Successfully managing risk is a fundamental requirement for any effective business. In financial services it is a critical component. Part of the responsibility for the credit crisis in Cyprus is widely attributed to a poor understanding of risk.

CIIM is offering the Chartered Institute for Securities & Investment (CISI) Risk in Financial Services qualification training seminar on 24 and 31 May 2013.

The Risk in Financial Services qualification has been developed to provide delegates with a broad understanding of the key risks that arise within the financial services industry. Candidates will be introduced to all the major risk areas in financial services. The content of the training provides delegates with a clear benchmark to demonstrate that they have acquired the necessary knowledge to carry out their job roles competently. The following areas will be covered:

• Principles of the risk management framework

• Corporate governance and risk oversight The qualification also covers specific techniques used in identifying, reducing and managing specific risks in the following areas:

• Operational risk

• Credit risk

• Market risk

• Investment risk

• Liquidity risk

The Risk in Financial Services qualification has been developed to provide delegates with a broad understanding of the key risks that arise within the financial services industry.

The qualification will be awarded after passing the compute based exam at CIIM.

This exam is awarded by the CISI, a charity registered in the UK, which is the premier supplier of financial services qualifications to the securities and investment industry. Over 40,000 exams are taken each year.

For further information please contact CIIM at 22462246 or visit www.ciim.ac.cy.