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CPEs:
24
Instructor:
Dennis Cox
Level:
Intermediate
Tuition:
£3,495.00
NEW Auditing Liquidity Risk & the ILAAP IA086
Location: UK EU MENA WAT GCC Time Zones
First Date: February 26 - 28, 2024
Duration: 3 days
Programme Director: Dennis Cox BSc FCA FCSI AIIA FISRM BFP
All Dates & Locations
Venue Details
Experience the highly-interactive expert-led social learning through Virtual Classroom via Cisco WebEx from Risk Reward.
All our 2024 Live and Virtual 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 to your team for any sized group or 1:1 tutorial? Simply contact us for significant cost savings and dates to meet your needs.
"Great course. The instructor did a great job of keeping the class engaged and topics interesting. Preparing the audits together in the class was amazing experience."Auditor manager, USA Bank
Agenda Highlights
Session 1: Liquidity Risk typologies
Session 2: Auditing Liquidity Management and Governance
Session 3: The Regulation of Liquidity Risk in Banking
Session 4: Auditing the ILAAP
Session 5: Auditing the Measurement of Liquidity Risk
Session 6: Auditing Liquidity Management and Cash Management
Session 7: Auditing Behavioural Data
Session 8: Auditing Balance Sheet Management
Session 9: Auditing Approaches to Managing and Mitigating Liquidity Risks
Session 10: Auditing Controls over Liquidity Risks
Session 11: Auditing Liquidity Stress Tests
Session 12: Auditing the Reporting of Liquidity Risk
Session 13: Building it Together
"I really enjoyed the course. It was interactive, and the instructor was very helpful. "Treasury risk manager, USA Bank
Overview
Recent economic and societal crises have shown the importance of the management of liquidity which has led regulators to produce detailed regulations and requirements. All banks need to manage their liquidity effectively and efficiently, together with developing plans to address periods of concern.
For bank internal auditors the challenge is to understand the key techniques that are used to manage liquidity risk and the approaches that can be used.
During this course delegates will be taken through the key requirements that exist for liquidity risk management and the approaches that are adopted in practice. This unique program features practical audit approaches and writing audit programmes developed live in the virtual classroom as a group to address the issues that are likely to be faced in practice.
"We had to move quickly through a couple of topics but I would have easily signed up with Dennis for another day! Love his trainings."Internal Auditor, USA Bank, Silicon Valley
Who Should Attend
Designed primarily for bank internal auditors delegates have also attended from treasury, risk management and treasury operations management and personnel, IT, operations, HR and software vendor firms.
All delegates who complete the course will receive a Certificate for CPD/CPE credits and for those who require a demonstration of competency a 20 multiple choice questions assessment, fully proctored/invigilated, with results report and a resit is available at no additional fee when requested at time of booking.
Additional Course Information
What Does It Cover?
The current liquidity landscape, Key changes at present, Why does liquidity risk matter?, What causes liquidity issues?, What is liquidity risk management?, Different types of liquidity, Liquidity as an issue, Liquidity failures – what can we learn?, Role and structure of liquidity management functions with a bank, The role of ALCO, Forecasting liquidity – what are the challenges?, Managing liquidity in multiple currencies, Currency as an asset class, Information requirements for liquidity risk management, Liquidity solutions, Will they really work?, The BIS liquidity risk sound practices paper, The key elements, What this means for a bank, Key elements of the standards, Basel 3 liquidity requirements, Liquidity coverage ratio, Net Stable Funding Ratio, High quality liquid assets, The implications for internal audit, Aligning regulatory standards to the risk-based audit approach, What is the ILAAP?, Relationship to the ICAAP, Structure of the ILAAP, Building the ILAAP, Key issues in the ILAAP, Reporting and issues, Challenge and governance, Introduction to measuring and managing liquidity:, Distributions and uncertainty, Volatility measures, VaR, EVE, NII, Curvature, Contractual v Behavioral data, Gap analyses, Fan diagrams and uncertainty, Systems and IT, Data obligations, What is cash management?, Which assets does a firm consider for liquidity management?, Asset liquidity v business liquidity, Maintaining a stock of high-quality liquid assets, Margins and encumbered assets, Impact of interest rate risk on liquidity management, Impact of foreign exchange risk on liquidity management, Cash Management v liquidity management, Behavioural data analysis, How does liquidity really vary?, Maintaining sufficient banking lines and much more
Learning Objectives
Delegates will gain specialist technical and behavioural knowledge and ‘on the job training’ style experience required to approach, develop audit programmes and actually conduct audits relating to
- The governance of liquidity risk
- The regulatory requirements regarding liquidity risk management
- The ILAAP
- The management of liquidity risk
- Cash management
- The measurement and modelling of liquidity risk
- The contingency funding plan
- Liquidity risk reporting
Tier 1 Big Bank Expert-led, hands-on practical Case Studies feature
Consider some recent cases of liquidity issues – what are the key lessons for internal audit?
Case Study: Develop an audit approach to address the Sound Practices for Liquidity Risk
Case Study: Develop an audit approach to address the Basel 3 liquidity risk requirements
Case Study: Develop an audit program to address the ILAAP project and reporting
Case Study: What are the techniques that are most appropriate for your bank and why?
Case Study: Develop an audit program to address cash management
Case Study: Develop an audit program to address behavioural data management
Case Study: Develop an audit program to address bank balance sheet management
Case Study: Develop an audit program to address liquidity risk mitigation
Case Study: Develop an audit program to address liquidity risk indicators
Case Study: Develop an audit program to address the development and use of contingency funding plans
Case Study: Develop an audit program to address liquidity stress testing
Case Study: Develop an audit program to address liquidity risk reporting
Case Study: What are the key liquidity risk challenges for the future? How will this change internal audit?
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.)
Registration
NEW Auditing Liquidity Risk & the ILAAP
Course Fee
Apply 10% discount code RISK10 by December 15, 2023 at check-out
Course Fee (per person):
GBP £3,495.00 (+ UK VAT when applicable)
Get in touch and see how Risk Reward can help you
Our London and Miami teams are ready to listen carefully to your needs, take the brief, explore options, offer suggestions and help you in a professional and friendly manner.