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Treasury Management Training Course Overview: Effectively control your interest rate and currency exposures Measure interest rate and currency risks Apply appropriate strategies in response to risks you're exposed to Confidently manage your risks Optimise the allocation of your company funds How to measure the performance of your treasury department Increase value by effectively managing your company's cash and debt

Treasury Management The importance of treasury management, whether in a bank or corporate, has been highlighted over the past few years. Risk mitigation, exposure management and the use of hedging strategies are all now essential undertakings. Whilst ensuring the effective management of all forms of risk, treasury managers must also be able to use and apply financial products in order to maximise profit. With the ever-increasing range and complexity of financial instruments available, treasury managers must constantly update their skills in order to effectively undertake their important role. Treasury Management' is designed to provide you with a comprehensive understanding of the latest strategies, techniques and tools for an efficient treasury function. The course will examine in detail the complexities of all treasury management issues whilst expanding your knowledge of the essential concepts and the inherent risks. You will analyse the intricacies of modern financial markets, enabling you to maintain control over increasingly complex interest rate and currency exposures.

Summary of course content Improve earnings performance through effective asset and liability management Effectively measure and manage the performance of treasury activities Implement treasury activities that will increase shareholder value Expand the scope of treasury positioning and trading activities Safely hedge against foreign currency and interest rate risks Understand derivatives pricing and risk management Understand complex risk management models and limits packages Apply practical solutions to improve treasury accounting

THE TREASURY FUNCTION Overview of the Treasury Function Importance of Treasury The role of the Treasurer Treasury in the organizational structure Governance: Policies and Procedures Role of Audit and Risk Management ALCO, Limits and VaR Cost of Capital Debt/Equity Ratio BIS Capital Requirements

MANAGING FOREIGN EXCHANGE RISK Spot, Forward and FX Swap Transactions Pricing Forwards and Money Market arbitrage Non-deliverable forwards Currency Options Counterparty Risks Transaction Exposure Translation Exposure Economic Exposure INTEREST RATE RISK AND LIQUIDITY: GAPPING Gap Analysis Types and Uses of Gap Analysis Rate Shocks Cost to close Liquidity Metrics Simulation Approaches

Electronic Bank Statement & Manual Bank statement a) Account symbols b) Posting rules c) External transaction types d) Business transactions e) Variants 2. Check Deposit a) Posting Keys and Posting Rules b) Account symbol 3. Cash concentration a. Groupings b. Cash management account names c. Planning types d. Scaling 4. Cash journal 5. Interest calculations

USING SWAPS AND RELATED PRODUCTS Swap Pricing Analyzing Swap Cash flows Constructing the Discount Function Hedging with Swaps Swaps and the Capital Markets Basis Swaps Exercises and Case Studies: Swaps Case Study TREASURY PERFORMANCE AND LIQUIDITY BIS Liquidity recommendations Treasury as Profit Center Transfer Pricing Pricing Bank facilities Group Work with Exercises and Case Studies: Eurodollar Futures and Gaps

Treasury's role in managing other enterprise risks Fixed rate bonds and asset swaps Cross currency swaps Managing risks in new debt issuance Government rate locks Forward start swap solutions Credit spread risks and possible solutions Tradeoffs in pre-funding vs. risk management Managing equity risks Managing commodity risks Protecting trade receivables against customer defaults

Credit-risky assets and counterparty commitments in treasury Credit events and credit risky assets/commitments Measuring expected credit losses Estimating probabilities of default, exposure at default, and loss given default Historical experience and credit transition tables Estimating expected future conditional marginal probabilities of default or hazard rates Relationship of probabilities of default and survival functions Workshop summary and conclusions Review of important concepts Developing a framework for learning Anticipating future developments in treasury