Description
Introduction
In the wake of multiple financial crises, Risk Management has become essential. Today practically every provider of financial services is concerned about the multitude of risks to manage. More specifically, this course aims to provide participants with a good understanding of market risk and how to manage it.
Objectives
- Define market risk
- Describe and understand the basic components of market risk
- Understand the interaction between market risk and other risks
- Evaluate the market risk of derivatives and portfolios
- Understand and apply risk factors, valuation models and normal distribution calculations
- Explain the use of value at risk (VaR) in measuring and managing market risk
- Understand other methods and tools for managing market risk
Programme
- Introduction
- Fundamental concepts of market risk
- Equity risk
- Systematic - Specific
- Beta
- Interest rate risk
- Duration/convexity
- FX risk
- Transaction risk
- Translation risk
- Economic risk
- Commodity risk
- Derivatives
- Black & Scholes
- Greeks
- Portfolio
- CAPM
- APT
- Leverage
- Hedging strategies
- ALM
- Gap analysis
- Duration gap analysis
- BPV & NPV
- Value at Risk
- VaR calculation methods
- Backtesting
- Stress testing and scenario analysis
- Market risk reporting
- Future trends
Target Audience
This training course has been designed for a broad audience, i.e. for anyone wishing to acquire fundamental knowledge in Risk Management.
Modalities
Course Material
Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here ). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.
Exam
No exam is available for this course.
Contact
For further questions please contact our partner in your country