C6058 - Risk Management in financial sector

Public cible

Anyone interested in a career in the financial sector or willing to manage funds.

Objectives

Gain an insight on consolidated risks of institutions while complying with their chosen risk appetite and strategies in matters of operational/ systemic risk.
Familiarise with the function of a risk manager designated by the board members of the institution, they choose an independent risk manager who is deemed to assume the responsibilities of the board's and implement risk strategies.
See how the institution is proceeding in case when the necessity arises to challenge decisions taken by board members of the institution.
Forecast how it is possible to anticipate risk the institution may face, in case when launching new products -> "new products approval plan" elaboration.
See how the institution delegates satellite risk control in operational units of the institution and how in that case oversight can be performed.
Get acquainted with types of risks models as applied in institutions and ways and means how the management must be informed in case of any model shortcomings.
Study how "back testing" is performed using ex-ante risk (=potential risk with ex-post risk to improve risks assessment methodology).
Control, when outsourcing of risk is performed, how funds, PSF, AIFM, oversight and nevertheless maintain responsibility in the institution.
Assess Funds and AIFM Market risks (economic shifts, price volatility), Liquidity risks (fund liquidity, investor redemptions); Credit & counterparty risks (issuer concentration, default risks); Operational risks (fraud, IT failure, valuation errors).
Set risk limits (quantitative/qualitative), Implement stress testing and scenario analysis, Monitor adherence to regulatory risk frameworks.

Prerequisites

Successful completion of the module « Introduction to IFRS: Overview of Key Standards » (C2026) or proof of equivalent certified knowledge.

Sessions

Il n'y a pas de cours de prévu dans les prochains jours.