Regulators no longer accept intent as evidence of control over corporate currency exposure management. Models supporting exposure management fail quietly, and usually at the worst moment. The version of this part of financial and banking practice described in the manual and the version practised on the floor tend to diverge over time. The course leaves participants able to diagnose weaknesses in corporate currency exposure management before they become incidents. Mature organisations treat the financial and banking practice discipline as a standing capability rather than a project that finishes. The method assumes participants will be challenged on their handling of exposure management and prepares them for it. This programme builds corporate currency exposure management from first principles, without padding and without omitting what matters. The material serves both public bodies and commercial organisations dealing with exposure management. The final module sets out how progress on this area of financial and banking practice will be evidenced six months later.
Expected Learning Outcomes
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Build the client due diligence and monitoring appropriate to corporate currency exposure management.
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Define the scope and boundaries of exposure management so that responsibility for it is unambiguous.
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Document the approval chain for exceptions to policy on corporate currency exposure management.
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Define the risk appetite applying to exposure management and translate it into operating limits.
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Verify that improvements to corporate currency exposure management have held six months after they were introduced.
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Design the reporting on exposure management that reaches decision makers in time to act.
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Establish what evidence would demonstrate that corporate currency exposure management is under control.
Who Should Attend
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Consultants and advisers supporting clients on corporate currency exposure management.
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Managers with direct responsibility for exposure management within the business line.
