Identifying, Measuring and Managing Financial Risk
A Five Days Exclusive Master class program….
Training Course Description
The Treasury & Risk Management function is essential to the success and sustainability of all leading corporate organisations. Never has this been truer, given the ever-increasing pace of change in regulation, compliance, technology and financial risk.
Treasury Management ensures sufficient liquidity to meet obligations, whilst managing payments, receipts and financial risks such as Credit Risk, Oil Price, Exchange Rate and Interest Rate Risk effectively. In addition, effective Treasury & Risk Management will enable companies to make informed and better strategic decisions, providing the analysis, finance and risk assessment.
The aim of this Dolphins training program therefore, is to provide participants with the knowledge and skills to make an effective contribution to the Treasury & Risk Management function.
This Dolphins training program will highlight:
- The Role of Scope of Treasury & Risk Management
- The latest international tools and techniques to enable you to identify; measure and manage risk effectively
- Methods to ensure, liquidity, improved investment returns and smooth cash operations
- Capital Investment Techniques and Methods of Finance to support Strategic Objectives
- The features and benefits of derivatives as risk management tools
Objectives
At the end of this Dolphins training program, you will learn to:
- Manage Cash, Liquidity & Working Capital to reduce finance costs and improve returns
- Recommend appropriate Methods of Short-term and Long-term Finance
- Evaluate Capital Investment Opportunities
- Determine and Implement the companys Risk Management Strategy
- Recommend Hedging and Risk Management Decisions
Training Methodology
The training methodology used is designed to encourage maximum participation by all staff. The trainer will suggest ideas and theories to the participants and then encourage them to test out the ideas by the use of discussion, small group work, exercises and feedback.
Each day of this training will end by the team completing their own record of what has been learned on the day and considering how the ideas might be transferred back to the workplace.
Organisational Impact
The aim of this Dolphins Treasury and Risk Management training program is to provide participants with the knowledge and skills to make an effective contribution to the Treasury & Risk Management function, enabling them to make the following organisational impact:
- Improved informed decision making
- Liquidity; Credit; Capital, Currency; Interest Rate, Commodity Price Management
- Increased profitability through cost and risk reduction
- Improved risk assessment and management
- Improved Corporate Governance and Stakeholder relationships
- Improved finance culture through the dissemination of knowledge and skills
Personal Impact
As a result of attending this vital Dolphins training program, focusing on the latest issues and risk facing organisations and the techniques to manage them, you will:
- Develop your professional skills
- Understand the latest international tools and techniques
- Be able to make more informed and hence better financial decisions using various models and software
- Increase your importance and ability to contribute effectively to your organizations goals
- Be able to liaise effectively with other departments and professionals on planning, forecasting, budgeting matters, financial and investment analysis
Who Should Attend?
Given the importance of the Treasury & Risk Management, this Dolphins training course is suitable to a wide range of professionals but will greatly benefit:
- Professionals working in Treasury & Risk Management
- Financial Decision-makers
- Managers and those with financial responsibilities
- Professionals acting upon the financial decisions of others
- Professionals with an interest in finance and the latest market developments
Program Outline
DAY 1
The Role of Treasury Management An Overview
- The Role & Scope of Treasury Management
- Operation & Location of a Treasury Department Cost or Profit Centre; Centralised or Decentralised
- Cash & Liquidity Management
- Working Capital Management
- Capital / Finance Management
- Risk Management
DAY 2
Cash & Liquidity Management A Detailed Analysis
- Cash Forecasts: Role & Preparation
- Investment of Cash Surpluses to Maximize Return
- Meeting Cash Calls and Short-Term Cash Shortages / Short Term Finance
- Working Capital Management Determining the Optimum Level
- Multi-national & Group Cash Management
- Cash Budgets: Process & Control
DAY 3
Financing and Capital Management
- Strategic Objectives: Consolidation, Growth, M & A; Joint Ventures, Diversification, etc.
- Financing Strategic Objectives / Long Term Finance (Public & Private Equity v Buyer & Supplier Debt)
- Optimizing the Capital Structure to Minimize the Cost of Capital (WACC)
- The Capital Asset Pricing Model (CAPM)
- Capital Investment Appraisal NPV; IRR, Payback
- Capital Rationing: Internal & External
DAY 4
Risk Management
- Identifying Risks and Uncertainties Internal & External; Financial & Non-Financial
- Measuring Risk Volatility; Variance; Standard Deviation; Probability; Value at Risk
- Determining the Risk Management Strategy Assessing Impact and Probability
- The 4 Ts Tolerate; Terminate; Transfer; Treat
- Internal Controls & Internal Auditing
- Credit & Counterparty Risk Management
DAY 5
Currency, Interest Rate & Commodity (Oil Price) Risk Management
- Forward Contracts and Forward Rate Agreements
- Options Calls & Puts;
- Futures Market Correlation; Margin Payments, etc.
- Swaps Currency & Interest Rate Risk and Benefits
- Foreign Currency Accounts other Internal Methods / Tactics
- Foreign Currency Borrowing
Dolphins Training & Consultants ltd
View Park Towers ,10th Fl ,Utalii Lane & L584-off UN Avenue, Gigiri.
P O Box 27859 00100 Nairobi, Kenya Tel +254-20-2211362/4/5 or 2211382
Cell:+254-700 086 219 / +254-712 636 404
training@dolphinsgroup.co.ke www.dolphinsgroup.co.ke
Your No.1 Corporate Training Partner DIT No./ 711
We push the human race forward and so do you.. Unleash Your True Potential.!