By completing this course, you will understand:
- how to measure and manage different types of financial risks, including market, credit and operational risks, using both foundational and advanced risk assessment techniques
- the application of key risk models, such as Value at Risk (VaR), Expected Shortfall (ES) and Monte Carlo simulations, to predict and mitigate potential losses effectively
- the importance of understanding loss distribution, stress testing and scenario analysis in assessing risk exposure and ensuring financial stability
- the role of operational risk management, including identifying sources of risk, developing key risk indicators (KRIs) and implementing robust mitigation techniques
- how regulatory frameworks, such as Basel III, shape risk management practices and require organisations to allocate capital to address operational and financial risks.
