• Discover a "dark nature" of tail risk, how systemic and til risk events can unfold and what their key drivers are.
• Understand limitations of traditional risk management strategies, methods and tools to address "Black Swans" challenges.
• Learn what is needed to deal with unmeasured, unpredicted "unknown unknowns" and how to build the robust tail risk management framework which provides three lines of active enterprise-wide defence against extreme risk events.
• Learn how to implement comprehensive tail risk crisis mitigating approach and various solutions which mitigates the impact of tail risk event when it strikes.

Course Highlights

• To provide an answer to a question that appears to be a central after the global financial crisis has shaken the world: What changes in the current risk management practice are needed to provide a reliable protection against systemic and tail risks?
• To equip participants with practical knowledge of how to build the robust tail risk management framework.
• To offer a detailed description of various solutions, methods and processes included in the tail risk management arcitecture that help efficiently identify, manage and mitigate the impact of extreme risks in financial institutions.

Course Tutors

LONDON & NEW YORK

Dr Evgueni Ivantsov, Head of Portfolio Risk and Strategy, HSBC