This financial risk management training will teach attendees how to participate in stress-testing initiatives and communicate results. Attendees will learn the tools and techniques to manage their institution’s financial risk.
Why should you Attend
- Stress-testing requires lateral knowledge and skills to be thoroughly pursued and constantly updated. It is no longer enough to neglect low-likelihood risks, even when there are few or no past occurrences of these risks, and if the perspective looks far away.
- This webinar will highlight pitfalls and chances of success for stress-testing to equip participants for adding key value to a financial institution’s risk management structures. Through lecturing and on-the-go questions, the instructor will encourage participants to think beyond routine risks and to examine with lucid minds extreme risks, beyond the usual defense ‘it will not happen’, or ‘it will not happen again’. It will also examine a few key scenarios to see how a financial institution can deal with such scenarios without compromising its key strategic objectives and enable every function to thrive in the knowledge that a few possible disasters have been prepared for.
Areas Covered in the Webinar:
- Stress-testing and scenario analysis
- The regulatory view - before and after
- Why and how stress-testing
- Designing and developing scenarios
- Deriving value from stress-testing
- Developing an action plan
- Communicating stress-testing
Who Will Benefit:
- Financial Officers
- Risk Officers
- Internal Auditors
- Operational Risk Managers
- Staff with roles and responsibilities in operational risk in risk management departments, businesses and central departments.
Course Provider
Fred Vacelet,
