Finance Risk
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Finance Risk

This course provides a comprehensive overview of risk management principles, focusing on identifying, analyzing, and mitigating financial risks in various market conditions. Through real-world case studies and quantitative tools, students gain practical skills to manage credit, market, and operational risk effectively.
Risk Management Unit Standards

US 242608 – Design Risk Financial Solutions

This Unit Standard is intended for Internal Audit Managers, Senior Financial Managers, Directors of Companies, people involved in corporate financial planning, Risk Managers and Intermediaries who operate at corporate, commercial and industrial level. It enables learners to design risk financial solutions to meet the needs of specific corporate, commercial and industrial clients and to optimise productivity and efficiency of resources.

The qualifying learner is capable of:

  • Explaining the consequences for an organisation that does not strategise risk appropriately.
  • Analysing the capacity of an organisation for risk.
  • Applying technical knowledge and skill to explain business risks in medium to large organisations.
  • Explaining how an organisation's risk appetite influences the financing of risk.
  • Researching options or strategies to finance risks.

US 242602 – Alternative Risk Transfer

This Unit Standard is intended for Auditors, Business Relation Consultants, Risk Managers, Financial Managers, Financial Service Providers, Bankers, Compliance Officers, Brokers and Intermediaries who give advice relating to risk finance and/or work in the field of Risk Management.

The qualifying learner is capable of:

  • Explaining the concept of alternative risk transfer.
  • Analysing options for transfer of risk to internal control/management mechanisms.
  • Analysing insurance alternatives for risk transfer.
  • Analysing the financial alternatives for risk transfer.

US 242562 – Risk Transfer vs Insurance

This unit standard is intended for Brokers and Intermediaries who give advice relating to risk finance and to learners who work in the field of Risk Management.

The qualifying learner is capable of:

  • Explaining the concept of risk transfer as opposed to insurance.
  • Explaining the limits of insurance and risk retention/risk transfer parameters.
  • Explaining the different facilities involved in risk transfer.
  • Proposing an insurance solution to transfer risk in a business entity.

US 242554 – Conduct Financial Risk Research

This Unit Standard is intended for learners who are required to do wide research of background information to support a financial recommendation or decision. It will be useful for Intermediaries, Researchers in Financial Organisations, Actuaries, Underwriters, Technical Specialists and Experts in the Financial Services Sector, learners in Medical Schemes and Retirement Funds, Product Development, Retirement Consultants, Financial Planners, Bankers, Risk Assessors, Broker Consultants and learners in Managed Care Organisations and Retirement Fund Administrators.

The qualifying learner is capable of:

  • Analysing the research required to conduct a financial risk assessment.
  • Conducting an information search to answer questions raised by a brief.
  • Selecting information in order to produce a research report.
  • Organising and presenting the findings of the research.
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