Introduction
PresentationThe path aims to contextualize the role of the Risk function in the bank following the recent regulatory interventions of prudential supervision.
The first part takes into consideration the duties of the Risk Manager within the new internal control system and the optimal interactions with the other corporate functions.
Subsequently, the first and second level risks are addressed with an interactive and concrete methodology in order to provide all the company functions that need to evaluate the strategies on a daily basis (including General Managers and Board Members), the operational tools to introduce and maintain all the appropriate second level safeguards that the legislation and best practice require.It is the only Master in Italy:with a modular structure that allows you to customize the training objectives of each, with a subdivision into levels of knowledge ranging from the simplest Basic Level to the most advanced Advanced Certified, for those who want the best;
to be Approved at European level;
to have brought together the leading Experts on Risk Management with over 25 years of experience;
which provides for a final written and oral exam with an external commission, an element that officially certifies the acquisition of skills;
that at the end of the course requires enrollment in the Certified Risk Managers Register;
provided by a specialist division of an ASFOR Associated Management School;
which adds E-Learning attendance to that in the classroom, allowing you to constantly monitor learning;
to offer its learners uninterrupted access, for 365 days a year, to the E-Learning platform with continuous updates on the latest news.RecipientsRisk Management Managers and Specialists, Internal Control Managers, Compliance and Internal Audit Managers, Administration, Finance and Control Managers, Anti-Money Laundering Managers and Specialists, General Managers and Board Members.
Also recent graduates in the one-year Post-Graduate version of the Master.Structure17 Blended Modules (9 classroom + 8 e-learning)
The Master lasts 7 months and is organized in 17 modules attended in Blended mode. Each module includes the attendance of 1 classroom day and 3 weeks in e-learning: the e-learning module follows the classroom module in time, deepening the topics and allowing the certification of outgoing skills by administering verification tests with an average daily commitment of about 10 minutes. The teaching of the Master includes an important pragmatic activity by dedicating the afternoon of the classroom days to the practical analysis of real cases, proposed by the students themselves in the days preceding the intervention, and object of analysis and plenary discussion or exercise led by the teacher. For those who achieve the Advanced Level, the frequency of the Update at a discounted price is reserved in subsequent years.ProgramModule 1 - Inaugural round table with the speakers of the Master
Module 2 - The role of Risk Management and Compliance in the context of the Risk Appetite Framework required by the Supervisory BoardThe role of Risk Management and Compliance in the context of the financial intermediary
The Risk Appetite Framework as a planning tool for all risks and the desired risk-return ratio
Risk analysis and “risk assessment” underlying the Risk Appetite Framework
Risk management as a consequence of risk analysis: temporal aspects of risks
Cross-cutting risks and the Compliance function: privacy and safety at work
Stress-testing: how to set it up and implement it (lessons from the ECB)
Risk communication techniques
Practical and Question-Time exercisesModule 3 - The risk of non-complianceMethods and IT tools for the management of obligations and reporting of activities for the compliance function
Gap analysis as a starting point for organizing the compliance function in accordance with the updating and evolution of legislation
The principled approach
Line controls: why they are important for the Compliance function
Tools for the formalization of line controls
Remote controls: why they are important for the Compliance function
Second level controls of the Compliance function
Exchange of information with other control functions
The interrelationships of the risk of non-compliance with operational risks
The construction of the compliance model according to the model adopted by the Regional Federation
Assessment of inherent risk and residual risk: techniques and tools
Practical exercises and Question-TimeModule 4 - Methods and Models for credit riskDefinition of credit risk according to prudential supervision
Credit risk measurement models, from Standard to IRB models (basic and advanced); feasibility of using external models and simplified models
Credit risk weighting methods
Credit risk and PUMA2: the new prudential discipline
Securitisations
Credit risk and the Credit Risk Management function
Management and organizational impacts: granting and management of credit, monitoring, pricing
The organizational repercussions of Credit Risk Management
The concentration risk
Practical and Question-Time exercisesModule 5 - Market risk management and liquidity riskDefine the market risk in the bank
Market risk models
Limits of VaR models, Supervisory preferences and simulations; the expectedshortfall
Market risk and PUMA2: the new prudential discipline
The role of Financial Risk Management and bank performance
Practical and Question-Time exercisesModule 6 - Operational, financial leverage, reputational, residual and strategic risksOperational risk in the bank according to the current guidelines of the Basel Committee
The role of IFRS 9 and the convergence process between the IASB and Basel 3. The (late) EU homologation after the EU Commission Regulation of 22 November 2016. Applicability from 1 January 2018 and supervisory reports
Political and socio-economic risks, Economic risks (outline)
Early warning and vulnerability
"Disaster management" and corporate crises: the "assessment" of vulnerabilities
Natural hazards and their quantification
Cross-cutting risks: money laundering, terrorist financing, privacy, safety at work, etc.
Risks deriving from modeling and quantification
Reputational, residual and strategic risk and their implications in the Risk Appetite Framework
The financial leverage
Practical and Question-Time exercisesModule 7 - The Bank of Italy Supervisory InspectionThe Process and procedures used by the Bank of Italy in the Supervisory Inspections
1st Pillar Analysis (Credit Risk)
1st Pillar Analysis (Market Risk)
1st Pillar Analysis (Operational Risk)
Practical and Question-Time exercisesModule 8 - Summary of the training course for final reviewExam preparationModule 9 - Final written and oral examFinal exam (Written and Oral), for the achievement of the title "Risk Management and Internal Controls in the Bank"Module 10 - Extra programConferenceLoansThe Master is eligible for:Banks through the Insurance Banks Fund
Private individuals through the Loan of Honor
Classroom program and learning verification test
