Introduction

This webinar will highlight pitfalls and chances of success for stress-testing to equip participants for adding key value to a financial institution's risk management structures. Through lecturing and on-the-go questions, the instructor will encourage participants to think beyond routine risks and to examine with lucid minds extreme risks, beyond the usual defense 'it will not happen', or 'it will not happen again'. It will also examine a few key scenarios to see how a financial institution can deal with such scenarios without compromising its key strategic objectives and enable every function to thrive in the knowledge that a few possible disasters have been prepared for.

Learning Objectives

  • Go past the stage of considering stress-testing as a by-product of regulation
  • Understand the meaning and interest of thorough stress-testing
  • Ask the right questions about the consequences of adverse shocks in different areas of the bank
  • Obtain a full picture of the vulnerabilities of a bank
  • Measure the challenges of bumping stress scenarios into data
  • Conquer a confidence to achieve a full, convincing and effective communication or stress-tests

Area Covered In The Webinar

  • Stress-testing and scenario analysis
  • The regulatory view - before and after
  • Why and how stress-testing
  • Designing and developing scenarios
  • Deriving value from stress-testing
  • Developing an action plan
  • Communicating stress-testing

Why should you attend?

In this financial risk management training, we will teach attendees how to effectively participate in stress-testing initiatives. Attendees will also learn the tools and techniques to manage their institution's extreme financial risks.

Stress-testing requires lateral knowledge and skills to be thoroughly pursued and constantly updated. It is no longer enough to neglect low-likelihood risks, even when there are few or no past occurrences of these risks, and if the perspective looks far away.

Who Will Benefit

  • Financial Officers
  • Risk Officers
  • Internal Auditors
  • Operational Risk Managers
  • Staff with roles and responsibilities in operational risk in risk management departments, businesses and central departments.

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Fred Vacelet is a Financial Risk Management Consultant with an international expertise in Risk Management methodological frameworks. His experience spans some 25 years, advising banks, software house Know More

Fred Vacelet