Redcliffe Training Associates

Risk Management

Redcliffe Training Associates
Inhouse

£ 2001-3000
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Important information

Typology Short course
Methodology Inhouse
Class hours 6h
Duration 1 Day
Start Different dates available
  • Short course
  • Inhouse
  • 6h
  • Duration:
    1 Day
  • Start:
    Different dates available
Description

This course is for those seeking to learn more about risk management. At the end of the course, delegates should be comfortable with the need for, and the techniques of, risk identification and quantification. They will understand the various roles of management, front office, middle office & support within an organisation's treasury.

Participants should also be conversant with the concepts of control that are used to contain treasury risk within the parameters defined by the organisation.

Some of the topics which will be covered include the aspects of risk, such as normal/abnormal market risk and hidden exposures. Participants will also learn about product liquidity and house liquidity risk and how to manage risk with traditional and integrated control concepts.

This course will also tackle different strategies, including hedging and the principle of efficient frontiers. Participants will delve into interest rate exposure analysis and will be looking at the validity of yield curve analysis, the zero-coupon curve, "omega" risk analysis and VaR techniques. The course will also touch upon foreign exchange exposure analysis, including transaction and competitor risks.

Important information

Documents

Facilities (1)
Where and when
Starts Location
Different dates available
Inhouse
Starts Different dates available
Location
Inhouse

What you'll learn on the course

Risk Management
Finance
Credit/Counterparty
Hidden Exposures
Product Liquidity
Central Bank Guidelines
Risk Tolerance
Hedging
Efficient Frontiers
VAR Techniques
Transaction Risks

Teachers and trainers (1)

Former Practitioner
Former Practitioner
Contact us for details enquiries@redcliffetraining.co.uk

Course programme

Course Content:

Risk Management Defined

  • The roles of the treasurer, management, support and middle office
  • The historic development of risk management
  • The development of new technology.

Aspects of Risk

  • Credit / counterparty
  • Normal market risk
  • Abnormal market conditions
  • Hidden exposures
  • Product liquidity
  • House liquidity risk


Concepts of Control

  • Defining and measuring the risk - throughout the organisation.
  • Traditional methods of control
  • Integrated control concepts.
  • Banking book vs trading book
  • Central Bank guidelines
  • Case studies comparing traditional methods and newer techniques
  • Accounting and regulatory issues.
  • CAD / BIS issues.


Defining the Strategy

  • Risk tolerance
  • Hedging needs
  • The principle of efficient frontiers


Setting Limits

  • Counterparty related
  • Market related
  • Simplicity vs accuracy


Interest Rate Exposure Analysis

  • Gap analysis
  • Duration and convexity: their uses as a measure of risk exposure.
  • The validity of yield curve analysis
  • The zero-coupon curve.
  • "Omega" risk analysis
  • Basis risk
  • Overview of VAR techniques


Foreign Exchange Exposure Analysis

  • Transaction risk
  • Pre-transaction (budget) risk
  • Translation risk
  • Economic risk, including competitor risk.

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