Fundamental Review of the Trading Book (FRTB)

Learn practical approaches to navigate the challenges of the FRTB framework, front to back.

Join us for this dynamic, virtual learning experience exploring the impact and implementation of FRTB within financial institutions. Explore the impact on model risk management, capital requirements and data management challenges. 

Delegates will gain a new and improved understanding on the continuing journey of FRTB implementation, key components, and considerations of the Standardized Approach (SA) and the Sensitivities Based Approach, and emerging risk factors from the IBOR transition impact FRTB.

Topics such as the trading book/banking book boundary and its effect on business models, the internal model approach (IMA) and capital dynamics, as well as model risk management under FRTB will support delegates in their ability to apply FRTB principles in their own institutions through utilizing their knowledge gained through this course.

Led by subject matter expert, Thomas Obitz, director at RiskTransform, this event will enable delegates to connect and discuss best practice approaches on how to manage FRTB within their organisation to enhance capability and efficiency.
 

What will you learn?
  • Understand the fundamental principles behind the FRTB framework, its objectives, approaches, and how the parts fit together

  • Explore a comprehensive overview of the status of FRTB related regulation, and understand the global implementation process of the regulation

  • Discuss key topics such as capital floor, IBOR transition impact, P&L attribution test and non-modellable risk factors

  • Review key components for capital frameworks and the drivers for using IMA vs. standardized approach 

  • Identify the pitfalls of diverging liquidity horizons, and how to deal with them when using the internal model approach

  • Go beyond capital models – learn how FRTB changes the way the bank is working, in areas as diverse as product development and P&L accrual, desk strategy, funding models, risk reporting and model validation

  • Become aware of the typical pitfalls of FRTB, from capital traps to typical implementation challenges

Who should attend?

The class focusses on the regulation as a whole, and puts the changes in risk models in a broader regulatory and operational context. It should hence be both accessible and relevant to a broad range of stakeholders, including:

  • FRTB project teams

  • Risk management 

  • Quantitative analytics functions

  • Trading and Product Development

  • Finance and Capital management

  • IT and Data management 

  • IBOR transition 

  • Model risk management 

  • Internal audit 

Sessions include
  • The implementation of FRTB so far

  • The capital framework and the revised standardized approach

  • The revised internal model approach (IMA)

  • NMRFs and the Ibor transition

  • P&L attribution test, desk strategy and capital dynamics

  • The trading book/ banking book boundary and its impact on business models

  • Operating model, data management and system challenges

  • Model risk management under FRTB

In-house option

Would you like this course delivered to your team in-house? 

We adjust agenda to your specific needs and run the course at the time that suits you.

Your team and organisation will benefit from:

  • Expertise

  • Customisation

  • Efficiency and convenience 

  • Cost-effectiveness

Find out more

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Thomas Obitz

director

RiskTransform

Thomas Obitz is the founder of RiskTransform, a specialist consultancy focussing on risk transformation and business architecture for risk. He is both a certified Financial Risk Manager (GARP FRM) and a TOGAF certified enterprise architect. Thomas has more than 18 years of experience in the IT industry, and 15 years in Financial Services, in particular in Investment Banking and Capital Markets.

Thomas has experience leading large-scale enterprise wide transformation programmes in particular in risk related initiatives. He has worked with enterprise architecture groups reviewing and developing application landscapes and IT capabilities, in alignment with the corporation’s processes and value propositions. At the moment, his key focus area is the impact of the Fundamental Review of the Trading Book (FRTB). 

Live Virtual training courses

 

Our live virtual training courses have been designed to engage and inspire you. Much more than a webinar, our approach includes:

  • Technical content compressed into 60-minute interactive sessions and spread out over two, three or four days

  • Facilitated collaboration including Q&A, interactive polling and group workshops

  • Live interaction with subject matter experts – get your questions answered in real time

  • Receive comprehensive course materials and supporting content from Risk.net to reinforce your learning

  • Stay connected with other learners and extend your network by joining our dedicated LinkedIn group for course participants

Not the course for you?

Risk Training offers a great selection of courses providing practical guidance on the latest trends, challenges and regulatory changes that span risk management, regulation and derivatives.

View all courses

E-Learning

Risk Training’s self-paced E-Learning platform offers Essentials of Operational Risk programme, plus more topics to come soon.
 

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