:Module One
An Introduction To Risk Management
?a) What is risk and why worry about it
?b) What are the key risk types
c) The evolution of risk management thinking
d) Risk principles
e) Overview of current and future risk management issues
f) Enterprise wide risk management
g) Integrated and holistic risk management principles
h) Application and implementation within an organization
i) The risk culture versus the risk process
Exercise – Risk Register
This section will introduce you to the concept of risk identification and the construction techniques for the establishment of a risk register
:Module Two
Risk Exposures And Major Categories
Categories Of Risk
a) Market risk management and market influences
b) Liquidity and volatility
c) Interest rates
d) Foreign exchange
e) Operational risk
f) Liquidity risk
g) Solvency risk
Tools For Identification And Management
a) Value at Risk (VaR) – calculation and use
b) The concept of hedging
c) Use of synthetics and markets
d) Portfolio management as a risk tool
e) Stress testing
f) Risk models discussion and overview
Exercise
You will examine and comment on case studies to enhance your ability to identify risk and develop appropriate strategies. Individual and group exercises will be practiced
:Module Three
Operational Risk Management
a) Basel and the development of operational risk
b) The three pillars of management
c) Capital allocation for operational risk management techniques
d) Capital allocation models
e) Monitoring operational risk
f) Quantifying operational risk
g) Data issues and knowledge management
:Group Exercise
You will examine and comment on case studies to enhance your ability to identify risk and develop appropriate strategies
:Module Four
Strategic Risk Management
a) The families of risk
b) Strategic versus operational, versus tactical risk
c) Understanding and applying risk management within your organization
Political And Sovereign Risk
?a) What are these risks and how do they manifest
?b) Why monitor this risk
c) Measuring political and sovereign risk
d) Practical effects of political and sovereign risk
e) International implications of risk management
Risk Linkages And Value Added
a) Broad corporate, enterprise and market risk factors that impact operations, governance and compliance requirements
b) Business continuity management
c) Quality management
d) Corporate governance
e) Compliance
Identifying And Implementing Risk Standards
Risk, reward and regret The gulf between data and wisdom
Review of world standards
UK – Europe - USA
Other global standards
Exercise
You will examine and comment on a case study presented within a structured setting and solutions will be offered
:Module Five
The final module encompasses issues from the four previous days into a workshop learning model. You will finalize your model risk register and toolkit
:Group Exercise
Tasks will be issued on an individual and team basis that will confirm your skills and ability to apply risk management techniques
Exercises will consist of team discussion of case studies and individual comments on practical risk problems
Final Examination
The final examination will be in a Multiple-Choice format