Financial Risk Management Course Online
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ScribdTranslationsFinancial Risk Management Course Online
Translated by
ScribdTranslationsTraining Center in Economics and Finance
ONLINE COURSE
MANAGEMENT OF FINANCIAL RISKS
Lambda Group
2020
[Link]:
Mr. Alberto Pérez Cosmen
Head of Risk Management at ISP (Spain). Master's in Financial Institutions and Markets in
CUNEF, Master's in Quantitative Finance at the University of Alcalá and Master's in Data Science
in KDI. Risk manager authorized by the MFSA (Malta Financial Service Authority), accounts
with the Compliance Officer and MLRO (Money Laundering Reporting Officer) certificate.
Experience in financial risk management in projects in Malta, Bulgaria, Spain, and Turkey.
Mg. Leslie Cánepa Lloclla
Counterparty risk specialist for the investment portfolio of the Inter-American Bank
Development - IDB (USA). Master's in Finance (London Business School - UK) and Bachelor's in
Economics (UNMSM). Has experience in investment management and financial risk.
development banks, the banking sector, and private pension funds.
Mr. Juan Manuel Medina Reyna
Associate Manager Settlements Banking at J.P. Morgan (Mexico). Master's in Finance with
specialization in Investment Analysis from the University of Alcalá (CIFF) and Bachelor in
Administration of UNAM. With experience in the Banking Sector and national operations.
international
Econ. Cristhian Reyna Gutierrez
Head of Regulatory Parameters at the Banco de Crédito del Perú. Economist from the University
National of Trujillo. With certification in Retail Banking Risks granted by BCP and
specialization in Financial Risk Management from the University of the Pacific (UP).
Econ. Bryan Carrasco Fernández
Performance Evaluation and Risk Measurement Specialist at the Central Reserve Bank
from Peru (BCRP). Economist from the Universidad del Pacífico. Graduated with distinction in the 7th
University Extension Course in Advanced Finance from BCRP and has specializations
at the BIS, FED, CEMLA, and UBS.
Econ. Diego Betancourt González
Liquidity risk analyst at Banco G&T Continental. Bachelor in Business Economics
from Rafael Landívar University. Master's (c) in Big Data & Business Analytics, and experience
professional at Pacific Credit Rating, Guatemala.
2. Course Objectives
. Provide the student with the concepts to understand the importance of proper management.
of risks in banking and financial institutions.
. Provide the student with the theoretical concepts and tools on policy design.
identification, measurement and management of financial risks.
. Contribute to the student's preparation for applying for certifications such as the
Financial Risk Manager (FRM) and Certificate in Quantitative Finance (CQF).
Aurelio García y García Ave 1265–Los Cipreses Urbanization–Lima Center
Correo: informes@[Link]
Tel. 564-5333 / 654-0200 Cel. 951-796-807
Training Center in Economics and Finance
[Link]ón del curso
The financial crisis of 2007-2008 highlighted the need to identify, quantify, manage, and
report inherent financial risks to investment portfolios, banking institutions,
investment managers and financial markets. Likewise, it granted an active role to management of
risks in strengthening it as the second line of defense within a financial institution. The
The current pandemic not only reaffirms the crucial role of a risk manager in an institution.
financial, but expands its scope of action to corporations from different industries.
In that sense, it is crucial that risk managers and investment analysts have
solid training that allows them to manage risks in order to safeguard interests of the
shareholders, depositors, investors, and society as a whole. Moreover, in times of
crisis and constant evolution of financial institutions and markets, having a solid
Training in risk management is imperative.
This course will provide the student with a conceptual framework and tools for measurement and management.
of financial risks aligned with the standards and contents of certifications
international such as the FRM and CQF.
[Link] to:
. Professionals working in the areas of business, auditing, and risks in institutions of
Financial System.
. Undergraduate students or graduates looking to complement their skills in
financial risk management.
5. Requirements
. Basic knowledge of Finance.
[Link]
. The course consists of 2 modules of 16 teaching hours. The sessions will consist of presentations from
Teacher and case resolution.
. Additionally, 3 workshops will be held on specific topics related to management.
of financial risks.
. Upon completion of the course, a Certificate of Participation will be awarded to those who have attended.
at least 80% of the classes. Additionally, prior submission of an assignment
writing, a Certificate of Approval will be granted.
[Link]
I. Fundamentals of Risk Management (4 hours)
. Organizational structure, Corporate Governance and risk appetite
. International normative aspects of financial risk management and policies
financial risk management
. Minimum capital requirements for credit risk, market risk, and risk of
liquidity since Basel I, Basel II and Basel III
. Perspective of financial risk management in the financial sector.
II. Credit risk assessment and management (12 hours)
. Product design, credit campaigns, harvest analysis, capacity evaluation
payment by types of credit, use of scoring models
Aurelio García y García Avenue 1265–Los Cipreses Urbanization–Cercado de Lima
Correo: informes@[Link]
Tel. 564-5333 / 654-0200 Cel. 951-796-807
Training Center in Economics and Finance
. Cálculo de las pérdidas por riesgo crediticio y Credit VaR: Calibración de probabilidades
of non-compliance, severity of losses and exposure to non-compliance
. Identification and measurement of over-indebtedness, credit stress analysis.
Correlations of default, expected and unexpected losses due to risk of
credit
. Risk-Adjusted Return on Capital (RAROC)
. Capital allocation for credit risk
. Credit Risk Management Regulations
III. Market risk assessment and management (12 hours)
. Measurement of Market Risk:
. Market risk of the trading book: VaR and other market risk measures, VaR
Parametric, non-parametric VaR, VaR mapping, incremental VaR, backtesting, stress
testing.
. Market risks of the banking book: Methods for measuring interest rate risk.
. Models of statistical correlation: Pearson, Spearman rank, Kendall?
. Financial Correlation Models: Copulas
. Models of risk contribution and attribution
. Capital allocation for market risk
IV. Evaluation and management of treasury and liquidity risk (4 hours)
. Measurement of liquidity risk:
. Liquidity gap analysis, liquidity coverage ratio, net funding ratio
stable, volatility of deposits
. Liquidity stress testing and reporting to the regulator
. Contingency funding plan
. Cross currency funding
Workshop 1: Risks of money laundering and fraud (2 hours)
. Minimum system requirements for anti-money laundering according to standards
international.
. Organizational structure and responsibilities of committees, management, and the Board of Directors.
. Case: Nordic banks and money laundering from Russia
Workshop 2: Deficiencies and Failures of Financial Risk Management (4 hours)
. Is the Gaussian Bell the greatest intellectual fraud?
. Parallel Lives: RiskMetrics and Long Term Capital Management (L.T.C.M.)
. The Great Financial Crisis of 2007-2008 (GFC), was it a management error or a mistake of
financial risk management?
. Wells Fargo 2016: The fraud of fake accounts and credit cards.
Workshop 3: Liquidity Risk Models (2 hours)
. Liquidity of assets and funding, and Maturity gaps.
. Volatility, VaR for liquidity risk.
. Ratios de cobertura de liquidez (LCR) y Coeficiente de financiamiento estable neto
(NSFR)
Lima, June 2020
Aurelio García y García Avenue 1265–Los Cipreses Urbanization–Lima District
Correo: informes@[Link]
Tel. 564-5333 / 654-0200 Cel. 951-796-807