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Course Outlines

Risk Management

Risk Management Techniques and Basel II-III

Operational Risk and Basel II

Credit Courses

Writing Credit Applications - A Foundation Course

Advanced Credit Analysis and Risk Management

Analysing Banks

Loan Documentation

Loan Markets

Credit and Loan Markets

Consulting and On-Site Training Services

Basel II Operational Risk Framework Design and Build

Basel II Framework Implementation, Compliance and Training

Operational Risk Compliance Review and Gap Analysis

Organizational Structure Design

Yield Curves - 2 Days

The term “yield curves” are often bandied about but usually only those who work with them understand what they are and how they are used. In a number of countries there is an “official” yield curve off which everyone works. In South Africa, the Bond Exchange is attempting to institute a similar policy, but without much success. Each bank has its own proprietary curve – thereby resulting in pricing and valuation differences. Topics to be covered include:

  • What is a yield curve – a very brief description of the make up of a yield curve.
  • Types of yield curves – par curves v zero coupons v forward/forwards
  • Yield curve shapes and a bit about the various yield curve theories.
  • All of the above serve as an introduction to the real nitty gritty.
  • How to construct a yield curve – here I can show how to construct either a zero coupon yield curve or a forward/ forward curve, which is a bit mathematical but we don’t need to go into too much detail.
  • How to use yield curves in the valuation process.
  • Duration and convexity and how they impact upon the valuation of assets when rates move – once again a bit mathematical but of extreme importance in explaining how valuations change over time as well as due to changes in rates
  • Some yield curve “plays” – covering jargon such as straddles etc

Course Outlines

Quantitative Analysis

Credit Model Validation

Credit Scoring and Internal Ratings

LGD and EAD prediction

Counterparty Credit Risk: CVA and EPE

Course Outlines

Financial Markets

ACI Dealers Certificate Workshop

ACI Operations Certificate Workshop

Introduction to Financial Markets

Money Market Workshop

Foreign Exchange Workshop

Bonds Workshop

Financial Math Workshop

Introduction to Derivatives

Introduction to Banking

Fundamental Analysis

Treasury Management Workshop

Finance for Non Financial People

Ethics and Compliance

Balance Sheet, asset and Liability Management

Yield Curves