Training on Treasury and Cash Management

Training Objectives

This treasury and cash management training course aims to enable participants to achieve the following objectives:

• Appreciate the basic concepts of cash management in order to enhance organizational cash flows and maximize portfolio investment returns
• Discuss the various types of risks associated with global organizations, namely interest, exchange, credit and commodity pricing risks and identifying sources and methodologies of risk management in attending to these types of risks
• Examine the nature, risk and utilization of financial derivatives in addressing financial risks
• Improve financial management skills in terms of managing assets and liabilities liquidity issues
• Recognize the roles, responsibilities, tools and strategies associated with treasury management, including international best practices and procedures

Who Should Attend?

• Professionals directly responsible for treasury and cash management functions. Supervisory professionals responsible for monitoring financial risks, including liquidity, credit, interest rate or exchange rate risks
• Managers and financial decision makers, whose techniques for decision making and risk analysis will be improved upon by the tools, techniques, strategies and best practices offered by this programme
• Professionals directly responsible for the implementation and execution of financial decisions made by other organizational executives and senior managers, who will gain a new perspective and appreciation for corporate decision-making processes and thereby benefit from shared values within their organization
• Those professionals with an interest in finance or aspirations to enhance their careers in the field of finance

Course Outline

Day 1 : An Overview of Treasury Management

• Market volatility – establishing the need for effective treasury management
• The strategic role and scope of treasury management
• The role and functions of Asset and Liabilities Committee (“ALCO”) and other risk related committees
• Portfolio management, trading and settlement, including proprietary trading
• Establishing a treasury function along with developing a risk management strategy
• Regulation, including the international regulatory framework

Day 2 : Financial Management

• Corporate financial planning and engineering strategies and techniques
• Liability management strategies, objectives, tools and techniques
• Asset management strategies, objectives, tools and techniques
• Capital adequacy determinations
• Off-balance sheet activities and securitisations
• The role of securitisations in the post-banking crisis environment

Day 3 : Financial Derivatives

• An overview of financial derivatives
• Forward contracts and FRAs
• Options – Types, Tools, Strategies and Risks
• Swaps – a brief overview of how they work
• Types of Swaps – Currency and interest rate swaps
• Risks and Risk Management – the benefits and risks of using financial derivatives

Day 4 : Risk Management

• Market risk – Understanding the various market risks that exist
• Identifying and Managing Interest Rate Risk
• Exchange rate risk – differentiating between transaction risk and translation risk
• Credit risks – Measurement and management tools and techniques
• Operational risks – Understanding the scope of operational and other associated risks
• Other risks – Legal, reputation (corporate brand) and strategic risks

Day 5 : Cash Management Best Practices and Techniques

• Preparing and understanding cash flow statements and financial forecasts
• Analysing and evaluating financial statements, including the use of ratio analysis
• Liquidity management
• Transfer pricing policies, including effective documentation techniques
• Netting and pooling concepts – treasury and cash management within multinational organisations
• A summary overview of the concepts of investment risks and portfolio investment returns