with finance leadership, risk, compliance and internal audit.

Each day runs from 08:30 to 16:30 and provides about 6.5 contact hours. The first part develops governance documents and core controls; the later part covers assurance, incidents, third parties and a final capstone presentation.

Questions about this course?

Ask about dates, fees, group bookings or running it for your team. Our training team replies by email.

Ask on WhatsApp info@skillsetdevelopment.com

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