Risk, Treasury & Financial Control
F1 Risk Foundations
The vocabulary. Appetite, tolerance, capacity, limits, likelihood, impact and the risk event.
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Risk Register
Topic 02Risk Matrix: A Record Against a Rating Scale
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Scenario Analysis
Topic 02Stress Testing: Two Different Questions
F4 Credit and Counterparty Risk
The first exposure. The risk that the other side does not pay, and how it is reduced.
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Collateral
Topic 02Netting: Two Ways to Cut the Same Exposure
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Concentration Risk
Topic 02Wrong Way Risk: Two Different Faults
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Counterparty Risk
Topic 02Credit Risk: A Known Amount or Not
F5 Market Risk
The second exposure. What a balance sheet carries into the market, and the measures for it.
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IRRBB
Topic 02Market Risk: The Banking Book and the Trading Book
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Value at Risk
Topic 02Expected Shortfall: The Cut-Off and the Tail
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Earnings at Risk
Topic 02Economic Value at Risk
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FX Transaction Risk
Topic 02FX Translation Risk
F6 Liquidity Risk
The third exposure. Not the value of the assets but the ability to fund them.
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Liquidity Gap
Topic 02Liquidity Buffer: A Timing Table and a Stock
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Liquidity Risk
Topic 02Funding Risk: Selling or Raising the Cash
F7 Operational Risk
The fourth. Failure of process, people and systems, and the controls against it.
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Cyber Risk
Topic 02Third Party Risk: Two Categories, One Overlap
F8 Risk Reporting, Data and Model Risk
How every risk above reaches a decision maker, and the model risk in the numbers.
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Model Validation
Topic 02Backtesting: Two Different Questions
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Model Risk
Topic 02Data Risk: Two Failures, Two Different Fixes
F10 Financial Controls and Assurance
The control layer and who checks it. Design, effectiveness, findings and the Indian requirement.
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Control Design
Topic 02Control Effectiveness: Two Different Tests
F11 Operational Resilience
What happens when it fails anyway. Continuity, recovery, incident and crisis.
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Business Continuity
Topic 02Operational Resilience