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后台输入rmwp，一键获取risk managemet workshop报名链接；May 1周日正式开讲！
Risk Management Workshop Plus (RMWP)
Bay Street Professionals Group 集结15位业界精英打造了全方位金融风险管理之旅 –
Risk Management Workshop Plus (RMWP)
Step 1: Know Framework: Risk Management Life Cycle - Warren Cai
Risk functions within a financial institution could cover across front office, middle office and back office. Some financial institutions even build risk oversight function to make sure the risk management practices are properly performed. There is a huge demand of risk management professionals in this industry and it is an excellent profession for those who are interested.
The workshop will provide a general overview of the risk management function with some discussions on recent hot topics.
This case session is intended to provide an overview of the typical life cycle of the risk management function within a financial institution, with heavy emphasis on Market Risk. The topics include:
Risk Scenario Generation and Model 风险情境模拟
- Impact of the recent negative rates environment
Risk Models/Methodologies 风险模型方法论
- Stochastic Models and Simulation
- Applications of the models: VaR, PFE, Tail Risk etc
Risk Reporting and Analysis 风险报告与分析
Step 2: Know Modeling: Valuation Models and Model Validation
In recent years, more complex derivative products have emerged which leads to the development of more complicated models. This calls the need for more active and effective management of model risk, through model validation and governance activities.
As a result, model development and model validation have become the two most common job functions for people who have quantitative background/training (such as mathematics, physics, computer science etc.). The module is for people who want to become a “Quant” in the risk management area.
The market risk session I will mainly cover two areas: introduction of valuation models and model validation.
Introduction of valuation models will start with a brief overview of the derivative market and followed by the description of valuation models used for different asset classes such as Equity and FX.
Then model validation and governance will be discussed which includes model development to approval cycle and ongoing model performance monitoring.
Step 3: Know Market: Interest Rate Risk Management 市场利率风险 – Jonathan Zhang
Interest rate risk is the exposure of a bank's financial condition to adverse movements in interest rates. Accepting this risk is a normal part of banking and can be an important source of profitability and shareholder value. Insurance companies are exposed to the interest rate risk on their general accounts, as they sell long-term insurance products whose present value depends on interest rates. Excessive interest rate risk can pose a significant threat to these financial institutions’ earnings and capital base.
This case study covers the fundamentals of the source of interest rate risk and their impacts to a bank and life insurance company; the role of ALM/LDI team in these financial institutions in managing interest rate risk; the tools used by ALM/LDI team to measure and hedge interest rate risk; as well as an overview of integrating investment strategy, risk measurement, and risk management to achieve higher risk adjusted return for the insurance surplus portfolios in today’s low interest rate environment.
Sources and impact of interest rate risk
Role of ALM/LDI in bank and insurance company
-Interest rate risk measurement and illustration:
-Bank - Gap Analysis, EV measure
-Insurance company - EaR, CaR
Managing interest rate risk - KRD matching, DV01 hedging, CF hedging
Application - Enhancing portfolio risk adjusted return in the low interest rate environment
Step 4: Know Customer: Retail Credit Risk 信用风险 – Wei Jiang
Retail banking has been the bread and butter business for Canadian banking as the combined portfolio size for retail products well exceeds 60-70% for the Big 5 Canadian banks. The 2008 US subprime mortgage crisis originated from lending to customers with high risk profile and little ability to pay, which took place in retail banks.
The case session on retail credit risk will cover four major areas: adjudication, account management
Adjudication, account management, and collection are all key stages within the lifecycle of retail products. During the session, introduction to each will be given, along with the decision areas residing in each, as well as the optimized strategies that govern each decision area. Key input variables in the optimized strategies will also be covered.
Fraud related to retail banking will be introduced, with a classification of the types of fraud banks usually encounter. Finally, detailed step-by-step procedure of model development and validation of credit scoring models will be covered.
框架– 模型 – 市场 – 客户涵盖在前三个Module中
* Module 4 & 5 have identical contents, just different time slots; limited spots for each session to provide 1 v 1 experience
** Module 7 will be restricted to limited number of candidates
Case Study Package:
Module 1 + 2 + 3
三次扎实的课的理论学习和案例分析，从知识层面对风险管理进行全面梳理。结合最前沿的案例分析，切实理解行业前沿，活学活用
Soft Skill Toolkit Package:
Module 4(or 5)+6
由从业多年的professionals 组成的15 人超级团队，针对风控职位特有的简历与常问面试问题进行辅导
Full Package:
Module 1 + 2 + 3 + 4(or 5) + 6
一个月的集中特训，让你脱胎换骨
Module 1: Sunday, May 1, 2016
Comprehansive Overview of Financial Risk Management
最强贝街风控讲师团将为大家全面解析Financial Risk Management Industry，干货满满的三小时，这个周末，让自己过的更充实一些！
所剩位置有限，请点击下方“阅读原文”， 或复制网址“http://baystreet-rmwp.eventbrite.ca” 即可报名！
咨询与报名方式
本次workshop plus 需要对风险管理有基本了解主要面向已参加工作人士OR本科高年级学生
全部课程具体介绍和报名链接请点击文末左下角“阅读原文/Read more”
如对讲座有任何疑问，欢迎联系我们：
更多课程详情：风险管理界中的太阳后裔是怎样炼成的？你一直寻找的Ta叫风控特训
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后台输入rmwp，一键获取Risk Managemet Workshop Plus报名链接；May 1 周日正式开讲！
