The Trust Audit, Compliance, and Risk Management curriculum serves at the forefront of the industry in areas of risk analysis, approaches to auditing, and the elements of a compliance/risk management program related to fiduciary administration, investment management, and process services. Regulators and compliance professionals interact together learning to identify fiduciary risks, the significance of non-compliance, as well as how to recognize and effectively deal with trust audit and compliance issues. The emphasis of this curriculum is on fiduciary regulation, oversight requirements, and performance impact. 

The Trust Audit, Compliance, and Risk Management curriculum is consistent in complexity and designed to build in content from one course to the next leading towards the Certified Fiduciary Investment and Risk Management Specialist®.

Trust Audit, Compliance, and Risk Management I

This course begins a three-part series that addresses the needs and requirements of trust audit, compliance, and risk management professionals.  

Areas of Study Include: 

• Industry Overview
• Laws, Regulations, and Rules: Federal and State
• Property Law
• Personal Trust and Agency Administration

Trust Audit, Compliance, and Risk Management II

This course is the second course in the three-part series. Participants must have successfully completed Trust Audit, Compliance, and Risk Management I before registering for this course. 

Areas of Study Include: 

• Principles of Audit, Compliance, and Risk Management
• Brokerage Operations
• Insurance Products and Services
• Securities Marketplace
• Types of Securities
• Portfolio Management

Trust Audit, Compliance, and Risk Management III

This course is the final course in the three-part series. Participants must have successfully completed Trust Audit, Compliance, and Risk Management I and II before registering for this course. After completion of this course, participants are prepared to take the CFIRS® designation exam.  Note, there is an application process for the CFIRS® designation.

Areas of Study Include: 

• Retirement Plan Administration
• Assessment of Risk Management
• Securities Operations
• Regulatory Review
• Corporate Trust and Agency Services