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Treasury: Managing Financial Risk

Gain crucial risk management skills to help lower financial risks, protect your organisation, and ensure its future success with this online course from the Association of Corporate Treasurers.

Duration

4 weeks

Weekly study

4 hours

100% online

How it works

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Unpack and manage financial risk with the Association of Corporate Treasurers.

Risk management is one of the most important areas of responsibility for treasury professionals. It can help you mitigate money-related risks to better protect your organisation’s finances and ensure its operations can continue.

On this four-week course, you’ll master the principles of risk management including identifying, assessing, and managing treasury risks.

The content is written by experienced treasury experts, who work for the Association of Corporate Treasurers, the only global professional body supporting the treasury community.

By the end, you’ll have the skills to deal with challenges you might face in risk management as a treasury professional.

Understand how to use a risk management framework

You’ll learn key techniques to identify and calculate risk using a risk management framework.

Understanding how to classify risks by type, you’ll be able to conduct an in-depth risk assessment and evaluation to reduce your organisation’s exposure to potential risks.

Learn how to conduct a risk response

Once you have identified a risk, you need to understand the appropriate response to help prevent damage.

You’ll learn the process of risk response and techniques such as hedging to control and mitigate the risks you identify.

Gain an understanding of risk reporting

Finally, you’ll examine the importance of risk reporting, both within treasury and the organisation as a whole. This will help you take a proactive risk management approach to further benefit your organisation.

Guided by the experts at the Association of Corporate Treasurers, you’ll finish the course with a solid understanding of financial risk management to help better protect your organisation from financial loss.

Week 1
Introduction to financial risk
- Introduction to Week 1
  In Activity 1, we introduce you to the course, the ACT and look at what you can expect in Week 1.
- Risk and uncertainty
  In Activity 2, you will get an opportunity to listen to an audio intrducing you to financial risk, check your understanding with a quiz and then move on to risk and uncertainty and the expected return and cost of risk.
- Risk appetite
  Activity 3 will look at risk appetite and give you a chance to determine your own risk appetite in a discussion. You will then watch a video on investor risk appetite and check your understanding.
- End of Week 1 summary and review
  In the final activity of the week, you will check your understanding of risk, listen to a treasury specialist on their career in treasury and review what you have gone through in the week.
Week 2
Identifying, assessing and calculating risk
- Introduction to Week 2
  In this activity, you will be introduced to the weeks steps, which will focus on the concept of risk management frameworks.
- Risk management framework
  We will now look at the ACT risk management framework, identifying and classifying risks and risk interactions.
- Risk assessment and risk maps
  We continue to consider risk classification, but then also introduce you to risk assessment. You will then listen to a video around risk maps followed by a chance to check your understanding.
- Risk evaluation and black swans
  In the final activity of the week, you will be introduced to risk evaluation and black swans. You then have a chance to contribute to a discussion and check your understanding of risk, concluding with some words of wisdom!
Week 3
Fundamentals of managing and calculating risk
- Introduction to Week 3
  This activity will introduce you to Week 3, and you will be able to share your understanding of managing and calculating risk. The activity will end by looking at risk responses.
- Hedging
  This activity will focus on hedging. Is this to do with gardening you might wonder? Well, no of course, but it is a useful practice that every investor should be aware of! This activity will help demystify hedging for you!
- Other hedging techniques
  In this activity you will learn about other hedging techniques and share your thoughts and learning in a discussion with other learners.
- End of Week 3 review
  In this activity we will look back at the week and what you have covered, check your knowledge and how it might have changed from Activity 1 and conclude with some practical advice.
Week 4
Risk reporting
- Introduction to Week 4
  This activity starts to look at the vital area of risk reporting which is the final, but perhaps the most important, part of the process.
- Key performance indicators (KPIs)
  KPIs are key for most people working in any sector. This activity will look specifically at KPIs and their link to risk reporting, give you an opportunity to check your knowledge with a quiz and contribute to a discussion.
- International accounting standards
  Everyone needs to be held to standards in the work place! Treasurers are no exception. In this activity you will be introduce to international accounting standards and the main goals of IFRS.
- End of Week 4 review and final assessment
  In the final activity of the course, you will take a look at risk reporting structures. You have the chance to take your final assessment and hear more about your next steps and opportunities once you have completed the course!