This interactive workshop course is apt for participants already engaged in or in support of liquidity risk management, either within a given enterprise or from the outside. It builds an invaluable case for addressing liquidity risk, something which was taken "for granted" especially in the financial marketplace for a long time until the arrival of the global financial crisis. Taking into account increasing business complexities, the advancement of technologies in fund flow measurement/payment processes, this is a timely workshop to keep abreast of latest market happenings and risk management techniques in addressing liquidity risk

Overview

Liquidity Risk was taken as a non-event prior the crisis but since then, assumed front seat in the risk management space. The UK Turner Review (Mar 2009) sets the tone for the need to manage liquidity risk in the banking world. The crisis also brings forth the importance of liquidity (both market and cash flow) for the non financial institution. This one-day orientation workshop initiates and fortifies the finance and audit professional, from both financial and non financial institutions, in the fundamental issues and challenges in liquidity risk management. Set against the backdrop of the global financial crisis and continual liquidity squeezes/traps and taking into account the evolving demands from Basel III and other regulatory challenges and industry best practices, the interactive session serves a timely catch-up on the subject that plagues every corporation and enables the participant to pick up useful know-how in cash flow and market liquidity management. Intended to be edu-training, it addresses the liquidity risk management practice with less quan-toxication, more qualitative rationalization and uses a palatable lay and case-based approach to an otherwise heavily technical subject

Upon completion of course, participants will be able to:

have a proper understanding of the different forms of liquidity risks
appreciate the impact liquidity risks have on financial and non financial corporations
develop sound principles in measuring and managing liquidity risk drawing guidance from,interalia, BIS, FSA and MAS
recognize the challenges posed in the process of managing liquidity risks
draw lessons from the Global Financial Crisis (GFC) including the Asset Backed Commercial Paper (ABCP) shutdown and the "buck-breaking" episode in the US funds world

Who should attend

All individuals who play a role in managing liquidity risk. These include

those serving on the board of directors
senior executive roles such as CEOs, CFOs, controllers, treasury managers and chief auditexecutives
other corporate executives and officers supporting the liquidity risk management machinery inthe organization
technological and other external vendors supporting the liquidity risk management function

Methodology

Non-theoretical methodology which includes interactive discussions, case studies, interactive games and assignments to understand the concepts and their applicability.

Trainer

All our trainers are carefully chosen by us and possess a rich and vast experience in the financial sector. This course will be conducted by a renowned consultant having more than 35 years of experience in financial markets and training. Until recently, he served for many years as the Regional Director Singapore chapter and Global Board of the Professional Risk Managers International Association.

Course Content

Module – 1

The 5 Ws of Risk Management

What is Risk Management?
Why Risk Management?
When is Risk Management required?
Where is Risk Management conducted?
Who are involved in Risk Management?
Exploring the Liquidity Word Cloud -what liquidity risk management entails
Addressing the different forms ofLiquidity Risk
Why Liquidity = Lifeblood?
What drives Liquidity Risk?
What managing liquidity is NOT?

Module – 2

Corporate Liquidity Management and the inter-connectivity with those in financial institutions and Digital Disruption

What's in Corporate LiquidityManagement?
The Treasury and Corporate Liquidity
The new Liquidity Landscape - challengesand opportunities
Digital Transformation and Liquidity RiskManagement - Virtual Ledgers andArtificial Intelligence
Forms of Liquidity and the optimal levelof Cash
Corporate Liquidity and Banks - formingan interacted eco-system

Module – 3

Liquidity - the GFC Awakening

Reflections from the GFC - whateverhappened at Northern Rock, Lehman,Merrill, Bear Stearns, securitization, CPdrought.
At Ground Zero of the GFC - the SilentMover called Repo
Lessons for all - banks, supervisors and corporate
The Liquidity framework under Basel
Bail-Ins and a Look of re-hypothecation

Module – 4

Sound Practices of Liquidity Risk Management - Guidance from the regulators and industry bodies

Liquidity Management - science or art?
Ingredients of a sound Liquidity RiskManagement Framework
The Musts in Funding Risk Management
The 7 sins - shortcomings in liquidity riskmanagement
Addressing intra-day liquidity riskmanagement
Risk appetite, early warning indicatorsand managing collateral

Module – 5

Liquidity Metrics - Numbers that tell and don’t-tell

From a Pillar to 2 Ratios - Basel instructson liquidity risk measurement
the workings of Liquidity Coverage Ratio(LCR) and Net Stable Funding Ratio(NSFR)
Other liquidity risk measures
How much liquidity is enough?
Liquidity Adjusted Value at Risk

Module – 6

Contingency Funding Plan and Challenges in Liquidity Stress Testing

Beyond Business As Usual (BAU)
Addressing a bank's worse nightmare
The importance and elements in Liquiditystress testing
Inside the Contingency Funding Plan

If you need further information, please visit www.riverstonetraining.com.sg or send mail at info@riverstonetraining.com.sg

Riverstone – Corporate Training https://www.riverstonetraining.com.sg

Effective Liquidity Risk Management