Advanced Banking Risk Management

Institute of Banking

Advanced Banking Risk Management

At a glance
The Professional Diploma in Advanced Banking Risk Management is the market leading, risk management programme designed specifically for senior risk management professionals who are working in roles in banking, funds, regulatory authorities and those providing risk management advisory services.

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.

How you will benefit
This programme will support your professional development and provide you with;
• An internationally recognised university qualification at master's degree level from University College Dublin
• At the strategic level, an understanding of the sources and nature of the key risks inherent in the banking model and the inter-relationships between those risks, the bank's competitive advantage, capital requirements, regulatory requirements and customer imperatives
• An understanding of corporate and risk governance and its relevance within the overall business context including global best practice governance standards
• The current global best practice risk management approaches used by banks to identify, measure, mitigate and manage these risks in an enterprise-wide risk context
• The technical risk skills and knowledge to critically evaluate and implement practical solutions to the key risk challenges facing banks' senior management teams
• An understanding of the regulatory imperatives that drive risk management in banking and an understanding of what regulators are seeking to achieve.

Continuous Professional Development
If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.

Subjects taught

Modules and learning outcomes
Risk Governance, Culture, Business and Enterprise Risk Management - (NFQ level 9, 10 ECTS)
At the end of this module, participants will understand: Corporate governance, including best practice governance standards. The board responsibilities and expectations of the risk management function. Risk governance frameworks, risk appetite statements and risk policies. The duties of directors under common law, company law and the Central Bank's Corporate Governance Code for credit institutions. The impact of culture, leadership and behaviour on risk profile and the effectiveness of risk management. The Central Bank's fitness and probity standards. The role of audit and risk committees, particularly in relation to risk management and an organisation's system of internal controls. The challenges in setting executive director levels of pay and the link between executive remuneration and excessive risk-taking. Banking model risks. Single Supervisory Mechanism. Enterprise Risk Management (ERM). ERM frameworks and how such frameworks are implemented. Approaches to risk integration and aggregation.

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 Risk, Conduct Risk and Reputational Risk Management - (NFQ level 9, 10 ECTS)
At the end of this module, participants will understand: The requirements and responsibilities of conduct risk management. Conduct risk frameworks, conduct risk appetite statements, measurement methodologies and global best practices. Operational risk as a risk management discipline in its own right. The distinction between operational risk, credit risk, market risk and Sarbanes-Oxley. The Basel III operational risk implications. Operational risk capital calculation methodologies. Reputational risk and its importance as the top strategic business risk.

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.

Entry requirements

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

a) An Honours degree (second class honours grade 2 award or higher) OR

b) Admission many 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.

Application dates

Closing date: 03 February 2023

Assessment Info

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: 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.

Enrolment dates

Please contact the course provider for the next enrolment and start date.

More details
  • Qualifications

    Special Purpose Diploma (Level 9 NFQ)

  • Attendance type

    Part time

  • Apply to

    Course provider