What
You’ll Learn
You’ll Learn
- Definition of Risk
- Approaches to Risk
- Why the Financial Services sector is especially ladenned with significant risks
- Fundamentals of Risk: Understanding different types of risks in financial services (e.g.
- credit
- market
- operational risks).
- Introduction to Risk Identification
- Introduction to Risk Assessment
- Introduction to Risk Measurement
- Introduction to Risk Monitoring
- Introduction to Risk Mitigation
- Introduction to the use of Financial Instruments & Risk
- Introduction to Regulatory Compliance
- Introduction to Risk Culture and Governance
- Introduction to Effective Governance
- The role of Effective Governance in Risk Management
Requirements
- Interest in Financial Services
- Desire to Learn About Finance
- No Prior Finance Experience Required
- Commitment to Course Completion
- Access to a Computer with Internet Connection
- Basic Computer Literacy
- Proficiency in English
- Analytical Thinking
Description
Welcome to Introduction to Risk Management in Financial Services
In this course we look at:
Various approaches to risk and how financial services institutions perceive and manage risks.
Firstly we discuss the General Approach to Managing Risks.
We subsequently look at Common Risks in the industry, including:
– Credit Risk
– Market Risk
– Liquidity Risk
– Operational Risk
– Regulatory and Compliance Risk
– Reputational Risk
– Systemic Risk
– Counterparty Risk
– Technology Risk
We explore each of these at a high level, describing what it is, causes, ways to mitigate and examples of these risks (in a way that is easy to appreciate).
We move on to explore Key Components of Risk Management in Financial Services, including:
– Financial Services Risk Management Mitigation – General Approach
– Risk Identification
– Risk Assessment
– Risk Measurement and Monitoring
– Risk Mitigation
– Regulatory Compliance
– Risk Culture and Governance
All at a high level and an easy to appreciate perspective. This is an introductory course to facilitate the understanding of risk in Financial Services.
Lastly, we look at Effective Governance structures are essential in mitigating risks in financial services.
– Regulatory Compliance
– Risk Management
– Internal Controls
– Board Oversight
– Transparency and Disclosure
– Management Culture
I can’t recommend this course enough to anyone working in or thinking of working in the Financial Services sector. It provides a gentle introduction to the risk perspective that educates and enlightens.
Thank you for stopping on this course and I look forward to getting some feedback from you.
Baba
Who this course is for:
- Banking Executives
- Internal Auditors
- Financial Analysts
- Compliance Officers
- Risk Managers
- Investment Advisors
- Aspiring Banking Professional
- Aspiring Financial Services Professional
- Credit Analysts
- Regulatory Consultants
- Insurance Underwriters
- Treasury Managers
- Portfolio Managers
- Operational Risk Managers
- Financial Controllers
- Chief Risk Officers (CROs)
- Accountants or Aspiring Accountants
- Tax professionals or aspiring tax professionals
- Corporate Treasurers
- Quantitative Analysts
- Loan Officers
- Financial Consultants
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