international certificate in banking risk and regulation · the international certificate in...

6
International Certificate in Banking Risk and Regulation

Upload: others

Post on 08-Jun-2020

8 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: International Certificate in Banking Risk and Regulation · The International Certificate in Banking Risk and Regulation is a global certificate program that delivers a deep qualitative

International Certificate in Banking Risk and Regulation

Page 2: International Certificate in Banking Risk and Regulation · The International Certificate in Banking Risk and Regulation is a global certificate program that delivers a deep qualitative

1

The International Certificate in Banking Risk and Regulation is a global

certificate program that delivers a deep qualitative understanding of the

risks associated with banking and the financial markets. Candidates will

learn about risk management methodologies, governance structures and

the regulatory principles outlined by the Basel Committee on Banking

Supervision. The self-study curriculum developed by the Global Association

of Risk Professionals (GARP) is presented in four textbooks—Market Risk,

Credit Risk, Integrated Risk and Operational Risk—each book contains

numerous examples of actual financial events, case studies, diagrams and

tables aimed at explaining complex financial risks. In order to earn the ICBRR

Certificate, candidates are required to sit for and a pass an online exam

offered at Pearson Vue testing centers which are located in 165 countries.

FIBA’s comprehensive offering includes live instructor-led workshops. The

instructor led training will help candidates master the underlying concepts of

banking risk management and learn how to recognize, measure and mitigate

risk in banking and the capital markets. Participants will be better prepared to

sit for the ICBRR exam.

Prerequisites

Candidates should have a fundamental understanding of banking, finance,

and the technical terms commonly used in banking and risk management.

Program includes:

• Four textbooks

• Instructor-led live training

• E-learning platform

• Exam Registration delivered via Pearson Vue test sites located in

165 countries

• Certificate awarded upon successful completion

The International Certificate in Banking Risk and Regulation

Page 3: International Certificate in Banking Risk and Regulation · The International Certificate in Banking Risk and Regulation is a global certificate program that delivers a deep qualitative

2

WHO SHOULD ATTEND

• Entry- to Associate-level risk managers

• Professionals in banking, financial services, banking

regulatory agencies, consulting firms, government

organizations and agencies, central banks and

academic institutions

• Professionals in non-risk groups: accounting, audit,

compliance, IT, legal, operations, portfolio manage-

ment, research, sales and trading

• Bankers, traders and portfolio managers

About the Program

Learning Objectives

CERTIFICATE AWARDED

International Certificate of Banking Risk and Regulation

jointly issued by FIBA and Global Association of Risk

Professionals after successful completion of exam.

MARKET RISK MANAGEMENT

Focuses on market risk management practices at global

financial institutions and addressing risk assessment,

risk measurement, and risk mitigation practices.

Introduction to Bank Risk Management

• Risk Classification

• The Objectives of Risk Management

• Organizational Structure of Risk Management in Banks

Foreign Exchange Markets, Instruments and Risks

• The Foreign Exchange Market

• Spot and Forward Foreign Exchange Transactions

• Currency Futures, Options and Swaps

Interest Rate Markets, Instruments and Risks

• Fixed Income and Cash Instruments

• Classification and Risk of Fixed Income Derivatives

• Basics of Mortgage-Backed Securities and CDOs

Equity and Commodity Markets, Instruments and Risks

• Equity and Commodity Instruments

• Commodity Derivatives, Forwards and Options

• Risk Maps

The Risk Measurement Process

• Value at Risk (VaR)

• The Process by Which Banks Aggregate and Measure Risk

• Quality Control in VaR

Risks in Bank Trading Strategies

• Bank Trading Strategies

• Position Management and Hedging

• External Market Risks Affecting Bank Trading Performance

Market Risk Organization and Reporting

• Governance of Market Risk

• Tools Used in Risk Measurement, Monitoring and Control

• Users of Market Risk Reports

Page 4: International Certificate in Banking Risk and Regulation · The International Certificate in Banking Risk and Regulation is a global certificate program that delivers a deep qualitative

3

CREDIT RISK MANAGEMENT

Focuses on credit risk management practices and

principles at global financial institutions and addresses

credit risk identification, measurement, and mitigation

practices.

Credit Risk Assessment

• Differences between Credit and Market Risk

• Credit Policy and Credit Risk

• Credit Risk Assessment Framework and Credit Modeling

The Risks of Credit Products

• Risk Drivers in Retail, SME, and Corporate Credit

• Counterparty and Sovereign Credit

Credit Risk Portfolio Management

• Types of Default Correlation

• Methods of Aggregating Credit Risk

• Securitization as a Risk Management Tool

• Credit Derivatives and Their Role in Credit Risk Management

The Regulatory View

• Evolution of the Basel Accords

• Methods to Compute Credit Risk Capital Requirements

• Regulatory Treatment of Securitization Activities

INTEGRATED RISK MANAGEMENT

Focuses on integrated risk management by analyzing

how risk drives capital management decisions for banks,

particularly the interest rate risk in the banking book

and liquidity risk.

Interest Rate Risk in the Banking Book

• The Role of the Treasury

• Asset and Liability Management (ALM) Risks

Liquidity Risk in the Banking Book

• Funding Liquidity Risk Measurement and Management

• Liquidity Risk Reporting

Bank Capital Management

• Regulatory and Economic Capital

• The Basic Relationship between Capital and Risk Measures

• Risk-Adjusted Return of Capital (RAROC)

OPERATIONAL RISK MANAGEMENT

Focuses on operational risk and how it is effectively

managed and measured in financial institutions by explor-

ing the regulatory and business drivers for operational

risk frameworks.

Operational Risk Management and Measurement

• Drivers of Operational Risk Management

• Ownership of Operational Risk Management

• Governance and Supervision

Loss Data and Risk and Control Self Assessments

• Sources of Internal and External Loss Data

• Risk and Control Self Assessments

Scenario Analysis, Key Risk Indicators, Reporting and

Best Practices

• Scenario Analysis

• Key Risk Indicators (KRIs)

• Reporting

• Governance, Risk and Compliance (GRC)

Learning Objectives

Page 5: International Certificate in Banking Risk and Regulation · The International Certificate in Banking Risk and Regulation is a global certificate program that delivers a deep qualitative

Educational Partnership

4

FIBA, the leading non-profit trade association focused on international banking

and finance, and GARP, the leading global association for financial risk certifica-

tion and risk education programs have formed and educational partnership to

train and certify professionals in the critical area of risk management.

This partnership provides the opportunity for FIBA to train candidates in Miami

and throughout Latin America for GARP's Foundations of Banking Risk and

International Certificate in Banking Risk and Regulation programs. These

programs are designed for a wide audience of financial services professionals,

from new hires to senior professionals in finance, accounting, internal audit,

compliance, technology, operations, sales and risk management.

About GARP

The Global Association of Risk Professionals (GARP) is a not-for-profit global

membership organization dedicated to preparing professionals and organiza-

tions to make better informed risk decisions. Membership represents over

150,000 Members and Affiliates from banks, investment management firms,

government agencies, academic institutions, and corporations from more than

195 countries and territories. GARP administers the Financial Risk Manager

(FRM®) and the Energy Risk Professional (ERP®) Exams; certifications recog-

nized by risk professionals worldwide. GARP also helps advance the role of

risk management via comprehensive professional education and training for

professionals of all levels. Visit www.garp.org.

About FIBA

The Florida International Bankers Association (FIBA), Inc., is a non-profit trade

association founded in 1979. Its membership includes some of the largest finan-

cial institutions in the world, with foreign and domestic banks from Europe, the

U.S. and Latin America who are active in international trade and finance in our

hemisphere. The primary focus of FIBA members is trade finance, international

correspondent banking and international wealth management/private banking

services for non-residents. These activities helps facilitate North-South trade

and capital flows. Visit www.fiba.net.

Page 6: International Certificate in Banking Risk and Regulation · The International Certificate in Banking Risk and Regulation is a global certificate program that delivers a deep qualitative

Creating a culture of risk awareness.®

Global Association ofRisk Professionals

111 Town Square PlaceSuite 1215Jersey City, New Jersey 07310U.S.A.+ 1 201.719.7210

2nd FloorBengal Wing9A Devonshire SquareLondon, EC2M 4YNU.K.+ 44 (0) 20 7397 9630

www.garp.org

Florida International Bankers AssociationFIBA

80 SW 8th StreetSuite 2505Miami, Florida 33130U.S.A.+1 305.579.0086

Contact: [email protected]

www.fiba.net

© 2013 Global Association of Risk Professionals. All rights reserved. 7-13