Risk Management - the Fundamentals
This workshop examines the principal elements of financial risk management, including the main sources of financial risk, what we can learn from past cases and the right risk management techniques for financial markets firms to adopt.
Participants will discuss the main sources of financial risk, followed by an overview of key risk management tools and techniques. The workshop examines incorrect risk management practices and their resulting losses, before investigating widely-used international risk management frameworks, such as ISO 31000 and COSO.
About the Speaker
Susan Campbell, Consultant, Argyll Financial & Treasury Consultants
Susan Campbell is a leading risk management expert with substantial experience in senior roles in the finance and corporate sectors. Susan worked for many years with major banks in Melbourne and London as a treasury advisor to Australian and international firms before a subsequent appointment to the role of the Treasurer for Sussan Corporation, a large Australian property and retail group. She has also held a senior lecturer position at RMIT University.
For the last 20 years Susan has run a successful consulting business, ARGYLL, specialising in treasury operations, transactional banking, risk management and internal controls. She also presents and writes for various professional bodies in Australia and overseas.
Susan is a non-executive director of Heritage Bank and Benetas Aged Care and serves on their risk committees. Her role at Heritage Bank, Australia’s largest member-owned bank, gives Susan direct experience and insight into the role of good risk management in financial institutions.
Who is it for?
This workshop is ideal for individuals working in financial services organisations who need a fundamental understanding of the cause and nature of risk in financial markets. After attending the workshop, you should be able to relate the information you have learned back to your own workplace, with greater understanding of the responsibilities and risks associated with your role. The workshop assumes that attendees have basic pre-existing knowledge of financial markets.
What will you learn?
Upon completing this workshop you will be able to:
- explain the core principles of ISO 31000 Risk Management
- describe the basic steps critical in the risk management process and define the key terminology
- examine risk in the context of your own firm
- describe the main financial risks and their interlinkages — market, credit, liquidity and operational
- discuss the predominant techniques used in measuring and managing risks
- identify how organisational structures influence risk management approaches
- assess the impact of global risk management standards on your organisation.