Training Diploma In Risk in the financial services sector

Course Objectives

• To introduce participants to the key risk types in the financial services industry.
• To develop a strong understanding of risk management frameworks and methodologies.
• To equip participants with the skills to assess and evaluate risks.
• To provide practical guidance on implementing risk mitigation strategies.
• To enhance participants’ knowledge of regulatory requirements related to risk management.

Course Content

Module 1: Introduction to Risk Management

• Definition of risk and its importance in financial services
• Types of financial risks (market, credit, operational, liquidity, reputational, etc.)
• Risk management frameworks (COSO, Basel III, etc.)
• Risk culture and governance

Module 2: Risk Assessment and Measurement

• Risk identification and assessment techniques
• Quantitative and qualitative risk assessment methods
• Stress testing and scenario analysis
• Key Risk Indicators (KRIs) and Early Warning Systems

Module 3: Risk Mitigation and Management

• Risk mitigation strategies (diversification, hedging, insurance)
• Risk transfer and outsourcing
• Risk acceptance and tolerance
• Contingency planning and business continuity

Module 4: Operational Risk Management

• Operational risk definition and types
• Operational risk assessment and measurement
• Operational risk mitigation strategies
• Fraud prevention and detection

Module 5: Regulatory Compliance and Risk

• Regulatory environment for financial institutions
• Impact of regulations on risk management
• Anti-money laundering and counter-terrorism financing (AML/CTF)
• Conduct risk and customer protection

Module 6: Emerging Risks

• Cyber risk and cybersecurity
• Climate risk and environmental, social, and governance (ESG) factors
• Model risk and operational risk

Target Audience

• Risk managers
• Compliance officers
• Financial analysts
• Middle and senior management in financial institutions
• Auditors and consultants

Course Benefits

• Enhanced knowledge of risk management principles and practices
• Improved ability to identify, assess, and mitigate risks
• Stronger compliance with regulatory requirements
• Increased confidence in decision-making
• Enhanced career prospects

By completing this course, participants will gain a solid foundation in risk management and be better equipped to protect their organizations from potential losses.