This training program will cover the most significant standards and guidelines issued by the Basel Committee on Banking Supervision and discuss the most effective strategies for their implementation. We will also review proposed rules that will affect international banks and other financial institutions in the near future.
Risk management is a key component of every financial institution’s governance framework. To identify, assess and manage risk effectively, risk-data must be collected, processed, aggregated and reported in a secure and well-controlled environment. Additionally, compliance with regulations such as risk-based capital rules, specifically require challenging data quality and modeling standards to be met.
This seminar will also address best practices with respect to turning source data into reliable information that can be used to enhance risk management and decision-making processes at financial institutions, and to comply with federal regulations and international standards. During this session, we will review Risk Data Management along the spectrum of governance: identification, collection, tracking, modelling, internal/external reporting and impacts on regulatory capital.
At the end of this seminar you should be able to:
- Describe the Basel capital accords and guidelines and how they affect banks and other financial institutions
- Understand the challenges and opportunities related to their implementation
- Prepare for changes that are scheduled to occur in the next four years
- Build a risk data management framework to support risk and capital reporting
- Develop a model risk management program, including an effective model validation process
- Understand the different methods used to assess and quantify risk
- Describe how regulatory capital is calculated and reported
- Regulatory Compliance
- Risk Management
- Corporate Governance
- Policy Management
- Capital Management
- Liquidity Management
- Financial Modeling
- Risk Data Aggregation and Reporting
Who will Benefit:
This seminar will provide valuable information to individuals occupying the following positions in the financial services industry:
- Risk Officers
- Compliance Officers
- Internal and External Auditors
- Financial Controllers
- Corporate Treasurers
- Financial Officers
- Business Analysts
- Corporate Secretaries
The Basel Committee on Banking Supervision (BCBS) is the primary global standard setter for the prudential regulation of banks. Since the financial crisis of 2008, the BCBS has published a new capital accord (Basel III,) and a number of guidelines governing risk data aggregation and reporting and internal modeling. BCBS is now introducing a series of enhancements to Basel III that have been nicknamed Basel IV.