The seminar presents an applied approach to risk management strategies in the context of the implementation of MIFID II. It highlighting the risk management paradigm changes introduced by MIFID II in parallel with the emphasizing of the governance framework for financial instruments and markets. The features of the financial instruments will be analyzed in the context of describing the valuation methodologies and their valorisation on the basis of risk management techniques.
TARGET GROUP: risk managers, auditors, compliance specialists, traders, dealers, investment advisory staff etc.
1. Basic financial instruments vs. derivatives. Structure, assessment methods and impact on management strategies
– Valorisation of the yield curve
– The interpolation process
– Marking to market process, effects on pricing
2. Structured products. Contribution to risk management techniques
3. Management strategies. Paradigm changes inspired by the experience of the financial crisis
– Operational and organizational aspects of the risk department in a bank
– Integrated approach to credit, market and operational risk management in a bank
– Diversification policy in the context of portfolio management
4. The impact of MIFID II on the risk management framework
– Automatic trading, order execution – ante and post trading
– Risk management: knowledge, awareness and training
– Position limits and market liquidity for capital instruments, maximum-limit exemptions, non-equity pre-trade
– Liquidity risk challenges: trading algorithm and dark pools
– MiFID II dark trading (negotiable trade waiver) and large in scale waiver
– Impact of MIFID II liquidity requirements on risk management policies
Cristina Morar Triandafil, PhD, is an expert within a large European banking institution. This new professional challenge added the segment of financial groups to her competences in supervision and prudential regulation.
Cristina holds a PhD in Economy; she is a Chartered Banker – CIOBS UK,. For 6 years, she worked at the National Bank of Romania, as an expert in the Regulation and Licensing Department. All this time, she was involved in transposing the European directives for capital requirements into national regulation.
Additionally, she contributed to several technical opinions within the Working Groups at the European Council and the European Banking Authority, in regard to the development of EBA Technical Regulation Standards, which facilitate implementing CRD 4 at the European level.
As an associate lecturer of the Romanian Banking Institute, Cristina has been teaching open/ in house seminars and coaching programs for top managers since 2009.
TBA, between 10.00 – 18.00
RBI will hold the course on its premises, providing specialised lecturers, course materials and catering services during the training day.
At the end of the course, participants will be given a certificate, issued by RBI (under the aegis of the founding members: NBR and RBA), with 14 CPD credits.
Dr. SAVU EMANUELA, Training Manager
Tel.: 0372.394.424, Mobil: 0748.886.803