Corporate Treasury Risk Management for Treasury Managers Training Course

Course overview

Treasury managers are expected to protect liquidity, funding capacity and financial results while markets, counterparties and operating cash flows change daily. The challenge is not simply identifying foreign exchange, interest rate, commodity, counterparty or liquidity risk; it is setting measurable limits, selecting proportionate hedges, escalating breaches and proving that controls work. This course addresses the decisions that sit between treasury policy and daily execution, including how to turn risk appetite into dashboards, hedge proposals, funding actions and management reporting.

Participants examine corporate treasury risk across cash, debt, investments, derivatives, banking relationships and treasury operations. They learn to build liquidity scenarios and cash-flow-at-risk views, measure foreign exchange and interest-rate exposures, assess counterparty credit quality, establish limit structures, test hedge effectiveness and analyse the cost-risk trade-off of hedging alternatives. The programme also covers risk governance, segregation of duties, confirmation controls, valuation oversight, IFRS 9 hedge-accounting considerations and practical responses to covenant, refinancing and market-stress events.

Delivery combines instructor-led technical sessions with spreadsheet-based modelling, case analysis and facilitated decision workshops. Participants work through a corporate treasury risk case, using cash forecasts, debt schedules, bank exposures and derivative positions to create a defensible risk response. They leave with a completed Treasury Risk Management Action Pack: a risk register, limit matrix, liquidity stress-test template, hedge evaluation model, control-gap log and a 90-day implementation plan that can be adapted for their own treasury function.

The course is designed for experienced treasury practitioners who manage, oversee or challenge financial risk decisions and need to connect analytical work with executive-level recommendations.

Course objectives

By the end of this course, participants will be able to:

• Construct a treasury risk register linking exposures, owners, controls, limits and escalation triggers
• Model liquidity forecasts and multi-scenario cash-flow stress tests in Microsoft Excel
• Measure foreign exchange and interest-rate exposure using sensitivity, gap and cash-flow-at-risk analysis
• Evaluate forwards, swaps and options against defined hedge objectives, costs and residual risks
• Set counterparty credit limits using ratings, exposure aggregation, collateral and concentration analysis
• Design a treasury risk dashboard with key risk indicators, limit utilisation and breach reporting
• Assess hedge documentation and effectiveness-testing requirements under IFRS 9
• Produce a 90-day treasury risk management implementation plan for senior management approval

Benefits of attending

Target competencies

Who should attend

• Treasury Managers — who own daily liquidity, funding, banking and financial-risk decisions
• Assistant Treasury Managers — who prepare hedge proposals, risk reports and policy compliance evidence
• Corporate Treasurers — who set risk appetite and need stronger challenge of treasury controls and exposures
• Treasury Risk Managers — who measure market, liquidity and counterparty risk across treasury portfolios
• Cash and Liquidity Managers — who need to connect forecast reliability with funding and contingency decisions
• Finance Managers — who oversee debt, derivatives or IFRS 9 impacts and work closely with treasury

Requirements and prerequisites

Participants should have practical experience in a corporate treasury, finance, cash management, banking or financial-risk role. They should understand basic cash forecasting, debt and deposit instruments, foreign exchange forwards, interest rates, and the purpose of treasury policies and bank limits. Comfort with Excel formulas, tables and charts is expected because exercises use working models and scenario analysis. Familiarity with IFRS 9, value at risk, treasury management systems or derivatives valuation is helpful but not required; these concepts are introduced in the context of corporate treasury decisions. No programming, quantitative finance qualification or prior use of Kyriba or SAP Treasury is required.

Training methodology

The instructor uses short technical briefings to establish each method, followed by worked treasury examples and participant-led analysis. Teams assess a simulated multinational company's cash forecast, revolving credit facility, foreign currency receivables, swap portfolio and bank exposures. Excel exercises develop liquidity stress tests, sensitivity calculations and limit-utilisation reporting; case discussions require participants to justify hedge and funding choices to a mock treasury committee. Each day closes with structured application to participants' own operating context, culminating in an individual 90-day treasury risk action plan.

Course outline

Day 1: Treasury risk governance and risk appetite

• Corporate treasury risk taxonomy for liquidity, market, credit and operational risk
• Risk appetite statements and translation into measurable treasury limits
• Treasury policy architecture, delegated authorities and exception management
• Three-lines model and treasury risk ownership responsibilities
• Risk registers with inherent risk, residual risk and control ownership
• Key risk indicators and early-warning thresholds for treasury operations
• Treasury committee reporting, escalation paths and decision records

Workshop: Participants build a treasury risk register and limit matrix for a case company, assigning owners, controls and escalation thresholds.

Day 2: Liquidity, cash flow and funding risk

• Rolling cash-flow forecasting and forecast-accuracy measurement
• Liquidity ladders by currency, entity, bank and time bucket
• Base, downside and severe-stress liquidity scenario design
• Cash-flow-at-risk analysis for operational and financial cash flows
• Committed facilities, covenant headroom and refinancing-risk assessment
• Liquidity buffers, trapped cash and intercompany funding constraints
• Contingency funding plans and market-disruption trigger actions

Workshop: Participants create a 13-week liquidity forecast with three stress scenarios and recommend buffer and facility actions.

Day 3: Market risk measurement and hedging decisions

• Foreign exchange transaction, translation and economic exposure mapping
• Interest-rate gap analysis for fixed-rate and floating-rate debt
• Sensitivity analysis, basis-point value and earnings-at-risk measures
• Forward contracts, swaps, options and collars for corporate hedging
• Hedge-ratio selection, tenor matching and layered hedging programmes
• Hedge cost, optionality and residual-risk comparison methods
• IFRS 9 hedge designation, documentation and effectiveness testing

Workshop: Participants compare FX forward, option and collar strategies in an Excel hedge evaluation model and defend a recommendation.

Day 4: Counterparty, banking and operational treasury risk

• Bank and investment counterparty exposure aggregation
• Credit ratings, credit default swaps and internal counterparty assessment
• Counterparty limit design by tenor, instrument, entity and collateral
• Settlement risk, payment fraud and confirmation-control vulnerabilities
• Segregation of duties, payment approval matrices and user-access reviews
• Derivative valuation controls, independent price verification and dispute management
• Business continuity planning for treasury systems, banks and market disruption

Workshop: Participants perform a counterparty concentration review and produce a control-gap log with prioritised remediation actions.

Day 5: Risk reporting, assurance and implementation

• Treasury risk dashboard design for executives and treasury committees
• Limit utilisation, breach reporting and root-cause investigation
• Hedge performance reporting and post-trade effectiveness review
• Risk-adjusted funding and investment decision criteria
• Treasury management system data controls and reconciliation requirements
• Internal audit evidence, policy attestations and control testing
• Ninety-day treasury risk improvement roadmap and stakeholder engagement

Workshop: Participants present a treasury risk dashboard and 90-day implementation plan to a mock treasury committee for challenge and feedback.

Tools & standards covered

Microsoft Excel, Kyriba, SAP Treasury and Risk Management, IFRS 9

A typical training day

Live online deliveries follow the same structure in the East Africa Time zone, with shorter screen blocks and longer breaks.

What the fee includes

How you can take this course

Certification

Participants who complete the full five days receive the Skillset Development Certificate of Completion, stating the course title, course code, dates and delivery format — suitable for professional-development records and employer reimbursement.

Frequently asked questions