Risk Management - Part 5

Risk Management - Part 5

Overview

This eCourse consists of two modules on managing interest rate risk. Module 1 looks at the issues surrounding the identification of interest rate risk and the subsequent measurement of it.

Module 2 focuses on the structures banks put in place to manage interest rate risk and the various approaches to such management – from ‘passive’ responses such as the imposition of limit systems to ‘active’ responses involving hedging rate risk via derivatives.

Objective

On completion of this course, you will be able to:
- Identify the key sources of interest rate risk for a banking business
- Describe how gap and duration measurements are used to quantify the extent of interest rate risk from different perspectives
- Describe how most banks attempt to centralize the process of managing interest rate risk through a treasury function, which adopts both passive and active approaches to handling this risk
- Outline how derivative instruments are used to hedge interest rate risk

Content

Module 1: Interest Rate Risk - Identification & Measurement
Topic 1: Identifying Interest Rate Risk
Topic 2: Measuring Interest Rate Risk

Module 2: Interest Rate Risk - Management
Topic 1: Overview of Managing Interest Rate Risk
Topic 2: Hedging Interest Rate Risk

Details

Code
TERFR17004701
Venue
ePlatform
Language
English
Level
Intermediate
Hours
SFC:2.0, PWMA:2.0
Fees
All Member: HK$560
Non-Member: HK$780
Staff of Corporate Member: HK$560