Risk Management

RISK MANAGEMENT

Risk management is recognized as an essential tool to tackle the inevitable uncertainty associated with business and projects at all levels. This professional course will enhance the understanding of those who must deal with regulators, board members or senior management. The financial institutions and investors use the framework to assess market risk, liquidity risk, price and operational risk; hence this course would certainly help them out to a great extent.

 

OBJECTIVES:

    • To provide sheer learning experience related to risk management
    • Understand how risks are categorized, quantified, monitored and managed
    • Leaning of Risk management strategies and tools
    • Understand the system and procedures needed to track, monitor and manage the risks

RISK MANAGEMENT

CONTENT

Overview

  • Hierarchy of risk

Chapter 1:  Introduction

  • The Revolution in Risk Management
  • Principles of Risk Management
  • Importance of Risk Management in Financial Market
  • Various Aspects of Risk Management
  • How to create a Risk Management Plan?
  • Evaluation of a Risk Management Plan
  • Risk Management as a Profession

Chapter 2: Financial Risks

  • Business Risk
  • Credit Risk
  • Market Risk
  • Liquidity Risk
  • Operational Risk

Risk Treatment – Risk Response Planning

  • Avoiding Risk
  • Transferring Risk
  • Mitigating Risk
  • Accepting Risk

Chapter 3: Value at Risk (VaR)

  • What is VAR ?

Methods of Calculating VAR

  • Variance-covariance method
  • Historical simulation method
  • Monte Carlo simulation method

Chapter 4: The Risk Management Model

Chapter 5:  Identifying Risks

Phases

  • Initial risk identification
  • Continuous risk identification

Approaches

  • Commissioning a risk review
  • Risk self-assessment

Category of Risk

Chapter 6:  Assessing Risks

  • Principles for Assessing Risk
  • Simple Risk/ Tolerability Matrix

Chapter 7:  Risk Appetite

  • Concept of Threats and Opportunities

Concept of Risk Appetite

  • Corporate Risk Appetite
  • Delegated Risk Appetite
  • Project Risk Appetite

Further applications of the concept of risk appetite

  • Resource allocation
  • Project initiation

Chapter 8:  Addressing risks

Key Aspects (5 T’s)

  • Tolerate
  • Treat
  • Transfer
  • Terminate
  • Take the Opportunity

Option of “treat” in addressing risk

  • Preventive Controls
  • Corrective Controls
  • Directive Controls
  • Detective Controls

Chapter 9:  REVIEWING AND REPORTING RISKS

Tools and Techniques

  • Risk Self Assessment (RSA)
  • “Stewardship Reporting”
  • The “Risk Management Assessment Framework”

Chapter 10: Communication and Learning

  • Communication and Learning
  • The Extended Enterprise
  • Risk Environment and Context

Overall Assurance on Risk Management

  • Principles of Assurance

Chapter 11: Leverage

  • Financial Leverage
  • Construction Leverage:
  • Instrument Leverage
  • Leverage and Risk
  • Impact of leverage

Key Risk Indicators

  • Risk Indicators
  • Control Effectiveness Indicators
  • Performance Indicators
  • Indicators generically

Chapter 12:  Risk Indicator Approach

  • Basic Indicator Approach
  • Standardized Approach
  • Advanced measurement approach

Chapter 13:  Hedging in Risk Management

  • What is Hedging?
  • Types of Hedging
  • Why do companies hedge?

The hedging problem and the cost of hedging

  • Explicit Costs
  • Implicit Costs

The Benefits of Hedging

Who should attend this course?

  • Bankers
  • Regulators
  • Technical and Fundamental Analyst
  • Treasury staff
  • Students (CFA, CPA, CA, Business graduates)
  • MBA Finance/Masters of Economics
  • Individual investors
  • Financial analysts
  • Stock analysts
  • Hedge fund managers
  • Portfolio managers

8 Comments to “Risk Management”

  1. Fahad says:

    Kindly tell me about the training related to Risk Management, its date and fee?

    • Ismar says:

      We will start the course on Risk Management very soon, and will let you know. We have saved your Email Address and would get back to you very soon. Currently we are offering a course on Wealth Management, starting May 12th, 2012.

  2. Samina Tahir says:

    can i have details of this course? when is it expected to start and all the other modalities?

    • Ismar says:

      This course will start soon, will let you know the details about it. Currently we are offering Wealth Management course starting from May 12th. After that there is a course on Islamic Banking that is lined up.

  3. Faizan Naqvi says:

    I am a credit manager at MCB bank limited and join the risk management

  4. Moiz says:

    Kindly , advise Tentative dates, when will the Risk Management Course will be held?

  5. Saad Hassan says:

    Kindly include me in your list of email so that I could get to know about different courses you guys conduct.

    Thanks

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