Risk Management Banking & Financial · PDF fileBanking & Financial Services. ... Risk Reward is a financial services risk management advisory and training firm which ... First Atlantic

Risk ManagementBanking & Financial Services

Risk Management is central to the way a financial institution works. Building theelements of risk management into a consistent and effective framework is a challengefor many firms. With our experience across enterprise risk management, credit risk,market risk, liquidity risk and reputational risk, we are able to add value to the projectsand solutions implemented by our clients.

At Risk Reward we are regularly working with banks and regulators in both thedeveloped and emerging markets and are proud of our reputation for deliveringhigh quality advisory services and training to meet their needs. Basel II and itssuccessor papers raised the bar for risk management in many firms. We regularlyassist firms to achieve their Basel II programme objectives addressing the key issuesof risk, governance and the development of a risk management framework, the pillar1 requirements for credit, market and operational risk; and the pillar 2 requirementsincluding ICAAP developments. Working with management we can assist with theimplementation of practical solutions that add value to the business.

Whatever new regulatory framework emerges, soundly based banks with propersupervision and management systems and those which actually generate real profits,will be best placed to take advantage of the full upswing when it eventually arrives.When it does, we believe that mergers and acquisitions and consolidation of thebanking sector will follow. The strong – and not necessarily the largest – will take overthe weak and underperforming. Where will your bank be when this occurs?

This brochure sets out our key services on risk management which we believeprovide a bank and its employees with the key skills required for a successful riskmanagement implementation.

More information:www.riskrewardlimited.com

Dennis Cox, Chief Executive Officer

Contentspage

About Risk Reward 2Global Markets and Clients 3Advisory Services

– Enterprise Risk 4– Credit Risk Management 5– Market Risk Management 7– Treasury and Liquidity 8– Operational Risk 9

Training Services– Accredited 10– Corporate 12

For your consideration 13


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Risk ManagementBanking & Financial Services

Risk Reward Limited – About UsFace your risk management issues with a trusted resource

Risk Reward is a financial services risk management advisory and training firm which specialises in developinginnovative and cost effective solutions for its clients. With a pool of in excess of 600 experts, we are able to meetthe increasing demands of our clients by providing a tailored high quality, professional service at a price thatrepresents real value for money.

Our clients tell us that we ‘get it right’. To date we have assisted some 300 firms with their risk management,whether as consultants or as specialist technical trainers. Specialising in all areas of risk management, we are ableto provide pro-active solutions addressing:

● Enterprise risk management ● Credit risk ● Model risk● Counterparty credit risk ● Market risk ● Operational risk● Liquidity risk ● Strategic risk ● Reputational risk

Each new financial crisis highlights the importance of having thorough and effective total risk management. Wehave developed high quality services which address the demands of fast changing regulation.

Quality deliverables means quality people. Our consultants have been Basel, banking, accounting, audit andinsurance industry risk practitioners for 20-30 years, experts in their specific fields. They use this knowledge todesign practical solutions to the on-going needs of our clients. Through the application of personal experience,sector knowledge and practical know-how gained in both developed and emerging markets, they are able toprovide appropriate and added value solutions to the problems faced by financial services risk managementtoday.

This brochure is designed to provide you with key information on the various risk management consultancyservices available to regulators, banks, insurance companies and financial institutions.

We invite you to challenge us to add value to your business.


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Global Markets & Clients

AfricaAfrican Banking CorporationBanque africaine de développementBarclays Bank (South Africa)BDO (Mauritius)Cavmont Capital Bank (Zambia)Central Bank of NigeriaChaseBank (Kenya)Citizens SME Agency (Botswana)Commercial Bank (Zambia)Commercial International Bank (Egypt)Development Bank (Rwanda)Développement Bank PHB (Nigeria)Eco Bank (Ghana)Egyptian Banking Institute (Egypt)Exam Ready (South Africa)Finance Bank (Zambia)First Atlantic Merchant Bank (Ghana)First Bank (Nigeria)First Rand Bank (South Africa)FITC – Financial Institution Training

Centre (Nigeria) Guaranty Trust Bank (Nigeria)HFC Bank (Ghana)Housing Finance (Uganda)Indefund (Malawi)Intercontinental Bank Plc (Nigeria)Intermarket Banking (Nigeria)Investment Banking & TrustInvestrust Bank (Zambia)Investec (South Africa)LEFISA Ventures (Lesotho)National Bank (Malawi)National Commercial Bank

(Saudi Arabia)National Investment Bank (Ghana)Nedbank (South Africa)Nigeria Capital Market InstituteOmnifinance (Cote D’Ivoire)Press Trust (Malawi)Prudent Bank (Nigeria)RawBank (Congo)Rokel Commercial (Sierra Leone)Sierra Leone Commerce BankStandard Corp. & Merchant BankTrust Bank (Ghana)UBA (Nigeria)UBA Capital (London)Union Bank (Cameroon)Zenith Bank (Nigeria)

Russia & CISAlfa Bank (Ukraine)Bank TuranAlem (Kazakhstan)Banking institute of ArmeniaCentral Bank of ArmeniaEurasian Bank (Kazakhstan)HSBC (Armenia)Im Bank (Russia)Prometey Bank (Armenia)Raiffeisen Bank (Russia)Troika Dialog (Russia)

UK & Ireland/EuropeABN-AMRO Bouwfonds (Netherlands)ACCA (UK)AccBank (Ireland)Association of Cyprus Commercial

BanksBanco de SabadellBanco Santander TottaBank Julius Baer & CoBank Mandiri Ltd (Cyprus)Bank of Bermuda (Luxembourg)Bank of England (UK)Bank Saderat plcBank Sepah International plcBNP ParibasBrunel University (UK)Christiania Bank (Norway)City Speakers International (UK)Clariden Bank (Switzerland)Combined Insurance (UK)Commerzbank AGCo-operative Bank (UK)Credit Agricole Asset ManagementCredit Suisse (Switzerland)D C Gardner (UK)Depfa Bank PlcDeutsche Postbank AGDexia Bank Belgium London BranchDNB ASA (Norway)Euromoney (UK)EuroNBank (Greece)Eximbank (Romania)Fortis Bank (Netherlands)Habib Bank (Switzerland)Hrvatska Postanska (Hungary)HSBC (UK)HVB Bank (Czech Republic)ICAEW (UK)ICICI Bank (India)Im Bank (Russia)ING Group (Netherlands)International Development (Eire)International Moscow Bank (UK)Investec (UK)JP Morgan Chase (UK)Kredietbank (Luxembourg)Laiki Bank (Cyprus)Landsbanki (Iceland)MISMKB Bank (Hungary)NatixisNederlandse Waterschapsbank

(Netherlands)Nordea (Finland)Nordic Investment Bank (Norway)PWC (Romania)Rabobank (Netherlands)Raiffeissen Zentralbank (Austria)Royal Bank of Scotland (UK)Russian Commercial Bank (Cyprus)Chartered Institute for Securities and

Investment (UK) Santander BankSociété GénéraleStandard Chartered Bank (UK)Swedbank (Sweden)Total Solutions (Netherlands, Dubai)Unisys (UK)Yorkshire Building Society

AmericasBank of AmericaCentral Bank of BrazilCentral Bank of MexicoCitizen’s BankComerica IncEnbridge IncFederal Reserve Bank of DallasFirst Citizen’s BankFirst Niagara BankFederal Reserve Bank of New YorkFRB of New YorkFreddie MacING GroupJohnson Financial GroupLance IncLegg Mason & CoMISMorgan StanleyNorthern TrustProtivitiState Street

AsiaABN-AMRO (Hong Kong, Singapore)Banco Nacional Ultramarino (China)Bank Negara (Malaysia)Bank of Baroda (India)Bank of ChinaBank Negara Indonesia (Persero)Bank TuranAlem (Kazakhstan)Barclays Private Banking (Hong Kong)Canara BankDFCC (Sri Lanka)Dhaka Bank Ltd (Bangladesh)Dutch Bangla Bank (Bangladesh)Ethan Hathaway (Hong Kong)ICBC (Hong Kong China)L B Finance Ltd (Sri Lanka)Mercantile Bank Ltd (Bangladesh)Mitsubishi UFJ Securities

International PlcMonetary Authority (Hong Kong)Monetary Authority (Singapore)National Development Bank

(Sri Lanka)Norinchukin Bank (Japan)Orient Financial Services (Sri Lanka)Oriental Bank of Commerce (India)Overseas Chinese BankingPremier Bank (Bangladesh)PT Bank BNI (Persero)RedMoney (Malaysia)State Bank of Bikaner & Jaipur (India)Swiss Reinsurance (Hong Kong)TBK (Singapore)Whitestone (Singapore)

Middle EastAbu Dhabi Audit AuthorityAbu Dhabi Centre for Corporate

GovernanceAbu Dhabi Investment AuthorityAl Rajhi Bank (Saudi Arabia)Al-Ahli Bank (Kuwait)Al-Mashreq Bank (Dubai)Al-Mujaz (Saudi Arabia)Arab Banking CorporationArab National Bank (Saudi Arabia)Bahrain Institute of Banking

and FinanceBank AudiBanque Saradar (Lebanon)Banque Saudi Fransi (Saudi Arabia)Byblos Bank (Lebanon)Commercial Bank of KuwaitCommercial International Bank (Egypt)EFG-Hermes Fund ManagementEngro Polymer & Chemicals LimitedEnhance (Dubai)Finance Al Ain International GroupFinance Gulf Takaful Insurance CoFinancial Control Guaranty

Trust AssuranceFirst Gulf Bank (Dubai)Fleming Gulf (Dubai)Fransabank (Lebanon)Global Investment Bank (Kuwait)Institute of Banking Studies (Jordan)Institute of Banking Studies (Kuwait)Investments Emirates Int’l

Investment CoIslamic Development Bank (Jeddah)Israel Discount Bank LtdNational Bank of Abu DhabiNational Bank of KuwaitNational Commercial Bank (Kuwait)Red MoneyRiyad Bank (Saudi Arabia)Samba Financial GroupSaudi Arabian Monetary AgencyTotal Solutions

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ADVISORY SERVICES

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Enterprise Risk Enterprise Risk Management (“ERM”) is an approach to risk management that encompasses the complete riskmanagement cycle, ensuring that the bank or firm takes a consistent and integrated firm-wide approach tomanaging all of its risks and their interactive effects. It involves a senior management top-down approach toensure that ALL risks in the firm and their effects are considered in the risk management process, together witha bottom up process to ensure that it is embedded into the business.

The process includes:

How to achieve Risk Success in Implementing ERM

We can help you ensure that your risk management process is comprehensive and firm through providingconsulting services such as:

At Risk Reward we have experienced risk consultants who are well known experts in the development ofenterprise risk management frameworks and solutions. We know the value that they add and the assurancethey can provide your risk department or Board.

● Risk process evaluations – we will assess yourERM practices, compare them to internationalbest practice, to determine potential points ofweakness, and develop and implement anapproach to mitigate those weaknesses.

● Risk assessments – we will assess practicesand methodologies on a more micro-oriented basis and develop an approach toensuring that any individual area meets yourfirm’s risk management guidelines consistentwith its risk appetite, goals and missions.

● Conduct best practices benchmarking toensure that your approach meets thedemands of relevant rules, regulations and thedemands of corporate governance.

● Review the ERM systems architecture toensure that it meets the demands set bystakeholders, is effective and efficient,recommending and selecting appropriatesoftware solutions as required.

● Review and develop appropriate Pillar 2disclosures (ICAAP) to meet the needs ofthe regulators and appropriately articulatethe relevant control structure.

● Risk Identification – identify all of the risksthat are relevant and the degree to whichthey can affect the firm.

● Risk Measurement – the ability to quantifythose risks that can be quantified, togetherwith the impact on the control environment,allows a firm to prioritize its risks by thedegree to which they can hurt the firm.

● Risk Monitoring – the ability to monitor riskand disseminate the resulting information tothe right manager at the right time is critical.This involves designing risk reports andreporting processes that are meaningful andprovide the information necessary toevaluate the risks, enabling management tomake optimal decisions.

● Risk Mitigation – this is the actual proactivemanagement of the risk profile; ensuring thatit remains within the firm’s risk appetite,based on the goals and mission of the firmand providing conclusions on the activemanagement of these risks.

MONITORING

INFORMATION & COMMUNICATION

CONTROL ACTIVITIES

RISK RESPONSE

RISK ASSESSMENT

EVENT IDENTIFICATION

OBJECTIVE SETTING

INTERNAL ENVIRONMENT

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COMPLIANCE

REPORTING

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STRATEGIC

STRATEGIC

The key challenge for many credit risk management teams is both making the new credit risk management ruleswork and also to add value. The internal ratings based approach in particular provides many new opportunitiesfor a bank to develop their credit function to provide greater analysis and confidence.

Our consultants have experience of implementing innovative retail and corporate credit risk managementsolutions in a broad range of international institutions. We can:

The Changing Demands on Corporate Credit Risk Credit risk needs to become more forward looking; yet corporate credit risk in particular has focused on theuse of historic data. This may require a change to the approach that has been used for many years.

Risk Reward can help your firm achieve this transition by:

● Developing your credit policies andprocedures

● Designing new approaches to theassessment of credit risk

● Implement effective stress testing andscenario modelling

● Implement forward looking portfoliomeasures

● Undertake a gap analysis to establish theextent to which your firm’s existingprocesses and procedures need to beenhanced to meet the demands of the newregulations.

● Train your teams to ensure that they arefully aware of these new rules and how tomeet these obligations.

● Develop solutions to ensure that your firmcomplies with such obligations.

● Design reporting suites to ensure that thebusiness uses the information both withinthe business lines, and at Board level.

Credit Risk Management Meeting the increasing demands of the changing rules and regulations

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Model DevelopmentAs an independent risk consultancy firm not aligned to any software firm we are able to provide the trulyindependent advice and guidance that firms actually require – and with our consultants having each in excessof 15 years of experience we can also provide the knowledge and expertise of having dealt previously withdifficult and fast changing markets.

Risk Reward specialist consultants are available to meet these challenges for you, performing the following servicesto supplement the skills available within your credit risk management team.

These experts can:

Our consultants are experienced credit professionals that understand your needs and the developing market.Whether undertaking an assignment, working within a team or providing training solutions, our experts willtransfer their knowledge to the client to ensure that they gain the maximum benefit.

Why not call us for more information or challenge us to meet your credit risk needs?

● Review and validate credit risk models● Ensure that the model validation

exercises have been appropriatelyconducted across the full range of accounttypes that are to be considered.

● Review the mathematical modelling● Develop scoring systems and approaches● Review internal rating systems

Credit Risk Management


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Market Risk Management

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Feeling the Pressure in Market Risk Management? Risk Reward consultants include an impressive team with deep and meaningful market risk experience. Thisexperience ranges from the modelling to the processing end of the market risk cycle. With technical expertsin foreign exchange, futures and forwards, options and swaps, commodities and complex derivative products, weare able to provide banks and financial services institutions with a complete service addressing all of the marketrisks that they face in practice.

Specific areas of our expertise include:

● Interest rate risk management ● Market risk management● Equity pricing risk ● Bond pricing risk● Commodity pricing risk ● Currency risk management● Property and portfolio risk management

We provide the following consulting services:

Who is challenging Market Risk Reporting?At Risk Reward our practical approach to market risk enables our consultants to effectively communicatecomplex issues to senior management. We also offer independent experts that can be used to supplement yourexisting independent resources, for example as an additional non-executive director, providing a higher level ofreview and investigation as required.

Dealing with Stress EventsAnother area where significant assistance can be provided is in the area of stress testing. For many firms evenidentifying suitable stress events that meet the Basel soundness standard for market risk can provide a challenge.Designing a solution that appropriately evaluates such a stress event is even more complex. At Risk Reward wehave been developing market risk stress scenarios for seven years and are well versed in the issues that arise inpractice.

Designing techniques to overcome the level of uncertainty and the weakness of data sets, we are able toimplement cost-effective stress testing approaches that attempt to identify the impact of future plausible yetunlikely events.

● Conduct a review of trading strategies● Conduct a review of limit structures● Develop, review and calibrate market risk

models● Develop and review pricing models● Conduct a review of derivative

documentation

● Develop and review reporting suites● Provide advice and guidance● Conduct a review of the adequacy of

dealing room controls● Review modelling assumptions


Treasury ManagementTreasury management is an important function in every organisation, whether a corporate entity, a bank or afinancial institution; and whatever the size and nature of the business or its remit.

The problems resulting from ineffective or inappropriate treasury management can be severe, ranging from:

Liquidity ManagementRisk Reward consultants can assist a firm in the design of an appropriate organisational ALM framework suitablefor effective exposure identification and management, together with the control of liquidity risk. Our servicesinclude, but are not limited to, the following reviews:

Risk Reward has consultants that are experienced with ALM, treasury and liquidity risk management and are ableto provide these skills to supplement the knowledge of your core teams to ensure a successful ALM and treasuryfunction is adequately supporting your firm.

Challenge us to help ensure the success of your treasury and liquidity risk management.

● Structure, role and responsibilities of thetreasury team

● Objectives and mission consistency withbusiness goals and missions

● The adequacy of ALM data reporting● Set or review the aims and objectives of the

treasury unit to ensure market focus andsuitability

● Liquidity strategies and approaches to ensurethat they meet corporate goals and bestpractice

● The adequacy of the control and riskmanagement processes associated withliquidity risk and develop appropriatereporting suites

● Confirming the adequacy of models to dealwith business uncertainty, including reviewingrelevant assumptions for validity

● Assisting in the design and implementation ofstress testing and scenario modeling andreviewing existing suites for best practice andadequacy

● Suitable cost efficient software solutions tomeet the current and future demands of thebusiness

● Shortfalls in interest earnings on cashsurpluses

● Substantial losses through poormanagement controls

● Taking significant positions without theauthority or approval of management.

Treasury & Liquidity Risk

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Operational Risk The Basel Accord raised the profile of operational risk considerable within financial services and highlightedmany of the issues faced by a firm in practice.

At Risk Reward we have developed a range of services that both meet the demands of the Basel regulations,while actually adding value to the business. In many firms this has been one of the challenges faced – toimplement effective risk management solutions that should not just be seen as a regulatory imposition, but willbecome the way in which your firm does business.

With experience of developing Standardised and Advanced Measurement Approach solutions to operational risk,our specialist operational risk consultants can provide the following services:

Our consultants have experience of working with many banks and their senior management, gaining theiracceptance and buy- in to achieve the necessary ownership, leading to the overall success of the project.

There are a range of software solutions available that assist a firm in meeting the demands of the rules. Someof these are based on internal loss databases, while others use either control and risk self assessment or inferencemathematical modelling to develop a consistent solution. As a software agnostic firm (that is, we are not affiliatedto any software vendor) we are able to provide pro-active and unbiased advice on software selection. Wepledge that we never receive a fee from any software house that we recommend.

The experience of our team in dealing with such issues is, we believe, one of the best in the industry. Led byacknowledged experts in their respective fields, they are able to provide practical yet innovative and cost-effectivesolutions to ensure that your firm develops an operational risk framework that meets the demands of its variousstakeholders and that actually works in practice.

Challenge us to add value to your firm in developing an operational risk solution.

● Create risk dictionaries and operationalrisk manuals

● Implement risk registers● Review and develop internal loss

databases● Implement control and risk self

assessment solutions

● Design and implement key risk indicatorsuites

● Develop standardised generic stressevents and scenarios

● Build all of the above into a consistentformat

TRAINING SERVICESRisk Reward has a reputation as one of the leadingproviders of top quality audit training in the world.We have successfully provided financial servicesaudit training to more than 300 institutionsincluding banks, insurance companies, central banks,external audit firms and national regulators.

We have a vast library of courses covering almostevery aspect of financial services (details below).Each course is customized to the specific needs ofour clients. We are ready to travel anywhere in theworld to deliver training or, alternatively, we canhost clients at our excellent training facilities in theheart of London.

At Risk Reward we add value to all of our trainingprojects from the first instance by offering a hostof complimentary services such as:

✓ Conference calls with you to determine yourbusiness goals and preferred training formats

✓ Account Manager to offer you full supportand advice and to ensure that all yourrequirements are met efficiently

✓ Professional, friendly and prompt responseto your enquiries

✓ Customised course outlines and coursematerials to meet with your organisation’s ordepartment’s specific needs

✓ Questionnaires created with your teams todetermine delegates levels and depth ofsubject knowledge pre-training

✓ Evaluation forms prepared for delegatespost-training

✓ Post-training diagnostic, analytical andreporting services and conference calls

✓ Complimentary email Question & Answerservices to the trainer from the delegates for3 months

Adding value to yourbusiness

“Thanks again for thecourse. I particularly liked

how you brought thetheoretical and real worldpracticalities together.”

– J.B., ING Direct, Netherlands


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CISI Qualifications and Accredited Training

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Chartered Institute of Securities & Investment (CISI)The CISI (formerly SII) is the UK’s largest and most widely respectedprofessional body for the Securities and Investment industry. The CISICertificates are included in the UK’s Financial Services Skills Council’slist of Appropriate Examinations and are recognised for all majoractivities.

Formed in 1992 by London Stock Exchange practitioners,the CISI now has more than 40,000 members in 89countries. In the past year, almost 40,000 examinationswere sat in 49 countries, covering a range of vocationalqualifications.

More and more regulators, banks, stock exchanges, andbrokerage houses are increasingly seeking to respond to stressesand pressures to maintain high levels of professionalism, integrity andcompetence especially when interacting with retail consumers. Trainingindustry participants to internationally recognised and respected standardsis among those responses, whether new graduates, recent market entrantsor seasoned professionals.

Risk Reward’s expert trainers have 20-30 years minimum subject matterexpertise in addition to training experience in both developed and emergingmarkets. All are also CISI qualified and as such areexpertly vetted to facilitate and train by addingreal-life industry experience and practicalexpertise to share with delegates during thecourses.

CISI certificate courses are provided by RiskReward directly to government agencies, banksand financial institutions (in-house) and viatraining providers (public courses). All CISIexaminations are held at Computer BasedTesting Centres located in major cities globally.

Training is available with or without examinationwith CISI Certificates for individual modulesavailable by the training provider. Optional self-study with coaching and 1:1 Executive Updatesare also available.

For more information on the training courses please contact Cariska Pieters email: [email protected] or ring +44 (0) 20 7638 5558. For details on CISI qualifications and exams please visit www.cisi.org.

Risk Management, Islamic Banking andFinance & Securities and DerivativesTraining Courses (Duration: 4-5 days each)Training Fees includes Study Guides/e-Learning Mock Exam access +Exam Fee

● Risk in Financial Services● Introduction to Operational Risk● Advanced Operational Risk● Investment Risk● Islamic Finance (IFQ)● Certificate in Securities● Certificate in Derivatives


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Risk in Financial ServicesSuccessfully managing risk is a fundamental requirement forany effective business. In financial services it is a criticalcomponent. Part of the responsibility for the credit crisis iswidely attributed to a poor understanding of risk.

The CISI’s Risk in Financial Services qualification is acomprehensive global introduction to all the major risk areasin financial services. It provides a sound grounding in:

● Principles of the risk management framework● Corporate governance and risk oversight

The qualification and training course also covers specifictechniques used in identifying, reducing and managing specificrisks in the following areas:

● Operational risk ● Credit risk● Market risk ● Investment risk● Liquidity risk

Who should attend?

The Risk in Financial Services qualification has been developedto provide candidates with a broad understanding of the keyrisks that arise within the financial services industry and isparticularly aimed at:

Who developed this?

This examination is awarded by the Chartered Institute forSecurities & Investments (CISI) which is the premier supplier offinancial services qualifications to the securities and investment industry Worldwide. Over40,000 examinations are taken each year.

The qualification has been developed with input from Risk Reward and other expertpractitioners from leading global financial firms. This provides delegates with a clearbenchmark to demonstrate that they have acquired the necessary knowledge to carry out their job rolescompetently.

Regulatory approval

The CISI is recognised as an Awarding Body by the UK Office of the Qualifications and Examinations Regulator.Many of the CISI’s qualifications are mandated by different regulators around the world, so both individuals andfirms can be confident that the CISI’s processes, policies and systems meet rigorous quality assurance standards.

● Risk Managers● Compliance teams● Branch management● Corporate lawyers● Finance officers

● Senior managers ofall disciplines

● Existing and aspiringnon-executivedirectors

‘To be helpful, I suggest a simple rule:

Do not take risks you donot understand.’

– Hector Sants, Chief Executive Officer,

UK Financial Services Authority

Key features

● Training covers all key risks infinancial services – operational,credit, market, investment andliquidity

● Globally portable qualification –addresses international issues,reflecting the needs of aninternational market

● Addresses techniques used toidentify, reduce and managespecific aspects of risk

● Classroom training delivered byrisk experts with banking &financial services experience indeveloped and emerging markets

● Examination is available bycomputer based testing in majorcities worldwide

We deliver public training to regulators and banks worldwide via trusted and reputable affiliates includinggovernment training centres, training companies and directly on an in-house basis.

More information on Public & In House Courses pleasecontact your local training provider or Risk Reward Limited.

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Risk Management CoursesRisk Reward writes and delivers practical Risk Management training, both in-house and public courses,for banks, regulators and financial institutions focusing on the following areas:

Risk In Financial Istitutions (CISI Accredited) RM001School of Risk Management RM002Managing Risk in Financial Markets RM003Risk Management for Professionals RM004Risk Management for Non-Executive Directors RM005Risk and Capital Management(ICAAP) for Bankers RM006Risk and Compliance Awareness RM007Risk Assessment Reviews: How to Design, Plan and Implement RM008Risk Management for RiskCoordinators RM009Frontiers of Risk Management RM010Financial Institution Risk RM011Market Turbulence and Model Risk RM012Risk Management Market Trends RM013Scenario Modelling and Stress Testing RM014Stress- and Reverse Stress Testing RM015Model Risk and Management RM016Investment Risk(CISI Accredited) RM060

Enterprise RiskEnterprise Risk Management for Bank and Financial Institutions RM017ERM and Credit Risk Management RM018Corporate Governance for Banks and FIs RM019

Credit RiskIntroduction to Credit Risk RM020Measuring and Managing Credit Risk RM021Credit Risk Analysis RM022Counterparty Credit Risk RM023Credit Risk – SME Lending and Business Development RM024Practical Course on Modelling Credit Risk RM025The Board and Credit Risk Analysis for Non-Executive Directors RM026Credit and Loans Restructuring RM027Retail Credit Analysis RM028Corporate Credit Analysis RM029Mortgage Credit Risk RM030Retail Credit Scoring RM031Corporate Credit Scoring RM032Credit Portfolio Management RM033Credit Risk of Asset-BackedSecurities RM034Credit Risk of Bond Defaults RM035Using Credit Ratings in Credit Risk RM036Stress Testing of Credit Risk RM037Credit Equivalence Rules and Derivatives Instruments RM038Credit Mitigation Techniques RM039Sovereign Credit Risk RM040Debt Recovery and Collection Techniques BNK043Consumer/Personal Loan Recovery BNK044

Market RiskIntroduction to Market Risk RM041Market Risk Measurement and Management RM042Practical Course on Modelling Market Risk RM043

Liquidity RiskIntroduction to Liquidity Risk RM044The New BIS Liquidity Papers (Dec 2009) and Their Impact on Banks RM045Liquidity Risk Management RM046Liquidity Risk Measurement and Management RM047Liquidity and Treasury RiskManagement RM048Asset and Liability Management TR003Cash Management Skills for Liquidity Management RM059

Operational RiskIntroduction to Operational Risk (CISI Accredited) RM049Managing and MeasuringOperational Risk RM050Implementing Operational Risk RM051Advanced Operational Risk (CISI Accredited) RM052Business Continuity Planning RM053Stress Testing for Operations RM054Information Risk Management RM055Managing Database Risk RM056Business Improvement Process RM057Risk Self-Assessment Workshops - Effective Skills for Facilitation RM058

For your consideration

Advisory ServicesRisk Reward provides independent, impartial andhighly professional consultancy services acrossnearly all disciplines in the financial and bankingsectors. We operate in most parts of the world,specialising in emerging markets and operate mainlywithin Europe, the Middle East, Africa, and Asia. Ourservices include introducing risk controls,procedures and processes, credit market andoperational risk, Basel II implementation andcompliance, analysis, valuation for mergers andacquisitions and general advice. We have over 600specialist consultants available to assist your needs.For more information please contact LisetteMermod at [email protected] or ring+44 (0)20 7638 5558

Training ServicesAt Risk Reward we offer a vast range of trainingprogrammes covering almost every aspect of riskmanagement, corporate governance, banking,treasury, investment banking and a variety of othersubjects. The key to our clients’ success is that wefind out from the client exactly what their trainingneeds are beforehand and then engage our experttrainers to design and write course materials toorder. For more information please contactCariska Pieters at [email protected] orring +44 (0)20 7638 5558

Additional brochures available● Internal Audit● Islamic Banking and Finance● Banking● Treasury & Capital Markets● Financial Crime● Training Course Catalogue 2011

If you would like to be sent a copy of any of thebrochures, please contact us at any time with yourrequest or alternatively visit our website fordownloadable versions.

Additional Risk Reward services

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“The fact that the trainer is a banker was a

great asset” – K.H. Naseem, IFC Bank Advisory Services


RISK REWARD LIMITED

60 Moorgate1st FloorLondon ECR2 6ELUnited Kingdom

Office hours: London (GMT)09.00 – 19.00 Monday – Friday

tel: +44 (0)20 7638 5558fax: +44 (0)20 7638 5571email: [email protected]: www.riskrewardlimited.com

AMERICAS

MexicoArmando Nuricumbotel: +52 (55) [email protected]

USA and CanadaLisette Mermodtel: [email protected]

AFRICA

North AfricaLisette Mermodtel: +44 (0)7968 970 [email protected]

West AfricaAbi Ayoolatel: +44 (0)7908 945 [email protected]

East AfricaRuth Kwalandatel: +254 20 4454 [email protected]

Southern AfricaCariska Pieterstel: +44 (0)20 7638 [email protected]

EUROPE

UK and Western EuropeCariska Pieterstel: +44 (0)20 7638 [email protected]

Central and Eastern EuropePaul Costeatel: +40 72 [email protected]

ASIA

Middle East & Gulf regionLisette Mermodtel: +44 (0)7968 970 [email protected]

Western & Central Asia, Russian Federation & CISYuri Ganfeldtel: +44 20 7630 [email protected]

Southeast Asia – Malaysia, IndonesiaAndrew Tebbutttel: +603 2162 [email protected]

Hong Kong & SingaporeFiona Leetel: +852 2273 [email protected]

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Risk Management Banking & Financial · PDF fileBanking & Financial Services. ... Risk Reward is a financial services risk management advisory and training firm which ... First Atlantic