ERM 2.0-Stress Testing, Capital Planning & Scenario Analysis

ERM 2.0-Stress Testing, Capital Planning & Scenario Analysis
NEW COURSE!  Join us for five weeks starting November 5 for our newest course, led by Peter Plochan. Attend the full series or customize your schedule to fit your professional development needs!   Each week includes two 45-minute pre-recorded lectures, activities, and discussions.


Register for the Full Series

Agenda Course Expert CRL Credits Single Session Registration


Presented By:

Peter Plochan
Principal Risk Management Advisor
SAS Institute


November 5 - December 10, 2019
(No class week of Nov 26)


Weekly lessons, released 
each Tuesday

Lesson Length:

90 minutes each
2 parts / 45 minutes each

About This Course
Welcome to ERM 2.0
Click image to view a short course overview from Peter Plochan.

How It Works

Each Tuesday, the pre-recorded lectures and lessons open on our interactive online learning platform. Each week consists of two 45-minute lectures, resources, and knowledge checks. In addition, throughout the course, you will have an opportunity to submit questions to the instructor and interact with your classmates from November 5 - December 17, 2019. There will be no class the week of November 26, 2019.  You will have access to the full course through December 15, 2020.  


Course Objectives

  • Increase knowledge of the forward-looking activities such as stress testing, ALM, capital planning, ICAAP, and scenario analysis 
  • Understand, analyze, and process the steps, inputs and outputs of these processes
  • Leverage the latest regulatory and business developments
  • Understand the relevant financial and risk fundamentals
  • Maneuver the inter-dependencies and form a holistic view around the ERM processes, with an enterprise-wide mindset (e.g., full balance sheet, P&L, all risks)
  • Increase awareness and efficiencies of your team's dependencies, identify and reduce duplicate tasks and increase cooperation and the speed of processes
  • Learn from tips, case studies, and examples to understand the potential of these processes and achieve business benefits and go beyond the “compliance-only” mindset
  • Raise awareness of the role played in the ERM process through emerging technologies such as AI models, managing model risk, and dealing with environmental and climate change risk 


Course Description

Over the last couple of years, banks around the globe have been swamped with increasing regulatory scrutiny and complexity. In particular, a shift from the traditional backward-looking “What Is” supervision with banks steering towards a more forward-looking “What If” approach can be noted. Satisfying regulatory requirements on historical performance is no longer sufficient, banks have to now spend increasing effort to demonstrate to regulators they can satisfy performance requirements in the future, while considering adverse macroeconomic outlooks. Examples are the recent Pillar 2 and stress testing regulatory initiatives of EBA, PRA, and BIS.

In parallel, the environment of sub-zero interest rates and the emergence of the digital and fintech era have put banks into a difficult situation. They now have to balance the need for more returns, lower costs with the drive to become more agile, and the flexibly to respond to these recent regulatory and market trends.  

Both these new regulatory initiatives and market trends are asking for much faster decision making, and more agile response from banks in the coming years. The discipline of stress testing, capital planning, and scenario analysis will get a more prominent role in the bank’s steering and supervision, and will become more embedded within their organization risk management and decision making process. 

New emerging topics such as application of AI models, model risk management, and management of environmental and climate change risks will require a new set of expertise and tools to be dealt with effectively. As a result, financial institutions around the world are establishing dedicated teams to address these challenges and are increasingly looking for an efficient approach and the skilled resources with finance and risk forecasting expertise.


Course Schedule

(No class week of November 26)

 Lesson   Topic
Lesson 1
Nov 5, 2019

  Introduction of ERM 2.0 Processes and Drivers
1.1 Forward-looking Enterprise Risk Management Processes
1.2 Overview of Business & Regulatory Drivers
Lesson 2
Nov 12, 2019 

  Enterprise Stress Testing & Credit Risk 
2.1 Enterprise Stress Testing Fundamentals and Orchestration of the Processes & People
2.2 Forecasting and Stress Testing of Credit Risk and IFRS 9
Lesson 3
Nov 19, 2019 

  Forecasting, Stress Testing Market & Liquidity Risks 
3.1 Market Risk Forecasting and Stress Testing
3.2 Liquidity Risk Forecasting, Stress Testing, and ALM
Lesson 4
Dec 3, 2019
  Incorporating Operational & Strategic Risks 
4.1 Forecasting and Stress Testing Operational Risk & Addressing Climate Change Risks and Scenarios
4.2 Application of AI Models and Addressing Model Risk Management
Lesson 5
Dec 10, 2019 
  Alignment and Roll-out of a Successful Stress Testing & Forward-looking Framework 
5.1 Alignment and Integration of the Forward-looking Risk and Finance Processes
5.2 Successful Roll-out of an Integrated Stress Testing & Scenario Analysis Framework

View Individual Lesson Descriptions
Who Should Attend

Banking / Insurance representatives from these functional areas will benefit from attending this course:

  • Pillar 2 / ICAAP / ILAAP/ ORSA / Stress Testing / Capital Planning
  • Credit / Market Risk Management
  • Enterprise Risk / Strategic Risk Management / Integrated Risk Management
  • Asset & Liability Management & Liquidity Risk Management
  • Risk / Finance controlling
  • Finance / Budgeting / Regulatory Reporting
  • Risk Modelers & Model Risk Management Professionals
  • Risk Management Consultants, Internal and External Auditors
  • Regulators

About Our Expert

  Peter Plochan is Principle Risk & Finance Specialist at SAS Institute, assisting institutions in dealing with their challenges around finance and risk regulations, enterprise risk management, risk governance, risk analysis and modelling. Peter has a finance background (Master’s degree in Banking) and is a certified Financial Risk Manager (FRM) with 13 years of experience in risk management in the financial sector. He has assisted various banking and insurance institutions with large-scale risk management implementations, while working internally and externally as a risk management advisor (PwC).

Continued Risk Learning Credits: 9

PRMIA Continued Risk Learning (CRL) programs provide you with the opportunity to formally recognize your professional development, documenting your evolution as a risk professional. Employers can see that you are not static, making you a highly valued, dynamic, and desirable employee. The CRL program is open to all Contributing, Sustaining, and Risk Leader members, providing a convenient and easily accessible way to submit, manage, track and document your activities online through the PRMIA CRL Center. A CRL credit will be issued upon completion of each weekly lesson.

Registration Options

 Course  Membership Pricing Registration Link
 Full Series-5 Lessons $500 - Non Member
$450 - Contributing 
$400 - Sustaining/ RIM
Register for Full Course
 Lesson 1: Introduction of ERM 2.0 Processes and Drivers
$109 - Non Member
$99 - Contributing 
$89 - Sustaining/ RIM
Register for Lesson 1
 Lesson 2: Enterprise Stress Testing & Credit Risk $109 - Non Member
$99 - Contributing 
$89 - Sustaining/ RIM
Register for Lesson 2
 Lesson 3: Forecasting & Stress-testing Market & Liquidity Risks 
$109 - Non Member
$99 - Contributing 
$89 - Sustaining/ RIM
 Register for Lesson 3
 Lesson 4: Incorporating Operational & Strategic Risks 
$109 - Non Member
$99 - Contributing 
$89 - Sustaining/ RIM
 Register for Lesson 4
 Lesson 5: Alignment and Roll-out of a Successful Stress Testing & Forward-Looking Framework  $109 - Non Member
$99 - Contributing 
$89 - Sustaining/ RIM
 Register for Lesson 5

If this is your first time accessing the PRMIA website you will need to create a short user profile to register. Save on registration by becoming a member.



Register for the Full Series

Disclaimer: The external materials referred to throughout this course are public, online materials and freely accessible at disclosed locations.

11/5/2019 11:59 PM - 12/10/2019 11:59 PM
Virtual Training

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