Bank Risk Governance & Regulation

Risk management is a core competency of banks. Recent events such as the financial crises and major compliance breaches demonstrated that risk governance (including risk culture and risk strategy/appetite) is still not fully developed at many firms. Thus this course is focused on the qualitative elements of risk management, involving extensive group work and up-to-date case studies.

Learning objectives

Upon completion of this course, you will be able to understand the following concepts and their application in practice

  • Governance of risk management (Three lines of defense model, role of the CRO/CFO, roles of risk committees, link to compliance, internal audit and other functions)
  • Risk strategy and appetite
  • Risk culture
  • Regulatory requirements on risk governance aspects

Key concepts

  • Principal-Agent theory
  • Three lines of defense concept
  • Corporate Governance Principles
  • Risk Culture

Course format

This course is offered in the part-time Master in Finance program and may be attended on a “no-credit” basis by individuals not enrolled in the program. Course participants are visitors who are not responsible for assignments and do not take an exam. As the number of seats in the course is limited, we recommend to register online early.

Prof. Kaiser has been teaching master students on risk management for more than 20 years. In his long-time affiliation with KPMG, he was responsible for advising leading banks and insurance companies globally on Non-Financial Risk Management. Prof. Kaiser has also worked for Deutsche Bank, Commerzbank and HypoVereinsbank on Operational Risk and with WestLB on market risk topics.

Prof. Kaiser is currently editing a volume "Non-Financial Risk Management Post COVID-19". He is co-author of "An Introduction to Operational Risk" and co-editor of "Reputational Risk Management in Financial Institutions" and has written numerous articles. He is an associate editor of the "Journal of Operational Risk" and a regular speaker on Risk Management at national and international conferences as well as a member of the advisory board of FIRM (Frankfurt Institute of Risk Management and Regulation).

Contact

Ludmila Ketterer

Senior Manager -
Master in Finance & Open Programs

  +49 69 798 33512

  E-Mail

Key Facts

Course materials
Course materials will be provided in electronic form.

Course language
English

Course fee*
€ 950 (fee is exempt from VAT). The fee for GBS students and alumni amounts to 400 €.

Certificate of participation
A Goethe Business School certificate of participation is awarded upon completion of the course.

Venue
Partially online via Zoom and Campus Westend of Goethe University Frankfurt.

*Withdrawal and fee refund

In case the course withdrawal request is received two weeks prior to the start of classes, GBS will retain a withdrawal fee of € 50. In case the course withdrawal request is received less than two weeks prior to the start of classes, GBS will retain 50% of the payment made.

Course Schedule

DateSessions
Sat., June 5, 202118:00-20:00
Fri., June 19, 202114:30-16:30
Sat., July 3, 202109:00-11:00
Sat., July 17, 202109:00-11:00 11:30-13:30
Sat., July 24, 202014:30-16:30
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Program Registration

Register for "Bank Risk Governance & Regulation"