Financial Risk Management

Stay at the forefront of global best practices. Our courses are aligned with the gold-standard Financial Risk Manager (FRM®) designation from GARP.

Financial Risk Management

At SustainaRisk Analytics Ltd, we are committed to staying at the forefront of global best practices in financial risk management. To ensure our learners receive world-class training, our courses are aligned with the content of the gold-standard Financial Risk Manager (FRM®) designation, offered by the Global Association of Risk Professionals (GARP).

This alignment guarantees that participants gain the latest knowledge, skills, and practical insights in areas such as credit, market, operational, and liquidity risk, preparing them to meet both industry demands and international regulatory expectations.

By learning with us, professionals not only build strong technical competence but also position themselves competitively in the global financial services industry.

Notice: Every organization is unique. We give you the flexibility to customize courses so they speak directly to your goals and challenges.

Aligned with GARP FRM®

Curriculum benchmarked to the global gold standard for risk professionals.

Practitioner-led

Delivered by FRM- and SCR-certified experts with consulting and academic experience.

Hands-on

Real datasets, case studies, simulations, and applied projects.

Flexible delivery

Executive workshops, in-house corporate training, or open enrollment.

Programs

Program 1 — Foundations of Risk Management

Building the knowledge base for tomorrow’s risk leaders. Blends theory, real-world applications, and case studies. Duration: 5 days (in-person or virtual).

The Building Blocks of Risk Management
Core concepts of risk and return; financial and non-financial risk; downside vs. upside risk
How Do Firms Manage Financial Risk?
Mitigation strategies; hedging, diversification, and insurance
The Governance of Risk Management
ISO 31000, COSO, Basel; board and senior management responsibilities
Credit Risk Transfer Mechanisms
Securitization, credit derivatives, credit insurance; lessons from 2008
Modern Portfolio Theory and CAPM
Risk-return trade-offs; beta; systematic vs. unsystematic risk
APT and Multifactor Models
Factor-based risk modelling; asset pricing and portfolio risk
Effective Data Aggregation and Risk Reporting
BCBS 239; dashboards and BI tools
ERM and Future Trends
Integrating ERM into strategy; climate, cyber, geopolitical, fintech risks
Learning from Financial Disasters
Barings, Enron, Lehman Brothers: risk culture lessons

Program 2 — Financial Markets and Products

Foundational and advanced expertise in the instruments and institutions that drive financial markets, with emphasis on risk management and value creation.

Level I – Foundations of Financial Products
Banks, insurance, pensions, fund management, derivatives intro, futures hedging, FX markets, forwards/futures pricing, commodity forwards/futures
Level II – Advanced Financial Products
Options markets and properties; trading strategies; exotic options and structured products; interest rates and yield curves; corporate bonds and credit risk; MBS; interest rate futures; swaps

Program 3 — Quantitative Analysis for Risk Management

Hands-on probability, statistics, regression, time series, simulation, and machine learning applied to real-world risk scenarios.

Foundations of Probability & Statistics
Bayesian Analysis & Statistical Inference
Regression Analysis
Time Series & Forecasting
Simulation & Stress Testing
Machine Learning for Risk Analytics

Program 4 — Valuation and Risk Models – Foundations (Level I)

Introduction to tools for measuring and responding to credit, market, operational, and sovereign risk. Aligned with GARP FRM®.

Measures of Financial Risk
VaR, Expected Shortfall, coherent risk measures
Applying VaR
Linear vs. nonlinear portfolios; Monte Carlo
Volatility Measurement
GARCH, implied volatility, correlation
Credit Ratings & Country Risk
Credit Risk Measurement
Default probabilities and exposures
Operational Risk
Basel standards, loss distribution, insurance
Stress Testing
Scenario design, reverse stress testing, Basel principles

Program 5 — Valuation and Risk Models – Intermediate (Level II)

Deeper fixed income, interest rate dynamics, and option pricing for banks, pension funds, regulators, and investment firms.

Pricing and Arbitrage
T-bills, bonds, STRIPS, discounting
Interest Rates
Spot, forward, par rates; yield curves; swaps
Bond Yields and Returns
YTM, spreads, carry and roll-down
Duration and Convexity
DV01 and risk applications
Non-Parallel Term Structure Shifts
Advanced hedging
Binomial Trees
Fixed income and options valuation
Black-Scholes-Merton & Option Greeks
Delta, Gamma, Vega, Theta

Program 6 — Market Risk Measurement and Management (Advanced)

Cutting-edge tools to measure, model, and manage market risk. Aligned with FRM/GARP and Basel III/FRTB.

Market Risk Measures and Applications
VaR estimation, mapping, backtesting
Advanced Risk Measures
ES, coherent measures, EVT
Dependence and Correlation Structures
Correlations and copulas
Interest Rate and Volatility Models
Term structure; smiles, skews
Regulatory and Strategic Applications
Basel III; FRTB

Program 7 — Credit Risk Measurement and Management (Advanced)

Quantitative tools, structured finance insights, and regulatory perspectives to measure, price, and manage credit risk.

Foundations of Credit Risk — Credit analysis; default risk and ratings
Credit analysis; default risk and ratings
Quantitative Tools
Expected/unexpected loss; Credit VaR; stress testing
Counterparty Risk Management
EAD; mitigating CCR in derivatives
Credit Derivatives
CDS; hedging and structured products
Structured Finance & Securitization
CDOs, ABS, risk transfer

Program 8 — Operational Risk and Resilience (Advanced)

Identify, measure, mitigate, and report operational risks while embedding resilience—aligned with FRM/GARP and Basel.

Foundations of Operational Risk
Governance; identification, classification, reporting
Measuring and Mitigating Operational Risk
Loss data, scenarios, KRIs
Emerging Risks and Resilience
Cyber, financial crime/AML, third-party risk
Advanced Risk Applications
Model risk; stress testing; Basel capital approaches
Strategic Integration
RAROC, economic capital, embedding resilience in ERM

Program 9 — Liquidity and Treasury Risk Measurement and Management (Advanced)

Practical tools, stress testing, and balance sheet strategies aligned with Basel III/IV (LCR, NSFR) and FRM/GARP.

Principles of Liquidity Risk
LCR, NSFR; monitoring and reporting
Liquidity Stress Testing
Cash-flow modeling; stress frameworks
Treasury Risk and Funding Models
Contingency funding; FTP
Cross-Currency and Balance Sheet Risks
ALM; asset liquidity under stress

Program 10 — Risk Management and Investment Management (Advanced)

Data-driven tools to measure and manage risks in investment portfolios—factor theory, construction, performance, and risk budgeting.

Financial Risk Management