To ensure we meet your expectations and maximise your return on training investment, we favour a classroom/workshop set up for the delivery of our courses. Please note we have therefore limited number of spaces available and these will be assigned on a first come, first accepted basis. We recommend early booking to avoid disappointment.

“Assess effective risk management techniques

to successfully run a counterparty credit

desk through a crisis…“

How will you benefit?

• Full explanation of quantifying credit value adjustment (CVA)

• Best practice for managing counterparty risk in a financial institution and how to charge for counterparty risk

• Learn about netting together with incremental and marginal CVA

• Full coverage of practical hedging aspects and measuring counterparty risk at a portfolio level

• Gain insight on implementation of counterparty risk systems

• Understand the intricacies and how to deal with wrong-way counterparty risk

• Get the latest ideas on bilateral counterparty risk (DVA) and whether to use it in practice

• Hear about the latest ideas and thinking on central clearing

About your expert trainer:

Dr Jon Gregory is a consultant specialising in the area of counterparty risk. He started his career at Salomon Brothers (now Citigroup). From 1997 to 2005, he worked for BNP Paribas, initially developing the framework for the pricing and management of counterparty risk for the fixed income division and later being part of the rapid growth of the credit derivatives business. From 2005 to 2008, he was Global Head of Credit Analytics at Barclays Capital based in London. He has published many papers in the area of credit risk, recently looking at some of the complex counterparty risk issues in relation to the credit crisis. In 2001, he was co-author of the book “Credit: The Complete Guide to Pricing, Hedging and Risk

Management”, short-listed for the Kulp-Wright Book Award for the most significant text in the field of risk management and insurance. He is also the author of the recent book “Counterparty credit risk: the next challenge for the global financial markets” published by Wiley Finance. Jon holds a PhD from Cambridge University.

Pre-course questionnaire:

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 Investment Banks, Financial Services Providers, Asset

Managers, Brokerage Firms, Hedge Funds, Consultancies and

Solution Providers:

Heads, managers, Advisors and market Players in:

• Counterparty risk

• Exposure management

• Traders, structurers and salespeople

• Credit risk and control

• Financial engineers / quantitative analysts

• Risk management

• Product control

• Collateral management

• Technology

• Middle office

• Legal