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Treasury Risk Management Workshop Training Course
This interactive and hands-on course takes you through case studies, practical exercises and group discussions where you’ll leave this course with practical skills in effectively managing your organisation’s treasury risks.
Treasury Risk Management Workshop Overview
This highly interactive and hands-on course will take you through case studies, practical exercises and group discussions where you’ll leave this course with practical skills in effectively managing your organisation’s treasury risks.
Have a question? Email us at:
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or call us at: (+852) 2273-4393Treasury Risk Management Workshop Agenda Highlights
DAY ONE- Measuring, reporting and managing market risks on interest rate exposures
- Review function of ALCO and role of treasury
- Review structure and major players in money markets
- Spot and forward yield curve analysis
- Calculate forward interest rates
- Define market risks in traditional forms of gapping
- Construct and analyze future cash flow reports containing mis-matched assets and liabilities
- Review "cost-to-close" methods
- Practice Problems: You will construct a forward yield curve, prepare a future cash flow report containing a series of MM trades and calculate profits/losses in both accrual and unrealized books.
- Review structure of derivatives markets and products
- Identify financial risks and more commonly used hedging techniques
- Review framework for setting corporate hedging policies
- Discuss structure of derivatives markets and products
- Interest rate risk management for debt portfolios using Libor forwards and IR swaps
- Identify and diagram interest rate risks in floating and fixed rate debt portfolios
- Price Libor forwards (FRA's) and IR swaps
- Graph and discuss combined pay-off profiles
- Compare advantages/disadvantages using FRA's vs. IR swaps for hedging purposes
- Calculate PV's for IR swap "unwinds"
- Group Exercises/Team Presentations: In teams, participants will analyze a series of debt exposures, structure appropriate hedges using forward contracts and present findings to class.
- Interest rate risk management for debt portfolios using options
- Review basic options terminology
- Discuss limitations in pricing options using binomial models
- Structure derivative solutions using single and combined option strategies (Caps, Floors and Collars)
- Discuss widely used options pricing methods and price sensitivities
- Define methods used for estimating volatility
- Compare advantages/disadvantages between hedging via IR swaps and options on interest rates
- Group Exercises/Class Presentations: Participants will analyze a series of debt exposures, structure appropriate hedges using options and compare findings to swap hedges.
- Interest rate risk management for investment portfolios using asset swaps, delayed-start swaps and basis swaps
- Graph and discusss price sensitivities in bond investments to changes in yields
- Compare mark-to-market gains/losses on bond portfolios vs. asset swap hedge positions
- Review interest rate exposures requiring cashflow structures and pricing of delayed-start swaps
- Structure and price basis swaps
- Group Exercises/Class Presentations: Participants will analyze a series of yield exposures, structure and price appropriate derivative solutions using forward contracts and present findings to class
- Interest rate risk management for investment portfolios using single and combined option strategies
- Structure, price and graph transformed exposures when combining long bond positions, IR swaps and options
- Measure and compare market risks in “layered” derivative solutions with underlying long bond positions
- Define commonly used methods for estimating volatility
- Group Exercises/Class Presentations: Participants will analyze a series of yield exposures, structure appropriate derivative solutions using a variety of option strategies and present findings to class.
- Measuring, reporting and managing market risks on currency exposures
- Structure and role of major players in foreign exchange markets
- Impact of key economic factors on foreign exchange rate levels and price trends
- Review pricing conventions and quotation systems
- Define net exchange position
- Review methods used to establish and implement “mark-to-market” process
- Practice Problems: Participants will be given a series of FX spot trades and MM transactions and will construct an Exchange Blotter and Liquidity Position Report and calculate both realized and unrealized profits/losses.
- Define structure and hedging mechanism for FX cross rates
- Calculate cross rates
- Review impact of cross rate trades on Exchange and Liquidity Blotter
- Demonstrate how market trades away price arbitrages
- Practice Problems: Participants will build a position around a series of cross rate exposures, create an Exchange and Liquidity Blotter and mark-to-market portfolio.
- Currency risk management using forward markets and products
- Discuss key elements in creating a forward FX market
- Review interest covered arbitrage hedging and pricing techniques
- Calculate no-arbitrage break even forward FX rates
- Practice Problems: Given a series of FX forward trades and corresponding cash flow balancing techniques, participants will construct an Exchange Blotter and Future Cash Flow Report and calculate realized/unrealized profits/losses.
- Structure and price appropriate hedges using forward outrights and NDF’s
- Graph and explain how underlying currency exposure is transformed when combined with derivatives solutions
- Group Exercises/Class Presentations: In teams, participants will identify, structure and price currency hedges using forward contracts.
- Currency risk management using options on foreign exchange rates
- Structure hedges using single and combined options trategues on FX rates
- Graph pay-off profiles on FX options when combined with underlying currency exposures
- Compare advantages/disadvantages between hedging through use of currency forwards vs. options on FX rates
- Group Exercises/Class Presentation: In teams, participants will identify, structure and price currency hedges using single and combination option strategies.
What do recent delegates say about this course?
"It is a thorough, clearly explained and energetic instructor. The instructor's background has contributed a "real-life" examples of the training materials." - M.D., Asuransi Cigna, Indonesia
"Very well prepared speaker who had deep knowledge of the subject...Excellent course with excellent arrangements." - A.M., Mashreqbank, UAE
Who should attend
- Bank & Financial Institution treasury staff
- Corporate treasury professionals
- Treasury dealers and traders
- Risk professionals
- Finance professionals
- ALCO staff
Have a question? Email us at:
or call us at: (+852) 2273-4393What do you get from Ethan Hathaway courses?
- Practical. Learn from experienced and active industry practitioners and what's being practiced by your peers.
- Applicable. Apply what you learn in your job and your career
- Specially designed courses by industry active experts for industry practitioners
- Valuable. Earn more revenue or save your organisation from monetary loss. You and your organisation will quickly earn back your investment on the course fee and more
- Enjoyable. Speakers who have a passion for their topic
- Clear. Turning complex concepts into easy to understand concepts
You gain knowledge and skills that make you valuable to your company and your career 
Instruction by industry experts 
Course notes and reference materials package
Daily lunch, snacks and refreshments
Certificate of completion
Meeting your industry peers
Ask questions relevant to your job
Limited seats - each session is limited to between 18-25 seats - Much, much more
Download the course brochure to learn more
Your course instructor
Janet Wilson: Janet G. Wilson is Founder and Managing Director of a US based consultancy. Prior to founding the firm, Janet spent 15 years with Citibank performing various treasury functions as well as developing and delivering training. Ms. Wilson managed a Foreign Exchange and Interest Rate Products Team in Texas and Mexico, where she was responsible for all phases of product risk assessment and documentation, marketing, training, distribution, and trading the bank's position. In her capacity as Director for Citibank's North American Investment Bank Training Center, Ms. Wilson developed and delivered their financial markets training curriculum for New York and Latin America. She received her BA, Magna Cum Laude, from the University of St. Thomas in Houston, Texas. Janet is fluent and teaches in Spanish in addition to English.
Dates & Locations & Fees
| Date | Location | Venue | Course Fee | Early Bird Fee | Register |
|---|---|---|---|---|---|
| 4 Aug - 6 Aug, 2010 | HK, Hong Kong | Marco Polo Prince Hotel | US$4598 | See Brochure |  |
| 1 Nov - 3 Nov, 2010 | SG, Singapore | Marina Mandarin Hotel | US$4598 | See Brochure | |
Early Birds Save Up To 30% Off the Regular Fee, download the brochure to learn more
Limited seats - Email us: for availability.
* Venue, dates, course fees, promotions, course content, course instructor are all subject to change
Can't find a session in a city near you?
If there's no session scheduled in a city near you, you have the following options:
- In-house training: If you have a group of 8 or more, consider having us run this course in-house for you
- Co-sponsored training: Between 5-7 people, consider a co-sponsored course - you agree to send this set number of people to the course if we run it in a city near you and Ethan Hathaway sells the remaining seats to other companies
- Distance learning: Less than 5 people, consider distance training format: live trainer presents over phone lines/web at pre-scheduled times (available only for select courses)
- Just tell us where you want the course: Let us know which city you'd like us to run this course in - we'll plan it if there's enough demand
Email us at: for more information regarding the above options.
Register for the course
You may book your place on the course by any of these methods:
- Online booking - simply click on the "Register Me" button next to the course date you wish to register and it will take you through our quick online registration procedure.
- Email us at: - please include your full contact details.
- Fax us the booking form (included in the brochure) to: +852 3014-0721
- Or call: +852 2273-4393 during normal office hours
Related Courses
- Foreign Exchange Risk Management Workshop
- Asset & Liability Management and Capital Adequacy Planning
- Market Risk Management Workshop
- Treasury Management School - Singapore, Hong Kong & Kuala Lumpur
- Derivatives School: Pricing & Trading - UK
- Derivatives Strategies: Instruments & Practical Solutions - Asia
- Treasury Management - UK, Europe & Dubai
- Interest Rate & Foreign Exchange Currency Exposure Management
- Introduction to Financial Markets
Learn more about this course
Inside the course information booklet you'll find:
- Detailed course agenda of what you'll learn
- Eligible discounts
- Our course quality guarantee
- Course expert biography
- Course venue details
- Cancellation & refund policies
- Course registration form
- Printer-friendly PDF
- Small file size for fast & easy download
- Easy to share with colleagues & friends
Complete the details to the right and click on "Send me the booklet" to have the course booklet emailed to you immediately.
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