Banks and Bank Risks

What is it about?

Banks play a critical role in the national economies of most countries including South Africa and sound banking systems are a crucial element of domestic and global financial stability. An inherent element of banking is risk taking, in fact it is said that risk is the business of banks. However excessive, poorly managed risk can lead to losses and endanger the safety of depositors’ funds.

The workshop will explain the role of banks in the economy and the functions performed by them as well as describe the main risks that banks face namely capital risk, credit risk, market risk, liquidity risk, operational risk and strategic/business risk. The workshop will analyse how these risks are incurred and best practice ways of managing them.

Prerequisite knowledge:
The course is an introductory course that will assume limited knowledge of banks and banking risks.However some knowledge of banking and their products is assumed.

Outline

The role and function of banks

Banks as managers of risk

Best practice risk management framework

Risk philosophy
Risk appetite
Risk culture
Risk policies and principles
Risk management governance structure
Roles, responsibilities and authority
Staff and other resources

Nature of, implications of and methods of controlling:

Capital risk
Credit risk
Market risk
Liquidity risk
Operational risk
Strategic/business risk (including reputation risk)
Country and political risk

Interrelationship between risks

Market discipline and disclosure of risks

Supervision of risks

Ingrid Goodspeed

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

Ingrid is currently a freelance financial sector analyst focussing on governance, risk and financial technology. Before that she was with National Treasury, Nedbank, Deloitte, Teba Bank (now Ubank), Absa Securities and Absa Capital. She was a COBOL and Assembler programmer and spent 8 years in the information technology division of a large bank.

Ingrid is a Chartered Director (SA) and Fellow of the South African Institute of Financial Markets (SAIFM). She holds an MBL (cum laude), a BCom Honours (Economics) and an LLB from Unisa.

She serves on a number of boards and trusts including the SAIFM, the Payments Association of South Africa, ASISA Enterprise and Supplier Development (Pty) Ltd, ASISA Foundation and Momentum Metropolitan ESD Fund.

Ingrid has published a number of books and articles.

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.

Bookings and Enquiries

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

DATE 8 February 2024

TIME 09h00 – 15H30

COST
SAIFM Full members pay R4784.00 per person (Inc. VAT)
SAIFM Affiliate members pay R5238.25 per person (Inc. VAT)

KINDLY NOTE: Closing date for bookings and receipt of payment is 19 January 2024.

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