Course Agenda

Agenda

Course Agenda

All timings below are in BST (British Summer Time)

13:0014:00

Enterprise risk management

13:00 - 14:00

 

  • What is risk management?
  • Types of risk
  • How do risks vary?
  • Risk appetite (personal and corporate)
  • Key measures of risk (including VAR)
  • The corporate responsibilities of the risk management function
  • The BIS and its approach to risk management
  • Regulatory and economic capital
  • Insurance and risk management
  • Risk implications of Basel III/IV
  • Risk policies and procedures including
    • strategic risk
    • reputational risk
    • strategic and tactical risk management
  • Building this into a consistent framework
  • Developing a risk register

 

14:0014:15

Coffee Break

14:00 - 14:15

14:1515:15

Risk management building blocks

14:15 - 15:15

  • Risk management goals and missions
  • Risk culture
  • Risk governance
  • Risk appetite
  • Risk identification
  • Risk register
  • Control and risk self-assessment
  • Risk champions
  • Avoiding the blame culture

15:1515:30

Coffee Break

14:00 - 14:15

15:3016:30

Risk appetite modelling

15:30 - 16:30

  • The definition of risk appetite
  • Relationship to strategy
  • Regulatory expectations
  • Calculating risk appetite – how to get agreement
  • Relationship of overall risk appetite to individual risk types
  • Dealing with risk appetite correlation
  • Dealing with the risk appetite cascade
  • Relationship of risk appetite to limits – tactical v risk limits
  • Relationship to stress testing and scenario modelling

16:3016:45

Coffee Break

14:00 - 14:15

16:4517:45

Market risk

16:45 - 17:45

  • Implementing controls, limits and thresholds
  • Relationship and use of risk appetite modelling
  • Reporting excesses and authorised deviations
  • Value at risk calculations
  • Comparing and developing stress and scenario modelling approaches
  • Impact of Basel IV

13:0014:00

Liquidity risk

13:00 - 14:00

  • Measuring liquidity risks
  • Liquidity gap analysis
  • Using risk appetite within liquidity risk modelling
  • Monitoring liquidity risks
  • Controlling liquidity risk
  • The changing repo market
  • Contingency funding plans
  • Stress testing and scenario modelling

14:0014:15

Coffee Break

14:00 - 14:15

14:1515:15

Credit risk

14:15 - 15:15

  • Default risk using historic information
  • Retail v corporate credit risk
  • Credit risk management
  • Setting limits and thresholds aligned to risk appetite
  • Using models and model risk
  • Stress testing and scenario modelling and its relationship to risk appetite modelling

15:1515:30

Coffee Break

14:00 - 14:15

15:3016:30

Operational risk

15:30 - 16:30

  • The identification of operational risk
  • Developing an operational loss database
  • Developing key risk indicators
  • Using risk appetite modelling within operational risk management
  • Developing scenarios in the light of risk appetite modelling