Reverse Stress Testing
An in-depth discussion of ways to assess and enhance existing frameworks
15-16 Sep 2020
London, United Kingdom
- Why You Should Attend
Reverse Stress Testing
To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop style set
Reverse stress tests analyse the robustness and viability of business models under a range of circumstances. The objective is to identify and analyse scenarios in which the business model of a financial service firm is no longer viable and to derive mitigating actions. Following the financial crisis all major regulators now require financial service firms to complement their “normal” stress tests with reverse stress tests. Nevertheless an industry practice is still emerging. Implementations are often in an early state and vary widely in scope, nature and complexity.
This makes it difficult for risk managers, auditors, treasury managers, compliance managers, executives and other interested parties to assess what good (and not so good) looks like and how the current practice can be further enhanced. Against this background the course introduces typical building blocks of reverse stress tests and discusses ways to assess and enhance existing frameworks.
How will you benefit?
The programme is organized around four parts: The first part builds the theoretical foundations, it defines Reverse Stress Testing (RST) and introduces key considerations. The second part brings these considerations together in a coherent process orientated framework. Each delegate can later tailor all or parts of this framework to his/her firm’s needs. The third part includes the (post mortem) application of RST via interactive case study work. The final part acts as a learning control and focuses on the learning transfer.
About your expert trainer:
The course is run by Prof. Michael Eichhorn. Michael has over 20 years of risk management experience, working both as a risk practitioner and in academia. Since 2014 he is working as the Global Head of Treasury & Liquidity Risk at Credit Suisse. Before that he worked for eight years at RBS, inter alia as the Group Treasury CRO and Global Head of Market Risk, Wealth Management Division. Before that he worked for three years at Volkswagen Financial Services and four years at a German Savings Bank as a risk manager and auditor.
Michael holds a Ph.D. in Business Administration from the University of Lueneburg, Germany. After working as a scientific assistant, visiting lecturer and visiting professor he was recently appointed as an honorary professor at Harz University, Germany. Michael is a regular conference speaker and author of more than 50 publications covering various Risk and Treasury topics. He has published on Reverse Stress Testing, introduced his thinking and the framework which he developed with a practitioner and fellow researcher from the University of Basle at different industry conferences and in business schools in Germany, Switzerland and the UK.
A detailed questionnaire will be sent to all course participants to establish exactly where the group training needs lie. The completed forms will be analysed by the course leader/trainer and followed by telephone if further clarification is required. As a result we can guarantee that the course is pitched at exactly the right level and that the issues that you regard as relevant are addressed. The course material will reflect these issues and will enable you to digest the subject matter after the event in your own time.
Who should attend?
From Banks, Consultancies and Solution Providers
• Risk Managers
• Stress Testing Managers
• Compliance Managers
• Model Validation
• Treasury Managers
• Quantitative Analysts
• Enterprise Risk Managers
• CFO’s & CRO’s
• Board Members
- Key Topics
- Gain insight on how to use RST to benefit from uncertainty and inform your strategy
- Understand the hidden vulnerabilities of your business model
- Gain a proven generic framework that can be tailored to your needs
- Consider the interplay between different risks, liquidity and capital
- Understand ways to optimize your RST
- Why Choose GFMI marcus evans?
marcus evans specialises in the research and development of strategic events for senior business executives. From our international network of 63 offices, marcus evans produces over 1000 event days a year on strategic issues in corporate finance, telecommunications, technology, health, transportation, capital markets, human resources and business improvement.
Above all, marcus evans provides clients with business information and knowledge which enables them to sustain a valuable competitive advantage and makes a positive contribution to their success.
- Voice of Our Customers
- “Very good, insightful and I learnt a great deal. Michael has also offered to be available for follow-up questions after course” ICBC Standard Bank
- “Excellent overview and latest status on RST. A lot of useful info” Euroclear
- “This is probably one of the best courses i've ever taken. The amount of effort that Michael has put into preparing the course and materials is impressive. Bringing the guest speakers was great” European Investment Bank
- “Very well prepared” Glencore
- Join the Discussion
- Event Contact
For all enquiries regarding speaking, sponsoring and attending this conference contact:
101 Finsbury Pavement, London, EC2A 1RS
Telephone: 0044 203 002 3172