Professional Diploma in Advanced Banking Risk Management

Course Objectives:

How you will benefit

This programme will support your professional development and provide you with;

• An internationally recognised university qualification at master’s degree level from University College Dublin
• At the strategic level, an understanding of the sources and nature of the key risks inherent in the banking model and the inter-relationships between those risks, the bank’s competitive advantage, capital requirements, regulatory requirements and customer imperatives
• An understanding of corporate and risk governance and its relevance within the overall business context including global best practice governance standards
• The current global best practice risk management approaches used by banks to identify, measure, mitigate and manage these risks in an enterprise-wide risk context
• The technical risk skills and knowledge to critically evaluate and implement practical solutions to the key risk challenges facing banks’ senior management teams
• An understanding of the regulatory imperatives that drive risk management in banking and an understanding of what regulators are seeking to achieve.

Continuous Professional Development

If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.

Who is the course for:

Banking and financial institutions’ senior risk and compliance professionals who are members of the bank risk committees and related roles including, but not limited to, governance, risk, regulatory and liquidity committees.

Banking, financial and regulatory institutions’ senior risk and compliance professionals who are working in risk and compliance roles including;

• Compliance
• Credit review
• Capital and credit modelling
• Conduct risk
• Asset and liability management
• Market risk
• Operational risk
• Internal audit
• Legal
• Finance
• Technology
• Change management

Risk professionals working in the Central Bank of Ireland, National Treasury Management Agency, accountants, business consultants, lawyers and other professionals who provide risk management advisory services.

Modules

The course is made up of four modules:

1. Risk Governance, Culture, & Enterprise Risk Management
2. Regulatory and Economic Capital Management, Credit Risk and Pricing for Risk
3. Strategic, Operational, Conduct and Reputational Risk Management
4. ALM, Liquidity, and Market Risk

Risk Governance, Culture & Enterprise Risk Management function.

1. Corporate governance, including best practice governance standards.
2. The board responsibilities and expectations of the risk management function.
3. Risk governance frameworks, risk appetite statements and risk policies
4. The duties of directors under common law, company law and the Central Bank’s Corporate Governance Code for credit institutions.
5. The impact of culture, leadership and behaviour on risk profile and the effectiveness of risk management.
6. The Central Bank’s fitness and probity standards.
7. The role of audit and risk committees, particularly in relation to risk management and an organisation’s system of internal controls.
8. The challenges in setting executive director levels of pay and the link between executive remuneration and excessive risk-taking.
9. Banking model risks.
10. Single Supervisory Mechanism.
11. Enterprise Risk Management (ERM).
12. ERM frameworks and how such frameworks are implemented.
13. Approaches to risk integration and aggregation.
14. Regulatory and Economic Capital Management, Credit Risk and Pricing for Risk
15. Capital planning and scenario planning
16. The different types of capital instruments
17. CRD IV
18. Risk-weighted assets
19. Regulatory capital
20. Economic capital
21. ICAAP and stress testing
22. Risk and return methodologies
23. Principles of credit risk management
24. Credit risk management framework
25. Credit model
26. Customer grading and scoring
27. Calculation of impairment provisions
28. Relevant regulation.
29. Strategic, Operational, Conduct and Reputational Risk Management
30. The requirements and responsibilities of conduct risk management
31. Conduct risk frameworks, conduct risk appetite statements, measurement methodologies and global best practices
32. Operational risk as a risk management discipline in its own right
33. The distinction between operational risk, credit risk, market risk and Sarbanes-Oxley
34. The Basel III operational risk implications
35. Operational risk capital calculation methodologies
36. Reputational risk and its importance as the top strategic business risk
37. ALM, Liquidity and Market Risk
38. The role of asset and liability management
39. The main pre-crisis practices in liquidity risk management that led to unstable balance sheet structures
40. How the regulatory landscape has changed in response and the resulting new requirements
41. The impact of current regulatory developments on balance sheet structures
42. The underlying risks inherent in a balance sheet, e.g. liquidity risks, interest rate risks etc.
43. The critical evaluation of the strategic considerations of balance sheet management under various different scenarios
44. Market risk, crisis and regulation
45. Value at risk
46. Derivative markets: size and turnover
47. Counterparty credit risk
48. Interest rate risk in the banking book