Corporate Risk Management Workshop

Excel Focused Technical Skill Development

2 DAY WORKSHOP
(Workshop is not being offered at this time)

Qualifies for CPD and 14 CPE Credits

For this intensive and highly interactive course, all delegates are strongly recommended to attend the workshop with a laptop computer loaded with Microsoft Excel.

INTRODUCTION

Following the recent developments in financial markets that increased the volatility in interest rates and exchange rates as well as limited the liquidity, corporates and financial institutions have started paying attention to treasury risk management now more than ever before. This interactive and practical course, through intensive applications is designed to help intermediate level professionals better understand the treasury management tools and techniques to take advantage of as well as protect their firms from high volatility and liquidity crunches within interest rate and currency exposures. The course will provide practical advice through the latest quantitative techniques and models to generate maximum cash flows with minimum risk management strategies.

Who should attend?

This intensive and interactive course is designed for intermediate to advanced level professionals both in corporations or financial institutions, such as corporate finance managers, risk managers, treasury executives, treasury back office personnel, dealers, traders, money market managers, FX executives, accountants and auditors.

What will you get out of this course?

• Learn the key elements of treasury risks
• Design the optimum cash flow management model based on the need of your company
• Discover how to allocate the funds effectively to maximize your company’s cash flows
• Understand interest rate and foreign exchange risk management
• Experience the risk management instruments to hedge your treasury risks
• Create the shareholder value through treasury

COURSE OVERVIEW AND OUTLINE

Overview of treasury function

• Treasury risk management: Nature of treasury risk, cash flow, liquidity risk, market risk, setting the strategy, treasury’s role, typical treasury organizations

Liquidity management

• Managing working capital
  • Elements of working capital, strategies and processes, managing trade credit and receivables, managing short-term investments and borrowing
• Managing cash
  • Daily cash position, managing information, treasury information systems, treasury technology, cash flow forecasting
• Cash flow analysis
  • Maturity gap analysis, cash inflows and outflows, contractual and behavioral cash flows, currency analysis, derivatives adjustments, payments collateral and intraday liquidity
• The determination of capital structure
  • Debt and equity capital in the capital structure, the cost of capital, asset securitization, maintaining desired debt rating dividends and share buy-backs
• Term structure analysis
  • Liquidity ladder, capital and deductions, contractual and behavioral term structure liquidity, non-maturing assets and liabilities
• Other issues
  • Economic influences, impact of credit ratings, cross-currency liquidity management, stress-testing liquidity
• Case studies and application in Excel

Managing financial risks

• Establishing risk strategies and special international treasury techniques
• Interest rate and market (including FX) risks

• Sources of interest rate and market risks, measuring interest rate and market risks (Value-at-Risk based measures, expected shortfall based measures, extreme value-based measures, economic value measures, net interest income measures, non-interest income and expense, scenario analysis, net gap analysis, duration-based analysis, simulation-based analysis), managing interest rate and market risks (consolidation and netting of risks by category, hedging of net risk positions, operating limits and controls, stress-testing, internal controls, information systems)

• Case studies and application in Excel

• Tools for risk management

• Forward transactions, forward rate agreements (FRAs), futures, interest rate and currency swaps, interest rate options, swaptions, credit derivatives

• Case studies and application in Excel