Chrome Consultants

Risk Management and Implementation

Programme description & objectives

This intense five-day training course heightens the participants’ attention to various issues at the forefront of risk management and implementation. It explains why risk management is becoming the key priority for governments, banks, and private corporations. Delegates to this program will partake in a practical and hands-on course that covers: - Understanding the role of risk management department, schedule of risks and risk management framework. - Measuring market risk to understand the weaknesses and limitations of VAR. How to use the new market risk valuation techniques. - Constructing credit spread and default risk using derivatives. - Managing credit portfolio and how to analyze the new paradigm. - Understanding how departmental risk is being assessed and managed. - Real-time liquidating risk management. - Applying financial instruments (derivative and non-derivative) to manage treasury risk. - Exploring the latest revaluation, guidelines, pitfalls and what next? - Developing a properly focused management information structure to promote risk awareness and control.

Venues, Dates & Cost

VenuesDublinLondonDubaiEdmonton (CAN)Lagos/Abuja
DatesTBDTBDTBDTBDTBD
Cost$3,900 per participant (USD)(=N=)

For Whom

  • Global Heads of Operational Risk, Heads of Operations, Heads of Risk Management, Heads of Audit, Operational Risk Analysts, Group Risk, Risk & Contingency Managers, Finance Directors, Compliance/Internal Auditors
  • Risk Control Consultants
  • Government Agencies dealing with Risks, as well as bodies regulating Risk Areas
  • Insurers, Brokers, Loss Adjusters

Introduction and Overview

  • Foundations
    • What is Risk Management?
    • Process of Financial Risk Management and Implication
    • Classification of Risks
    • Market Risks and the affecting factors
    • Foreign Exchange Risk
    • Interest Rate Risk
    • Equity Price Risk
    • Credit Risk
    • Operational Risk & other Risks (Liquidity and Systemic)

Risk Management Department & Framework

  • Organization & structure
    • The Role of a Risk Management Department, Schedule of Duties, and Risk Management Framework
    • Risk Management Organizational Structure and Functions (Key Responsibilities)

Measuring Market Risk

  • Market risk tools
    • An outline of Value at Risk (VaR)
    • How Reliable is VaR and Critics of VaR?
    • Case Profile – Merrill Lynch
    • Managing Market Risks in Trading Book – Practical Consideration

Credit Risk Management

  • Credit risk techniques
    • Credit Risk Measurement
    • Credit Risk Management
    • Applying VaR principle to Credit Control
    • Managing Credit Risk in Loans Portfolio – Practical Consideration

Operational Risk Management

  • Operational & other risks
    • Controlling Operational Risk Measurement
    • Other aspects of Operational Risk Management
    • Quantifying Operational Risk – Latest Modelling Techniques
    • Available Derivatives Instruments to Manage Financial Risk: Practical Applications

Regulatory Requirements

  • Basel II Accord
    • Basel II requirements
    • Three Pillars framework
    • Capital Adequacy Requirement (CAR) Detailed Calculation (Basel Requirement) – CAR for Financial Institutions Risk Management

Liquidity Risk Management

  • Liquidity & crisis lessons
    • Risk Measures and Methodology
    • Relevance and Practical Considerations
    • Lessons learned from the current crisis

Risk Reporting & Governance

  • Integration & reporting
    • Risk Management Organization and Relationship with Internal Audit and Compliance
    • Risk reporting classification
    • Format for various types of risk reporting