Addressing Training Issues Before They Become a Problem
Download now!
Many consent orders can be avoided with proper training.
In the financial services industry, it is up to organizations to understand the risks to their business and to ensure staff is trained appropriately on relevant compliance issues they will face in their roles. Without proper training, the organization runs the risk of being out of compliance and can risk being assessed consent orders and fines which can damage their reputation.
In this article, BAI addresses how organizations can provide comprehensive training throughout their business with the help of the BAI Learning Manager. BAI’s learning management software can help organizations monitor the regulatory environment and adjust training as necessary with several helpful tools and features including:
- Regulatory monitoring to keep track of new and updated regulations.
- Course assigning and tracking functionality to easily assign relevant courses to the correct user groups and monitor course performance among those groups.
- Engaging materials to keep learners interested in their assignments and build a culture of compliance.
- Detailed completion reporting to document course assignments and comprehension data for easy reference during examinations.
To learn more about how the BAI Learning Manager can help your organization thoroughly train employees, download BAI’s article "Addressing Training Issues Before They Become a Problem" today!