Understanding Financial Risk

In this webinar we are going to delve into understanding five financial risk categories; market risk, liquidity risk, credit risk, business risk and investment risk. Each of these have their own sub-risk categories which include: -

• Market risk - equity risk, interest rate risk, currency risk, and commodity risk, inflation, volatility and systemic risks
• Liquidity risk - refinancing risk, deposit risk and margining risk
• Credit risk - settlement risk, concentration risk, sovereign risk and default risk
• Business risk – reputational risk, operational risk, country risk, political risk, legal risk and moral hazard
• Investment risk – model risk, execution risk and valuation risk

The webinar also includes many examples of actual events/mini case studies over the past few decades to illustrate the various risks.

Why Should You Attend:

• Without the knowledge provided in this webinar, professionals and companies risk making uninformed decisions that could lead to significant financial losses.
• They may fail to identify and mitigate market fluctuations, liquidity issues, or credit defaults, exposing themselves to avoidable risks.
• Additionally, they might overlook critical sub-risks, such as operational or reputational risks, leading to business disruptions and weakened investor confidence.
• Lack of understanding could also result in poor investment strategies, increased vulnerability to economic downturns, and an inability to effectively navigate complex financial environments.

Areas Covered in the Webinar:

• Introduction to financial risk
• Market risk
• Liquidity risk
• Credit risk
• Business risks – Part 1
• Business risks – Part 2
• Investment risk

Who Will Benefit:

• Financial professionals, including risk managers, investment analysts, and portfolio managers
• Business executives, CFOs, and decision-makers involved in asset management or financial planning
• Entrepreneurs and business owners seeking to understand and mitigate financial risks
• Consultants and advisors in finance, accounting, and business strategy
• Students and academics in finance, economics, and business studies

Stanley Epstein
Company Director & Principal Associate, Citadel Advantage

Stanley holds a Master’s degree in Economics and a BCom. degree in Accounting from the University of South Africa, Pretoria. He has had extensive banking and IT experience, 33 of which were with the Standard Bank of South Africa. He also filled several industry level roles in South Africa. This included that of Chairman of the South African interbank PASA Risk Committee, member of the South African Clearing Bankers Association’s ERAG Group and of having represented South Africa at UNCITRAL (United Nations Commission for International Trade Law) in New York, during the 1990s in the formulation of the foundational international legal concepts for electronic banking.

He has had extensive exposure to banking practice and banking operations in a number of countries including the USA, United Kingdom, South Africa, Israel, Europe and Australia. He has also acted as advisor to a number of central banks on payment systems, oversight, policy and payments risk issues.

In recent years he spent time in the high-tech sector as a payment systems designer and consultant to a global payments software developer – having spent time in their Tel-Aviv, Jersey City, London and Melbourne offices.

From 2002 until 2022 he was a Director of Citadel Advantage Ltd., an international banking, risk management and training consultancy.

Today Stanley is an independent specialist and writer in banking, finance and fintech, providing consultation services and training in the areas of Operations Risk Management, Fintech, Payments, Banking and Business Processes.

Follow us :