FRM Training Program: The Governance of Risk Management & Credit Risk Transfer Mechanisms
Place:
UCG Office Frankfurt, Germany
Date:
29. January 2026 : 18:30 - 20:30
This session examines the post-crisis evolution of risk governance structures and delves into the instruments and mechanisms used for transferring credit risk.
Participants will explore the regulatory changes following the 2007-2009 crisis, best practices for corporate governance, and the specific roles of the board and audit committees. The training also covers credit derivatives, securitization processes, and the associated risks and business models.
Learning Objectives:
- Analyze the regulatory and corporate governance changes resulting from the 2007-2009 financial crisis.
- Describe best practices for governing a firm's risk management processes.
- Define the risk management roles and responsibilities of the board of directors.
- Evaluate the relationship between risk appetite, business strategy, and incentive structures.
- Illustrate the interdependence of functional units regarding risk management.
- Assess the roles and responsibilities of the audit committee.
- Compare various credit derivatives, detailing their applications and advantages.
- Explain traditional approaches and mechanisms for credit risk mitigation.
- Evaluate the role of credit derivatives in the 2007-2009 crisis and the subsequent market evolution.
- Explain the securitization process and Special Purpose Vehicles (SPVs), assessing the risks of associated banking business models.