THE BAHAMAS INSTITUTEOF FINANCIAL SERVICES

Welcome to "Foundation Level Risk Manager in Financial Services," a comprehensive course designed to equip students with the foundational knowledge and practical skills necessary to understand and navigate risk management. In today's dynamic business and global landscape, the ability to identify, assess, and mitigate risks is crucial for the success and sustainability of any organization.

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 Course Objectives:

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By the end of this course, students should be able to:

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1. Define risk management.

2. Principles of Risk Management

3. Describe features of a risk management framework.

4. Define risk governance and describe elements of effective risk governance.

5. Explain how risk tolerance affects risk management.

6. Describe risk budgeting and its role in risk governance.

7. Identify financial and non-financial sources of risk and describe how they may interact.

8. Describe methods for measuring and modifying risk exposures and factors to consider in choosing among the methods.

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Module 1: Introduction to Risk Management
 

• Define Risk Management

• The Evolution of Risk Management

• Risk Management role in organizational success

• Types of Risks

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Module 2: Risk Management & Governance

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• Roles and responsibilities

• Risk Management Committees

• Risk Culture

• Communicating Risks to stakeholders

  

Module 3: Risk Management Principles
 

• Overview of The Basel Framework

• Risk Appetite

• Risk Identification

• Risk Assessment and Analysis

• Risk Mitigation and Control – Risk Acceptance, Avoidance, Transfer, Controlling, monitoring

• Overview of Credit and Interest Rate Risk Management

 

Module 4: Liquidity & Market Risk, Exchange Control and Corporate Governance

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• Overview Liquidity and Operations Risk Management

• Overview Country Risk and Market Risk Management

• Overview Currency & Exchange Rate Risk Management

• Money & Capital markets (Regulatory)/Exchange Control/Stock Exchanges

• Asset Liability Management /Capital Management

• Strategy, Vision and Mission

• Overview of Corporate Governance - the responsibility of the board, management

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Final Exam - 80 multiple-choice questions in 2 hours. Computer Based Exam

 

COURSE DURATION: 8 weeks 

DAYS: Wednesdays
TIME: 6:30 pm - 9 pm 
COST: $895 - $995
Learning Platform: Zoom