Executive Education
Understanding and Managing Financial Risk
History has demonstrated that financial risks are treacherous. The 2008 financial sector crisis produced a rich store of examples of companies which underestimated their financial risks, with dire consequences. Understanding the categories of financial risk and how they interact, change and escalate in different circumstances is the foundation of financial risk management.
Financial risk management begins with understanding the complex finance concepts and theory which underpin the financial markets and the risks they generate. Managing financial risk requires practice in the application of risk measurement and mitigation techniques which use these concepts and methods in real-life situations.
Participants in this course will learn to recognize financial risks, apply suitable analytical and measurement approaches and take effective risk mitigation steps. They will practice evaluating and managing financial risks when facts are incomplete or ambiguous, when time is of the essence and when other stakeholders have to be convinced of the best course of action. Their knowledge and judgment will be tested through case studies based on actual historical situations, performed both individually and in teams. The course is designed to prepare them for the spectrum of financial risks which they will encounter and have to manage in real-life situations. As the course progresses, they will come to recognize that curiosity, continuous learning and healthy skepticism are essential ingredients for effective financial risk management.
Intelligence Risk Management
In the business sector, the consequences of high-stakes decisions are typically measured in money. In the intelligence sector, the consequences of decision making are measured in lives. Given this weighty difference, the intelligence sector has developed the world’s most dynamic and sophisticated analytical methods for assessing risks, assumptions, variables and potential consequences of high-stakes decisions. Business decision-makers, by contrast, typically rely on traditional analytical practices which are ill-suited to the tidal wave of data, facts, speculations and opinions which need to be distilled into objective and informed analysis. Recent history provides ample evidence of the consequences of these flawed and limited techniques.
The most widely used analytical methods developed by the intelligence community are Structured Analytic Techniques (SAT’s), which provide a framework for facilitated conversations designed to introduce rigor into organization and interpretation of quantitative and qualitative data.
The Intelligence Risk Management workshop comprises three sections, delivered in an intense, full-day program. The first part explores the origin, development, components and uses of Structured Analytic Techniques, with in-depth focus on the two SAT tools most effective in risk analysis — Key Assumptions Check and Indicators of Change. These methods are illustrated by real-life examples. The second section features a keynote speech by a notable business leader, highlighting the importance of using a structured analytical approach to assess risks in high-stakes propositions. The third section comprises an inter-active simulation, in which participants apply SAT methods to a real-life business case.
History has demonstrated that financial risks are treacherous. The 2008 financial sector crisis produced a rich store of examples of companies which underestimated their financial risks, with dire consequences. Understanding the categories of financial risk and how they interact, change and escalate in different circumstances is the foundation of financial risk management.
Financial risk management begins with understanding the complex finance concepts and theory which underpin the financial markets and the risks they generate. Managing financial risk requires practice in the application of risk measurement and mitigation techniques which use these concepts and methods in real-life situations.
Participants in this course will learn to recognize financial risks, apply suitable analytical and measurement approaches and take effective risk mitigation steps. They will practice evaluating and managing financial risks when facts are incomplete or ambiguous, when time is of the essence and when other stakeholders have to be convinced of the best course of action. Their knowledge and judgment will be tested through case studies based on actual historical situations, performed both individually and in teams. The course is designed to prepare them for the spectrum of financial risks which they will encounter and have to manage in real-life situations. As the course progresses, they will come to recognize that curiosity, continuous learning and healthy skepticism are essential ingredients for effective financial risk management.
Intelligence Risk Management
In the business sector, the consequences of high-stakes decisions are typically measured in money. In the intelligence sector, the consequences of decision making are measured in lives. Given this weighty difference, the intelligence sector has developed the world’s most dynamic and sophisticated analytical methods for assessing risks, assumptions, variables and potential consequences of high-stakes decisions. Business decision-makers, by contrast, typically rely on traditional analytical practices which are ill-suited to the tidal wave of data, facts, speculations and opinions which need to be distilled into objective and informed analysis. Recent history provides ample evidence of the consequences of these flawed and limited techniques.
The most widely used analytical methods developed by the intelligence community are Structured Analytic Techniques (SAT’s), which provide a framework for facilitated conversations designed to introduce rigor into organization and interpretation of quantitative and qualitative data.
The Intelligence Risk Management workshop comprises three sections, delivered in an intense, full-day program. The first part explores the origin, development, components and uses of Structured Analytic Techniques, with in-depth focus on the two SAT tools most effective in risk analysis — Key Assumptions Check and Indicators of Change. These methods are illustrated by real-life examples. The second section features a keynote speech by a notable business leader, highlighting the importance of using a structured analytical approach to assess risks in high-stakes propositions. The third section comprises an inter-active simulation, in which participants apply SAT methods to a real-life business case.
Technical Training
▪ Operational risk stress testing
▪ Market risk measurement,management and reporting
▪ Credit risk measurement, management and reporting
▪ Liquidity risk measurement, management and reporting
▪ Market risk measurement,management and reporting
▪ Credit risk measurement, management and reporting
▪ Liquidity risk measurement, management and reporting