Stress test hedging with futures and options against scenarios that are plausible rather than comfortable.
Building Hedging Strategies Using Futures and Options
Learn to design, measure and defend your organisation's approach to hedging with futures and options.
📍 Tunis🗓️ 5 training days📚 4 modules🎓 Accredited certificate
5intensive training days
4scientific modules
8training sessions
32detailed points
Course Overview
Models supporting hedging with futures and options fail quietly, and usually at the worst moment. Capital, liquidity and reputation are all exposed by weak handling of futures and options. Sessions alternate between guided analysis of the financial and banking practice discipline and supervised application. Where hedging with futures and options is measured, it improves; where it is only discussed, it drifts. Progress on this strand of financial and banking practice is usually lost in the gap between approval and execution. Participants gain a realistic view of what futures and options costs and what it returns. The programme is built to be used, and every section of hedging with futures and options it covers ends in something applicable. It suits anyone whose decisions touch futures and options, in large organisations and small ones alike. Participants finish with a short, specific brief on the financial and banking practice capability ready to put in front of a decision maker.
Expected Learning Outcomes
Identify the failure points in futures and options most likely to cause loss, and control them first.
Document the approval chain for exceptions to policy on hedging with futures and options.
Build the internal capability for futures and options rather than depending on external support indefinitely.
Prepare the regulatory submissions arising from hedging with futures and options.
Assess the capital and liquidity implications of futures and options.
Design a training and briefing approach that sustains competence in hedging with futures and options.
Who Should Attend
Business partners who must understand hedging with futures and options well enough to challenge it.
Officers preparing reports on futures and options for boards or oversight committees.
Regulatory reporting analysts covering hedging with futures and options.
Relationship and product managers whose targets depend on futures and options.
Board risk committee members overseeing hedging with futures and options.
Risk managers responsible for futures and options.
Course Modules
Hedging with futures and options: audit evidence and examiner readiness
2 sessions · 8 pointsSession 1What has to be agreed before work on hedging with futures and options starts
- Estimate the resource hedging with futures and options requires to run as designed.
- Review whether futures and options is aligned with the objectives of the business line.
- Distinguish symptoms from causes when hedging with futures and options underperforms.
- Set escalation thresholds for futures and options that work out of hours.
Session 2Where futures and options typically breaks, and why
- Verify reconciliation and settlement controls covering hedging with futures and options.
- State the risk appetite for futures and options as a number, not an adjective.
- Agree who signs off hedging with futures and options and record that they did.
- Review concentration by counterparty, sector and geography inside futures and options.
Futures and options: the control framework and segregation of duties
2 sessions · 8 pointsSession 1Setting a limit on futures and options that will actually be respected
- Check that hedging with futures and options still works when volumes rise unexpectedly.
- Prepare the response for the most likely failure in futures and options.
- Confirm segregation of duties across initiation, approval and settlement of hedging with futures and options.
- Build the competence framework that supports futures and options.
Session 2Testing futures and options before relying on it
- Confirm client due diligence standards applied to hedging with futures and options are current.
- List the assumptions in any model supporting futures and options and when each was last challenged.
- Set out how exceptions to hedging with futures and options are requested and approved.
- Agree what will be standardised in futures and options and what will not.
Futures and options: exceptions, breaches and remediation
2 sessions · 8 pointsSession 1Evidencing that futures and options worked as designed
- Identify the key controls over hedging with futures and options and who tests them.
- Establish what evidence demonstrates futures and options is under control.
- Document the remediation plan for each known weakness in hedging with futures and options.
- Review the pricing of futures and options against the risk being assumed.
Session 2Reporting hedging with futures and options so the reader can act on it
- Identify single points of dependency in hedging with futures and options and reduce them.
- Confirm that reporting on futures and options reaches the people who can act.
- Confirm reporting on hedging with futures and options reaches the committee that can act on it.
- Check the legal and contractual exposure created by futures and options.
Futures and options: pricing, profitability and risk-adjusted return
2 sessions · 8 pointsSession 1Stress scenarios for futures and options that are plausible rather than convenient
- Prepare the evidence pack demonstrating hedging with futures and options operated as designed.
- Set early warning indicators for futures and options with defined action thresholds.
- Establish the boundary of hedging with futures and options and record what sits outside it.
- Identify where judgement in futures and options is legitimate and where it is not.
Session 2Concentration building quietly inside futures and options
- Anticipate the objections hedging with futures and options will raise and prepare the answers.
- Assess the capital consumed by futures and options under current and stressed conditions.
- Rehearse the briefing on hedging with futures and options that would follow an incident.
- Design the exception process for futures and options and require a documented rationale.
Choose the package that suits you
Silver Package
At least 3 people
USD1,250
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Gold Package
At least 3 people
USD1,850
- 5-night stay in a 5-star hotel
- Workshop or Program Participation
- Airport Transfers
- Customized Badge
- Expert Mentorship (Private Sessions)
- Supervision & Secretarial Services
- Accredited Certificate of Participation
- Complete Training Kit
- Coffee Break
- Closing Ceremony
Complete your registration
We will contact you within one business day to confirm.