The Best Risk Management Certifications

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The Risk Management Academy Limited

The Risk Management Academy [RMA]  Limited is a global learning center for professionals and practitioners in the field of risk management and compliance. RMA is accredited by The CPD Group, London.

The Academy was established over a decade ago to facilitate collaboration efforts of professionals in this field across the globe. It also seeks to  provide the platform and vehicle for risk management professionals to imbibe best-in-fit methodologies and tools (or systems) in the effective management of risks in a comprehensive manner .

Harvard Business School Online-Risk Management

Explore the world of business through a financial lens. Submit your application today! Our online programs bring the dynamism of the Harvard Business School classroom to you.

Robertson College In Manitoba – College Courses in Manitoba-Risk Management

Build a versatile skillset and apply your knowledge across a variety of business sectors. Explore online, instructor-guided programs that allow you to learn while living.

LSE Online Certificate Course-Risk Management

This Risk and Crisis Management online certificate course is certified by the United Kingdom CPD Certification Service, and may be applicable to individuals who are members of, or are associated with, UK-based professional bodies. The course has an estimated 70 hours of learning.

RIMS-Certified Risk Management Professional

As the only competency-based risk management credential, the accredited RIMS-CRMP certification validates your performance ability, technical knowledge,

 

Assessing Risks to Liquidity and Funding in a Bank

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The methodology to assess a bank’s liquidity comprises three elements:

  • inherent liquidity risk;
  • inherent funding risk; and
  • its governance and management.

It allows supervisors to form a view of the level of liquidity and funding risks faced by an institution, along with its management and controls. This will lead supervisors to determine whether any specific requirements are necessary to cover these risks to which the bank is or might be exposed.

The liquidity risk assessment evaluates the bank’s short- and medium-term liquidity risk over an appropriate set of time horizons, ensuring that the institution maintains adequate levels of liquidity buffers.

This assessment includes an evaluation of:

  • liquidity needs (short- and medium-term);
  • intraday liquidity;
    liquidity buffer and counterbalancing capacity, and
  • supervisory liquidity stress-testing.

A bank’s funding risk is assessed in order to determine whether the medium- and long-term obligations are met. The assessment is performed throughout an evaluation of:

  • the funding profile;
  • risks to the stability of the funding profile;
  • actual market access; and
  • expected changes in funding risks, based on the bank’s funding plan. 

The governance and risk management framework underlying the above-mentioned risks will also be reviewed, providing a comprehensive understanding of the bank’s risk profile. This evaluation comprises an assessment of the liquidity risk strategy and its tolerance, policies and procedures, risk identification, measurement, management, monitoring and reporting, and finally the bank’s own funding and contingency
plan.

This assessment will provide supervisors with an outcome which will be reflected in a summary of findings along with a score.