You will study the holy trinity of the risk management framework, the identification of risk, the quantification of risk and the management of risk within risk appetite and market constraint.
You’ll appreciate the concept of “whole entity” risk management. Integration of risk as a core process within all spheres of activity is vital – you’ll examine issues of governance, organisational structure, IT platforms, staffing, training and compensation.
You'll return to work able to:
The course begins with an overview of risk and return in banking and finance and how these are intimately linked with the economy and monetary policy. You’ll look at regulation with case studies and examples of Basel III / IV regulatory calculations, then focus on the specifics of market risk across assets classes, stressing the intimate relation with liquidity risk and its constraints. Hedging and risk control tools are extensively discussed, including securitisation
techniques for balance sheet management and ALM. You’ll study credit risk, credit evaluation and the impact of default correlation as a major risk factor for tail risk. You’ll move onto
operational risk and its overlap with all other risk areas and tackle liquidity risk.
Case studies and exercises ensure you make the transition from theory to practice with outstanding success.
Course programme at a glance
Dr. Andrew Street was formerly Head of Arbitrage and Head of Equity and Commodity Derivatives at Mitsubishi Finance
Intl (now Bank of Tokyo-Mitsubishi). Before moving to Mitsubishi he was Head of Equity Derivative Trading at Nomura International and Senior Equity Derivatives Trader at Paribas Capital Markets.
Maximilian Hall is Professor of Banking and Financial Regulation at Loughborough University.
One of the best I have ever attended. The course presented a wide range of topics, many of them technical yet accessible, by means of clear examples and thanks to the very good communication skills of the speakers