For many Investment Banks, Asset Managers, Brokerage and other firm’s market risk is one of the most material business risks. The related terminology, analytics, management approaches and regulatory requirements are often perceived as a “mystery“, and an “impenetrable jungle”. Against this background the course offers a non-technical introduction to Market Risk. It is one of the few courses on this topic that is not targeted at Quants and therefore does not require advanced quantitative background knowledge.

The course is split into two parts. Part I helps delegates to understand the fundamentals of Market Risk by walking through the four phases of the Risk Management cycle: Risk Identification, Risk Quantification, Risk Management and Risk Reporting. Part II transports these fundamentals into the day to day risk management practice. For this purpose, the course uses deep dives, which are also discussed in the context of new and currently highly topical regulatory requirements, namely the Fundamental Review of the Trading Book, BCBS 368 and BCBS 239. Together with the learning from Part I, the deep dives in these “hot topics” will allow delegates to participate and inform discussions in their firm, e.g. as part of Audits, Compliance, IT or Change Management projects.