Financial Risk Management in Practice
|Course Name||Financial Risk Management in Practice|
October 12, 2013 - October 19, 2013
“JP Morgan Trading Losses May Reach $ 9 Billion”
“UK's Big 4 Banks Agree to Settlement Over Swaps Scandal”
“Spain Requests $ 77 Billion in Bailout Funds”
“Risky Bank Behavior is Growing: BIS”
Four years after the 2008 financial crisis - the worst financial crisis since the Great Depression - the world faces far worse uncertainties and danger with the potential. One in a million event (Eurozone debt crisis, massive trading losses) seems to happen more frequently than ever. In this world of extreme uncertainties, risk management can no longer be divorced from the underlying business activities. Those who thrived in this crisis are organizations with superior risk management practices. Hence, risk management has evolved from being a compliance matter to a source of competitive advantage.
Further, far reaching regulatory reforms from Basel III to Dodd Frank…new accounting requirements under IFRS 9 are expected to radically change the strategic business models of financial institutions.
This course goes beyond the usual introductory risk management course and highlights the theory and practice of financial risk management for financial institutions. This course will discuss the application and limitations of modern risk measurement tools in the area of market risk, credit risk, and liquidity risk.
Note to FRM Candidates: This course is an overview of the FRM curriculum. This will include practical spreadsheet applications of risk measurement concepts.
|Who should attend||
In this present crisis, everyone in an organization is a risk manager. This course is recommended for individuals involved in the following functions:
This course is particularly suitable for those who are in financial institutions and publicly listed corporations facing numerous financial risks. This course may also be taken by prospective FRM and PRM exam candidates as a pre-course to gain a comprehensive and solid background of risk management. FRM is the gold standard certification in risk management. Being a certified FRM will provide you the opportunity to be a globally recognized financial risk practitioner.
I. Creating value with risk management
A. The changing nature of risk: a review of the 2008 financial crisis
II. Market risk management
A. Defining market risk
III. Balance sheet risk management
A. Introduction (S&L Crisis, Equitable Life Case, Metallgesellschaft Case)
IV. Credit risk management
A. Introduction to credit risk
V. Operational risk management
VI. Emerging issues in risk management
A. How Basel III will change the risk landscape
VII. Integrated risk management
|Mr. John Philip Te||
is currently a Vice President of the Structured Solutions Group of a global Dutch Bank.