This three day course will give participants a chance to critically review key elements of their company treasury function and the means by which to add value and enhance efficiency. You will learn about current best practices, supported with real-life case studies.

This course is interactive in nature with discussions based on real case studies and participation from the audience is encouraged

Learning Objectives:

At the end of this session, participants will be able to:

• Demonstrate solid understanding of how and why carefully deployed treasury practices can add value
• Explore different ways and means to improving treasury efficiency
• Discuss internal control and whether treasury risks and control processes are adequate

Course Outline

• Risk Management
• Risk/reward
• Investor expectations
• Risk tolerance
• Risk appetite
• Risk budgeting
• Risk capacity
• KRIs/KCIs/KPIs
• Risk framework
• Treasury role in risk management
• Treasury policy and procedures
• Benchmarks, reporting
• Delegation of authority
• Treasury Committees (or Risk Management Committee)
• Financial risks of trading
• Transaction
• Pre-transaction
• Economic
• Responses
• Opportunity cost
• Speculation
• Financial risks of ownership
• Interest rate risk
• Translation risk
• Financial risk
• Instruments
• Cash Management
• Concepts
• Banking tools, pooling, netting
• Bank systems, reporting
• Forecasting
• SWIFT
• Financial Mathematics
• Interest rates
• Forward pricing
• Equivalence in interest rates
• The yield curve
• Investing Surpluses
• Understanding counterparty/credit risk
• Credit ratings
• Risk/reward
• Security/liquidity/yield
• The yield curve
• Market participants
• Instruments
• Treasury Security and Control Fundamentals
• Scope of treasury activity
• What risks does the treasury run?
• Fraud/unauthorized transactions
• Business continuity
• Treasury design
• Reporting
• Systems
• Independent audit/review
• Segregation of responsibility
• Roles and responsibilities
• Authorization and limits