Treasury and Cash Management

Objectives:

• Professionals directly responsible for treasury and cash management functions. Supervisory professionals responsible for monitoring financial risks, including liquidity, credit, interest rate or exchange rate risks
• Managers and financial decision makers, whose techniques for decision making and risk analysis will be improved upon by the tools, techniques, strategies and best practices offered by this programme
• Professionals directly responsible for the implementation and execution of financial decisions made by other organisational executives and senior managers, who will gain a new perspective and appreciation for corporate decision-making processes and thereby benefit from shared values within their organisation
• Those professionals with an interest in finance or aspirations to enhance their careers in the field of finance 

Outline:

AN OVERVIEW OF TREASURY MANAGEMENT

• Market volatility – establishing the need for effective treasury management
• The strategic role and scope of treasury management
• The role and functions of Asset and Liabilities Committee (“ALCO”) and other risk related committees
• Portfolio management, trading and settlement, including proprietary trading
• Establishing a treasury function along with developing a risk management strategy
• Regulation, including the international regulatory framework

FINANCIAL MANAGEMENT

• Corporate financial planning and engineering strategies and techniques
• Liability management strategies, objectives, tools and techniques
• Asset management strategies, objectives, tools and techniques
• Capital adequacy determinations
• Off-balance sheet activities and securitisations
• The role of securitisations in the post-banking crisis environment

FINANCIAL DERIVATIVES

• An overview of financial derivatives
• Forward contracts and FRAs
• Options – Types, Tools, Strategies and Risks
• Swaps – a brief overview of how they work
• Types of Swaps – Currency and interest rate swaps
• Risks and risk management – the benefits and risks of using financial derivatives

RISK MANAGEMENT

• Market risk – Understanding the various market risks that exist
• Identifying and Managing Interest Rate Risk
• Exchange rate risk – differentiating between transaction risk and translation risk
• Credit risks – Measurement and management tools and techniques
• Operational risks – Understanding the scope of operational and other associated risks
• Other risks – Legal, reputation (corporate brand) and strategic risks

CASH MANAGEMENT BEST PRACTICES AND TECHNIQUES

• Preparing  and understanding cash flow statements and financial forecasts
• Analysing and evaluating financial statements, including the use of ratio analysis
• Liquidity management
• Transfer pricing policies, including effective documentation techniques
• Netting and pooling concepts – treasury and cash management within multinational organisations
• A summary overview of the concepts of investment risks and portfolio investment returns