FRM Training Program: The Building Blocks of Risk Management
Place:
UCG Office Frankfurt, Germany
Date:
15. January 2026 : 18:00 - 20:00
This training session focuses on the fundamental concepts of risk management, exploring the balance between risk-taking and risk management within financial organizations.
Participants will gain a solid understanding of how to identify, measure, and manage various forms of risk. The session covers the distinction between risk management and risk taking, the tools used for assessment, and the interaction between different risk factors.
Learning Objectives:
- Define the concept of risk and distinguish between risk management and risk-taking.
- Evaluate and apply risk measurement and management tools, including quantitative metrics, qualitative assessments, and enterprise risk management frameworks.
- Differentiate between expected and unexpected loss, providing practical examples for each.
- Analyze the risk-reward relationship and explain how conflicts of interest influence risk management practices.
- Categorize key risk classes, explaining their origins and assessing their potential organizational impact.
- Explain the interaction between risk factors and the challenges associated with aggregating risk exposures.
- Compare risk management strategies and identify appropriate scenarios for their implementation.
- Clarify the relationship between organizational risk appetite and strategic risk management decisions.
- Evaluate the pros and cons of hedging risk exposures and discuss the challenges of implementing hedging strategies.
- Apply appropriate hedging methods for operational and financial risks, including pricing, foreign currency, and interest rate risks.
- Assess the effectiveness of risk management tools and instruments, such as risk limits and derivatives.