Day 1 An Introduction To Risk Management
- Covering the concepts, theories and systems involved in current day risk management methodologies. Provide a broad grasp and introduction to this five-day intensive course.
Including:
- What is risk and why worry about it?
- What are the key risk types?
- Overview of current and future risk management issues
Market Risk Management
Understand the concept of market volatility and impact to your business. Included in the topic is detail on the definition of market risk, key sources of market risk, identifying market risk sensitivity and other market triggers and influences.
Market Influences
- Liquidity and volatility
- Interest rates
- Foreign exchange
- Term structure
Measuring Market Risk
- Value at Risk (VaR)
- Methods of calculating VaR
- Choice of method
Managing Market Risk
- Hedging
- Synthetics
- Portfolio management
- Stress Testing
Day 2 Use Of Market Risk Models
- The entire day will introduce you to various market simulations and toolsets which will help you in evaluating market risk and determining risk strategies.
- Use of Excel in market risk models
- Case Studies and simulations
Credit Risk Management
- Define credit risk and the type of risks that are common and methods of assessing these risks.
Types Of Risk
- Default risk
- Settlement risk
- Counter party risk
Assessing Credit Risk
- Direct risk assessment
- Portfolio risk assessment
Various Other Assessment Models
- Credit ratings
- Measuring credit risk
- Use of credit derivatives in risk management
- Credit enhancement
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Day 3 Operational Risk Management
Understanding operational risk and how your business monitor and protect itself from this risk. Overview of how we capture data from across the enterprise to identify these internally focused risks.
- Monitoring operational risk
- Quantifying operational risk
- Data problems
Political And Sovereign Risk
- Define these risks and how do they manifest.
- Why monitor this risk?
- Measuring political and sovereign risk
- Practical effects of political and sovereign risk
Day 4
Other Common Risks
Broad corporate, enterprise and market risk factors that impact operations, governance and compliance requirements
- Legal risk
- Accounting risk
- Tax risk
- Other risk
Developing And Implementing Risk Standards
Understanding your organisation's risk profile and protecting your organisation from risk. An overview on finding a balance between being risk-adverse - which can materially constrain your operation versus taking too great of risk.
- Finding the right balance between risk and reward for your organization
- Identifying and solving communication breakdown between front and back office to maximize risk control
Day 5
Practical Assessment Exercises
The final day encompasses learning from the four previous days into a workshop- learning model, along with the introduction of specific tools, simulations and case studies to assist in risk assessment and risk mitigation.
- Use of models to assess several risks
- Excel simulations
- Determine how assessment relates to asset
- or business portfolios
- Case studies