In business, Risk is one of those things we can't ignore, so we have to learn how to mitigate and manage the liability. To do this, we need to learn the basics, understand its impact and improve our overall industry knowledge. Get a clear understanding of all risks involved in Factoring & Receivables Finance through a course from the FCI Academy. We offer online courses and a broad online certificate to help you better understand the risks in the industry. Discover our risk-centralised e-learning courses below. Each course opens on 4 January 2023. Registrations close on 23 December 2022.
Risk Management in Receivables Finance
The Certificate of Risk Management in Receivables Finance aims to enhance the skills and support professionals dealing with Seller & Buyer monitoring.The program is primarily aimed at professionals belonging in risk management, compliance & operations teams, dealing on a daily basis with seller & buyer risk assessment and monitoring. The program syllabus includes four (4) e-learning courses:
- Foundation Course on Factoring
- Seller Selection & Control Course
- Buyer Risk Control Course
- Dispute Prevention & Handling Course
FCI Seller Selection & Control course is one of the basic courses as it is addressing all elements that factoring professionals come across during their daily tasks of controlling seller risks. Along with the standard principles of seller selection & control, it highlights the fraud concept, the most important risk in factoring & receivables finance. It is a “must-study” course for all! It is complemented by the “Buyer Risk Control” & the “Dispute Prevention & Handling” courses, providing a complete understanding of all risk elements in Factoring & Receivables Finance business. This course is suitable for employees working in the international department, sales department, client management department, collection & operation department as well as in the risk monitoring department.
Buyers in Factoring constitute the largest number of companies in a Factor’s portfolio. Although they are not financed, our decisions for financing the seller depend almost exclusively on their financial performance & payment behavior. This course is focusing on the important task of correctly assessing buyers, so that factors may feel safe before financing sellers. It is complemented by the “Seller Selection & Control” & the “Dispute Prevention & Handling” courses, providing a complete understanding of the risk elements in Factoring & Receivables Finance business. This course is suitable for employees working in the international department, sales department, client management department, collection & operation department as well as in the risk monitoring department.
A dispute in factoring, either small or big, has a direct impact on a seller-buyer relationship and, consequently, on a factor, increasing considerably his risk exposure. Disputes may occur anytime but, in many cases, the factor could detect them earlier by applying effective controls. This course focuses on the disputes causes & impacts but also stresses on the actions & policies a factor can implement to avoid them. The course is complementary with the “Seller Selection & Control” & the “Buyer Risk Control” courses, providing a complete understanding of all risk elements in Factoring & Receivables Finance business. This course is suitable for professionals working in the international department, sales department, client management department, collection & operation department as well as in the risk monitoring department.
Discover more
- Explore our wide range of online courses and certificates by clicking here.