University College Dublin
Express an interest
If you are interested & require further information, we will email you a copy of the programme brochure.
Before you continue...
As you are not registered with us, you will need to upload proof you can enrol to this programme.
I know, let’s sign upI have an account, let me sign in firstProfessional Diploma
Advanced Banking Risk Management
Apply now for Summer Trimester 2022/2023
At a glance
The Professional Diploma in Advanced Banking Risk Management is the market leading, risk management programme designed specifically for senior risk management professionals who are working in roles in banking, funds, regulatory authorities and those providing risk management advisory services.
It covers a broad technical curriculum encompassing the key conceptual foundations of banking risk management and it will enable participants to think strategically in order to manage the key risks in accordance with the bank’s competitive advantages and risk appetite.
Awarding Body
Who is it for?
Banking and financial institutions’ senior risk and compliance professionals who are members of the bank risk committees and related roles including, but not limited to, governance, risk, regulatory and liquidity committees.
Banking, financial and regulatory institutions’ senior risk and compliance professionals who are working in risk and compliance roles including;
Compliance
Credit review
Capital and credit modelling
Conduct risk
Asset and liability management
Market risk
Operational risk
Internal audit
Legal
Finance
Technology
Change management
Risk professionals working in the Central Bank of Ireland, National Treasury Management Agency, accountants, business consultants, lawyers and other professionals who provide risk management advisory services.
This programme qualifies for IFS Skillnet funding.
Download the Professional Diploma in Advanced Banking Risk Management brochure
How you will benefit
This programme will support your professional development and provide you with;
An internationally recognised university qualification at master’s degree level from University College Dublin
At the strategic level, an understanding of the sources and nature of the key risks inherent in the banking model and the inter-relationships between those risks, the bank’s competitive advantage, capital requirements, regulatory requirements and customer imperatives
An understanding of corporate and risk governance and its relevance within the overall business context including global best practice governance standards
The current global best practice risk management approaches used by banks to identify, measure, mitigate and manage these risks in an enterprise-wide risk context
The technical risk skills and knowledge to critically evaluate and implement practical solutions to the key risk challenges facing banks’ senior management teams
An understanding of the regulatory imperatives that drive risk management in banking and an understanding of what regulators are seeking to achieve.
Continuous Professional Development
If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.
IFS Skillnet
This programme has IFS Skillnet funding available for certain companies. You should check if your company has IFS Skillnet approval.
Please note funding available for modules running up until end of 2022 only, a new application will be required for modules running in 2023 if funding is available.
The availability of funding for modules in future trimesters will be confirmed in advance of their commencement.
Tax relief may be available to candidates who are paying fees in a personal capacity. Further information is available from www.revenue.ie.
Professional Diploma in Advanced Banking Risk Management - IFS Skillnet form
View the IFS Skillnet Checklist
Note: Students without IFS Skillnet funding should apply using the Apply now button above.
Fees
€4,790
IFS Skillnet member - €3,500
Award
Professional Diploma in Advanced Banking Risk Management from UCD.
This is a level 9 qualification on the National Framework of Qualifications and carries 30 ECTS.
Duration & delivery
Delivery is online
Assessment
Assessment is a combination of continuous assessment and written exams.
Next intake
Summer Trimester
Closing date
26 May 2023
Start date
06 June 2023
Contact
For more information please contact [email protected]
Modules and learning outcomes
Risk Governance, Culture, Business and Enterprise Risk Management
(NFQ level 9, 10 ECTS)
At the end of this module, participants will understand: Corporate governance, including best practice governance standards. The board responsibilities and expectations of the risk management function. Risk governance frameworks, risk appetite statements and risk policies. The duties of directors under common law, company law and the Central Bank’s Corporate Governance Code for credit institutions. The impact of culture, leadership and behaviour on risk profile and the effectiveness of risk management. The Central Bank’s fitness and probity standards. The role of audit and risk committees, particularly in relation to risk management and an organisation’s system of internal controls. The challenges in setting executive director levels of pay and the link between executive remuneration and excessive risk-taking. Banking model risks. Single Supervisory Mechanism. Enterprise Risk Management (ERM). ERM frameworks and how such frameworks are implemented. Approaches to risk integration and aggregation.
Regulatory and Economic Capital Management, Credit Risk and Pricing for Risk
(NFQ level 9, 5 ECTS)
At the end of this module, participants will understand: Capital planning and scenario planning. The different types of capital instruments. CRD IV. Risk-weighted assets. Regulatory capital. Economic capital. ICAAP and stress testing. Risk and return methodologies. Principles of credit risk management. Credit risk management framework. Credit models. Customer grading and scoring. Calculation of impairment provisions. Relevant regulation.
Strategic Operational Risk, Conduct Risk and Reputational Risk Management
(NFQ level 9, 10 ECTS)
At the end of this module, participants will understand: The requirements and responsibilities of conduct risk management. Conduct risk frameworks, conduct risk appetite statements, measurement methodologies and global best practices. Operational risk as a risk management discipline in its own right. The distinction between operational risk, credit risk, market risk and Sarbanes-Oxley. The Basel III operational risk implications. Operational risk capital calculation methodologies. Reputational risk and its importance as the top strategic business risk.
ALM, Liquidity and Market Risk
(NFQ level 9, 5 ECTS)
At the end of this module, participants will understand: The role of asset and liability management. The main pre-crisis practices in liquidity risk management that led to unstable balance sheet structures. How the regulatory landscape has changed in response and the resulting new requirements. The impact of current regulatory developments on balance sheet structures. The underlying risks inherent in a balance sheet, e.g. liquidity risks, interest rate risks etc. The critical evaluation of the strategic considerations of balance sheet management under various different scenarios. Market risk, crisis and regulation. Value at risk. Derivative markets: size and turnover. Counterparty credit risk. Interest rate risk in the banking book.
Key Dates
This programme enrols three times a year.
Summer Trimester
Closing date
26 May 2023
Start date
06 June 2023
MSc Pathway
This programme is included in the Pathway to the MSc in Financial Services
Requirements
Students seeking admission to the MSc Pathway or its constituent programmes must possess:
An Honours degree (second class honours grade 2 award or higher)
or
Admission may also be considered for experienced professionals who do not meet the admission requirements as set out above, where they can demonstrate knowledge through their work i.e. they have more than 5 years’ experience in a management role (to be considered on a case by case basis).
Professional body membership
You must be a current member of IOB, or become a member, to undertake this programme.
Celebrating 125 years of learning
1898 | 2023
IOB was founded in 1898 by a small group of financial services professionals. Today we are Ireland's largest professional membership community.
Join IOB today