Course Code: awarenessriskmgnt
Duration: 5 hours
Prerequisites:

Before delving into risk management for banks, individuals involved should have a solid understanding of various financial and banking concepts. 

  • Basic Banking Knowledge
  • Financial Literacy
  • Basics of Economics and Finance
Overview:

This condensed awareness session aims to provide a foundational understanding of risk management principles while allowing time for questions and discussions. It's important to tailor the content to the audience's level of familiarity with the topic and to create an engaging and interactive session within the limited timeframe.

Course Outline:

Session 1: Introduction to Risk Management in Banking (45 minutes)

Welcome and Overview

  • Introduction to the session and objectives

Importance of Risk Management in Banking

  • Brief overview of the significance of risk management
  • Examples of historical incidents in the banking sector due to inadequate risk management

Types of Risks in Banking

  • Concise explanation of credit, market, operational, liquidity, and compliance risks
  • Real-world examples of each type of risk

Session 2: Key Risk Management Principles (45 minutes)

Risk Identification and Assessment

  • Methods for identifying and assessing risks
  • Quick overview of risk appetite and tolerance

Regulatory Frameworks

  • Brief discussion on Basel III and its impact on risk management
  • Key regulatory compliance requirements

Break (15 minutes)

Session 3: Practical Approaches to Risk Management (60 minutes)

Credit Risk Management

  • Basics of credit risk assessment and mitigation
  • Overview of loan portfolio management

Operational Risk Management

  • Identifying and mitigating operational risks
  • Quick tips for cybersecurity risk management

Session 4: Risk Reporting and Next Steps (45 minutes)

Risk Reporting and Governance

  • Importance of robust risk reporting
  • Brief overview of risk governance

Next Steps for Participants

  • Encourage participants to apply key takeaways in their roles
  • Provide resources for further learning and support

Q&A and Closing Remarks (15 minutes)

  • Open the floor for questions and answers
  • Provide additional resources for participants to explore
  • Closing remarks and a call to action for proactive risk management