About This Event
“Use derivatives on purpose, and know exactly where not to.”
Trains senior officials in the appropriate use of derivative instruments to hedge interest rate, currency and credit risk within reserve portfolios, and in knowing where derivatives should not be used.
What You'll Explore
A derivatives policy ready for board approval
Working command of futures, forwards, swaps and options for reserves
A collateral and counterparty management approach under ISDA/CSA
Hedging strategy for interest rate, currency and credit risk
A clear view of where derivatives should not be used in your reserve portfolio, and why
Who Should Attend
Open to all qualifying staff — particularly: Portfolio Managers, Chief Risk Officers, Investment Committee Members.
Why This Course Matters
Instruments, Understood
Know futures, forwards, swaps and options well enough to use them deliberately.
Collateral Discipline
Manage counterparty and collateral exposure under ISDA / CSA terms with confidence.
Board-Approved Policy
Leave with a derivatives policy ready for board approval, not a theoretical framework.
Programme
Day 1
Derivatives fundamentals: futures, forwards, swaps, options
Learn what each instrument is actually for, not just how it is priced.
Day 2
Interest rate hedging strategies for reserve portfolios
Match the hedge to the exposure.
Day 3
Currency hedging & cross-currency swaps
Learn where they solve a real problem and where they introduce a new one.
Day 4
Counterparty & collateral management (ISDA / CSA)
Learn the documentation and margining mechanics that determine whether a hedge actually protects you.
Day 5
Derivatives policy design & board approval workshop
Leave with a policy ready to present, not a draft that still needs work.
Standards & Faculty Benchmark
ISDA documentation standards
Referenced directly in this course's curriculum design.
Basel Committee derivatives risk guidance
Market, credit, operational and FRTB risk principles underpinning the risk-track courses.
ISDA documentation standards and Basel Committee derivatives risk guidance are what any counterparty or auditor will expect your derivatives policy to reference.
Is This Right for You?
- ☑You manage or approve derivative use within reserve portfolios
- ☑Your institution needs a formal derivatives policy
- ☑You need practical, not theoretical, hedging technique
Good to Know
Focused on approving and governing derivative use, with practical instrument grounding rather than pricing-model derivation.
The Bottom Line
Use derivatives deliberately where they help, and be able to say precisely why you are not using them where they do not.
Recommended For
Open to all qualifying staff — particularly: Portfolio Managers, Chief Risk Officers, Investment Committee Members.