19Oct
Pretoria, South Africa
GC-FN-305
Guaranteed to run
19–30 Oct 2026 · 10 days
USD 3,000per participant · 10 days
Reserve a seat
GC-FN-305 · Advanced course
Financial Risk Management
A 10-day financial risk management course on identifying, measuring and controlling credit, market, liquidity and operational risk in organisations.
10 days (2 weeks)
Classroom, online or in-house
QR-verified certificate
Next intake 19 Oct 2026
Course overview
Currency shocks, rising interest rates, borrower defaults and operational failures have tested financial institutions and companies across the region. Organisations that understand and manage these risks systematically are better placed to protect value and seize opportunities. This financial risk management course gives finance and risk professionals a thorough grounding in the frameworks and tools of the discipline.
The first week covers foundations and the main risk types: risk governance and frameworks such as ISO 31000, risk appetite, credit risk assessment and portfolio management, market risk including currency, interest rate and commodity risk, and liquidity risk. The second week addresses measurement and control: value at risk and its limits, stress testing and scenario analysis, operational risk, hedging with derivatives, regulatory capital, and risk reporting to boards. Lessons from corporate failures and banking crises are used to show how risk management breaks down. Practical exercises in Excel run throughout.
Participants leave able to identify, measure and manage financial risks and to communicate them clearly to decision-makers.
What you will be able to do
- Apply recognised risk management frameworks and governance
- Set risk appetite and link it to limits
- Assess and manage credit risk at transaction and portfolio level
- Measure market risk from currency, interest rate and commodity exposures
- Measure and manage liquidity risk
- Apply value at risk, stress testing and scenario analysis
- Identify and control operational risks
- Report financial risk clearly to boards and regulators
Who should attend
For risk, finance and treasury professionals in banks, insurers, pension schemes, companies and public bodies. A finance background is expected.
- Risk managers
- Finance managers
- Treasury officers
- Credit risk analysts
- Internal auditors
- Bank and insurance supervisors
- Pension fund officers
- Chief finance officers
Course outline
Week 1
Day 1Risk Management Foundations
Topics
- Nature of financial risk
- Risk management process
- ISO 31000 principles
- Lessons from corporate failures
- Risk and return
- Risk culture
Practical exerciseAnalysing a corporate failure and identifying risk management gaps.
Day 2Governance and Risk Appetite
Topics
- Board and committee roles
- Risk function
- Three lines model
- Risk appetite statements
- Limits frameworks
- Risk policies
Practical exerciseDrafting a risk appetite statement for a mid-sized lender.
Day 3Credit Risk
Topics
- Credit assessment
- Probability of default and loss given default
- Credit scoring
- Collateral and guarantees
- Portfolio concentration
- Expected credit loss basics
Practical exerciseAssessing credit risk in a corporate loan portfolio.
Day 4Market Risk
Topics
- Foreign exchange risk
- Interest rate risk
- Equity and commodity risk
- Sensitivity measures
- Duration
- Market risk limits
Practical exerciseMeasuring currency and interest rate exposures for a company.
Day 5Liquidity Risk
Topics
- Funding and market liquidity
- Cash flow gaps
- Liquidity ratios
- Concentration of funding
- Liquidity stress
- Contingency planning
Practical exerciseBuilding a liquidity gap report and identifying weaknesses.
Week 2
Day 6Value at Risk and Stress Testing
Topics
- Value at risk methods
- Limits of VaR
- Stress testing design
- Scenario analysis
- Reverse stress testing
- Using results in decisions
Practical exerciseCalculating VaR and stress results for a small portfolio.
Day 7Operational Risk
Topics
- Operational risk categories
- Risk and control self-assessment
- Key risk indicators
- Loss event data
- Fraud risk
- Business continuity
Practical exerciseRunning a risk and control self-assessment workshop.
Day 8Hedging and Derivatives
Topics
- Forwards and futures
- Swaps
- Options basics
- Hedging strategies
- Hedge effectiveness
- Derivative risks
Practical exerciseDesigning a hedging strategy for a currency exposure.
Day 9Regulation, Capital and Controls
Topics
- Regulatory capital concepts
- Basel principles
- Insurance and pension rules
- Internal controls
- Internal audit role
- Model risk
Practical exerciseAssessing capital adequacy for a model bank.
Day 10Risk Reporting and Integration
Topics
- Risk dashboards
- Board risk reports
- Integrating risk into strategy
- Communicating uncertainty
- Emerging risks
- Course synthesis
CapstonePresenting an integrated financial risk report to a mock board risk committee.
Course outcome
Participants leave able to manage financial risks systematically and report them clearly to boards and regulators.
Dates & fees
Full training calendarFees are per participant in US dollars and cover tuition, course materials and your certificate. Travel and accommodation are not included.
02Nov
Mombasa, Kenya
GC-FN-305
Guaranteed to run
2–13 Nov 2026 · 10 days
USD 3,000per participant · 10 days
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16Nov
Kampala, Uganda
GC-FN-305
Guaranteed to run
16–27 Nov 2026 · 10 days
USD 3,000per participant · 10 days
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30Nov
Lusaka, Zambia
GC-FN-305
Guaranteed to run
30 Nov – 11 Dec 2026 · 10 days
USD 3,000per participant · 10 days
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14Dec
Mombasa, Kenya
GC-FN-305
Guaranteed to run
14–25 Dec 2026 · 10 days
USD 3,000per participant · 10 days
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28Dec
Kampala, Uganda
GC-FN-305
Guaranteed to run
28 Dec 2026 – 8 Jan 2027 · 10 days
USD 3,000per participant · 10 days
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11Jan
Dar es Salaam, Tanzania
GC-FN-305
Guaranteed to run
11–22 Jan 2027 · 10 days
USD 3,000per participant · 10 days
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25Jan
Lusaka, Zambia
GC-FN-305
Guaranteed to run
25 Jan – 5 Feb 2027 · 10 days
USD 3,000per participant · 10 days
Reserve a seat
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