SLG Advanced Risk Management | Risk Calculation 2022 - Vienna & Online | Schwabe, Ley & Greiner | 21 June 2022 | TBA , Vienna - Online

Exposure determination, risk calculation and strategy development with smart hedging.
Professional risk management is important and can be implemented for both large and medium-sized companies, regardless of their size. The seminar deals with how to determine the positions for financial risks and how to represent and interpret risks from them. The next step is to decide whether and how risks are to be hedged. Modern methods for “smart” and efficient security can be used. Meaningful reporting rounds off the risk management.

In the optional third module (half-day), risk calculation is handled in Excel.
Main topics:
Exposure:
• Which data in the company can be used to determine the exposure?
• Which positions (posted, IC etc.) are
• relevant for the exposure determination for currency and interest rate risk?
• How do price lists and project business affect risk exposure?
Measure:
• What methods can be used to measure risk?
• What can a sensitivity analysis do, and what is a value-at-risk?
• What is the difference between value-at-risk and cash-flow-at-risk?
• What is the point of a stress test and how can it be carried out?
Capacity:
• How can a risk capacity be derived?
• How can ratings and covenants be used as benchmarks?
• What is the difference between risk capacity and risk appetite?
Strategy:
• How do you get from risk appetite to strategy?
• How do you use diversification in determining the risk strategy?
• How do different backup strategies affect the risk?
• How can you optimize risks and secure them “smartly”?
Limits:
• What are position, loss and risk limits?
• How can different limits be set?
• How is the utilization of limits determined and how are realized and unrealized gains or losses taken into account?
Reporting:
• What content is necessary in a meaningful report?
• How can risk exposure and risk be presented?
• What conclusions can be drawn from risk reports?
• How can treasury performance be measured?
Calculation in Excel:
• How do you calculate volatilities and correlations from market data?
• How do you determine a value and cash flow at risk?
• How is a component VaR calculated?

Group of participants:
Employees and managers who work in risk management or who are responsible for it and who want to acquire knowledge that goes beyond the basics, as well as corporate account managers from banks who want to get to know their customers' day-to-day business from their perspective.

Goals:
The participants go through the entire process of risk management based on the risk cycle: starting with the identification of the risks, followed by the methodology for risk calculation, on to the choice of a suitable strategy and the derivation of suitable limits to a meaningful report.

2022 Speaker

Bernhard Kastner
Manager, Schwabe, Ley & Greiner