Asia-Pacific and Australia Time Zones
CPEs: 16
Instructor: Dennis Cox
Level: Intermediate
Tuition: £0.00
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NEW Derivatives Risk Management under COVID 19 RTA20212

Location: Asia-Pacific and Australia Time Zones

First Date: Jun 28 - 30 2021

Duration: 3 days

Programme Director: Dennis Cox

All Dates & Locations
Venue Details

Live Virtual training courses

Our live virtual training courses have been designed to engage and inspire you. Much more than a webinar, our approach includes:

  • Technical content compressed into 60-minute interactive sessions and spread out over two, three or four days
  • Facilitated collaboration including Q&A, interactive polling and group workshops
  • Live interaction with subject matter experts – get your questions answered in real time
  • Receive comprehensive course materials and supporting content from to reinforce your learning
  • Stay connected with other learners and extend your network by joining our dedicated LinkedIn group for course participants
"This course is confirmed to run"
Agenda Highlights

Session 1: Introduction to Derivatives

Session 2: Risk Management of Derivatives

Session 3: Forward Transactions

Session 4: Futures Contracts

Session 5: Derivative Control and Methods

Session 6: Options Contracts

Session 7: Swaps Contracts

Session 8: Documentation

"Leading experts with comprehensive material covering important topics in a very concrete and useful manner"
Banco Santander Mexico

This 3-day virtual training course is designed to provide delegates with the fundamental knowledge that they need to understand the risk management and control over derivative instruments and the related skills and techniques to be adopted, including derivatives controls and methodologies, forward transactions, documentation under ISDA requirements.

This course has been designed specifically for risk management staff who are likely to be engaged in assignments requiring knowledge with derivative instruments.

"The online operational risk training course was great. It gave me inspiration on how to develop my risk management department"
Spar Nord
Who Should Attend

Relevant departments may include but are not limited to:

Risk, Regulation, ALM, Liquidity, Balance sheet management, Interest Rate Risk, Treasury

Additional Course Information

What Does It Cover?
Introduction to Derivatives
  • What is a derivative?
  • Why are people worried about derivatives?
  • Derivatives pre crisis
  • The market post crisis
  • Types of instrument
  • Key concepts
  • Benefits and uses of derivatives
  • The role of the central counterparty
  • What can go wrong?
  • Hedging and trading
  • Key risks arising, including:
    • Liquidity
    • Credit risk
    • Client concerns
    • Pricing concerns
    • Legal risk
    • Margin and central counterparty

Risk Management of Derivatives

  • The role of risk management
  • The governance of derivatives
  • The role of ALCO
  • Stress testing and scenario modelling
  • What needs to be reported?
  • How has risk management changed due to COVID?
  • The yield curve
  • The impact of low interest rates
  • The concerns over models and modelling approaches
Forward Transactions
  • Pricing a forward contract and the importance of Libor
  • Documenting a forward contract
  • Introduction to the ISDA
  • Confirming and settling forward contacts
  • The risks of forward transactions
  • Risk management and forward transactions
  • Validation to future
Futures Contracts
  • Introduction to futures contracts
  • The role of the futures exchange
  • The nature of futures contracts
  • The role in trading
  • Pricing a futures contract
  • Hedging with futures
  • The importance of margin accounting
  • Confirmation and settlement
  • Risk management of futures transactions
Derivative Controls and Methods
  • Limits and thresholds
  • Monitoring limits and reporting
  • Exception based escalation
  • Duration and convexity
  • Variance and co-variance
  • Correlation
  • Simulation including Monte Carlo
  • The Greeks
  • Distributions
  • Standard Deviation
  • Model risk and Basel
  • Backtesting and validation
  • The risk management of models
Options Contracts
  • Introduction to options
  • Options terminology
  • Traded vs OTC
  • Option premium
  • Confirmation and settlement
  • Volatility
  • Pricing an option –
    • Binomial model
    • Black Scholes
    • Other approaches
  • The importance of the yield curve
  • Risk management of options contracts
Swaps contracts
  • Introduction to swaps
  • Swap definitions
  • Quality spread differential
  • Interest rate swaps
  • Currency swaps
  • Pricing interest rate swaps
  • Swap valuations
  • Model risk and the importance of pricing feeds
  • Confirmation and settlement
  • Counterparty credit risk
  • Collateral and collateral management
  • ISDA master agreement
  • Relationship to credit risk
  • ISDA definitions
  • ISDA agreement structure
  • Outline ISDA agreement
  • Force majeur
  • Netting
Learning Objectives
Delegates will learn:
  • Introduction to key types of derivatives
  • Key risks involved in derivatives
  • Difference in approach between the banking and the trading book
  • Risks involved with forwards, futures, options, and swaps
  • Documentation requirements of derivative instruments
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 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 Derivatives Risk Management under COVID 19

Course Fee

Course Fee (per person):
GBP £0.00 (+ UK VAT when applicable)

Number of delegates:

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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: RTA20212 Categories: ,

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