Global Markets and Time Zones
CPEs: 24
Level: Advanced
Tuition: £3,995.00
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NEW Advanced Treasury Risk Management TR040

Location: Global Markets and Time Zones

First Date: Mar 27 - 29 2023

Duration: 3 days

Programme Director: Dr Howard Haughton

All Dates & Locations
Venue Details

Experience the highly-interactive expert-led social learning through Virtual Classroom via Cisco WebEx from Risk Reward.

All our 2023 Virtual and Face-to-Face Classroom events feature shared (or discrete) live chat between delegates and the expert, participate in topical surveys, polling questions, group exercises and case studies for a tried -and- true engaging and gratifying learning experience.

Need to bring this course in-house and/or at your location anywhere worldwide? Simply contact us for a prompt and courteous reply offering significant cost savings and dates to meet your specific requirements.

"'Excellent trainer. Had a usually quiet group of delegates active and participatory. We never expected this level of training. '"
Saudi Industrial, Riyadh
Agenda Highlights

Session 1:  Frameworks for Identifying & Analysing Risks and Performance Measurement

Session 2:  Debt Management

Session 3:  Interest rate risk management

Session 4:  Foreign Exchange Risk Management

Session 5:  The Tools of Risk Management

Session 6:  Futures In Treasury Management

Session 7:  Using Swaps & Associated Products

Session 8:  Introduction to Asset & Liability Management and FTP

Session 9:  Counterparty Credit Risk

Session 10: Discussion, Q&A and Summary



This intensive workshop-style advanced course is designed to offer treasury executives FTP expert and ALM manager, whether in corporations or financial institutions, a thorough coverage of the techniques available for modern treasury management.

The complexity of cash management in modern financial markets has placed much more emphasis on the treasury function. This not only involves keeping control over increasingly complex interest rate and currency exposures, but also keeping abreast of the latest techniques for managing those risks whilst effectively managing the funds of the institution.

Focus areas include

Role of treasury in the corporation / bank

  • Interest rate & foreign exchange risk management
  • Measuring treasury performance
  • Asset-liability management
  • Creating shareholder value through the treasury function


Who Should Attend
  • Middle and senior management within Treasury departments of financial institutions
  • Middle office and back-office supervisors and management supporting trading operations
  • Junior and middle ranking internal audit and compliance officers and executives


Additional Course Information

What Does It Cover?

Frameworks for Identifying & Analysing Risks and Performance Measurement 

  • Outline of a treasury function
  • ALCO and its role
  • Risk versus return
  • Finance versus business risk
  • Types of risk
  • Identification, analysis & control of risks
  • Hedging approaches and costs
  • Why measure performance?
  • Meaningful benchmarks
  • Examples of methodologies
  • The capital adequacy directive
  • Efficient use of capital
  • Value-at-Risk approaches
  • Risk adjusted returns on capital 

Debt Management 

  • Managing cash & working capital
  • Forecasting cash flows
  • Financing with debt versus equity
  • Maturity profiles
  • Fixed versus floating
  • The question of mismatches 

Interest rate risk management 

  • Gap analysis
  • Types and uses of gap analysis
  • Macaulay duration
  • Examples of Macaulay calculations
  • Modified duration
  • Convexity adjustments
  • Rate shocks
  • Simulation approaches  

Foreign Exchange Risk Management 

  • FX standards
  • Types of transaction
  • Spot, forward and FX Swap transactions
  • Translation exposure
  • Economic exposure
  • Currency options
  • Put / call parity explained
  • Hedging decisions

The Tools of Risk Management 

  • Forward – forward transactions
  • Forward Rate Agreements (FRAs)
  • Financial futures
  • Interest rate & currency swaps
  • Interest rate options
  • Swaptions
  • Relationships between products 

Futures In Treasury Management 

  • FRAs versus futures
  • Measuring exposure in futures
  • Designing a futures hedge handling
  • Spot, interpolated & extrapolated hedges
  • Option versus futures hedges 

Using Swaps & Associated Products 

  • Analysing cash flows
  • Constructing the discount function
  • Hedging with swaps
  • Swaps and the capital markets
  • Basis swaps
  • Asset swaps   

Introduction to Asset & Liability Management and FTP 

  • Why manage the balance sheet?
  • The problems
  • Net interest income versus market value

Counterparty Credit Risk 

  • Credit VaR analysis
  • Concentration risk
  • Reporting and risk aversion
  • CFPs 

Discussion, Q&A and Summary 





Learning Objectives

Delegates will gain technical and behavioural knowledge, techniques, approaches and trends, specifically

  • Measure interest rate and currency exposure
  • Analyse different kinds of risk
  • Understand different risk management instruments
  • Solve integrated and practical treasury problems
  • Develop an overview of treasury systems

Delegates who complete the course will receive a Certificate with equivalent CPD/CPE credits via email; and for those who require an assessment as a demonstration of competency via training a 20 multiple-choice questions and answers quiz, remotely invigilated with results report and 1 resit, is available at no additional charge when requested at time of reservation.

Social Learning & Methods

Highly interactive expert-led intensive presentation, Q&A, group real-time in-depth case studies, regulation and discussion supported by key principles and theory. The virtual learning platform uses safe, industry preferred encrypted Cisco WebEx to optimize live face-to-face visual interaction, discrete chat, for polling and quizzes.

(An invitation via email with access link is included for all participants.)


NEW Advanced Treasury Risk Management

Course Fee

Apply discount voucher code RISK10 at check out before March 5 2023

Course Fee (per person):
GBP £3,995.00 (+ UK VAT when applicable)

Number of delegates:

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