FINANCIAL REGULATION & RISK MANAGEMENT

ADVANCED CREDIT MANAGEMENT & DEBT RECOVERY

This course will provide experienced lenders with the necessary skills to increase the profitability of loan portfolio by mitigating the potential risks. Read more or download course brochure

ADVANCED LIQUIDITY RISK, STRESS TESTING & FUNDS TRANSFER PRICING

An in-depth, three-day examination of practical requirements for liquidity risk management, including a detailed step-by-step approach to stress testing and extensive coverage of liquidity funds transfer pricing (LFTP). The course includes case studies, hands-on exercises and “war stories”. Best practice and regulatory requirements are covered in detail. Sample reports and worksheets included, which delegates can take away to use in the office. Read more or download course brochure

ADVANCED RISK MANAGEMENT

Master the latest techniques to control and manage credit risk, market risk and operational risk. This programme is designed to help participants achieve a proficient level in discussing and evaluating ways and means for effective credit, market and operational risk management and the implementation of necessary controls. New concepts, norms and solutions for risk management will be presented. Practical applications examples and case studies will be utilised throughout the course. Read more or download course brochure

ANTI-MONEY LAUNDERING

Practical analysis of anti-money laundering legislation and implementation.The Anti Money Laundering course is designed for AML compliance officers, BSA analysts, risk managers, AML consultants, people who are new to AML compliance, or experienced AML officers looking to expand their knowledge, in order to advance in their institutions. Our Anti Money Laundering course is the foundation you need to build a robust AML compliance program. Upon completion of the program, participants will have an understanding of essential topics, such as: Read more or download course brochure

ASSET & LIABILITY MANAGEMENT FOR BANKS & FINANCIAL INSTITUTIONS

The essential training programme for all professionals who wish to expand or refresh their knowledge of current asset/liability techniques. This highly intensive programme provides the perfect balance between theory and practice, focusing on all the key methodologies employed within ALM as a discipline. It will provide you with a practical insight into industry standard techniques and topical regulatory issues. Read more or download course brochure

BANK RISK MANAGEMENT (INCLUDING BASEL II & III WORKSHOP)

This course is available as a 5 day comprehensive course.  As a result of the recent banking crisis in the West, the Accord has evolved into what was called Basel II.5 and is now called Basel III. These significant changes to the Accord, and how they will impact on the business model of your bank, will be discussed in detail. Financial institutions have been formally managing their risks from inception. But the perception of risk management is fundamentally changing within these institutions. No longer is it seen purely as a control mechanism – but as a critical input into the basic business question: am I earning enough revenue out of this transaction to compensate me for the additional risks I am taking on?  This concept permeates all the leading financial institutions. This requires the banks to allocate regulatory capital against the major components of risk, using either regulatory or, more likely, internal models. In the current economic downturn, many financial institutions lost large amounts of money and had to be assisted by governments. Was this a failure of risk management, and if so, why? This course will discuss what happened, and how some institutions actually came out of the credit crisis with enhanced reputations. The DFRC Bank Risk Management School is designed to provide delegates firstly with a high-level overview of modern risk management, including a breakdown of the new Accord and a comparison with the old one. This is then followed by an in-depth examination of the techniques and management structures used to assess and to control risk, including a detailed discussion on the implementation of Value-at-Risk, which is becoming the de facto standard for measuring risk across all the major classes: market, credit and operational. Read more or download course brochure

BASEL III & NEW BANK CAPITAL RULES

This expert course will update you on the following areas: The recent amendments to Basel applied to the definition of capital. Regulations for market, credit, counterparty and liquidity risk.  Stress testing for various risk measures including how to formulate and articulate stress tests. The likely effects of Basel III on the international banking industry, including demonstrations of its practical application. Read more or download course brochure

BUILDING, BACKTESTING & STRESS TESTING INTERNAL RISK FRAMEWORKS

Many banks continue to struggle with how to evaluate whether their risk management framework is working effectively. This course attempts to address this problem by guiding participants through the process of developing, validating and stress testing their bank’s internal risk modelling frameworks. The recent global crisis has called into question the accuracy, quality and consistency of internal risk rating and modelling functions. At the same time, external ratings have proven unreliable in respect of benchmarking and pricing—particularly in emerging markets. Now more than ever banks must acquire the means of leveraging risk management for gaining a competitive advantage; however, for risk assessment capabilities to be useful they must prove accurate and reliable. This course begins by discussing how to risk assessment frameworks for market, credit and operational risk can be structured in line with Basel requirements—even if a bank operates within a market where Basel II/III is yet to be enforced. The course then explores the various modelling techniques, with emphasis placed on evaluating portfolio risk exposure. Participants are then shown how to formulate stress tests as well as how to re-evaluate portfolio exposure to carve out strategic alternatives for risk management under stress. Read more or download course brochure

BUSINESS CONTINUITY & DISASTER RECOVERY PLANNING

Organizations are under the constant risk of business disruption from internal and external threats, which may lead to suspension of mission-critical processes. In this course you learn how to implement a Business Continuity Management System to improve organizational resilience. Read more or download course brochure

BUSINESS CONTINUITY PLANNING

The purpose of this course is to assist participants in understanding the substance and role of Business Continuity Management and Business Continuity Planning within a financial institution’s risk management. Business Continuity Management (BCM) refers to the process of ensuring continuous business operation and survival in the face of disruption. In this course we discuss how each of the components of these ultimately can be formed within an organization, looking first at their outline and second at exercises intended to demonstrate their implementation. In particular, we focus on how the financial institution’s operational risk management function—which is generally charged with setting forth the strategy for mitigating and moderating risk exposure—will work alongside the BCM function so as to forge a process by which events can be managed without destroying the institution. Read more or download course brochure

CAPITAL MODELLING  & CAPITAL MANAGEMENT

Understand in detail how regulatory and economic capital interact in the post credit crunch world. The course in capital modelling and management with DFRC explains in great detail how regulatory and economic capital interact in the post credit crunch world. The course shows how capital requirements are modelled and how these capital requirements can be managed under the existing and likely new regulations. Throughout the course, the focus will be on the Basel regime and its future developments. The training approach is highly practical and features a combination of lectures and structured workshops will give delegates a detailed understanding of capital modelling and management  in the current and likely future frameworks. Read more or download course brochure

CORPORATE CREDIT ANALYSIS & FINANCIAL MODELLING

The aim of this course is to teach delegates how to analyse corporate credit risk and how to assess an appropriate return. Through every business cycle, banks and other financial institutions lose billions of dollars as a result of their failure to analyse credit risk correctly. Even if these institutions do not suffer direct financial losses due to default / market movements, they may be receiving an inadequate return for the risks involved. Given the increasing use of leverage by both the private and public equity markets, these issues are becoming even more relevant than before. The aim of this course is to teach delegates how to analyse corporate credit risk and how to assess an appropriate return. This course does not extend to the analysis of banks, insurance companies or structured vehicles. Read more or download course brochure

COUNTERPARTY CREDIT RISK: THE IMPACT OF CVA, BASEL III, FUNDING & CENTRAL CLEARING

Counterparty credit risk and CVA have become key concepts since the outset of the global financial crisis. This course will focus on counterparty credit risk and credit value adjustment (CVA). A thorough overview of CVA and all related aspects will be given and the quantification and management of CVA will be covered in detail. Topics such as wrong way risk and DVA will be addressed and practical approaches will be considered. There will be a review of valuation (OIS discounting) and funding issues and their relationship to counterparty risk. The impact of regulation, most notably CVA VAR and the impact of central counterparties will be covered. The course will use many quantitative examples, all of which will be available to participants in spreadsheet form. It will also feature new research on several aspects, including CVA and collateral, and wrong way risk. Read more or download course brochure

CREDIT RISK MODELLING & MANAGEMENT

A practical guide to the best strategies and techniques for effective credit risk management, including the latest critical regulatory developments. Starting with an analysis of the credit risk of a single counterparty and transaction-based models, this course moves on to describing the models for evaluating a portfolio of counterparties. During the second part of the course, credit rating systems are explained, followed by the models used in the context of portfolios of counterparties and portfolio optimisation and performance. The objective of this workshop is to cover the key theoretical aspects of credit risk and credit derivatives along with practical application and modelling techniques. Not only will you gain a deeper understanding of the principles of a range of credit risk models and major credit derivatives but also their pricing structure, methodologies and implementation. Read more or download course brochure

EFFECTIVE CREDIT RISK MANAGEMENT

A practitioner’s guide to model development. An intensive look at best practice in market risk management, the common pitfalls and how to avoid them. This course also covers what VAR is good for and the future of regulatory and economic capital calculation for market risk. Managing risk effectively, going beyond the basics of measurement and policy. Read more or download course brochure

ENTERPRISE RISK MANAGEMENT MASTERCLASS

Organisations are experiencing an increased concern and focus on risk management. The challenge for management of both private and public organisations is to determine how much uncertainty to accept as it strives towards achieving the organisation’s objectives and delivering value to its stakeholders. The solution to this challenge is the establishment of an Enterprise Risk Management (ERM) system and processes that effectively identify, assess, and manage risk within acceptable levels. The COSO Enterprise Risk Management – Integrated Framework is designed to provide best practice guidance for management of businesses and other entities to improve the way they are dealing with these challenges. COSO – ERM integrates various risk management concepts into a framework in which a common definition is established, components are identified, and key concepts described. This enables COSO to provide a starting point for organisations to assess and enhance their Enterprise Risk Management. The practical hands-on training workshop is designed for managers, professionals, consultants, internal and external auditors that deal with the complexities of organisational risk management function on a daily basis. The objective is to provide attendees with the necessary perspective, knowledge and skills to understand the risks and benefits of Enterprise Risk Management and learn how the COSO – ERM framework enables organisations and management to: Read more or download course brochure

FUNDAMENTALS OF RISK MANAGEMENT

This is an intensive training on all aspects of risk management. This course has been designed to cover fully and clearly explain the theory and practice of risk management at an introductory level, with its emphasis and focus on understanding the principles of risk management and the more complex tools used by the experts. In particular, it will cover different types of risk such as credit, market and operational; the main risk measurement and management tools; and key criteria for implementing effective risk controls, procedures and regulatory processes. Read more or download course brochure

INTEGRATED RISK MANAGEMENT MASTER CLASS

This intensive course is designed to meet the demands of the risk professional by bridging the gap between theory and practice in financial risk management. This year's course includes a day specifically dedicated to counterparty and enterprise risk management. This program is designed to develop the knowledge and understanding of risk management practices for those advancing their careers in financial risk management. The foundations apply across all sectors: banking, insurance, asset management, hedge funds, energy, securities, regulation/supervision and more. Read more or download course brochure

INTRODUCTION TO BASEL III

Getting to grips with proposed regulatory changes and their potential implications. This thorough introduction to Basel III proposals aims to help you understand the practical impacts of the Basel lll proposals and consider how these can be best implemented. Basel lll seems set to be rolled out as planned and it is critical to stay abreast of the proposed changes in order to be prepared for what the future holds. In this course, we will look at the development of the Basel Accords and specifically the proposed changes under Basel lll.  We will look at how these changes will affect current practices and the organisation of business and its controls. Read more or download course brochure

MASTERING MODEL RISK & STRES TESTING

A comprehensive guide to the mechanics of modern model risk management. Understand why market risk models have performed so badly recently and how to improve them See what a derivatives pricing model does and doesn't tell you and how to control the risks around using one Update yourself on regulatory requirements for market, credit and operational risk stress testing Learn how to manage valuation risk effectively Work through detailed case studies on the use of stress testing to reveal portfolio sensitivities that are concealed by VAR Understand what this means for economic capital calculations. Read more or download course brochure

MASTERING SOVEREIGN RISK ANALYSIS

Limiting your company’s exposure to government debt and maximising profit. What if governments can't meet their ever increasing debt obligations? With the turmoil spreading throughout the financial markets, the issue of sovereign risk is a pertinent subject. It is also key to understand the important role of the central banks, particularly the CBN. Attend this course and return to work with the ability to: Read more or download course brochure

MEASURING & MANAGING LIQUIDITY RISK

Understand the best practice methods for measuring and managing liquidity risk in today's market environment. This course provides a detailed introduction to the measurement and management of liquidity risk. Liquidity risk is fundamental to the management of any financial operation, identifying the risk that a financial asset cannot be sold or financed at the expected price. The best known example is a bank with long-term loans which suffers a loss of confidence leading to the withdrawal of demand deposits. Current market orientated examples are given throughout providing an insight into practical liquidity management techniques. Read more or download course brochure

OPERATIONAL RISK & BUSINESS CONTINUITY MANAGEMENT

This course will give participants a practical insight into mitigating, reducing and avoiding enterprise-wide operational risk in financial institutions. You will learn how to design efficient internal control mechanisms that help to prevent mismatching of trades and tracking errors, and apply data integration methods to centralise and clarify management information systems. The purpose of this course is to assist participants in understanding the substance and role of Business Continuity Management and Business Continuity Planning within a financial institution’s risk management. Business Continuity Management (BCM) refers to the process of ensuring continuous business operation and survival in the face of disruption. In this course we discuss how each of the components of these ultimately can be formed within an organization, looking first at their outline and second at exercises intended to demonstrate their implementation. In particular, we focus on how the financial institution’s operational risk management function—which is generally charged with setting forth the strategy for mitigating and moderating risk exposure—will work alongside the BCM function so as to forge a process by which events can be managed without destroying the institution. Read more or download course brochure

OPERATIONAL RISK MANAGEMENT BOOTCAMP

The Operational Risk Management course is designed to deliver a deep, practical understanding of operational risk management frameworks and measurement methodologies in financial institutions. Delegates will be better prepared to implement meaningful risk assessment initiatives, produce useful risk management information and understand basic modelling techniques for operational risk measurement. Read more or download course brochure

OPERATIONAL RISK MANAGEMENT

Gain a unique practical insight into mitigating, reducing and avoiding enterprise-wide operational risk in financial institutions. This course will give participants a practical insight into mitigating, reducing and avoiding enterprise-wide operational risk in financial institutions. You will learn how to design efficient internal control mechanisms that help to prevent mismatching of trades and tracking errors, and apply data integration methods to centralise and clarify management information systems. Read more or download course brochure

PRACTICAL STRESS TESTING & ICAAP MODELLING IN SIFIs UNDER BASEL STANDARDS

The recent financial crisis reminded the financial community including the regulators, of the continuing significant weaknesses in the capital adequacy measurement, risk management processes, and technology relied upon by financial services firms. As a result, there is greater awareness and renewed emphasis on the benefits of stress testing and ICAAP globally and how it might help firms to test and take certain management actions in order to survive future stressed scenarios. This course explores the key components of Stress Testing and its implementation, namely Pillars II and III Requirements of the Basel Accord, Best Practices in Stress Testing, Liquidity Stress Test, Business Sustainability and alignment with Basel III and the key components of ICAAP and its implementation, namely Risk Governance, including Risk Appetite, Capital Adequacy, Enterprise Stress Testing, Capital Allocation and Planning, Use Test and the Reporting Process. Read more or download course brochure

PRACTICAL VALUE-AT-RISK MODELLING

Newly revised in the light of the global financial crisis, this course provides up-to-date VaR analysis. Covering both empirical research and practical methodology, this intensive training course will provide you with the knowledge and skills to evaluate different models for VAR calculation; examine the benefits of stress-testing; calibrate and implement Monte Carlo simulation techniques; use VAR for capital allocation, trading limits and risk control. You will also learn how to apply optimal techniques for integrating credit and market risk into VAR and successfully price and hedge default-prone securities and derivatives. Read more or download course brochure

RISK EXECUTIVES ACADEMY

Executive and board level development for current and aspiring Chief Risk Officers.The purpose of this course is offer Chief Risk Officers, Directors of Risk and Heads of Risk at large companies and financial institutions an overview of best-practice in relation to their roles within their companies. Participants will learn how to develop the entire risk structure within an organization and how to restructure an existing one. This includes their learning how to guide their boards in the creation of an effective board risk committee equipped with a risk charter and appropriate functions. This also includes participants learning how to define their own roles and the roles of their subordinates in relation to the board, the CEO and other executive functions. Participants will learn how to design and staff their risk functions with the right people, possessing the right skills—even learning how to deal with consultants, temporary and interim staff as well as expatriate executives. The course then takes participants on the journey through understanding what CROs need to know, how they should interact with the executive committee (EXCO) and CEO on a regular basis, what compliance initiatives they should understand, what tools and techniques they will need to grasp and what initiatives they will need to undertake to be effective and superlative in their roles. Read more or download course brochure

RISK MANAGEMENT 101: A SYSTEMIC OVERVIEW OF MARKET RISK MANAGEMENT

The purpose of this Master Class is to give a systematic overview of market risk management. It will cover the various techniques to measure market risk and discuss their uses, strengths and weaknesses. It will provide practical insights into the design and evaluation of market risk systems. Participation in this Master Class will benefit risk management practitioners, portfolio managers and other capital markets professionals, as well as members of regulatory bodies and advisory firms who seek to increase their knowledge of market risk management. The Master Class will explain how to design and build risk management systems as well as discuss insights into their applicability and weak spots. Read more or download course brochure

SCHOOL OF RISK MANAGEMENT

The essential training programme for all risk management professionals.This is a residential training course specially constructed to provide risk management professionals with an unrivalled understanding of the mechanics and techniques essential for success in today’s volatile marketplace. Over five intensive days, you will benefit from indepth market focused tuition designed to optimise your skills and increase your effectiveness within all aspects of risk management. This unique training programme will provide you with the opportunity to receive 1-to-1 training from our expert faculty. Read more or download course brochure

SCHOOL OF TREASURY PRODUCTS & RISK MANAGEMENT

A complete one-stop guide to the entire spectrum of treasury products and their applications.  Equip yourself with the skills and knowledge to manage risk, allocate funds effectively and increase shareholder value. This state of the art training programme will provide you with the opportunity to receive 1-to-1 training from our expert faculty. You will have the time you need to understand the wide array of financial products on offer and hands on experience of how they work in practice. Covering both empirical research and practical methodology, this intensive training course will provide you with the knowledge and skills to evaluate different models for VAR calculation; examine the benefits of stress-testing; calibrate and implement Monte Carlo simulation techniques; use VAR for capital allocation, trading limits and risk control. You will also learn how to apply optimal techniques for integrating credit and market risk into VAR and successfully price and hedge default-prone securities and derivatives. Read more or download course brochure