Powered by Risk.

net

January March 2014

Training Calendar

Hosted by

Powered by Risk.net

Introduction
About Incisive Training
Incisive Training has been providing financial training courses for over fifteen years. Our public training courses are independently researched with industry experts to offer you focused and topical agendas on business critical issues facing the financial markets. At each course you will hear from expert practitioners offering their expertise and practical techniques to ensure you can resolve and respond swiftly to changing regulation, in addition to equipping you with the knowledge you need to advance in your careers.

Contact us

Benefits of Incisive Training

Cutting edge topics: we carefully research and develop the content of our seminars and training courses to ensure we meet the business needs of financial risk managers from around the world High quality speakers: our high quality speakers come from a range of organisations such as banks, investment managers, regulatory bodies and academic institutions. This allows you to learn from a range of market experts Peer group networking: given the niche subject matter we cover, group sizes at our seminars and training courses are intimate which in turn encourages focused discussion, debate and sharing of best practice Benchmarking: you will be learning alongside participants from similar organisations, disciplines and cultures which will allow you to benchmark your own firms working practices CPD/CPE: the majority of our training courses in Europe and North America will allow you to gain valuable CPD and CPE points to demonstrate your commitment to maintaining your knowledge and skills Trust: Risk has been a trusted provider of cutting edge training courses and seminars for over 15 years, and we pride ourselves on the timeliness and relevance of our content, as well as the expertise and professionalism of our tutors

In-House Incisive Training

All our public Incisive Training courses are transferrable into an in-house course, tailored to suit your specific training needs of your organisation. Alternatively our team can structure a unique program and produce bespoke courses for your business. For more information on in-house courses or for a quote, contact Alex Xavier on +44 (0) 207 004 7660 or via alex.xavier@incisivemedia.com

Hosted by

Powered by Risk.net

Schedule of Training
Subject > Finding Business Value In Solvency II > VaR and Alternative Analytics > VaR and Alternative Analytics > Counterparty Risk: Funding and Discounting CVA & FVA > Counterparty Risk: Funding and Discounting CVA & FVA > Variable Annuities in Europe: 2014 & Beyond > Pricing IRDs: OIS Discounting, Risk, Operations and Audit > Generation Asset Anayltics & Risk Management > Capital Management Under Basel III and CRDIV > Pricing IRDs: OIS Discounting, Risk, Operations and Audit > Selecting and Designing KRIs > Risk Model Validation: A Practical Approach for US Financial Institutions Venue London London

Contact us

Month February February February March March March March March March March March March

New York London New York London London London London New York London New York

Hosted by

Powered by Risk.net

Finding Business Value in Solvency II

in

Contact us

Location: London Date: 19 & 20 February 2014 Website: www.training.risk.net/solvency

London 19 & 20 February 2014

Finding Business Value in Solvency II

Course highlights
An update on the progress of Solvency II Focus on ORSA and reporting requirements Insights from expert practitioners Developing and communicating risk appetite Emphasis on creating value through Solvency II compliance Discussion of optimal asset and capital allocation strategy

Course tutors William Coatesworth, Consulting Actuary, Milliman LLP David Simmons, Head of Strategic Capital and Result Management, Willis re Alain Robert-Dautun, Head of Risk Management, Sycomore Asset Management Scott Eason, Head of Insurance and Pension Advisory, Societe Generale Anthon Seidel, Head of Group Wide ORSA Implementation, Swiss re Nicola Askham, Independent Data Governance Coach

About the Course

For many years now Solvency II has been creating a compliance burden for Insurers. Now, as we are starting to gain more clarity on the shape that the regulation will take, attention can be turned to making Solvency II work from a business perspective. This course will look at the key requirements of Solvency II and assess how strategic benefits can be gained from compliance.

Points

12

www.training.risk.net/solvency

Learning Outcomes

An understanding of the progress of Solvency II and an update on predicted implementation deadlines Insight on optimal capital and asset allocation strategies Understanding of how to create and implement internal models under Solvency II Awareness of balance sheet optimisation under Solvency II Comprehensive knowledge of the qualitative aspects of Solvency II including setting risk appetite An overall appreciation of how Solvency II compliance can add business value

Who should attend

Actuary Head of Solvency II Solvency II Programme Managers Director Vice President Compliance Treasurers Capital Management Risk Officers Risk Management Financial Officers Analysts CEO

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44 (0) 20 7004 7466 Hosted by

Powered by Risk.net

VaR and Alternative Analytics

in

Contact us

Location: London Date: 25 & 26 February 2014 Website: www.training.risk.net/varlondon About the Course
Risk is delighted to announce a brand new seminar covering the objectives, theoretical justifications, and practical implications of the soon-to-befinalised Fundamental Review of the Trading Book. After a process that has taken many years and much consultation, the Basel Committee is expected to publish final rules and implementation guidelines in regard to a new framework governing the calculation and management of market risk capital in the trading book.

London 25 & 26 February 2014

VaR and Alternative Metrics:

Risk Models, Regulation and Governance
Course highlights
L ed by experienced chairmen with long history of market expertise M embers of the BCBS Trading Book Group will present on and discuss the Fundamental Review T hree panel discussions allow for dynamic and open discussion in a closed-door setting (Chatham House) D iscuss the increasing importance of risk governance and communication within banking institutions H eavy focus on practical modelling techniques, with new methods driven by regulation and innovation V aR and Expected Shortfall weighed up against one another in light of regulatory drive to ES

Speakers
Karsten Stickelmann, Director, Deutsche Bundesbank and member of BCBS Trading Book Group Panelists: Vincent Baritsch, Head of Group Prudential Policy, RBS Jim Congleton, Head of Market Risk Analytics, Standard Chartered Ed Duncan, Director, Risk Regulatory Liaison, Barclays Capital Marc Peters, Advisor and Prudential Policy Expert, National Bank of Belgium and member of BCBS Trading Jerry English, Head of Trading Book Capital Management, Lloyds Banking Group Ignacio Ruiz, CEO and Founder, iRuiz Consulting

www.training.risk.net/varlondon

Learning Outcomes

The objectives and implications of the finalised Fundamental Review of the Trading Book The expectations of risk professionals from the regulators in the next 2 - 5 years How approving risk models at the desk level will help banks avoid weaknesses in modelling The risk and trading implications of moving the boundary between banking and trading book products How communicating risk, and improving governance throughout an institution can influence strategy

Who should attend

Compliance Risk Manager Derivatives Regulatory Reporting Quantitative Analyst Market Risk Model Validation Internal Audit Capital Management Risk Policy Risk Strategy Risk Appetite

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44(0) 20 7484 9875 Hosted by

Powered by Risk.net

VaR and Alternative Analytics

in

Contact us

Location: New York Date: 26 & 27 February 2014 Website: www.training.risk.net/varnewyork About the Course
Risk is delighted to announce a brand new seminar covering the objectives, theoretical justifications, and practical implications of the soon-to-be-finalised Fundamental Review of the Trading Book. After a process that has taken many years and much consultation, the Basel Committee is expected to publish final rules and implementation guidelines in regard to a new framework governing the calculation and management of market risk capital in the trading book.

New York February 27 & 28, 2014

VaR and Alternative Metrics:

Risk Models, Regulation and Governance
Course highlights
L ed by experienced chairmen with long history of market expertise M embers of the BCBS Trading Book Group will present on and discuss the Fundamental Review T hree panel discussions allow for dynamic and open discussion in a closed-door setting (Chatham House) D iscuss the increasing importance of risk governance and communication within banking institutions H eavy focus on practical modelling techniques, with new methods driven by regulation and innovation VaR and Expected Shortfall weighed up against one another in light of regulatory drive to ES

Speakers
Chairman and Course Moderator Santa Federico, Independent Consultant, former CRO Market Risk, Ally Bank Norah Barger, Senior Advisor, Division of Banking Supervision and Regulation, Federal Reserve Board of Governers, and Co-chair of BCBS Trading Book Group Gordon Liu, Head of Wholesale and Markets Risk Analytics, HSBC Bank USA Lucio Della Ratta, Internal Audit Director, Risk and Treasury, Barclays Capital

www.training.risk.net/varnewyork

Learning Outcomes

The objectives and implications of the finalised Fundamental Review of the Trading Book The expectations of risk professionals from the regulators in the next 2 - 5 years How approving risk models at the desk level will help banks avoid weaknesses in modelling The risk and trading implications of moving the boundary between banking and trading book products How communicating risk, and improving governance throughout an institution can influence strategy

Who should attend

Compliance Risk Manager Derivatives Regulatory Reporting Quantitative Analyst Market Risk Model Validation Internal Audit Capital Management Risk Policy Risk Strategy Risk Appetite

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44(0) 20 7484 9875 Hosted by

Powered by Risk.net

Counterparty Risk: Funding and Discounting CVA & FVA

in

Contact us

Location: London Date: 5 & 6 March 2014 Website: www.training.risk.net/counterpartylon

New York 12 & 13 March 2014

Counterparty Risk
Funding and Discounting CVA & FVA
Course highlights
Introduction to discounting CVA and FVA Guidance on Monte Carlo Simulation and more complex methodologies Practical examples of pricing Implementation of a CVA & FVA system in your organisation Hedging CVA and FVA Calculating regulatory and economic capital CVA risk management Practicalities of trading systems

About the tutor

Ignacio Ruiz provides contracting and independent consulting services in Quantitative Risk and CVA. He is highly delivery orientated. Ignacio has a proven track record at designing risk methodologies, building risk analytics frameworks and managing projects to completion in tier-1 investment banks. Previous to establishing himself independently, he was the head strategist for Counterparty Risk exposure measurement at Credit Suisse, and the head of Equity Risk Methodology at BNP Paribas. He holds a PhD in nano physics from Cambridge University.

About the Course

This course is essential for institutions that are keen to improve their knowledge in the key areas of modelling, managing and hedging counterparty risk. It will be of specific interest to those who are working to establish or improve their own CVA and FVA analytics and trading function.The course will also appeal to individuals from major CVA traders who would benefit from further knowledge on the fundamentals of the active management of counterparty risk.

Accredited

CPE

www.training.risk.net/counterpartyny

Who should attend

Learning Outcomes

Understand wrong way risk Calculate CVA using advanced methodologies CVA, DVA and funding explained Know how to manage CVA risk Implement a Counterparty Risk system in your organisation Distinguish the interaction between risk management, capital calculation and CVA pricing Determine how to optimise your corporate framework.

CVA Trading CVA Controller Structured Credit Valuation/Trading Head of Counterparty Risk Management Head of Collateral Management Counterparty Risk Analyst Head of Credit Risk Derivative Operations Chief Risk Officer Credit Risk Management/Analytics Market Risk Management/Analytics Quantitative Analyst CVA Modelling Model Review Model Validation

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44(0) 20 7484 9875 Hosted by

Powered by Risk.net

Counterparty Risk: Funding and Discounting CVA & FVA

in

Contact us

Location: New York Date: 12 & 13 March 2014 Website: www.training.risk.net/counterpartyny

New York 12 & 13 March 2014

Counterparty Risk
Funding and Discounting CVA & FVA
Course highlights
Introduction to discounting CVA and FVA Guidance on Monte Carlo Simulation and more complex methodologies Practical examples of pricing Implementation of a CVA & FVA system in your organisation Hedging CVA and FVA Calculating regulatory and economic capital CVA risk management Practicalities of trading systems

About the tutor

Ignacio Ruiz provides contracting and independent consulting services in Quantitative Risk and CVA. He is highly delivery orientated. Ignacio has a proven track record at designing risk methodologies, building risk analytics frameworks and managing projects to completion in tier-1 investment banks. Previous to establishing himself independently, he was the head strategist for Counterparty Risk exposure measurement at Credit Suisse, and the head of Equity Risk Methodology at BNP Paribas. He holds a PhD in nano physics from Cambridge University.

About the Course

This course is essential for institutions that are keen to improve their knowledge in the key areas of modelling, managing and hedging counterparty risk. It will be of specific interest to those who are working to establish or improve their own CVA and FVA analytics and trading function.The course will also appeal to individuals from major CVA traders who would benefit from further knowledge on the fundamentals of the active management of counterparty risk.

Accredited

CPE

www.training.risk.net/counterpartyny

Who should attend

Learning Outcomes

Understand wrong way risk Calculate CVA using advanced methodologies CVA, DVA and funding explained Know how to manage CVA risk Implement a Counterparty Risk system in your organisation Distinguish the interaction between risk management, capital calculation and CVA pricing Determine how to optimise your corporate framework.

CVA Trading CVA Controller Structured Credit Valuation/Trading Head of Counterparty Risk Management Head of Collateral Management Counterparty Risk Analyst Head of Credit Risk Derivative Operations Chief Risk Officer Credit Risk Management/Analytics Market Risk Management/Analytics Quantitative Analyst CVA Modelling Model Review Model Validation

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44(0) 20 7484 9875 Hosted by

Powered by Risk.net

Variable Annuities in Europe: 2014 & Beyond

Location: London Date: 18 & 19 March 2014 Website: www.training.risk.net/va

Contact us

About the Course

This two day training course is delivered by expert speakers and experienced insurance-sector facing practitioners. By attending this course, practitioners will be provided with the skills to fully integrate a risk management focus into product design, whilst also considering wider regulatory issues that are indicating the need for new approaches to variable annuities.

Learning Outcomes

Definitive overview of significant regulatory challenges A clear understanding of the impact of Solvency II capital requirement on the VA book Reviewing sources of risk including market risk and hedging Develop a best-practice approach to sustainable product design Gain experience in incorporating risk management into product design

Who should attend

Actuary Head of Solvency II solvency II Programme Managers Director Vice President Compliance Treasurers Risk Officers Risk Management Financial Officers Analysts CEO Asset Allocation

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44 (0) 20 7004 7466 Hosted by

Powered by Risk.net

Pricing IRDs: OIS Discounting, Risk, Operations and Audit

in

Contact us

Location: London Date: 18 & 19 March 2014 Website: www.training.risk.net/irdlondon About the Course

London March 18 & 19, 2014

Pricing IRDs:
OIS Discounting, Risk, Operations, and Audit
Course highlights
Detailed examples of the basics Discussion on the impact of of modelling: bootstrapping, collateral and counterparty zero-curve building risk on funding and pricing Examples of how pricing models are applied to various interest rate products Case study on building OISLIBOR, OIS Forward and OIS Swap Curves and the pitfalls to avoid Discussion on hedging strategies to minimise CVA/ FVA volatility Presentation on regulatory developments, internal audit and model validation

Speakers
Frank Mulder Senior Interest Rates Trader, Rabobank International Chris Hunt Former Head of Counterparty and Market Risk Operations Moises Gerstein Director, CVA and FVA, ING Bank Lucio Della-Ratta Audit Director, Risk and Treasury, Barclays Julian Keenan Head of CVA and FVA, Lloyds Banking Group Ales Lipensky CVA and FVA Trader, Lloyds Banking Group

Risk has hosted a number of group seminars exploring the industrywide impact of these developments. We are now pleased to be hosting a training course which will provide examples of how OIS discounting has impacted on pricing methods, how and why this effects middle and back office functions, as well as the consequences for compliance and internal audit groups.

Points

12

www.training.risk/irdlondon

Learning Outcomes

The operational challenges of managing collateral and margin in a CVA sensitive world How the use of OIS Discounting has had an impact on pricing methodology and support functions Why CVA has become a central part of dealers derivatives operations, and how it can be priced accurately What FVA is, why it is important in pricing, and the arguments for and against charging FVA on uncollateralised positions The objectives of hedging CVA and FVA, and the role of the CVA/FVA desk The impact of these many challenges on middle office and back office trading functions, particularly in regard to collateral and margin The long term risk, compliance and audit requirements for market participants

Who should attend

Rates Trade Support Derivatives Middle Office Derivatives Back Office Derivatives Finance/Funding Treasury Derivatives Legal Derivatives Technology Compliance Internal Audit Market Risk Manager Credit/Counterparty Risk Manager

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44 (0) 20 7004 7466 Hosted by

Powered by Risk.net

Capital Management under Basel III and CRDIV

in

Contact us

Location: London Date: 20 & 21 March 2014 Website: www.training.risk.net/capital About the Course

London 20 & 21 March 2014

Capital Management Under Basel III and CRDIV

Course highlights
Overview of capital regulations under Basel III and CRDIV Internal Model Method (IMM) vs. standardised approaches IMM from both a technical and governance perspective Initial margin requirements under central clearing Capital management in the central clearing process Collateral liquidity assessments

About the tutors

Dr Fabrizio Anfuso, Head of IB CCR Backtesting, CREDIT SUISSE Fabrizio is heading the CCR Backtesting methodology team in the Investment Banking Division of Credit Suisse. His areas of expertise are counterparty credit risk modelling, derivative pricing and regulatory capital. The main focus of his activity is the development and backtesting of stochastic models for exposure calculation of OTC derivatives, security financing transactions and exchange traded derivatives, as well as other regulatory driven methodologies. Fabrizio is co-chairing the masters course on counterparty credit risk of the quantitative finance program of the University L. Bocconi in Milan. Dr Dimitris Karyampas, Director, IB Exposure Measurement, UBS Dimitris is Senior Quantitative Analyst, Director at UBS AG. His areas of expertise are counterparty credit risk (CCR) modelling, CVA/FVA pricing and regulatory capital for the trading book. He works on stochastic models for capital computations for OTC derivatives, security financing transactions and exchange traded derivatives. Dimitris is co-chairing the master course on Counterparty Credit Risk of the quantitative finance program of the University L. Bocconi in Milan.

Risk is delighted to provide a two day training course delivered by experts from Credit Suisse and UBS. The course will specifically cover topics in counterparty risk including Basel III/CRDIV Capital Requirements, the Internal Model Method (IMM), Collateralised Monte Carlo, Central Clearing and Capital Management in the new regulatory landscape.

Points

12

www.training.risk.net/capital

Learning Outcomes

Understanding the capital requirements under BIII/CRDIV for cleared and non-cleared OTC transactions Quantify the capital benefit of an IMM framework vs. the infrastructure costs Learn how to make your IMM framework function in the most complex cases (collateralized MC, extended MPR, full simulation of initial margin) Understand the business impact of new regulation (e.g. the BIS proposal for a unified Non-IMM and the BCBS-IOSCO initiative for IM for uncleared OTCs) Improve your capital management under central clearing Discover which trades can and should be cleared

Who should attend

Capital management Economic capital Counterparty risk (front and middle office) Market risk Traded credit risk Fixed income Equities Foreign exchange Commodities Quantitative analysis Collateral management Derivatives valuation Model review/validation Internal audit

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44 (0) 20 7484 9875 Hosted by

Powered by Risk.net

Generation Asset Analytics & Risk Management

Location: London Date: 18 & 19 March 2014 Website: www.training.risk.net/generationasset About the Course

Contact us

This practical two day course is essential for gaining an overview of different price models and numerical techniques to allow you to value and manage a portfolio of thermal, wind, and hydro generation assets along with standard power contracts. You will learn how to delta hedge assets, calculate a variety of risk metrics such as Value at Risk, Earnings at Risk, Potential Future Exposure, and how to analyse these risk metrics.

Learning Outcomes

The latest methodologies for modelling energy prices, including single factor, multi factor and hybrid models Explore various numerical techniques to value options, model assets and measure risk Effectively analyse wind and hydro assets How to treat generation assets as real options Determine the effects of operational constraints and emissions on the value of generation assets Measure the risk in portfolios that contain generation assets and financial contracts Accurately calculate important risk metrics such as value at risk, earnings at risk, revenue at risk, gross margin at risk and potential future exposure

Who should attend

Heads, directors, managers and business analysts of: Quantitative analysis Risk management Risk modelling Structuring Valuation Power asset optimisation Portfolio optimisation

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44 (0) 20 7004 7466 Hosted by

Powered by Risk.net

Pricing IRDs: OIS Discounting, Risk, Operations and Audit

Location: New York Date: 25 & 26 March 2014 Website: www.training.risk.net/irdnewyork About the Course

Contact us

Risk has hosted a number of group seminars exploring the industrywide impact of these developments. We are now pleased to be hosting a training course which will provide examples of how OIS discounting has impacted on pricing methods, how and why this effects middle and back office functions, as well as the consequences for compliance and internal audit groups.

Learning Outcomes

The operational challenges of managing collateral and margin in a CVA sensitive world How the use of OIS Discounting has had an impact on pricing methodology and support functions Why CVA has become a central part of dealers derivatives operations, and how it can be priced accurately What FVA is, why it is important in pricing, and the arguments for and against charging FVA on uncollateralised positions The objectives of hedging CVA and FVA, and the role of the CVA/FVA desk The impact of these many challenges on middle office and back office trading functions, particularly in regard to collateral and margin The long term risk, compliance and audit requirements for market participants

Who should attend

Rates Trade Support Derivatives Middle Office Derivatives Back Office Derivatives Finance/Funding Treasury Derivatives Legal Derivatives Technology Compliance Internal Audit Market Risk Manager Credit/Counterparty Risk Manager

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44 (0) 20 7004 7466 Hosted by

Powered by Risk.net

Selecting and Designing KRIs

in

Contact us

Location: London Date: 26 & 27 March 2014 Website: www.training.risk.net/kri About the Course

London 26 & 27 March 2014

Selecting and Designing Effective KRIs

Course highlights
Receive a comprehensive overview of indicators Understand step by step how to select predictive KRIs Discuss risk culture and indicators Understand risk and control identification through process mapping

About the tutor

Ariane Chapelle, PhD, MIRM Ariane Chapelle is a professional trainer and independent adviser with 20 years experience in teaching and training both academic and executive audiences. She is active in operational risk since 2000, with business experience acquired in managerial functions in Internal Audit and Risk Management in ING Group and Lloyds Banking, academic research, independent consulting and training. She has designed, managed and run operational risk training programmes for several international banks and facilitated hundreds of training sessions on operational risk along the years across Europe, Middle East and Asia. Ariane Chapelle is Tenured associate professor of Finance and Risk Management (Universite Libre de Bruxelles, Belgium). She has published books and articles on Corporate Governance and Operational Risk Modelling and Management. She won two years in a row the Outstanding Speaker award in the MBA programme of Warwick University. She is a full member of the Institute of Risk Management and of the Institute of Operational Risk.

Through a combination of presentations and practical exercises, this seminar offers a full review of the role and attributes of KRIs in financial services, clarifies some confusing ideas about the topic and positions a risk indicators programme in a risk management framework. It suggests a list of the best performing KRIs in some banking and financial markets activities and proposes a step by step method to select and design proactive KRIs.

Helpful methodology to focus on risk root causes and derive relevant KRIs
Operational Risk Specialist, AXA Bank Europe (BE)

Points

12

www.training.risk.net/kri

Learning Outcomes

Design an efficient indicator program in a risk management framework Specify relevant indicators for various tasks Focus on predictive risk indicators for their own activity Use indicators as an effective management tool Collect the right information to report on Define threshold levels for KRI that translate corporate risk appetite Comprehend the methods and strategies to use KRIs efficiently Improve returns as a result of monitoring KRIs

Who should attend

Business Officers Credit Risk Managers Operational Risk Managers Internal Auditors Consultants Regulators

How to book options

Register Online CLICK HERE Email CLICK HERE Phone +44 (0) 20 7004 7466 Hosted by

Powered by Risk.net

Risk Model Validation

in

Contact us

Location: New York Date: 27 & 28 March 2014 Website: www.training.risk.net/rmv About the Course

New York 27 & 28 March 2014

Risk Model Validation

a Practical Approach for US Financial Institutions
Led by Peter Quell and Christian Meyer

About the tutors

Christian Meyer is a quantitative analyst in the portfolio analytics team for market and credit risk in the risk controlling unit of DZ BANK AG in Frankfurt, where he is responsible for the development of portfolio models for credit risk in the banking book and incremental risk in the trading book. Before joining DZ BANK, Christian worked at KPMG, where he dealt with various audit and consulting aspects of market risk, credit risk and economic capital models in the banking industry. He holds a diploma and PhD in mathematics. Christian is member of the editorial board of the Journal of Risk Model Validation. Peter Quell is Head of the Portfolio Analytics Team for Market and Credit Risk in the Risk Controlling Unit of DZ BANK AG in Frankfurt. He is responsible for methodological aspects of Economic Capital and the New Market Risk Framework. Prior to joining DZ BANK AG Peter was Manager at d-fine GmbH where he dealt with various aspects of Risk Management Systems in the Banking Industry. He holds a MSc. in Mathematical Finance from Oxford University and a PhD in Mathematics. Peter is member of the editorial board of the Journal of Risk Model Validation.

Course highlights
The origins of risk models Elements of risk models and risk model failures The risk model validation roadmap Regulatory expectations of risk model validation Impact of the Fundamental Review of the Trading Book on risk models Scenario and sensitivity analysis Use of data and reporting requirements The risk model validation framework

Over the last few decades we have seen the use of quantitative risk models become a cornerstone of financial regulation. Financial institutions now have to determine capital buffers based on increasingly complex modelling techniques. With these challenges in mind, Risk is delighted to offer this specialist training course which has been designed to focus on the assessment of risk models in the context of concrete risk model implementation. There are numerous validation tools available, and the course will individually describe these tools and their application in practice. The course will offer a holistic perspective of validation which should be kept in mind at all times - validation is about assessing the usefulness of a quantitative risk model.

Accredited

CPE

training.risk.net/rmv

Who should attend

Chief Risk Officer Head of Risk Management Head of Market / Credit Risk Management Risk Managers, Analysts and Controllers Risk and Credit Risk Controllers Head of Stress Testing Head of Operational Risk / Risk Appetite Model Validation Model Review Equity and Fixed Income Analysts Credit Portfolio Specialists Hedge Fund Managers Asset Fund Managers Quantitative Analys Derivatives Legal Derivatives Technology Compliance Internal Audit Market Risk Manager Credit/Counterparty Risk Manager CLICK HERE

Learning Outcomes

Discover why risk models play such a prominent role in finance today Learn to build quick and simplifed risk models Discover the tools to check the limits of quantitative risk models Find out how to implement a validation strategy for your own institution Learn about the implications resulting from the regulatory framework for the trading book

How to book options

Register Online CLICK HERE Phone +44 (0) 20 7004 7466

Email

Hosted by

Powered by Risk.net

In-House
Want to run one our public courses in-house? Need a financial course not covered in our public training?

Contact us

Incisive Training is a leading provider of professional training services. Our public training courses and educational seminars have been applauded for their unique multi-speaker approach to learning; we provide attendees with a variety of perspectives on the most practical challenges they face, so they may in turn serve their clients. However, we understand public training cannot always be ideal for training requirements - particularly when staff need to be trained quickly or en masse. In association with our market leading brands, we can replicate any of our public training programmes to become an in-house training course.

Benefits of on-site training:

C ontent and delivery tailored to meet your needs and challenges Save money on staff travel and accommodation costs Comprehensive course documentation provided to each attendee All courses delivered at a location and time that suits you

Our Tutors

I ndividuals with extensive experience in the financial markets Possess a proven track record in training design and delivery Encourage interaction and discussion Pass on real life case studies and example

Our Methodology

Identify Training

Contact us today for an initial consultation

Evaluate Training Design Training

Alex Xavier Training manager T: +44 207 004 7660 alex.xavier@incisivemedia.com

Deliver Training

Hosted by