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Institute For Oil & Gas Training
OGI-1191 New

Payment Controls & Treasury Governance: Authorisation Frameworks Training Course

Duration
5 days
CPD hours
15
Language
English
Next date
12 Oct 2026
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Overview

Payment Controls & Treasury Governance is a specialised corporate training course from Institute For Oil & Gas Training designed for finance, treasury, accounting, procurement and control professionals responsible for protecting payment processes across oil and gas organisations. The course develops practical capability in payment controls and treasury governance, with particular focus on delegation of authority for payments, dual authorisation, payment approval matrix design and bank mandate management.

Oil and gas organisations operate payment environments involving joint ventures, contractors, suppliers, service companies, employees, governments, project partners and international banking relationships. These payment flows create a control environment where treasury governance must operate consistently across corporate offices, operating entities, projects and shared service functions. Weak approval structures, outdated bank mandates, insufficient segregation of duties and inadequate verification of vendor bank details expose organisations to financial loss, operational disruption and control failures.

The Payment Controls & Treasury Governance course addresses the practical controls required to establish disciplined payment governance from payment initiation through authorisation, bank transmission, settlement and reconciliation. It examines how payment approval matrix structures align authority levels with transaction values, risk categories, business units and organisational responsibilities. Delegation of authority for payments is examined as an operational control rather than simply an administrative document, ensuring that payment rights are clearly assigned, reviewed and maintained.

The course also addresses dual authorisation and segregation of duties within treasury operations. Participants examine how independent approval can reduce the risk associated with unauthorised transactions, fraudulent payment instructions and inappropriate changes to payment data. Bank mandate management is covered in detail, including the governance of authorised signatories, account access, mandate reviews, changes in personnel and removal of obsolete permissions.

Modern payment environments require controls extending beyond traditional approval processes. Vendor bank detail verification is therefore examined as a critical control over supplier master data and payment instructions. Participants explore procedures for validating requests to change bank account information and for establishing independent verification channels before amendments are accepted.

Payment fraud and business email compromise represent important threats to organisations that rely on electronic communications and high-value payment processes. The course explores practical preventive and detective controls covering payment initiation, email-based instructions, vendor communications, account changes, exception handling and escalation. It also examines positive pay as a bank-supported control mechanism for identifying potentially unauthorised cheque transactions where applicable.

Payment file integrity is another important area of treasury governance. Participants examine controls that protect payment files from unauthorised alteration between creation, approval and transmission. The course considers access controls, file validation, approval workflows, transmission security and reconciliation procedures across treasury technology environments.

Host to host connectivity is addressed within the broader payment control framework. Participants explore how automated bank connectivity affects payment governance, user access, transmission controls, file authentication, operational monitoring and exception management. The focus remains on maintaining strong governance while increasing automation and reducing manual intervention.

The course is designed around the realities of corporate oil and gas treasury environments. It connects policy requirements with practical payment processes, enabling participants to understand how governance frameworks translate into daily treasury controls. It also considers the interaction between treasury, accounts payable, procurement, information technology, internal audit, compliance and operational management.

Institute For Oil & Gas Training delivers this course as a practical professional development programme for organisations seeking stronger control over corporate payments, banking relationships and treasury processes. Participants work through realistic scenarios involving payment approvals, bank account changes, authority conflicts, suspicious payment instructions, payment file controls and treasury access rights.

The programme also supports stronger alignment between treasury policy and operational practice. A well-designed control framework requires more than documented procedures. It requires clear ownership, appropriate authority, independent review, controlled system access, effective monitoring and disciplined escalation. These principles are developed throughout the course so participants can apply them within their own organisational structures.

Objectives

  • Establish effective payment controls across corporate treasury environments

  • Apply delegation of authority for payments consistently across transaction types

  • Design and maintain a practical payment approval matrix

  • Implement effective dual authorisation procedures

  • Strengthen segregation of duties within payment processes

  • Establish stronger bank mandate management practices

  • Review and control authorised banking users and signatories

  • Apply effective vendor bank detail verification procedures

  • Identify indicators associated with payment fraud and business email compromise

  • Strengthen controls over payment instruction changes

  • Assess the role of positive pay within applicable payment environments

  • Protect payment file integrity throughout the payment lifecycle

  • Understand governance requirements associated with host to host connectivity

  • Strengthen payment transmission and authentication controls

  • Improve exception management and escalation procedures

  • Establish stronger reconciliation and monitoring practices

  • Improve coordination between treasury, procurement, accounts payable and information technology

  • Identify weaknesses within existing payment control frameworks

  • Develop practical responses to suspicious or unauthorised payment activity

  • Support continuous improvement of treasury governance arrangements

Training methodology

Institute For Oil & Gas Training uses a practical, corporate-focused delivery methodology built around real-world treasury situations encountered by oil and gas organisations.

Case Studies

Participants analyse realistic payment control scenarios involving supplier payments, bank mandate changes, approval conflicts, payment exceptions and suspicious payment requests. Case studies demonstrate how individual control weaknesses can combine to create wider treasury exposure.

Payment Control Simulations

Practical simulations allow participants to examine payment workflows from initiation to bank transmission. Exercises focus on approval sequencing, dual authorisation, segregation of duties, payment validation and exception management.

Treasury Governance Exercises

Participants review sample governance structures and develop appropriate control responsibilities for treasury, accounts payable, procurement, finance management and banking teams. These exercises reinforce the relationship between authority, accountability and operational control.

Business Email Compromise Scenarios

Real-world scenarios demonstrate how fraudulent payment instructions can appear within legitimate business communications. Participants examine verification procedures, escalation requirements and independent confirmation practices.

Payment Approval Matrix Exercises

Participants assess transaction categories and authority levels to understand how a payment approval matrix supports controlled decision-making. Exercises address transaction values, organisational roles, delegated authority and independent approval.

Bank Mandate Workshops

Participants examine bank account governance, authorised signatories and access rights. Practical exercises focus on maintaining accurate mandates and removing obsolete access following organisational or personnel changes.

Payment File Integrity Reviews

Participants work through payment file control scenarios involving file creation, approval, transmission and reconciliation. The exercises highlight the importance of access controls, validation and controlled transmission.

Group Discussion and Peer Analysis

Participants compare treasury governance practices across different organisational structures and operating environments. This creates opportunities to identify control gaps and develop practical improvements without relying on theoretical instruction alone.

Organisational impact

Strong payment governance protects the financial infrastructure that supports oil and gas operations. Institute For Oil & Gas Training enables sponsoring organisations to develop personnel who understand how payment controls operate as an integrated governance framework rather than as isolated approval procedures.

Stronger Financial Control

Clear delegation of authority for payments establishes defined responsibility for approving transactions. A structured payment approval matrix helps organisations align approval requirements with transaction values, business responsibilities and risk considerations.

Reduced Payment Fraud Exposure

Effective verification procedures provide additional protection against fraudulent payment instructions. Vendor bank detail verification strengthens controls over supplier account changes, while independent confirmation procedures help challenge suspicious requests before funds are released.

Stronger Protection Against Business Email Compromise

Business email compromise frequently exploits weaknesses in communication and payment processes. Strengthening verification, escalation and approval procedures gives treasury and finance teams a clearer framework for challenging unusual payment requests.

Better Bank Account Governance

Bank mandate management provides greater visibility over authorised signatories and banking access. Regular review of mandates helps organisations maintain appropriate authority and remove obsolete permissions when responsibilities change.

Improved Payment Processing Discipline

Consistent payment controls establish clearer responsibilities between payment initiation, verification, approval and transmission. This reduces ambiguity and supports more disciplined treasury operations.

Stronger Payment File Integrity

Payment file integrity controls help protect payment instructions during preparation, approval and transmission. Organisations benefit from clearer access management, validation procedures and monitoring across automated payment environments.

Controlled Treasury Automation

Host to host connectivity supports automated payment transmission, but automation requires appropriate governance. Participants develop a clearer understanding of the controls required around system access, payment files, transmission and reconciliation.

Better Cross-Functional Coordination

Payment governance involves treasury, finance, accounts payable, procurement, information technology, internal audit and management. A common understanding of responsibilities supports more effective coordination between these functions.

Improved Audit Readiness

Documented authority structures, approval records, bank mandates, verification procedures and payment controls provide stronger evidence of governance. This supports more consistent internal review and control monitoring.

Stronger Operational Continuity

Clear payment responsibilities reduce dependency on informal knowledge held by individual employees. Defined approval routes, controlled mandates and documented procedures support continuity when personnel or organisational responsibilities change.

Personal impact

Participants develop practical skills that support their responsibilities across treasury, finance and payment operations.

Treasury Governance Capability

Attendees gain a structured understanding of how payment governance operates across the full transaction lifecycle. They develop stronger capability in authority management, payment controls and banking governance.

Payment Risk Awareness

Participants learn to recognise control weaknesses associated with payment instructions, supplier bank changes, approval processes and electronic transmission. This supports more effective identification and escalation of unusual transactions.

Stronger Decision Making

The course develops the ability to assess payment authority, approval requirements and control exceptions using defined governance principles. Participants gain greater confidence when handling complex payment decisions.

Improved Banking Relationship Management

Professionals responsible for corporate banking relationships strengthen their understanding of bank mandates, authorised users, payment channels and connectivity controls.

Greater Cross-Functional Effectiveness

Participants develop a clearer understanding of how treasury interacts with procurement, accounts payable, finance, information technology and internal audit. This supports more effective collaboration around payment governance.

Career Development

The skills developed through the course support professional responsibilities in treasury operations, cash management, financial controls, accounts payable governance, corporate banking and finance risk management.

Practical Control Improvement

Attendees leave with a stronger ability to identify weaknesses in payment workflows and translate governance principles into practical operational controls.

Who should attend

  • Treasury Managers and Treasury Professionals — responsible for payment governance, banking relationships, cash operations and treasury controls.

  • Finance Managers and Financial Controllers — responsible for financial authorisation, payment oversight and internal control frameworks.

  • Accounts Payable Managers and Supervisors — responsible for supplier payments, payment validation and vendor bank information.

  • Cash Managers — responsible for cash movements, banking processes and payment execution.

  • Treasurers and Assistant Treasurers — responsible for treasury governance, banking structures and payment risk management.

  • Finance Directors and Senior Finance Leaders — responsible for financial control frameworks and corporate payment oversight.

  • Procurement Professionals — involved in supplier onboarding, vendor master data and supplier banking information.

  • Internal Audit Professionals — responsible for reviewing payment controls, treasury processes and governance arrangements.

  • Risk and Compliance Professionals — involved in financial crime prevention, control monitoring and payment risk.

  • Financial Systems and ERP Professionals — responsible for payment workflows, access controls and system-based treasury processes.

  • IT Security and Technology Professionals — involved in host to host connectivity, system access and payment transmission security.

  • Accounts and Finance Team Leaders — responsible for supervising payment processing and approval procedures.

  • Joint Venture Finance Professionals — involved in payment governance across shared operating and financial structures.

  • Oil and Gas Project Finance Professionals — responsible for financial transactions supporting projects, contractors and operating activities.

Course outline

This module establishes the governance principles required to control corporate payment activity. It focuses on authority allocation, accountability, segregation of duties and the design of payment governance structures appropriate for oil and gas organisations.

  1. COSO Internal Control Framework

    • Provides a recognised framework for designing and evaluating internal control systems

    • Supports control activities, risk assessment and monitoring

    • Helps organisations establish defined responsibilities and control accountability

    • Provides principles relevant to segregation of duties and payment authorisation

    Learning Outcomes

    • Structure effective payment governance responsibilities

    • Apply delegation of authority for payments

    • Develop appropriate approval controls

    • Strengthen segregation of duties

    • Assess payment governance weaknesses

    • Establish clearer accountability across payment processes

This module focuses on the governance of banking authorities and supplier payment information. Participants examine how bank mandate management and vendor bank detail verification support controlled payment execution.

  1. FATF Recommendations

    • Establish international principles for combating money laundering and related financial crime

    • Support risk-based approaches to financial controls

    • Provide relevant context for customer and transaction risk management

    • Reinforce the importance of controls surrounding financial transactions

    Learning Outcomes

    • Strengthen bank mandate management procedures

    • Establish controlled processes for banking authority changes

    • Improve vendor bank detail verification

    • Identify weaknesses in supplier payment information

    • Apply stronger controls to bank account change requests

    • Improve escalation procedures for suspicious payment instructions

This module addresses threats affecting payment processes and develops practical controls for detecting and preventing fraudulent transactions. The focus includes payment fraud and business email compromise, verification procedures and positive pay.

  1. ISO 37001 Anti-Bribery

    • Provides requirements for an anti-bribery management system

    • Supports structured controls around financial transactions and organisational responsibilities

    • Reinforces governance, risk assessment and control procedures

    • Provides a recognised framework for strengthening anti-bribery controls

    Learning Outcomes

    • Identify common payment fraud indicators

    • Recognise business email compromise risks

    • Strengthen independent payment verification

    • Apply positive pay controls where relevant

    • Improve suspicious payment escalation

    • Integrate fraud awareness into treasury procedures

This module examines controls over electronic payment files and automated bank transmission. Participants explore how payment file integrity is protected from creation through approval and transmission, including environments using host to host connectivity.

  1. SWIFT Customer Security Controls

    • Provides recognised security controls for financial messaging environments

    • Addresses secure access and operational security

    • Supports stronger protection of financial messaging infrastructure

    • Provides principles relevant to payment transmission security

    Learning Outcomes

    • Protect payment file integrity

    • Identify risks within electronic payment workflows

    • Strengthen controls around host to host connectivity

    • Improve payment transmission governance

    • Apply appropriate access controls

    • Establish stronger monitoring and exception procedures

This module integrates the course principles into a practical payment control framework. Participants examine monitoring, reconciliation, control testing, exception reporting and continuous improvement across treasury operations.

  1. ISO 27001 Information Security

    • Provides a recognised framework for information security management

    • Supports controls over access, information protection and security governance

    • Provides principles relevant to protecting payment information and systems

    • Supports structured management of information security risks

    Learning Outcomes

    • Establish stronger payment monitoring procedures

    • Improve payment reconciliation controls

    • Develop effective exception reporting

    • Review treasury access and authority controls

    • Strengthen payment control testing

    • Integrate continuous improvement into treasury governance

Certificate

Attendees receive a Certificate of Completion from Institute For Oil & Gas Training upon successfully finishing the course. Participants are required to attend the course in full to receive the Certificate of Completion.

Course dates

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £4,400

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £4,400

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £4,400

  • Europe

    Middle East

    Asia

    Africa

    North America

    Online

    Fee: £4,400

Fees include tuition, course materials and refreshments. Need different dates or a different city? Ask about your preferred date.

Frequently asked questions

What does the Payment Controls & Treasury Governance course cover?

The course covers payment governance, delegation of authority for payments, dual authorisation, payment approval matrix design, bank mandate management, vendor bank detail verification, payment fraud, business email compromise, payment file integrity and host to host connectivity.

Who is the course designed for?

The course is designed for treasury, finance, accounts payable, procurement, internal audit, risk, compliance, banking and financial systems professionals working within oil and gas organisations.

How is the course delivered?

Institute For Oil & Gas Training uses case studies, payment control simulations, treasury governance exercises, business email compromise scenarios, group discussions and practical payment workflow analysis.

Does the course address payment fraud and business email compromise?

Yes. The course examines payment fraud and business email compromise through practical scenarios covering suspicious payment instructions, vendor bank detail changes, independent verification, escalation and payment approval controls.

What certificate do attendees receive?

Attendees who complete the course receive a Certificate of Completion from Institute For Oil & Gas Training. Full attendance is required to receive the certificate.

Next: 12 Oct 2026

4 dates available

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