This will be a face-to-face course at the BSA offices in London.
The objective of this course is to provide participants with an overview of the financial and balance sheet risks a building society faces as a consequence of being a mortgage lender and how these risks are managed by the treasury function.
We will consider key risks such as liquidity risk, credit risk, market risk and interest rate risk within the new regulatory framework, and examine the role of board governance and the relevant committees, focusing on the Asset and Liabilities Committee. Additionally, we will discuss 'best in class' management information and how to read and understand key reports.
Who should attend?
The course will help those with some treasury experience, who need to improve their grasp of treasury risk – including NEDs and senior management, as well as recent starters in treasury, and other staff who need to upskill in treasury. The course may be particularly useful for staff with some “second line” responsibility over treasury or balance sheet management who need to refresh, update and extend their technical knowledge.
||Registration and coffee
|Identifying financial risks
- Liquidity risks
- Credit risks
- Operational risks
- Interest rate risks
- Other risks
|Measuring and managing liquidity risk
- The new liquidity framework
- Transferring from ILAS to ILAAP
- Liquidity risk management
|Measuring and managing credit risk
- Credit rating agencies and the ratings framework
- Counterparty assessment and limits
- Monitoring and reporting framework
|Measuring and monitoring operational risk
- Key controls
- Front office
- Middle office
- Back office
- What's in an ALCO pack?
||Measuring and monitoring financial risk
- Balance sheet risks
- Interest rate risk
- GAP sensitivity
- Basis risk
- Hedging the risks
|Managing and monitoring financial risks
- Risk committee
- Board oversight
|Financial risk management in the real world
- Reviewing portfolios
- Day to day activity
- When it goes wrong
||Summary and close
|This course is interactive and not just a 'teaching session'
so timings can be flexible to suit the requirements of participants.
"A very informative course with an informative trainer. A good mix of high level information and discussions throughout the session"
"This was a very well planned set of training which was both interesting and insightful"
"Dean delivered the course in an informative and interactive way which engaged conversation from the attendees"
(Delegate feedback from our March 2022 course)
BSA offices, London WC2
£490 per person (VAT exempt) - BSA Members & Associates
£695 per person (VAT exempt) - Non-members
Registration is via the online form
Registration closes t 4pm on Wednesday 30th November.
Note: We're also able to run separate courses specifically for Credit Unions (subject to demand). Please contact the events team if this is of interest to you.
Dean Carter is an experienced building society treasury and risk professional having worked in both London and Paris and formerly as Head of Treasury at the Nottingham Building Society. He has also held the executive post of General Manager – Operational Risk and Compliance.
His work as Director of Treasury Solutions at King & Shaxson includes investment and funding advice, treasury training, risk management advice and policy & procedures advice and review, interest rate forecasting and economic reviews, ALCO attendance and advice, and counterparty services advice.
Dean also assists firms considering or changing treasury approaches to risk management.