Risk Management Applied to Treasury - Advanced

Have already some basics knowledge and experience in Risk Management and/or have completed the training "Risk Management Applied to Treasury - Fundamentals".

This module is part of the certified path "International Treasury Management and Corporate Finance - Advanced". It can also be taken independently.

Upon successful completion of this course, the participant should be able to:

• Get a good understanding of how corporates and multinational companies manage financial risks, with a specific focus on FX risks and instruments used
• Understand ways of booking these financial instruments under IFRS, hedge accounting principles and ad hoc reporting
• Have a broad overview of classic hedging instruments used and through examples and exercises to catch on strategies and policies usually adopted by corporates
• Appreciate the revaluation techniques and issues, as well as impacts into P&L
• View types of IT solutions that exist and how they can help managing financial risks

• Review of all financial risk’s treasury managed by treasury
• Ways of protecting companies against these risks
• Financial instruments used
• Review of interest rate, commodity, equity, liquidity and counterparty risks.
• FX risk management: general objective
• Functional currency
• FX policies and strategies applied – best practices
• Review of main instruments used
• Accounting constraints under IFRS – IAS39 & IFRS9
• How accounting standard changes strategies applied and nature of instrument used
• FX risk reporting
• EMIR and EMIR refit – regulation on financial instruments
• Revaluation of FX products – Mark-to-market
• Analysis of annual reporting disclosures
• IT solutions to manage FX risks and financial instruments Options and solutions
• Currency Management Automation – the next level – solutions
• Dynamic hedging strategy
• Feeding of systems and data for revaluation
• Trading FX platform, a standard best practice
• Ways to share ancillary business with banks
• KPI’s and means to assess performances
• Examples and exercises on financial instruments
• Examples of IT solution to (better) manage FX and other financial risks.

At the end of the training, the participants will receive a certificate of participation delivered by the House of Training.