Best Seller
Need another time zone? Tell us your preference for even 1 : 1 - Abu Dhabi, Doha, Riyadh, Nairobi time zones
CPEs: 32
Instructor: Dennis Cox
Level: Intermediate
Tuition: £2,495.00
Register Now

NEW Auditing Bank Treasury and the ALCO IA087

Location: Need another time zone? Tell us your preference for even 1 : 1 - Abu Dhabi, Doha, Riyadh, Nairobi time zones

First Date: Aug 2 - 5 2021

Duration: 4 full days/32 hours

Programme Director: Dennis Cox

All Dates & Locations
Venue Details

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

All our 2021 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.

"I was lucky to attend a virtual online course about Auditing Bank Treasury and the ALCO which covered the risk exposure in the treasury departments include the front .middle and back office ,the main roles and responsibilities of the ALCO and assets and liabilities and how to audit the treasury department I seize this opportunity to thank the trainer for his online session and his great efforts to get all attendees to demonstrate the understanding of all the course topics. "
Internal Audit Team Leader, QNBAA
Agenda Highlights

Session 1:  Bank Treasury in 2021

Session 2:  Auditing the Treasury – Identifying, Analysing and Managing Risk

Session 3:  Auditing the ALCO

Session 4:  Auditing Bank Capital Management

Session 5:  Auditing the Dealing Room

Session 6:  Auditing the Middle and Back Office

Session 7:  Auditing Foreign Exchange & FX Risk Management

Session 8:  Auditing Interest Rate Risk Management

Session 9:  Auditing the use of Money Market & Other Asset Classes

Session 10:  Auditing the use of Derivative and Forward Transactions

Session 11:  Auditing the use of Swaps & Associated Products

Session 12:  Rules, Regulations and Stress Testing

"Intense but very useful information. Enjoyed the humor between the sessions. Overall it was a lot of material to cover. The presenter appeared knowledgeable over the subject matter and included real world examples."
Bank Senior Audit Manager, USA Bank

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 up-to-date with use of the latest techniques for managing those risks whilst effectively managing the funds of the institution.

Treasury auditors in banks will gain intensive, practical knowledge and applications programme  designed to cover the techniques available of  modern treasury management and its audit.

Hands-on development of audit programmes – expert-led with the delegates as a group & with practical take-aways includes the preparation of audits such as

Developing an audit program to address the auditing of the treasury risk register, the audit of the ALCO, of bank capital management,  auditing the management of foreign exchange risk, of foreign exchange transactions, the management of interest rate risk,  use of money market and other asset classes, the use of deriatives, the use of models and the audit of forward transactions,  the delegates will develop audit programmes to address the use of Swaps and Interest Rate Swaps , and the audit of counterparty credit risk, of stress testing and scenario modelling.


"Value? A better knowledge for the importance of auditing and the correct monitoring and measuring of treasury risk."
Risk Manager, European Bank, Cyprus
Who Should Attend

Designed primarily for bank internal auditors and internal auditors within corporations having a treasury function, although recent course delegates include those from bank  risk management, operations, sales, IT, legal, HR and software vendors.

Additional Course Information

What Does It Cover?

IMF country reports and the lessons for a bank’s treasury, treasury issues locally and internationally, Interest rate expectations & the impact on treasury, the structure of a treasury function, front, middle, and back office functions, the treasurer’s role, risk versus return and its impact on capital, types of risk within a treasury area; the role of ALM, relationship to risk management, The role of the ALCO & Membership of the ALCO, centralised or distributed treasury functions, reporting; the impact on banks of changing regulations, Managing Cash & Working Capital, Liquidity Risk Management, Forecasting Cash Flows, Financing with Debt versus equity; Hedging approached and cost, the risks of capital management, Controls over bank Capital management; the dealing room & how are deals transacted, The Greeks, Valuation techniques, models, software, transaction recording, Ethics and Policy; the role of ISDA, Using and negotiating ISDA, the role of the central counterparty, Collateral management; Spots, Forwards, Derivatives and much more.


Learning Objectives

All delegates completing the course will received a CPD accredited Certificate in Auditing Treasury and the ALCO.

Delegates will gain specialist technical knowledge and be enabled to apply classroom learning to on-the-job performance.  They will be enabled to systematically review all elements of a treasury operation and understand the nature of the control environment that should be applied, leading to development of the audit programmes suitable to the bank or organisation.

Critical concepts learned will include

  • The role and structure of treasury in the bank
  • The audit of interest rate & foreign exchange risk management
  • The audit of asset and liability management
  • The audit of liquidity risk management
  • The audit approach for sophisticated instruments
  • Auditing the measurement of interest rate and currency exposure
  • Auditing and analysing different kinds of risk
  • Understanding and auditing different risk management instruments
  • Understanding and auditing controls operation in the treasury environment


Social Learning & Methods

Highly interactive expert-led intensive presentation, group real-time in-depth audit writing programmes, regulation and discussion supported by key principles and theory.

The easy to access and use 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 Auditing Bank Treasury and the ALCO

Course Fee

Summertime Sale & Group Discounts available from July 15 - Aug 31, 2021

Course Fee (per person):
GBP £2,495.00 (+ UK VAT when applicable)

Number of delegates:

Data Privacy & Update of Contact Details Risk Reward Limited is fully compliant with the Data Protection Act. The information you provide will be safeguarded by Risk Reward Ltd. We do not rent, sell or exchange your details to anyone without your consent. Your details are never given to third parties. If you wish to update your details, please email: with your OLD and NEW details. Please allow 10 days to see the changes take effect. Thank you.

Terms and Conditions: You can cancel at any time. Due to the on-going COVID 19 environment cancellations may be made at any time for either a full refund or a credit towards another event occurring within the following 6 month period. Simply email or telephone the London Client Services team at to advise your preference and we will do our best to accommodate your circumstances. Risk Reward Ltd receives the right to a final decision in the event of a dispute.

All Risk Reward public courses are guaranteed to run although those offered by affiliates are subject to demand
SKU: IA087 Categories: , , ,

Quick Contact

    Get in touch and see how Risk Reward can help you

    Our London team are ready to answer questions, provide information & choices to help make your public seminar booking in a prompt, professional & friendly manner.

    Get in touch and see how Risk Reward can help you

    Our London team is ready to listen carefully to your needs, take the brief, explore options, offer suggestions and help you in a professional and friendly manner.