International Certificate in Banking Risk and Regulation
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The International Certificate in Banking Risk and Regulation is a global
certificate program that delivers a deep qualitative understanding of the
risks associated with banking and the financial markets. Candidates will
learn about risk management methodologies, governance structures and
the regulatory principles outlined by the Basel Committee on Banking
Supervision. The self-study curriculum developed by the Global Association
of Risk Professionals (GARP) is presented in four textbooks—Market Risk,
Credit Risk, Integrated Risk and Operational Risk—each book contains
numerous examples of actual financial events, case studies, diagrams and
tables aimed at explaining complex financial risks. In order to earn the ICBRR
Certificate, candidates are required to sit for and a pass an online exam
offered at Pearson Vue testing centers which are located in 165 countries.
FIBA’s comprehensive offering includes live instructor-led workshops. The
instructor led training will help candidates master the underlying concepts of
banking risk management and learn how to recognize, measure and mitigate
risk in banking and the capital markets. Participants will be better prepared to
sit for the ICBRR exam.
Prerequisites
Candidates should have a fundamental understanding of banking, finance,
and the technical terms commonly used in banking and risk management.
Program includes:
• Four textbooks
• Instructor-led live training
• E-learning platform
• Exam Registration delivered via Pearson Vue test sites located in
165 countries
• Certificate awarded upon successful completion
The International Certificate in Banking Risk and Regulation
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WHO SHOULD ATTEND
• Entry- to Associate-level risk managers
• Professionals in banking, financial services, banking
regulatory agencies, consulting firms, government
organizations and agencies, central banks and
academic institutions
• Professionals in non-risk groups: accounting, audit,
compliance, IT, legal, operations, portfolio manage-
ment, research, sales and trading
• Bankers, traders and portfolio managers
About the Program
Learning Objectives
CERTIFICATE AWARDED
International Certificate of Banking Risk and Regulation
jointly issued by FIBA and Global Association of Risk
Professionals after successful completion of exam.
MARKET RISK MANAGEMENT
Focuses on market risk management practices at global
financial institutions and addressing risk assessment,
risk measurement, and risk mitigation practices.
Introduction to Bank Risk Management
• Risk Classification
• The Objectives of Risk Management
• Organizational Structure of Risk Management in Banks
Foreign Exchange Markets, Instruments and Risks
• The Foreign Exchange Market
• Spot and Forward Foreign Exchange Transactions
• Currency Futures, Options and Swaps
Interest Rate Markets, Instruments and Risks
• Fixed Income and Cash Instruments
• Classification and Risk of Fixed Income Derivatives
• Basics of Mortgage-Backed Securities and CDOs
Equity and Commodity Markets, Instruments and Risks
• Equity and Commodity Instruments
• Commodity Derivatives, Forwards and Options
• Risk Maps
The Risk Measurement Process
• Value at Risk (VaR)
• The Process by Which Banks Aggregate and Measure Risk
• Quality Control in VaR
Risks in Bank Trading Strategies
• Bank Trading Strategies
• Position Management and Hedging
• External Market Risks Affecting Bank Trading Performance
Market Risk Organization and Reporting
• Governance of Market Risk
• Tools Used in Risk Measurement, Monitoring and Control
• Users of Market Risk Reports
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CREDIT RISK MANAGEMENT
Focuses on credit risk management practices and
principles at global financial institutions and addresses
credit risk identification, measurement, and mitigation
practices.
Credit Risk Assessment
• Differences between Credit and Market Risk
• Credit Policy and Credit Risk
• Credit Risk Assessment Framework and Credit Modeling
The Risks of Credit Products
• Risk Drivers in Retail, SME, and Corporate Credit
• Counterparty and Sovereign Credit
Credit Risk Portfolio Management
• Types of Default Correlation
• Methods of Aggregating Credit Risk
• Securitization as a Risk Management Tool
• Credit Derivatives and Their Role in Credit Risk Management
The Regulatory View
• Evolution of the Basel Accords
• Methods to Compute Credit Risk Capital Requirements
• Regulatory Treatment of Securitization Activities
INTEGRATED RISK MANAGEMENT
Focuses on integrated risk management by analyzing
how risk drives capital management decisions for banks,
particularly the interest rate risk in the banking book
and liquidity risk.
Interest Rate Risk in the Banking Book
• The Role of the Treasury
• Asset and Liability Management (ALM) Risks
Liquidity Risk in the Banking Book
• Funding Liquidity Risk Measurement and Management
• Liquidity Risk Reporting
Bank Capital Management
• Regulatory and Economic Capital
• The Basic Relationship between Capital and Risk Measures
• Risk-Adjusted Return of Capital (RAROC)
OPERATIONAL RISK MANAGEMENT
Focuses on operational risk and how it is effectively
managed and measured in financial institutions by explor-
ing the regulatory and business drivers for operational
risk frameworks.
Operational Risk Management and Measurement
• Drivers of Operational Risk Management
• Ownership of Operational Risk Management
• Governance and Supervision
Loss Data and Risk and Control Self Assessments
• Sources of Internal and External Loss Data
• Risk and Control Self Assessments
Scenario Analysis, Key Risk Indicators, Reporting and
Best Practices
• Scenario Analysis
• Key Risk Indicators (KRIs)
• Reporting
• Governance, Risk and Compliance (GRC)
Learning Objectives
Educational Partnership
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FIBA, the leading non-profit trade association focused on international banking
and finance, and GARP, the leading global association for financial risk certifica-
tion and risk education programs have formed and educational partnership to
train and certify professionals in the critical area of risk management.
This partnership provides the opportunity for FIBA to train candidates in Miami
and throughout Latin America for GARP's Foundations of Banking Risk and
International Certificate in Banking Risk and Regulation programs. These
programs are designed for a wide audience of financial services professionals,
from new hires to senior professionals in finance, accounting, internal audit,
compliance, technology, operations, sales and risk management.
About GARP
The Global Association of Risk Professionals (GARP) is a not-for-profit global
membership organization dedicated to preparing professionals and organiza-
tions to make better informed risk decisions. Membership represents over
150,000 Members and Affiliates from banks, investment management firms,
government agencies, academic institutions, and corporations from more than
195 countries and territories. GARP administers the Financial Risk Manager
(FRM®) and the Energy Risk Professional (ERP®) Exams; certifications recog-
nized by risk professionals worldwide. GARP also helps advance the role of
risk management via comprehensive professional education and training for
professionals of all levels. Visit www.garp.org.
About FIBA
The Florida International Bankers Association (FIBA), Inc., is a non-profit trade
association founded in 1979. Its membership includes some of the largest finan-
cial institutions in the world, with foreign and domestic banks from Europe, the
U.S. and Latin America who are active in international trade and finance in our
hemisphere. The primary focus of FIBA members is trade finance, international
correspondent banking and international wealth management/private banking
services for non-residents. These activities helps facilitate North-South trade
and capital flows. Visit www.fiba.net.
Creating a culture of risk awareness.®
Global Association ofRisk Professionals
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www.garp.org
Florida International Bankers AssociationFIBA
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Contact: [email protected]
www.fiba.net
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