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32 - AAU - Accounting and Financial Auditing


AAU 207 - Credit and Counterparty Risk Manager (CCRM) Certificate Preparation

Code Start Date Duration Venue
AAU 207 19 September 2022 10 Days Istanbul Registration Form Link
AAU 207 14 November 2022 10 Days Istanbul Registration Form Link
AAU 207 05 December 2022 10 Days Istanbul Registration Form Link
Please contact us for fees

 

Course Description

Professionals in the field of Credit Risk Management are expected to have a thorough understanding of credit risk. This includes an in-depth understanding of credit risk analysis frameworks, deployment methodologies and the methods of credit risk management in corporate houses. This course is a best practices guide to all elements needed for the successful implementation of an effective risk management framework and the management of credit risk. 

This is a course preparation for certification exam/procedure. The fee doesn't include exam fee. The exam date and application should be done by participant(s) themselves. Please contact us for details and further clarification.

Course Objectives

  • Understand the various sources and types of credit risk
  • Learn how different definitions of credit risk can lead to different results
  • Design a comprehensive framework for credit and market risk without double counting or remainders
  • Assess the appropriate level of analysis for an institution
  • Understand the many elements of risk mitigation;the working, identification of residual risks and how to include it within models
  • Comprehend the impact of the different risk drivers and a validation of the model results using back-of-the-envelope calculations
  • Assess the software and system implications of the different modeling choices

Who Should Attend?

  • Financial auditors
  • Public sector auditors
  • Administrators 
  • Managers 
  • Consultants

Course Details/Schedule

Day 1

  • Credit Risk
  • Classic Credit Products
  • Important Credit Instruments 
  • Building Blocks
  • Instruments 

Day 2

  • Classic Credit Life Cycle
  • Introduction to Credit Risk and Credit Risk Basics 
  • Origination Phase 
  • Credit Risk Assessment
  • Monitoring Phase
  • Workout Phase 
  • Other Considerations 

Day 3

  • Classic Credit Risk Methodology 
  • Introduction And Setting The Scene 
  • Fundamental Credit Analysis 
  • Analysing Wholesale Credit 
  • Analysing Retail Credit
  • Classic Vs. Modern Credit Analysis Methodologies

Day 4

  • Credit Derivatives And Securitization
  • Structured Credit As A Funding Tool 
  • Linear Credit Risk Transfer 
  • Structured Credit As A Risk Management Tool 
  • Bespoke Structured Credit

Day 5

  • Modern Credit Risk Modeling 
  • Credit Risk Parameters 
  • Credit VaR Models 
  • Implementation 
  • Modelling Credit Risk Mitigation
  • Risk Allocation and Performance Management

Day 6

  • Credit Portfolio Management
  • CPM Goals and Philosophy
  • CPM Instruments 
  • CPM Analytics 
  • CPM In Practice

Day 7

  • Counterparty Risk
  • Basics of Counterparty Risk
  • Historical Perspective 
  • The OTC Derivative Market
  • Exposure Measurement 
  • Risk Appetite

Day 8

  • Risk Mitigation
  • Documentation
  • Netting 
  • Collateral
  • Clearing 
  • Compression

Day 9

  • Credit Valuation Adjustment, CVA
  • CVA Definition and Calculating CVA 
  • Debit Valuation Adjustment, DVA 
  • Wrong-Way Risk 
  • Organizational Challenge

Day 10

  • CVA-related Aspects – Toward XVA 
  • Funding Valuation Adjustment, FVA 
  • Capital
  • Leverage Ratio
  • Liquidity Ratios 
  • Managing Counterparty Risk and CVA
  • Hedging CVA
  • Central Clearing Counterparties (CCP) 
  • Managing Distressed Names and Defaults