Certified Risk Manager – Education in Oslo

This certification program is relevant for people working with risk management, risk control, internal audit, financial authorities or similar. The education will provide you with a broad and deep understanding of the various risk management techniques employed in financial institutions. You will learn how to measure and manage market risk, credit risk, liquidity risk and operational risk. The education consists of three modules. After the final module you can take an exam and thereby become a Certified Risk Manager.
Education as Certified Risk Manager - uddannelse som Certificeret Risk Manager

Course description

Module 1 Market Risk Measurement and Management
April 15-16, 2020

Fundamental Review of the Trading Book
Value at Risk
Delta Normal Approach
Historical Simulation-based VaR
Delta VaR, Component VaR and Incremental VaR
Duration and Key Rate Duration
Capital Requirements for Market Risk
The Greeks
Simple, Exponentially Weighted Moving Average and GARCH-volatility
Stresstesting and backtesting

Module 2 Credit Risk Measurement and Management
May 12-13, 2020

Credit Risk Modelling
Credit Risk and Capital Requirements
Managing Credit Risk using Credit Derivatives
KMV Moody’s
CreditRisk +
Counterparty Risk

Module 3 Operational Risk and Liquidity Risk
June 3-4, 2020

Operational Risk Management
Framework for Operational Risk Management
Key Risk Indicators
Heat Maps
Operational Risk Self Assessment (ORSA)
Building a Loss Database
Using External Data
Mitigation of Risk
Capital Requirements for Operational Risk (Basic Indicator, Standard Method and AMA)

Liquidity Risk Management
BIS recommendations on Liquidity Risk Management
Gap analysis
Additional Liquidity Monitoring Metrics
Net Stable Funding Ratio
Liquidity Coverage Ratio
Funding analysis
Liquidity Risk and the Sub Prime Crises
Market Liquidity Risk

The course is relevant to

Anyone wanting a deep as well as a broad knowledge of how to measure and manage risk in a financial institution; among others:

- Risk Managers
- Internal Auditors
- Financial Authorities
- Middle Office Employees
- Back Office Employees
- Analysts
- Consultants
- Compliance
- Treasurers
- Regulators
- Operations
- Account Managers

Course Prerequisites

The education requires an introductory understanding of risks in the financial industry. You will be asked to read relevant literature and solve exercises in between the modules. After the final module there will be an exam.


Jørgen Just Andresen


Date 15 Apr 2020 - 4 Jun 2020
Course days 6
Location Oslo
Language English
Level Intermediate
Price 38.000 NOK. The price includes course material, lunch, refreshments, exercises in between modules, reading material and exam.