Training Objectives

By the end of the programme delegates will be able to understand:

• What the key risks are and how they are mitigated
• The fundamentals of the tranching and rating process
• How rating agencies approach estimating the credit riskiness of an asset pool
• How the ‘waterfall’ works with amortising pools, the standard structure and its consequences
• The motivations of issuers and investors

Training Outline

• The key steps in the process 
• How the tranching and rating is done 
• The ‘waterfall’, the standard structure, amortising assets and its consequences 
• Determining the credit riskiness of a pool 
• An outline of the major sectors – RMBS, Auto, CLOs, etc. 

Who Should Attend

The programme is ideal for:

• C-Level Executives and Senior Managers in Investment Firms
• Compliance Officers
• Marketing Managers and Officers
• Sales and Business Development Executives
• Internal Auditors
• Internal Lawyers
• External Auditors, Lawyers and Financial Consultants

Training Style

Most of the key points are conveyed by a carefully structured set of clear diagrams; questions and discussion are strongly encouraged. There is a case study of a recent issue from one of the major sectors  

CPD Recognition

This programme may be approved for up to 5 CPD units in Banking and Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.

In-house Training

For groups within the same organisation, this course may be customized to meet any specific needs and delivered in-house.