Financial Risk Management

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Next available date: 22 November


Risk management and control have emerged as crucial functions in the financial industry, demanding highly specialized skills that are vital to the success of financial institutions. It is the Great Financial Crisis of 2007-2009 that, given its systemic dimension, acted as a new wake-up call. And the recent bank failures (in 2023) are again reinforcing the need for professionals with the required technical expertise. The 3-day Financial Risk Management program aims to help the participants to develop essential financial risk management skills in a consistent way, with unique insights.

Note: this program can function as a (first) practical step in the preparation of exams related to globally recognized designations, such as the Financial Risk Manager (FRM) charter – for the FRM Part 1 exam.

How you will benefit

  • Understand the fundamentals of (integrated) risk management and control, including strategic risk.
  • Learn more about Key Risk Indicators
  • Explore the risk-return relationship
  • Learn more of quantitative analysis and its applications
  • Gain an understanding of the financial markets and related instruments
  • Gain practical knowledge about futures/forwards and options with a step-by-step approach
  • Explore key risk models, including specific aspects of operational risk which includes
    – Value-at-Risk (VaR): gain an overview of key approaches
    – Operational risk management: using Artificial Intelligence for concrete applications (introduction)

The program is developed in a very interactive way. Exercises and practical business cases are used throughout to illustrate the concepts.

Program length
3 days

Day 1 09:00 – 17:30
Day 2 09:00 – 17:30
Day 3 09:00 – 17:30

Is this program not the right fit for you?
We offer other programs which you might find more interesting or useful, such as:


Fundamentals of Risk Management

  • Advanced fundamentals about risk with also strategic risk including the detailed risk management process and organizational aspects (synthesizing)
  • Introduction to Key Risk Indicators
  • Illustrating several extreme situations (tail risk) also with recent cases
  • About the CAPM: Capital Asset Pricing Model with the risk-return relationship
  • (Risk-adjusted) performance measurements (including the Information Ratio)
  • Multi-factors models: the example
  • Ethics in risk management

Quantitative Analysis

  • An overview of probabilities: applications in finance
  • Basics of statistics (including several distributions and correlation discussions): detailed Normal and Student’s t-distribution analysis
  • Bayes’ applied
  • Hypothesis testing
  • Regression analysis with among others ANOVA and common issues
  • What about simulations: the basics

 Financial Markets and Instruments

  • Markets organization including the participants
  • Derivatives forward/futures, swaps & options: from simple to more complex strategies – also
    involving combinations for different purposes
  • How futures/forwards markets work: using futures/forwards with (among others) the margin process, basis risk, number of contracts needed
  • Fixed Income instruments (simple and more complex)

About Futures/Forwards and Options 

  • A step-by-step approach with increasing complexity to pricing and valuation
  • Futures/forwards: pricing and valuation explained on the basis of examples
  • Option pricing applying classic models, including a “manual” approach
  • The Greeks: about option risk management and applying delta hedging

Key Risk Models including specific aspects of Operational Risk

  • Value-at-Risk (VaR): an overview; key approaches and evaluations; analysis and decision making in relation to a specific market and VaR calculations
  • Stress-testing and what it implies in terms of scenarios: applying in the context of a large bank
  • Expected shortfall & conditional VaR
  • Key interest rate risk management elements
  • Key credit risk management elements: credit spread calculations and default evaluation
  • Specific aspects of operational risk management: the capital dimension and an introduction to Artificial Intelligence application


The Financial Risk Management program is relevant to a broad range of professionals at various financial institutions but also Corporates and Professional Investors. It is of particular interest to the following functions:

  • Financial Risk Managers (like Market Risk) with some experience
  • Risk Management Auditors
  • Senior Compliance
  • Financial Product Sales and Senior Back-Office team members

Please contact us should you feel the need to verify your level of knowledge, and/or the relevance of your work context.


Patrick Oberhaensli Financial Risk Management

Patrick Oberhaensli

Patrick Oberhaensli is a financial expert with over 30 years’ experience in banking and finance. He is the Founder and CEO of his own finance related service company, EVOLIDS FINANCE LLC. Patrick has been teaching finance courses to professionals in various specialized domains, such as the preparation to the CFA and CAIA exams, since 2009….

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  • 3 days
  • € 3750
  • Risk Management
  • English
  • NEW

Available dates

Need help?

Find your program here or contact us directly for personal advice:
Call us at +31 20 246 7140 or email us at [email protected].

Program flyer

For a more detailed program description and information regarding faculty please download the program document.

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