Course Highlight

Treasury management is the management of an enterprise's holdings, with the ultimate goal of managing the firm's liquidity and mitigating its operational, financial and reputational risk. 

A treasurer has a broad range of responsibilities in the modern corporation ranging from cash management to risk management.  Further, the treasurer is responsible for the proper movement of potentially large amounts of funds and the construction of hedges, which call for the integration of a comprehensive set of set of controls in a broad-based framework.

This 2 day course explores the scope and techniques used by the treasurer and the treasury department!  

• We learn the various methods on how an organisation handles and manages cash and working capital.
• We cover what the treasurer does to raise debt and Equity as well as how to invest funds and the effects on the cost of capital.
• We learn the basics of Financial markets and risks associated when operating in and raising or investing Funds
• We address an increasingly important aspect of treasurer responsibility which is risk management. This includes the objectives and strategies of both interest rate, FX management, as well as the available risk mitigation tools that are available by the treasurer.    We focus also on some technical aspects of the treasury management job such as clearing and settlement and Custody.  

Recommended background

This course is open to anyone who needs a clear understanding on treasury management, the tools used, the financial instruments of raising liquidity, how to operate in these markets and the dinancial instruments for risk managment.   You could be working either as new recruit or as experienced staff with new responsibilities, wanting to broaden your perspectives by adding this knowledge and wider management skills.

What you will learn

It provides you with a unifying framework for understanding treasury management. The course will examine the most commonly used methods used by the treasurer, the way in which risk products and derivatives are used, the growing importance of these products as well as the current regulatory and compliance issues. Benefit from learning how to calculate the benefits and risks of using forward, options and swap contracts.

Course format

Besides the course materials provided on the day, all course resources are available online, including audio and video material from industry experts.  A discussion forum is available allowing delegates to exchange ideas, reflect on learned issues or raise questions in between training dates.

Practice-based learning and critical engagement is a key theme through all our courses allowing delegates to acquire the needed skills and techniques to be applied as soon as they are learned and developed.

• Besides the course materials provided on the day, all course resources are available online, including audio and video material from industry experts.  A discussion forum is available allowing delegates to exchange ideas, reflect on learned issues or raise questions in between training dates.
• Practice-based learning and critical engagement is a key theme through all our courses allowing delegates to acquire the needed skills and techniques to be applied as soon as they are learned and developed.

Introduction

The Treasury Department

The Corporate role of the treasury department, controls and structure. 

Short term Treasury Management 

•  Cash forecasting, concentration, working capital management and controls and transfer methods, financial sources and ratio’s.   

Mid & Longer-term Treasury Management and Maximization of Shareholder wealth

• Treasury:  The Corporate - The Financing Role & impact on the Cost & the Capital Structure – WACC
• Treasury:  The Finance Choice (Types of Debt/Loans versus Equity and Bank Relations) 
• Understanding Financial Markets for short and long-term fund raising & investments. 
• Treasury: The investment management of excess funds & Associated Risks

Treasury - Risk Management: 

Intro to risk management and exposures. 

Types of exposures and exposure estimation. 

• Foreign Exchange (Translation, Transaction & Economic Exposure)
• Interest rate Risk
• Credit & Counterparty Risk 
• Liquidity Revisited. 

Mitigating Financial risk and Hedging strategies

Case study -  Determine Exposure    

The tools used to mitigate the treasury & financial risk 

• Forwards & Futures: Concept and Case
• Options:  Concept and Case
• Interest Rates Swaps: Concept and Case.

Closure

A course with 10 participants is very good to favour the interactivity. Thanks for the perfect course content and lecture.

Very good course, teacher, and approach. Material available on-line prior the course + request to the participants about their expectations from the course.

A pleasant and knowledgeable instructor with a lot of interaction among participants.

An excellent course for people like myself.

Congratulations! Very well done. Nothing more to add.

I really appreciated the empathy and skills of the lecturer Bruno Bosch. Also, the size of the group (7 persons) was perfect to have the necessary interactivity throughout the course.

I strongly recommended this training to my colleagues as I found it very useful.

I think this was one of the best course I've ever attended. The trainer, Mrs Maureen, was extremely pedagogic and the structure of the course was very well planned with just the right mixture of theory versus practical examples and exercises.

It was a very enjoyable course. The group was small which made it easier to be 100% involved.  The exercises and case study were absolutely great and necessary to put the theory in practice. A very knowledgeable teacher.

It was nice to have a lecturer with profound knowledge on the topic so that the level of discussion could go further than the simple basics of valuation.

Lecturer had good understanding of the subject and good understanding of practical application.

Perfect for me. Exactly what I was looking for.

Thank you for the training, which was very clear and met my needs.

The course absolutely answered my expectations and needs.

The lecturer is a knowledgeable person with real market experience which is a plus.

The lecturer is excellent. She explained clear and control good interaction with students.

The training format and takeaways corresponds to what I expected. Thanks for the good preparation

Theoretical explanations good and with good interaction with audience.

There were lots of real life examples and relation to peoples own industries.

This was an excellent course and Kris made it very interesting and useful. He is highly knowledgeable, skilled and open to suggestions.

Thumbs up Maureen!

Very good and interesting training. One of the best I ever had.