About the Course
GCC countries have specific issues relating to risk management which are largely based on the social and business culture, and local dynamics. These include, amongst others, an absence of credit history, data issues, and an absence in articulating relevant stress tests. This poses a challenge in modelling ICAAP. With Basel III focusing on liquidity and the Pillar 2 under Basel II focusing on capital, there is certainly a gap in terms of business and capital plans when preparing ICAAP reports. Furthermore, the local dynamics are required to be factored in while preparing stress test scenarios in ICAAP models.
This course systematically answers these key issues. Starting from uninformed top to floating knowledge base, data to PD definitions, business and capital plans, stress tests to liquidity issues, all key issues are covered in this compact two day course in workshop mode. Participants are first prepared from a theoretical perspective on ICAAP, covering relevant portions of Basel II and Basel III. A specific session on data management is expected to help participants build an understanding of data issues. An important stream of the program is on know-how retention, thus making the organization independent of individuals and also self-supporting in the future. Specific stress tests and business scenarios, as applicable to GCC market, will be covered during the course. The program is offered in a workshop mode and participants will be provided with working models and will be trained on the usage of these models for their own organization.
About the Speaker
Dr. Sunil is an accomplished trainer and consultant in the field of Risk Management. He holds an MBA in Finance from University of Southern Queensland, Australia with a Ph.D. from Indian Institute of Technology Bombay in applied IT to Banking and Finance, Dr. Sunil’s current funded research is on Islamic Banking and is globally accepted as a pioneering work. His experience in finance spreads over sixteen years and span across diverse industry groups and several countries.
He is presently the Head of Risk Management Middle East and Africa for Wolters Kluwer Financial Services FRSGlobal and is responsible for FRSGlobal presence in ME and Africa region. Prior to this, he held a similar position for IRIS integrated risk management ag, Switzerland
He has co-authored books on Risk Management including “Financial Risk Management for Islamic Banking and Finance” published by Palgrave McMillan UK which is considered to be pioneering work in the field of Risk Management in Islamic Banking. The book is among the top recommended reading for FRM by GARP.
• Central Banks in GCC have issued guidelines for Basel II implementation, more recently focusing on Pillar 2 with an ongoing discussion on Basel III.
• Banks face a daunting task in Pillar 2 reporting with several local issues posing serious challenges.
• Incorporating international best practices whilst keeping in mind local issues is proving to be a tight rope walk.
• This course aims at equipping bankers and financiers with knowledge and tools for preparation of ICAAP
keeping in mind local issues such as region specific stress tests, concentrations, data issues, and uninformed top.
• All this is supported with theoretical background of Basel II accord related to Pillar 2.
• Course will cover leading regulators views and expectations on ICAAP.
Who Should Attend
- Retail/Corporate/Investment Banks
- Financial Institutions
- Clearing Houses
- Hedge Funds
- Risk Managers
- Asset Managers
Related links: ICAAP A Practitioners Tool Kit
Use our smart tools should you wish to
- Buy or Sell
- Find a Job
- Invest or Raise Funds