Trade Finance remains the engine at the heart of global economic growth with China and the USA dominating in terms of importance.
Trade finance risk is an interesting paradox. It has always been a business area where if done well, credit losses are typically very low (mainly fraud, in practice), fee income opportunities are high and some of the products are very efficient users of capital. On the other hand, numerous Global Banks have made substantial losses in recent years lending to clients where on paper at least, the risks seemed low. In addition, it is a very high-risk area for Financial Crime. It is estimated that as much as $2trillion is laundered annually, much of it using trade finance.
This practical and highly interactive Risk in Trade Finance & Trade Finance Products course is designed to assist trade finance practitioners in all three lines of defense roles, to understand fully what risks are involved and how to manage and mitigate them. It focuses particularly on risk assessment, delivery, need identification, and selling opportunities. The course encourages delegates to see issues from both the client’s and the bank’s relationship manager’s viewpoint.
Highly interactive workshop-style with detailed real-life case studies and examples. Delegates are free to bring their own cases/examples to the sessions.
Level of Preparedness:
Beginners are welcome although a working knowledge and understanding of the methods of financing International Trade would be helpful.