Making a difference

Risk Management in Financial Institutions

Management of risk is one of the key success factors in the financial services industry. Recent events in global financial
markets have highlighted many cases where internal risk management was ineffective and boards failed to identify and constrain excessive risk taking.

This intensive course will demonstrate how financial institutions must address the risks attached to their activities methodically with the goal of achieving sustained benefit across the whole organisation. The impact of recent developments in governance, risk management and the Basel framework is also covered during the course.

Who should attend
Central and commercial bankers, government officials, regulators and executives from financial institutions wishing to strengthen their knowledge of all aspects of the risk management process.

How you will benefit
By the end of the course you will be able to:

• identify and evaluate the major risks and key areas of concern in banks and financial institutions
• monitor and control the credit portfolio more effectively in order to limit problem loans
• implement effective controls and regulatory processes
• assess the implications of recent changes in the regulatory framework for strategy, policies and structure

Course profile
Introduction

• The changing risk management environment
• Risk management as part of the organisation's strategic management
• The risk manager's role
• Types of risk

Risk Management and Governance

• Developing an appropriate risk management framework
• COSO framework
• Developments in corporate governance
• Enterprise risk management
• Organisation structure

Credit risk

• Best practices in credit risk management
• Measuring credit risk
• Credit policies, procedures, standards and culture
• Stress testing

Operational risk

• Categorising operational losses
• Key risk drivers
• Regulatory approaches

Other risks

• Market risk
• Business risk

Regulatory framework

• Basel framework
• Other regulatory developments

I personally found the course to be quite enriching and relevant to the daily challenges at the work place. It also came at an appropriate time when my bank is conceptualizing a Risk Management Department.

Mr Kayisi Sadala
Head, Corporate Banking
Malawi Savings Bank, Malawi