The Treasury & Risk Management function is essential to the success and sustainability of all leading corporate organizations. Never has this been more true, given the ever-increasing pace of change in regulation, compliance, technology and financial risk.

Treasury Management ensures sufficient liquidity to meet obligations, whilst managing payments, receipts and financial risks such as Credit Risk, Oil Price, Exchange Rate and Interest Rate Risk effectively. In addition, effective Treasury & Risk Management will enable companies to make informed and better strategic decisions, providing the analysis, finance and risk assessment.

The aim of this Treasury & Risk Management training course is to provide participants with the knowledge and skills to make an effective contribution to the Treasury & Risk Management function.

This training course will highlight:

• The Role of Scope of Treasury & Risk Management
• Methods to ensure, liquidity, improved investment returns and smooth cash operations
• The latest international tools and techniques to enable you to identify, measure and manage risk effectively
• Capital Investment Techniques and Methods of Finance to support Strategic Objectives
• The features and benefits of derivatives as risk management tools

What are the Goals?

• Manage Cash, Liquidity & Working Capital to reduce finance costs and improve returns
• Recommend appropriate Methods of Short-term and Long-term Finance
• Determine and implement the company’s Risk Management Strategy
• Evaluate Capital Investment Opportunities
• Recommend Hedging and Risk Management Decisions

Who is this Training Course for?

• Professionals working in Treasury & Risk Management
• Professionals acting upon the financial decisions of others
• Professionals with an interest in finance and the latest market developments
• Managers and those with financial responsibilities
• Financial Decision-makers

Course Outline

Day One: The Role of Treasury Management

• The Role & Scope of Treasury Management
• Operation & Location of a Treasury Department
• Cash & Liquidity Management
• Working Capital Management
• Capital / Finance Management
• Risk Management

Day Two: Cash & Liquidity Management – A Detailed Analysis

• Cash Forecasts: Role & Preparation
• Investment of Cash Surpluses to Maximize Return
• Meeting Cash Calls and Short-Term Cash Shortages / Short Term Finance
• Working Capital Management – Determining the Optimum Level
• Multi-national & Group Cash Management
• Cash Budgets: Process & Control

Day Three: Financing and Capital Management

• Strategic Objectives: Consolidation, Growth, M & A
• Financing Strategic Objectives / Long Term Finance
• Optimizing the Capital Structure to Minimize the Cost of Capital (WACC)
• The Capital Asset Pricing Model (CAPM)
• Capital Investment Appraisal – NPV; IRR, Payback
• Capital Rationing: Internal & External

Day Four: Risk Management

• Identifying Risks and Uncertainties
• Measuring Risk – Volatility; Variance; Standard Deviation; Probability; Value at Risk
• Determining the Risk Management Strategy
• The 4 T’s – Tolerate; Terminate; Transfer; Treat
• Internal Controls & Internal Auditing
• Credit & Counterparty Risk Management

Day Five: Currency, Interest Rate & Commodity (Oil Price) Risk Management

• Forward Contracts and Forward Rate Agreements
• Options – Calls & Puts; European & American
• Futures – Market Correlation; Margin Payments, etc.
• Swaps – Currency & Interest Rate Risk and Benefits
• Foreign Currency Accounts; Other Internal Methods / Tactics
• Foreign Currency Borrowing