The course is aimed at individuals who wish to enhance their knowledge and understanding of the Risk Management and Treasury Support function. Although the course does not cover great detail regarding these functions, it does ensure that a general overview and solid understanding is formed of the different types of risks, the process of risk management and the importance of the support function of a treasury operation.

• Hyperlinked glossary definitions
• Fully searchable text
• Links to course facilitator for assistance
• Self-assessment MCQ exercises after each section

• Risk Management: The Importance of Risk, Risk Mitigation Approaches, Risk Management Techniques, Banking Supervision and Regulations, Risk Categories and Definitions, Segregation of Duties
• Currency Risk: Corporate Exchange Rate Risk, Banks and Foreign Exchange Risk, The Foreign Exchange Market, Associated and Created Risks, Associated Risks for Corporates.
• Interest Rate Risk: Sources of Interest Rate Risk, Management of Interest Rate Risk
• Regulators and Liquidity Risk: Management of Liquidity Risk, Regulators, Other Factors Affecting Liquidity
• Credit Risk: How Credit Risk Arises, Setting a Credit Strategy, Know Your Client ("KYC"), Principles for Management of Credit Risk, Common Sources of Major Credit Problems, Mark-to-Market Effect on Derivative Exposures, Determination of Customer Risk Management, Treasury Policy, Types of Exposure, Identifying the Risks, Credit Risk Mitigation
• Management: Role of the Credit Committee ("C.C."), Limits and Limit Control
• Settlement Risk: Causes of Settlement Risk, Customers and Settlement Risk
• Operational Risk, Legal Risk and Documentation Risk
• Treasury Support: Steps in a typical Trade Cycle, Importance of Settlement, Relationships and Responsibilities, Settlement Conventions, Settlement Process, Nostro and Vostro Accounts, Product Accounting and Control

• To instill a greater level of understanding of Risk Management and Treasury Operations
• To create exposure to the importance of risk, the many areas in which differing forms of risk occur and the approaches to the mitigation of risk
• To ensure a solid comprehension of the role of regulators and supervisors in the risk environment
• To create awareness of the value of segregation of duties
• To identify with the different types of risk in a treasury environment
• To comprehend and appreciate the role of treasury support, especially with respect to relationships with other business areas and the responsibilities of the treasury support area
• To value the importance of the settlement process and to identify with the various treasury products with respect to accounting and control

The Beaufort Institute is a financial market training company, specialising in the delivery of the highest standard and quality training to financial institutions as well as business communities in Southern Africa. Although the focus is Financial Market training programmes, other areas of finance are covered. They are accredited through BankSeta so claims against the Skills Levy will indirectly reduce the fee spent on training.

The learner should have had exposure to the financial markets to gain the most benefit, although the content is generic and thus of benefit to anyone wishing to get exposure.