Risk Management in Financial Markets

What is it about?

Financial markets provide buyers and sellers the means to trade financial instruments (including bonds, equities, international currencies, and derivatives), facilitate the interaction between those who need capital with those who have capital to invest, allow participants to transfer risk, generally through derivatives. Financial markets are complex ecosystems that reflect the repeated interaction of millions of people and institutions. As such they require institutional structures and market arrangements to shape the fairness, efficiency, transparency, and stability of the marketplace.

For a variety of reasons – interconnectedness, financial innovation, technological advancements in communications and computing power, synchronised behaviour of market participants – contemporary financial markets are increasingly complex. Managing risk in the face of heightened complexity will require the fundamental and time-honoured basics of developing, implementing, and maintaining highly disciplined risk management and corporate governance processes.

The objective of the workshop is to study financial markets from a risk management perspective and consider the nature of major risks, the context within which they appear, and the capacity of market participants and decision makers to manage them. Topics to be discussed include:

Overview of the global financial market ecosystem and the vital systems and infrastructures upon which economies depend
Nature, implications, and methods of controlling risks at systemic and institutional level. Particular attention will be given to counterparty credit risk, market risk, liquidity risk and operational risk. Operational resilience will be considered as will strategic and reputation risks.
Good practice risk management frameworks of various financial market participants encompassing risk philosophy, risk appetite, risk culture, risk policies and principles, risk management governance structure, roles, responsibilities and authority
The global and national regulatory framework governing the risk management of financial markets.

The workshop is at an intermediate-level and assumes some knowledge of financial markets and the financial sector

The workshop is aimed at the following learners, but not limited to:

Financial market participants such as traders, investors and investment advisors
Risk managers
Compliance officers
Board members
Regulators and supervisors

Outline

Financial markets in the context of the global financial system

Plumbing of the financial markets: market infrastructures and payment systems

Financial markets risk spectrum

Good practice systemic and institutional risk management frameworks

Nature, implications, and methods of controlling macro risks including

Systemic risk
Too big to fail
Interconnectedness
Procyclicality

Nature, implications, and methods of controlling meso and micro risks including

Credit and counterparty credit risk
Market risk
Liquidity risk
Operational risk
Business / strategic risk
Reputation risks

The global and national regulatory framework governing the risk management of financial markets

Ingrid Goodspeed

Ingrid Goodspeed has over 30 years banking and financial market experience in the areas of risk management, compliance, investment analysis, treasury, economic research, internal audit, information technology and management information. And 6 years in South Africa’s National Treasury as a financial sector policymaker.

Ingrid is a Chartered Director (SA) and has an LLB, MBL (cum laude), BCom Honours (Economics) and BCom (Economics and Accounting) degrees from the University of South Africa. She is Fellow of the South African Institute of Financial Markets (SAIFM) and has served as a Governor on the board of the SAIFM for more than 10 years.

Ingrid has been training part-time for several years. She lectured risk management for University of Johannesburg’s Programme in Advanced Banking Law; risk management, investment theory and anti-money laundering for the South African Reserve Bank College; risk management for GIBS Business School and business economics and strategic and financial decision-making for De Montfort University’s MBA qualification, where she was also an MBA dissertation supervisor.

Ingrid has published a number of books and articles.

Methodology

The workshop will be offered online whereby a delegate whose attendance has been confirmed in writing will receive by email –

a copy of the power point slides to be used in the workshop
a link to join the online workshop at the set time

CPD

CPD for FAIS purposes
This workshop provides verifiable CPD points in terms of the Determination of Fit and Proper Requirements for Financial Services Providers, BN 194 of 2017, provided that the content is appropriate for your role within the company. A certificate of attendance will be issued that could be submitted to your company’s compliance officer. The number of verifiable CPD hours will be up to 6 hours.

CPD for SAIFM members’ purposes
This workshop provides verifiable CPD points in terms of the CPD policy of SAIFM provided that the content is appropriate for your current or future role within the company. A certificate of attendance will be issued, which should be retained and submitted should you be selected for a SAIFM member CPD audit. The number of verifiable CPD hours will be up to 6 hours.

Enquiries

All bookings and enquiries can be directed to Melissa Joao: melissa@saifm.co.za / 011 802 4768

DATE 10 July 2025

TIME 09H00 – 15H30

COST
SAIFM Full members pay R5051.95 per person (Inc. VAT)
SAIFM Affiliate members pay R5531.50 per person (Inc. VAT)

KINDLY NOTE: Closing date for bookings and receipt of payment is 25 June 2025.

Please click here to view the workshop delegate terms and conditions.