• Course Synopsis
• Course Agenda
• Faculty

Accommodation

If required, Premier will be happy to arrange hotel accommodation.

RISK MANAGEMENT FOR PROFESSIONALS - COURSE AGENDA

Day 1: Enterprise Risk Management

• What is risk management?
• Types of risk
• How do risks vary?
• Risk appetite (personal and corporate)
• Key measures of risk (including VAR)
• The responsibilities of the risk management function
• Regulatory and economic capital
• Insurance and risk management
• The BIS and risk management
• Risk policies and procedures
• Strategic risk
• Reputational risk
• Outsourcing and risk management
• Strategic and tactical risk management

Case Study: Calculation of risk appetite

Case Study: Development of metrics and application to business units

Case Study: Consideration of personal risk appetite

Case Study: Review of board structures

Case Study: Development of a risk register

Case Study: Key roles in the area and a comparison to global standards

Day 2: Market Risk

• The different constituents of market risk
• Implementing controls, limits and thresholds
• Reporting excesses and authorised deviations
• Dealing with derivative instruments
• Value at risk calculations
• Trading book reports
• Sensitivity analysis
• Stress testing market risk
• Scenario modelling market risk
• Strategic and tactical risk management

Case Study: Calculation of key market risk indicators

Case Study: The risk management of complex instruments

Case Study: What goes wrong in practice

Day 3: Liquidity Risk

• The management of liquidity risk
• The key elements of uncertainty
• The real liquidity of asset types
• Limits, thresholds and uncertainty
• Basel and liquidity risk
• Sensitivity analysis
• Stress testing
• Scenario modelling

Case Study: Discussion on the benefits and results of ALM management

Case Study: What happens when an institution or market is under stress?

Case Study: Consideration of the movement of capital and impact on business lines.

Day 4: Credit Risk

• The risk management of credit risk
• The role of the credit committee
• The use of rating agencies
• Default risk using historic information
• Personal and corporate credit assessment
• Credit risk management
• The IRB approach and use test
• Limits and thresholds
• Sensitivity analysis
• Stress testing
• Scenario modelling

Case Study: Consideration of the use of ratings within a credit risk management structure.

Case Study: Review of possible stress events

Case Study: How to make credit risk management forward looking.

Day 5: Operational Risk

• What is operational risk?
• The identification of operational risk
• The key parts of operational risk
• Developing an operational loss database
• The requirements of the Advanced Measurement Approach
• Developing key risk indicators
• Using external loss data
• Developing key risk indicators

Case Study: Internal loss data and its uses

Case Study: Review of specific cases

Case Study: Scenario modelling

Case Study: Developing key risk indicators and thresholds

Risk Management for Professionals

Course Venue: London EC2

4 Ravey Street
London EC2A 4QP
t: +44(0)20 7729 1811
f:+44(0)20 7729 9412
information@premiercs.co.uk