ISFB Certificate in Governance and Risk Management for Directors
Management and Human Resources
Context
Key objectives
2. Clarify the roles and responsibilities of those involved, and identify the different approaches and means
3. Develop general knowledge of the different types of risk
4. Understand and apply different risk situations through case studies
5. Keep abreast of changes in risk regulations.
Target audience
- Cross-functional positions not specializing in risk management, with a view to a future directorship
Stakeholders
Reviews
Practical information
ACAD recognizes the ISFB Risk Management Certificate for Directors as equivalent to the ACAD Risk Management module of the ACAD+ program, allowing ISFB Certificate participants to continue on to the ACAD+ certification program.
Price
- Public: CHF 5,270
- Member : CHF 3'950.-
- Training cheque: CHF 4,920.00
Admission requirements
Board governance
- Responsibilities, role and operation of the Board of Directors in relation to the Executive Board
- Good governance practices (independence, diversity, transparency)
Banking governance
- Organization of committees
- FINMA circulars imposing duties on the Board of Directors, non-transferable duties
- Role of internal audit
- Role of external auditors
Risk management in banking
- Focus on FINMA and European directives with a direct impact on sales
- The different types of risk
- Types of risk by nature and associated indicators
- Setting risk appetite and tolerance
- The ICS (Internal Control System)
- Changes in the context
Financial risks excluding loans
- Interest rate and market risks
- ALM, capital and liquidity risks
- Capital planning (stress tests)
Credit risks, operational risks, and resilience
- Cyber risks
- Outsourcing risks
- Resilience & crisis management
FINMA's supervision of the internal control and risk management system
- Approval of directors and officers by FINMA
- Relations between the Board of Directors and FINMA
- Deepdive, Enforcement, dealing with irregularities
Exam Risk Management Certificate for Directors
Managing risk without becoming a CRO
Ultimately responsible, the boards of directors of small financial institutions must weigh risks with sufficient understanding to make decisions and exercise control.
Interview with Jean-Philippe Bernard, Program Director of the ISFB Certificate in Risk Management for Directors
"At the board level: How can we better understand risk-related issues? How should we position ourselves? How can we make informed judgments about the relevance of the executive's approaches to risk? How can we use these approaches to integrate them into the right strategic initiatives? This is where training dedicated to bank directors comes in."
Read the interview
Training bank directors: FINMA's vision and lessons from ISFB
"The role of board member at an institution subject to FINMA, particularly a bank, requires great rigor, strategic vision, extensive knowledge of financial markets and the legal and regulatory framework, as well as availability, an independent and critical mind, and courage."
Read the interview
Hervé BROCH
Over many years, he has developed strong links between the voluntary sector and the world of finance.
Jean-Christophe PERNOLLET
Jean-Philippe BERNARD
Julien PELEGRY
Nicolas DERVAUX
In 2004, he discovered commodity financing (transactional and structured), becoming successively Middle Office Manager, Distribution Manager, Fund Manager, and Front Office Group Manager. In March 2021, Nicolas joined the Finance Division as Head of Risk at BCGE (financial, non-financial, and operational).
The development of commercial activity, the management of banking and financial crises, and knowledge of regulatory developments (Basel II/Basel III) give Nicolas a comprehensive view of credit risk.
Nezam Alexandre BAYAT
Deployment within organizations
This training can also be organized as an in-house session, either at the ISFB premises or at the member institution.
Depending on the needs and context of the organization, the content may, in some cases, be modularized and adapted.
Please contact us for any further information or to discuss a specific configuration.
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Management and Human Resources
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