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Credit, Market and Counterparty Credit Risk Management

Enrollment in this course is by invitation only

About This Course

The global credit crisis has brought on an increased focus on counterparty credit risk (CCR), emerging as one of the most important issues in today’s financial markets. Understanding derivatives and their respective cash flows is the starting point of identifying credit exposure faced by counterparties. This credit risk course is designed to empower participants to identify, quantify, understand, and mitigate counterparty credit risk arising from derivatives across the major asset classes.

The course is designed for:

  • Banks, end users of derivatives, regulators, consultants, software providers and other third parties
  • xVA desks
  • Derivatives traders, structurers and salespeople
  • Treasury and finance departments
  • Regulatory capital and reporting
  • Risk Managers (Market and credit)
  • IT, product control and legal
  • Quatitative researchers
  • Portfolio managers
  • Opertions / collateral management
There are seven core subject areas:

  • Counterparty Credit Risk vs. Lending Risk
  • Credit Risk and Credit Models
  • Counterparty Credit Risk Models
  • Collateral and other Risk Mitigants
  • Quantifying Metrics
  • The Challenges of Managing the xVA Process
  • Consituting the xVA Desk

Course Director

Andrew Kinsey

Andrew has over 25 years’ experience in financial markets both for international and local (South African) institutions. He was a trader and senior manager in the derivatives and cash-trading environment, and worked as a Derivatives Trader at Nedcor, Standard Bank and Corpcapital Bank, trading foreign exchange, fixed income and equity assets. He was head of the ABN AMRO South Africa Money Market and Foreign Exchange unit. From 2008 to 2014 he was Head of Market and Trading Risk at the Purple Capital Group. This set the basis for the next period as he moved into risk management for hedge funds and in the online trading environment. This allowed him to build on his skills as a market trader to construct risk management systems, which illuminated granular market exposures as well as a communication tool for the business executives. At the same time he began to spend an increasing amount of time training and lecturing both graduates and experienced staff in market products and economics.

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