Operational Banking, Risk Management and Governance

Upon completion of this course, you will be able to:

• Explain the core activities of central banks.
• Discover the ways in which central banks manage risk.
• Examine the issues affecting the governance of central banks.
• Implement an Action Plan at your workplace using the knowledge and skills acquired through the course.

Content:

Activities and Responsibilities of Central Banks

• Overview of key functions
• Policy instruments
• Regulatory role
• The challenge of Fintech

Central Banking Risk Management

• The range of risks
• AML-CFT risk management framework
• The impact of Big Data
• Economic forecasting

Central Banking Organization and Governance

• Mission and values
• organization and decision-making
• The pillars of central bank governance
• Developing a communication strategy

Innovation in Central Banking

• The need for Innovation
• Framework of innovation in Central Banking
• Innovation hubs

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.