Banking business and indeed most corporate endeavours are loaded with risks and uncertainty. The ability to navigate through this volatile terrain is a function of training and experience. This is the course for core finance practitioners in banks, insurance, discount houses, corporate treasury, government treasury functions, stock broking houses, asset management companies, financial regulators etc.

Learning Objectives

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

• Identify many types of risk prevalent in their business
• Demonstrate the skill to conveniently handle such risk and even profit from such risks
• Prevent blind risk-taking

Course Outline

• Risk Management vs. Risk Measurement
• What Are Risk Management and Risk Measurement
• Systemic vs. Idiosyncratic Risk
• Risk, Uncertainty, Probability
• What Is Risk
• Risk Measures
• Randomness and the “Illusion of Certainty”
• Probability and Statistics
• Managing Risk
• What Is Risk Management
• Manage People
• Manage Process
• Manage Technology, Infrastructure, and Data
• Understand the Business
• Organizational Structure
• Overview of Regulatory Issues
• Managing the Unanticipated
• Strategy
• Financial Risk Events
• Systemic vs. Idiosyncratic Risk
• Systemic Financial Events
• Measuring Risk
• What Is Risk Measurement
• Typology of Financial Risks
• Introduction to Quantitative Risk Measurement
• Methods for Estimating Volatility and VaR
• Analyzing Risk
• Risk Reporting
• Credit Risk
• Risk Measurement Limitations