Overview

This eCourse consists of two modules. Module 1 looks in detail at risk reporting, covering it from the perspective of both internal reports and external/regulatory reports.

Module 2 describes how the practice of stress testing has developed within financial risk management in recent years and highlights its growing importance following the events of the crisis. It also addresses the different types of stress test in terms of both institutional and regulatory contexts.

Objective

On completion of this course, you will be able to:
- Identify the importance of risk reporting and the key internal and external stakeholders
- Recognize the problems with risk reporting that were exposed by the financial crisis and the response by both regulators and banks to these problems
- Identify the key stages in the risk reporting process and the challenges that reporting teams face
- Define the key concepts associated with stress testing, including the difference between stress testing and sensitivity analysis
- Identify the key elements of a bank’s stress testing framework, including the testing process itself
- Recognize the benefits of regulatory macro stress tests for the banking industry

Content

Module 1: Risk Management - Reporting
Topic 1: Overview of Risk Reporting
Topic 2: Evolution & Development of Risk Reporting
Topic 3: Risk Reporting Process & Challenges

Module 2: Stress Testing – An Introduction
Topic 1: Overview of Stress Testing
Topic 2: Stress Testing Framework
Topic 3: Regulatory Stress Testing