WHY THIS COURSE? Excessive credit growth and resulting speculative bubbles are at the heart of all financial crises. When the economy deteriorates and obligors become distressed, banks cut their losses and make credit far harder to obtain, thereby exacerbating contraction in the real economy. This scenario is exactly what regulators seek to avoid. For Islamic banks, due to the prohibition of business activities which conventional banks use to diversify income streams (e.g., speculative trading, traditional asset management etc.), credit risk is even higher due to an overreliance on consumer and corporate financing. This course offers a valuable and timely opportunity for Islamic banking practitioners to gain knowledge and skills which can be directly applied to strengthen internal credit risk measurement and management. The course delivers a wide array of contemporary credit risk management practices relevant to Islamic banks, detailing how credit risk arises at the product level, and how it can be measured and managed within both retail and corporate banking businesses. The course provides in-depth learning of internal credit risk-based models, as well as external credit rating agency (ECAI) models applied by S&P, Moody’s and Fitch to rate issuers and issuances (e.g. Sukuk). The course will also include a high level of interaction and thorough instruction in techniques which can be applied in everyday use to measure and manage credit risk in Islamic banks. WHAT WILL I TAKE AWAY? 1 participant: RM995 Early Payment Discount: Payments made on or before 19th October will receive a 5% discount If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802. Kindly complete the registration form and email to [email protected] or fax +603 2162 7810 For enquiries please contact: Mathias Sosovele Normariya Sariman Ramesh Kalimuthu For sponsorship & speaking opportunities: For marketing and media enquiries This two-part training program will be delivered online through a stable, secure and free-to-access platform. The program itself will be delivered through lectures, worked examples and case studies in order to ensure a detailed and practical understanding of the program content. Participants will have plenty of opportunity to ask questions and interact with the program director. Login details and program materials will be sent to participants upon receipt of payment 1 participant: RM995 Early Payment Discount: Payments made on or before 19th October will receive a 5% discount If you are looking for an in-house training program or wish to send a group to an existing public program, kindly please contact Andrew Tebbutt at [email protected] or +603 2162 7802./p> Kindly complete the registration form and email to [email protected] or fax +603 2162 7810 WHY THIS COURSE? Excessive credit growth and resulting speculative bubbles are at the heart of all financial crises. When the economy deteriorates and obligors become distressed, banks cut their losses and make credit far harder to obtain, thereby exacerbating contraction in the real economy. This scenario is exactly what regulators seek to avoid. For Islamic banks, due to the prohibition of business activities which conventional banks use to diversify income streams (e.g., speculative trading, traditional asset management etc.), credit risk is even higher due to an overreliance on consumer and corporate financing. This course offers a valuable and timely opportunity for Islamic banking practitioners to gain knowledge and skills which can be directly applied to strengthen internal credit risk measurement and management. The course delivers a wide array of contemporary credit risk management practices relevant to Islamic banks, detailing how credit risk arises at the product level, and how it can be measured and managed within both retail and corporate banking businesses. The course provides in-depth learning of internal credit risk-based models, as well as external credit rating agency (ECAI) models applied by S&P, Moody’s and Fitch to rate issuers and issuances (e.g. Sukuk). The course will also include a high level of interaction and thorough instruction in techniques which can be applied in everyday use to measure and manage credit risk in Islamic banks. WHAT WILL I TAKE AWAY? Credit Risk Profile, Limits and Mitigants Measuring Credit Risk Dr Ken Baldwin Dr. Ken Baldwin has worked as a practitioner in banking and finance for over 25 years in senior positions spanning the front and middle offices. Having graduated from Oxford University with a first-class honors degree in Physics in 1989, he qualified as a Chartered Accountant with PWC, before joining UBS, and then later Credit Suisse, in derivatives risk and control functions based in London. He gained a PhD in the microeconomic theory of risk sharing in Islamic contracts, and worked in the GCC for 15 years in Islamic retail and Islamic investment banks. Whilst at Abu Dhabi Islamic Bank, Dr. Ken built an ALM analytic technology platform capable of capturing liquidity and interest rate risks inherent in the many varied Islamic financing products used at retail and corporate levels. He then moved to take up the position of MENA Regional Head of Quantitative Analysis for Citigroup. At Citicorp, Dr. Ken worked on structuring complex products used by Gulf-regional corporations to hedge FX and interest risks. Still residing in Bahrain, Dr. Ken then joined Investcorp, where he worked on the risk due diligence of corporate private equity and real estate private equity transactions and portfolio management. After leaving Investcorp, he set up the risk management department for venture capital bank, providing Basel III compliance and deal analysis for the bank. He then operationalized a new Islamic investment bank as its Chief Operating Officer for 3 years, before his most recent industry role at the Islamic Development Bank, where he set up and ran a new department tasked with developing Financial Policies and Planning underpinned by robust financial analytic tools and methodologies designed specifically for the IDB. Dr. Ken is currently a senior university lecturer in finance in the UK. He has published quantitative finance articles in peer-reviewed academic journals including the Journal of Risk, and during his earlier career, taught CFA and FRM professional certifications as a pastime for the Bahrain Institute of Banking and Finance. This two-part training program will be delivered online through a stable, secure and free-to-access platform. The program itself will be delivered through lectures, worked examples and case studies in order to ensure a detailed and practical understanding of the program content. Participants will have plenty of opportunity to ask questions and interact with the program director. Login details and program materials will be sent to participants upon receipt of payment For enquiries please contact: Mathias Sosovele Normariya Sariman Ramesh Kalimuthu For sponsorship & speaking opportunities: For marketing and media enquiriesPROGRAM INTRODUCTION
2 participants: RM1990
3 participants: RM2985
4 participants: RM3980
5 participants: RM4975
* Further attractive packages are available for groups of more than five. Please contact us directly
Learn More
Online Delivery
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 25
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
Anna Rozana Ramli
Marketing Director
[email protected]
Direct Line: +603 2162 7800 ext 22
2 participants: RM1990
3 participants: RM2985
4 participants: RM3980
5 participants: RM4975
* Further attractive packages are available for groups of more than five. Please contact us directlyOnline Delivery
PROGRAM INTRODUCTION
AGENDA
Part One: 26th October
Part Two: 27th October
EXPERT COURSE DIRECTOR
Former Director, Financial Policies & Planning, Islamic Development Bank
Ken is a British Muslim.WHO WILL BENEFIT MOST?
PROGRAM FORMAT
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 25
Account Manager, REDmoney Seminars
[email protected]
Direct Line: +603 2162 7800 ext 44
Events Sales Director
[email protected]
Direct Line: +603 2162 7800 ext 65
Fax: +603 2162 7810
Andrew Tebbutt
Managing Director
[email protected]
Direct Line: +603 2162 7802
Anna Rozana Ramli
Marketing Director
[email protected]
Direct Line: +603 2162 7800 ext 22