Advanced Banking Risk Management

It covers a broad technical curriculum encompassing the key conceptual foundations of banking risk management and it will enable participants to think strategically in order to manage the key risks in accordance with the bank’s competitive advantages and risk appetite.

Who is it for?

Banking and financial institutions’ senior risk and compliance professionals who are members of the bank risk committees and related roles including, but not limited to, governance, risk, regulatory and liquidity committees.

Banking, financial and regulatory institutions’ senior risk and compliance professionals who are working in risk and compliance roles including;
Compliance
Credit review
Capital and credit modelling
Conduct risk
Asset and liability management
Market risk
Operational risk
Internal audit
Legal
Finance
Technology
Change management

Risk professionals working in the Central Bank of Ireland, National Treasury Management Agency, accountants, business consultants, lawyers and other professionals who provide risk management advisory services.

Award
Professional Diploma in Advanced Banking Risk Management from UCD.
This is a level 9 qualification on the National Framework of Qualifications and carries 30 ECTS.

Risk Governance, Culture, Business and Enterprise Risk Management (NFQ level 9, 10 ECTS)
At the end of this module, you will be able to:

Discuss the theory and practice of enterprise risk management in the financial services sector

Describe and explain the theories of corporate governance and their evolution

Develop and propose to senior management an appropriate risk appetite framework for implementation in a financial services provider. Justify your proposal(s)

Evaluate selected international corporate governance models

Critically assess the cultural, leadership and behavioural aspects of corporate governance and the challenges facing boards in embedding a strong risk culture into financial service providers’ risk management, policies and processes

Develop the skills to independently identify, monitor and research resources on advances in ERM and corporate governance best practice.

Regulatory and Economic Capital Management, Credit Risk and Pricing for Risk (NFQ level 9, 5 ECTS)
At the end of this module, participants will understand: Capital planning and scenario planning. The different types of capital instruments. CRD IV. Risk-weighted assets. Regulatory capital. Economic capital. ICAAP and stress testing. Risk and return methodologies. Principles of credit risk management. Credit risk management framework. Credit models. Customer grading and scoring. Calculation of impairment provisions. Relevant regulation.

Strategic Operational Conduct and Reputational Risk Management (NFQ level 9, 10 ECTS)
At the end of this module, you will be able to:

Explain the best practice principles of non-financial risk management, covering Operational, Strategic, Reputational and Conduct Risks

Outline to senior management and staff colleagues the bespoke frameworks for the management of key risks within the operational risk family, (to include Business Continuity, IT and Cyber Risk, Fraud, Data Aggregation, Outsourcing, AML) advising them of the rationale for the key differences between each risk framework

Adapt the principles from current best practice in non-financial risk management and develop appropriate strategies for the management of emerging risks (such as those arising from Climate and Fintech)

Apply an operational risk methodology to identify, appraise, and mitigate operational risks in a financial services provider’s business model

Advise senior management on the relationship between operational risks, regulatory capital and risk-based pricing in banking and the wider financial services sector and the rational for, and application of, operational risk capital calculation methodologies

Demonstrate the learning skills to support continuous self-directed personal and professional development.

ALM, Liquidity and Market Risk (NFQ level 9, 5 ECTS)
At the end of this module, participants will understand: The role of asset and liability management. The main pre-crisis practices in liquidity risk management that led to unstable balance sheet structures. How the regulatory landscape has changed in response and the resulting new requirements. The impact of current regulatory developments on balance sheet structures. The underlying risks inherent in a balance sheet, e.g. liquidity risks, interest rate risks etc. The critical evaluation of the strategic considerations of balance sheet management under various different scenarios. Market risk, crisis and regulation. Value at risk. Derivative markets: size and turnover. Counterparty credit risk. Interest rate risk in the banking book.

Students seeking admission to the MSc Pathway or its constituent programmes must possess:

An Honours degree (second class honours grade 2 award or higher)
or
Admission may also be considered for experienced professionals who do not meet the admission requirements as set out above, where they can demonstrate knowledge through their work i.e. they have more than 5 years’ experience in a management role (to be considered on a case by case basis).

Professional body membership
You must be a current member of IOB, or become a member, to undertake this programme.

Assessment is a combination of continuous assessment and written exams. The pass mark is 40% in all modules in line with UCD academic policy.

Duration: Varies
Delivery is online

Risk Governance, Culture, Business and Enterprise Risk Management

•Module fee €1,100
•IFS Skillnet funded member module fee €800*

Regulatory and Economic Capital Management, Credit Risk and Pricing for Risk

•Module fee €550
•IFS Skillnet funded member module fee €400*

Strategic Operational, Conduct and Reputational Risk Management

•Module fee €1,100
•IFS Skillnet funded member module fee €800*

Asset and Liability Management (ALM), Liquidity and Market Risk

•Module fee €550
•IFS Skillnet funded member module fee €400*

This programme has IFS Skillnet funding available for certain companies. You should check if your company has IFS Skillnet approval.

* 2019 modules are eligible for IFS Skillnet funding for a limited number of places on a first come first served basis.

** The availability of funding for modules in future trimesters will be confirmed in advance of their commencement.

Tax relief may be available to candidates who are paying fees in a personal capacity. Further information is available from Revenue.

Contact Provider for next start date.