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Applied Risk Management
Financial risk management in an ERM framework
Key Facts
| Location | London |
| Length | 1 day |
| Fees | ACT Members and Students £575.00+VAT Non Members |
| Max group size | 25 |
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Contact
For further information about this course please contact:
Samantha Baglioni
Training Development Manager
T: +44 (0)20 7847 2559
E: training@treasurers.org
Further information
Very well run with good practical exercises. Would recommend the course to anyone involved in enterprise wide risk management. Paul Outridge, Head of Treasury, De La Rue plc, October 2011
What is it about?
This course is aimed at those with some experience in or of treasury who wish to gain a deeper understanding of financial risk management. It looks at how decisions on financial risk management should be taken, consistent with enterprise-wide and other risk management programmes elsewhere in the organisation. Placing risk identification in a practical context, it identifies methodologies for risk quantification and discusses how an appropriate risk management response might be determined. All this is set within the context of a case study organisation.
A 10% discount will be offered when booking both the Fundamentals of Risk Management and Applied Risk Management courses on consecutive days.
Table of Contents [hide]
Programme
Risk identification and assessment in practice
- Applying the framework for risk management
- Identifying treasury risks within a realistic situation
- Risk management and business strategy; who are we hedging for and what are we hedging?
Risk evaluation
- Sensitivity analysis
- Scenario analysis
- Developing the use of Value at Risk (VaR)
- Applying VaR to a realistic situation
- Advantages/shortcomings of VaR
Risk planning
- Policy development and benchmark setting
- Deciding whether or not to hedge
- Deciding what form any hedging should take
- Trading off different benefits from different hedging action
- Criteria for deciding which instruments to use
- How/when to implement the hedge
Risk reporting
- Is policy being followed?
- Is policy having the right effect?
- Typical information flows
How do you benefit?
You will gain an understanding of how to quantify risk exposure through a detailed overview of how to determine risk management action and develop policy consistent with an ERM framework as well as a practical knowledge of how to apply risk management theory.
Who is it for?
- Treasury professionals involved in risk management including Enterprise Risk Management (ERM)
- Finance and risk professionals who need to understand treasury’s role within an overall risk management framework
- Audit and compliance professionals
- Consultants and bankers who need to understand how organisations can use ERM frameworks to manage financial risk
Trainer
ACT risk management trainers are:
