From the poorest of countries to the richest of nations, education is the key to moving forward in any society.
RISKWORX ACADEMY
Our Banking Simulations
and bespoke training courses
make the Academy's offering
a unique experience.
Our training focuses on enabling our clients to improve their services by embedding new skills and capabilities into their organisations, particularly regarding regulatory requirements and quantitative modelling. Riskworx quantitative consultants run the training, harnessing our combined experience of more than 120 years.
We can apply our training expertise to your graduate programme.
ABOUT Riskworx Academy
The Riskworx Academy was formed with the following goals in mind:
01
To equip young graduates to become productive members of the financial community.
02
To provide specialist training courses in those Financial Risk disciplines where Riskworx provides their professional services.
03
To enable new entrants to the banking community to have a deeper understanding of the banking environment.
04
To provide Financial Literacy training to everyone who has the potential to help grow the economy.
All these goals have one thing in common; To nurture the minds that shape a better financial world.
OUR PHILOSOPHY
There is no learning
without action and no
action without learning.
Our training is practical and hands-on; intense but never without the element of fun—we call this “serious play”.
OUR APPROACH
Training should be current,
relevant and delivered by
specialists...
who have been at the coal face of the financial landscape. We utilise our combined years of experience as subject matter experts to ensure that we are not dumping content but instilling useful knowledge.
BANKING SIMULATIONS
Get virtual work experience with Riskworx Academy’s online banking simulations.
Take Risks. Make Mistakes. Learn Fast. Grow future leaders with simulations tailored to experience, expertise and environment that give them key skills in regulatory compliance and risk management.
Virtual banks. Virtual risks. Real experience. Run a full-service bank. Detangle complexities and outdo competitors. Fight for market share while managing risks.
Give your team full control of the bank. Use the latest financial statements and current market conditions, but none of the danger. They learn faster when faced with the real implications of bad decisions.
Simulations - not spreadsheets - are the closest you can get to the real thing, with none of the risks.
Learn more about the Academy's
“The 360 degrees of Banking” course based on the SimArch banking simulation tool.
“The 360 degrees of Banking” course based on the SimArch banking simulation tool.
Syllabus
Syllabus
The Riskworx Academy
Learning Pyramid
Financial Modeling
Hands-on building of financial models
Online banking simulations
Scenarios
Dynamic scenario analysis
Stress tests
Risk Management
Measuring and managing risk
Funds Transfer Pricing
Banking Regulation
Basel II, III and beyond
Capital Requirements, CAR, LCR and other ratios
Risks in Banking
The big 5 (IRR, MR, CR, LR, OR)
ERM, ALM & ALCO
The Treasury Department
Why Treasury is the bank’s bank
Shortfall Funding, debt, investment of cash surplus
Financial Instruments & Interest rates
Retail, corporate, investment and treasury instruments and how they are used
Inter-relationship between departments
How the bank makes money
Inter-relationship between departments
Financial Literacy
Expenses vs debt /cash vs income, etc.
Understanding financial statements
Financial
Modelling
Modelling
What if
Risk Management
Banking Regulation
Risks In Banking
Risks In Treasury
Financial Instruments & Interest Rates
How a Bank Works
Financial Literacy
The Academy offers single-client training, to ensure that our course material is focused on our client’s specific requirement. We have a list of standard courses (click here for details) but more often than not we tailor our course content to meet specific syllabus requirements.
When it comes to scheduling the courses, our approach is “to train when training is needed”, meaning that when an institution has a window available for training, we will endeavour to provide the training in that window period or as close to those dates as possible.
01
Financial Literacy
Expenses vs debt /cash vs income, etc.
Understanding financial statements
02
Inter-relationship between departments
How the bank makes money
Inter-relationship between departments
03
Financial Instruments & Interest rates
Retail, corporate, investment and treasury instruments and how they are used
04
The Treasury Department
Why Treasury is the bank’s bank
Shortfall Funding, debt, investment of cash surplus
05
Risks in Banking
The big 5 (IRR, MR, CR, LR, OR)
ERM, ALM & ALCO
06
Banking Regulation
Basel II, III and beyond
Capital Requirements, CAR, LCR and other ratios
07
Risk Management
Measuring and managing risk
Funds Transfer Pricing
08
Scenarios
Dynamic scenario analysis
Stress tests
09
Financial Modeling
Hands-on building of financial models
Online banking simulations
The Academy offers single-client training, to ensure that our course material is focused on our client’s specific requirement. We have a list of standard courses (click here for details) but more often than not we tailor our course content to meet specific syllabus requirements.
When it comes to scheduling the courses, our approach is “to train when training is needed”, meaning that when an institution has a window available for training, we will endeavour to provide the training in that window period or as close to those dates as possible.
Financial Literacy
Education is the most powerful weapon you can use to change the world. Nelson Mandela
Financial Literacy
Living by the Riskworx credo, Financial Engineering for a Better World, the
Riskworx Academy is looking to partner with sponsors to achieve the lofty goal of bringing Financial Literacy training to 1 million entrepreneurs and SMEs over the next 5 years.
Training is done using a cloud-based cashflow management tool to ensure that the training is hands-on and that trainees can continue using the App afterwards to manage their finances in future. The App has both an individual version (for managing personal finances) as well as an SME version, where it caters for aspects such as staff, stock, debtors and creditors etc.
If you or your company want to join the drive towards “Financial Literacy for all”, contact us.
Financial Engineering
For a Better World
The Riskworx Academy is a bank SETA accedited Training Provider | Provider Accreditation Number: BANK - Rwdsr201215