Financial Risk Management in Practice: Market Risk

Financial Risk Management in Practice: Market Risk
NEW COURSE!  Join us for our newest virtual course that provides real-life exercises demonstrating the application of market risk concepts, methods, and terminology. In this course, our expert, Steve Lindo, introduces you to the practical use of market risk measurement and mitigation methods. You will participate in exercises designed to replicate real-life market risk management situations. This course requires fundamental knowledge and experience in market risk management to carry out the exercises.
 


Presented By:
Steve Lindo, Principal
SRL Advisory Services


Session Length:
6 Lessons/2 per week
Each approx. 20 minutes + exercises


Course Dates:
February 25 - March 18, 2020
Instructor access through
March 18, 2020



Time:
Self-paced

 

About This Course
 

Learning the principles and methods of market risk management from reference books, certifications, online and in-person training gives you a conceptual understanding. However, knowing when and how to use these principles and methods typically takes years of on-the-job practice.

In this course, you’ll participate in exercises designed to replicate real-life market risk measurement and mitigation situations. Each exercise is described in detail before you attempt to solve it. Then, after your attempt, the instructor walks you through the solution and key takeaways. Experiencing first-hand the decisions necessary to complete these market risk management tasks introduces you to the practical use of market risk measurement and mitigation methods.


Learning Objectives

  • Deepen your understanding of market risk measurement and mitigation methods
  • Practice the application of well-established market risk management concepts and terminology
  • Understand the appropriateness, reliability, and limitations of financial risk measurement tools and methodologies
Prerequisites

This course requires fundamental knowledge of market risk concepts, methods, and terminology.  Exercises are provided in Word and Excel - access to both of these programs is required.*

*If you do not have access to these programs, a PDF of the documents can be provided; however, you may have to re-create some of the data to execute the exercises.

How It Works

Two virtual lessons are launched Tuesdays and Thursdays over the 3-week course.

  • Each Tuesday a lesson is launched providing a brief overview of the topic and a detailed description of the exercise, including instructions for completing the exercise. Each exercise consists of a Word document and a downloadable Excel spreadsheet using standard formulas and functions.
  • Each Thursday, the next lesson is launched providing the solution to the exercise and key takeaways.
  • The final two lessons are a case study and solution.

The instructor, Steve Lindo, will be available via the online learning platform to support you as you work through the exercises and case study.

 
Agenda
 Time   Topic
     
Tuesday, February 25
  Lessons 1 & 2: Market Risk Measurement - VaR
Tuesday, March 3   Lessons 3 & 4: Market Risk Measurement - Stress Testing
Tuesday, March 10   Lessons 5 & 6: Market Risk Mitigation - Case Study


Who Should Attend

This course is appropriate for risk professionals working in non-market risk management roles, such as ERM or credit, liquidity, and operational risk management; finance professionals working in accounting, reporting, payments, and treasury roles who have a basic understanding of market risk identification, measurement, and mitigation, either through study or by working alongside market risk management professionals.

This course is a good fit for those who have fundamental knowledge and experience in market risk management with basic knowledge of bond valuation, currency forward pricing, derivatives valuation, VaR, and stress testing, as well as those who want to learn more using exercises to apply market risk concepts.


About Our Expert

  
  Steve Lindo is a financial risk manager with over 30 years’ experience managing risks in ALM, funding, banking, and trading portfolios. His current role is Lecturer and Course Designer at Columbia University’s School of Professional Studies, teaching Financial Risk Management to graduate students in Columbia’s MS in Enterprise Risk Management program.  He is also Principal of SRL Advisory Services, an independent consulting firm specializing in risk governance, education and strategy, financial technology innovation, risk data management, regulatory expertise, information risk management, and financial litigation support.

Steve's previous positions include Director of Treasury Management and Mortgage Risk at Fifth Third Bancorp and Vice President of Risk Capital Management at GMAC Financial Services LLC (now Ally Financial).  In 2010, Steve completed a two-year engagement as Executive Director of PRMIA.  Before that, he held a number of risk management roles in Cargill’s proprietary financial trading group, which was subsequently de-consolidated into two separate hedge funds, Black River Investments and Carval Investors. He spent his early career as an international banking and credit officer with Lloyds Bank and First National Bank of Chicago (now part of JPMorgan Chase) in the UK, Spain and Brazil.

Steve is a regular presenter at conferences, webinar host, and author of risk management articles and case studies. He has a BA and MA from Oxford University and speaks fluent French, German, Spanish and Portuguese.

Continued Risk Learning Credits: 2

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. To request CRL credits, please email learning@prmia.org.

Registration
 Membership Type Price
   
 Sustaining, Corporate, and RIM Members $ 209
 Contributing Member $ 229
 Non Member $ 249

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 Now

 
When
2/25/2020 - 3/18/2020
Where
Virtual Training
 

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