Regulatory Change Management - Product Implementation Courses
Course Overview:
The MetricStream Regulatory Change Management (RCM) product provides a centralized framework to aggregate regulatory content from many trusted content sources, including external subscription data and freely available data sources. It provides the capability to triage regulatory alerts, determine applicability and impact to the organization and issue remediation.
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Level |
Advanced |
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Content |
6.5 Hours |
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Practice |
4 Hours |
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Q&A with MSU |
2 Hours |
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Pre-Requisites |
Familiarity with Regulatory Compliance |
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Certification Awarded* |
MetricStream Certified Regulatory Change Management Implementation Associate |
Learning Objectives:
The training is focused on making trainees understand the features, process, workflows, and functionalities of the Regulatory Change Management Product. At the end of the training, practice and certification, trainees will have knowledge on how to implement and perform basic configurations on the RCM product which includes knowledge on:
§ Product Functionality & Use Case - Workflow Usage
o Understand how to navigate the app
o Create and/or upload regulatory content
o Create and approve Library Content
o Subscribe to Regulatory alerts and feeds
o Monitor, Triage and Review regulatory developments
o Review and monitor the impact of regulatory changes
o Work on regulatory tasks
o Log, approve, manage, monitor, and close issues
§ Product Configuration
o Configuration Workbooks
o Updating RCM LOVs
o Updating RCM Data Tables
o RCM Configuration Parameters
§ Product/Use Case Setup, User Management & Basic Administration
o Create Channels, Adhoc Alert, Content Rules
o Subscribe to channels
o Perform Data Upload
o Provision/Deactivate Users
o RCM Role Activities & Objects
o Map Users to RCM Org-Role Pairs
Practice & Facetime with Instructor:
Once you start the course, please reach out to MSU at [email protected] to get a practice instance allocated. Upon completion of course content and sufficient practice, reach out to your MSU instructor for your 2 hr Q&A session to clarify and address any open questions.
Certification (Optional):
To be certified, you need to score a minimum of 75% on both the objective and practical assessment. You are allowed a maximum of 2 attempts to pass the certification tests. Please reach out to the instructor once you are ready for assessment. The maximum duration allowed for appearing for assessment is 2 weeks from the course assignment date.
Course content
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Lesson Overview and Navigation
Regulatory Change Management provides a centralized framework to aggregate regulatory content from many trusted content sources, including external subscription data and freely available data sourc...
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Lesson Libraries/Compliance Repository
Libraries/Compliance Repository helps you build and structure laws and regulations that are relevant for the organization or business unit.
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Lesson Regulatory Alerts/Regulatory Changes
The Regulatory Alerts/Regulatory Changes helps you identify best sources that provide feeds on ongoing regulatory developments and changes, for example, regulator websites, law firms, consulting fi...
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Lesson Regulatory Development
The Triage Analysts perform first level of triage, determine applicability, and set the scope for impact analysis for applicable regulatory or GRCIntelligence alerts. Use the Regulatory Developm...
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Lesson Impact Analysis
As a lead auditor or audit manager, you can initiate different types of surveys to gather information about policies and procedures. To request for documents that specify the scope of audit, and...
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Lesson Regulatory Tasks
The Triage Analyst assigns the survey response plan to relevant subject matter expert to document impact analysis response notes for applicable regulatory developments. The subject matter experts p...
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Lesson Issues
The Issues module supports the identification and evaluation of issues as well as case investigation and tracking leading to an elaborate remediation or corrective action process.
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Lesson RCM Product Setup
Use the Setup page to set up and manage repository of channels (content sources) that allows you to monitor and triage regulatory change updates from various content sources such as RSS Feeds, Emai...
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Lesson RCM Product Configuration
This unit covers configuration topics enabling you to populate configuration workbooks, updating LOVs and Data Table on forms and defining workflow parameters.
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Lesson RCM Product Administration
This unit will enable you to provision, deactivate and map users to various roles in the RCM app.
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Lesson RCM: Enhancements
Recent enhancements in Regulatory Change Management
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Lesson RCM Practice
Please reach out to your trainer for credentials to the practice instance before starting this unit.
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Lesson Assessment and Certification
Thank you for completing the course. Kindly reach out to your instructor at [email protected] for access to the following certification assessments: Participants are required to comple...