The British Academy for Training and Development presents this training program in Certificate in Financial Risk Management (CFRM), specifically designed to equip participants with advanced knowledge and skills in analyzing, assessing, and effectively managing financial risks within the modern business environment.

In light of accelerating economic changes and sharp fluctuations in financial markets, it has become essential for organizations to identify sources of financial risks and contain them before they evolve into real threats that may affect their stability and continuity. Financial risk management is no longer optional—it has become a core part of strategic planning and decision-making across all sectors, especially in the financial and banking industries.

Who Should Attend?

• Financial risk managers in institutions and companies

• Professionals in financial planning and budgeting departments

• Financial consultants and investment analysts

• Auditors and professionals in compliance and financial governance

Knowledge and Benefits:

After completing the program, participants will be able to master the following:

• Understand modern concepts and principles of financial risk management

• Classify and assess different types of financial risks

• Develop the ability to use quantitative tools and models to measure risks

• Gain insight into hedging strategies and risk mitigation techniques

• Learn how to build effective control systems to monitor organizational risks

• Introduction to Risk Management

  • General concept and importance of risk management in organizations

  • Evolution of risk management over time

  • Differences between risk, uncertainty, and exposure

• The Global Financial System

  • Components of the financial system and related institutions

  • Role of financial markets in generating risks

  • Relationship between globalization and financial risk complexity

• Classification of Financial Risks

  • Credit risks: definition and types

  • Market risks and price volatility

  • Operational risks and human error

• Liquidity and Funding Risks

  • Concept and causes of liquidity risk

  • Measuring an organization’s ability to meet obligations

  • Liquidity management tools in institutions

• Quantitative Risk Analysis

  • Importance of quantitative models in risk measurement

  • Use of standard deviation and Value at Risk (VaR)

  • Historical scenario analysis

• Risk-Related Performance Indicators

  • Indicators of dispersion and financial deviation

  • Risk-adjusted returns

  • Using indicators in financial evaluation

• Credit Risk Management

  • Creditworthiness analysis of clients

  • Quantitative models for credit risk assessment

  • Role of external credit ratings

• Credit Risk Mitigation Strategies

  • Diversification of credit portfolios

  • Collateral and contractual safeguards

  • Financial provisions and potential loss management

• Market Risk Management

  • Analysis of sources of market risk

  • Using financial derivatives for hedging

  • Impact of interest and currency rates on portfolios

• Managing Market Volatility

  • Hedging tools for exchange rate fluctuations

  • Strategies for managing interest rate changes

  • Financial models for volatility measurement

• Operational Risks and IT

  • Identifying operational risks in daily processes

  • Risks associated with technology and digitization

  • Impact of technical failures on financial performance

• Internal Control Systems

  • Establishing an effective internal control system

  • Role of periodic reporting in risk monitoring

  • Structuring risk and audit committees

• Compliance and Regulatory Risks

  • Definition and importance of compliance risks

  • Anti-money laundering laws and international regulations

  • Regulatory sanctions and their institutional impacts

• Reputational Risk and Governance

  • Link between reputation and institutional risk

  • Importance of transparency and disclosure

  • Effective governance and its role in risk reduction

• Financial Hedging Tools

  • Use of futures and options contracts

  • Advantages and limitations of hedging instruments

  • Financial evaluation of hedging strategies

• Risk Mitigation Strategies

  • Insurance as a tool for risk transfer

  • Risk distribution through asset diversification

  • Developing financial emergency response plans

• Risk Management in Financial Institutions

  • Nature of risks in banks and insurance companies

  • Assessment of lending and investment risks

  • Roles of financial oversight and supervision

• Enterprise Risk Management (ERM)

  • Principles of integrated risk management

  • Integrating risk management into governance structures

  • ERM application models in organizations

• Risk Reporting

  • Fundamentals of preparing clear and professional reports

  • Early warning indicators and their interpretation

  • Reporting to boards and oversight authorities

• Electronic Risk Management Systems

  • Automated risk monitoring systems

  • Data protection in risk environments

  • Integration between financial and technical systems

• Building a Comprehensive Risk Management Plan

  • Steps to prepare a risk management plan

  • Resource allocation and responsibility assignment

  • Periodic plan evaluation and updates

•  Linking Risk Management with Corporate Strategy

  • Aligning strategic goals with risk management

  • Performance evaluation based on risk-return balance

  • Successful implementation examples in institutions