Applied Financial Modelling & Forecasting

An unwritten rule of banking evolution says that models will spontaneously emerge from individuals within a team, be shared or not, and develop so as to take a life of their own, often remotely correlated with the strategy of the bank and its operations. Undocumented, designed by their author for their own use, lacking validation, these models are difficult to share. Taking over such models entails perplexities and uncertainty, with the result is that modelling errors are less of a risk than a fate, and disaster looms.

Most analysts need a better grasp of what qualitative and quantitative models are being used within teams, and better grasp what models entail, how these can be developed, analysed in a critical fashion and tamed to serve their stated purpose. Beyond the obvious compliance reasons for that, a commonly shared view at models is critical for developing this type of digital assets of a financial institution.

In Salvo Global’s interactive workshop, we use a mixture of interactive explanations, exercises, discussion and real-life case studies to keep the training lively and relevant.

Throughout the program, delegates will be encouraged to bring their own practical issues and case studies, to build an action plan, listing the positive action they are going to perform when they get back to their business to actively apply and develop their knowledge of modelling.

Top Learning Objectives

  • Develop an understanding of the power and limitation of modelling
  • Recognise the challenges and risks of modelling
  • Determine what issues benefit from modelling
  • Implement strategies, tools and techniques to design models
  • Recognise implicit assumptions within a model
  • Master Net Present Value and other techniques for modelling
  • Take over models without betraying their purpose
  • Design models that can be documented and developed
  • Develop tools for sharing models within a team
  • Acquire a toolbox of financial mathematics and calculations
  • Understand the pricing of a few financial derivatives
  • Implement forecasting tools where applicable
  • Apply qualitative and quantitative tools and techniques to stay ahead of model risk

Who Should Attend?

This masterclass is designed for financial professionals, CEOs, CFOs, VPs, MDs, GMs, Chief Accountants, Cost Controllers, Directors, Managers and Analysts, involved in:

  • Finance Planning
  • Treasury
  • Forecasting & Financial Analysis
  • Management Accounting
  • Project Finance
  • Budget Planning
  • Cash Management / Liquidity Management
  • Budget, Corporate, Business and Financial Analysis
  • Financial Advisors and Corporate Analysis
  • Heads of Business Units and Business Planners

Trainer's Background

  • He is an international Financial Risk Management Consultant, well versed in quantitative techniques.
  • Has strong academic and practical background in Risk Management methodological frameworks for credit risk, market risk and operational risk, and compliance with risk regulations.
  • He has some 25 years’ experience advising banks and software houses on derivatives and risk management.
  • Senior consultant for numerous banks to help handle risk management and their regulations, be it on the regulatory side of capital management, towards the aspect of systems and internal controls, or risk management.
  • He has been, as appointee of European Union, participating in the starting up of an operational risk function in a large Egyptian bank. His academic background includes an MBA from London Business School, Economics from (then West-) Berlin University and a business degree from a Paris business school. [The Trainer] is a certified member (PRM) of PRMIA and has actively contributed to the PRMIA Education Committee.

EVENT SCHEDULE

Face-to-Face Masterclass
Date: 15th – 17th April 2024
Time: 8:30 AM – 4:30 PM
Location: Abidjan, Ivory Coast

Online Masterclass via Zoom
Date: 6th – 9th May 2024
Time:
8:00 – 11:00 AM UTC

This course will be conducted in french language

VIEW IN FRENCH LANGUAGE


“[The Trainer] ran a very successful GARP Financial Risk Manager (FRM) study group at IBM,
several of whom went on to senior roles at banks and risk software vendors. With his characteristic humour, [The Trainer] not only taught us the risk manager exam material but also how to think like good skeptical risk managers.”

– ROYAL BANK OF SCOTLAND