The Professional's Handbook
of Financial Risk Management
LevBorodovsky Senior
financial risk manager at Credit Silisse First Boston
Marc Lore Both Co-Chairmen of
the Global Association of Risk Professionais
- Comprehensive
and up-to-date in its coverage of financial risk management
- Written
by practitioners for practitioners; looks at problems and provides solutins
- Authored
and edited by leading financial markets risk professionals
- nternational
in coverage; the concepts and methods covered are not specific to any country or
institution, but rather to the risk management profession as a whole
- Created
in conjunction with the leading international association of financial risk managers
The Professional's Handbook
of Financial Risk Management is a major reference work in finance. A complete practical
reference book covering all aspects of financial risk management including an in-depth
look at operational risk management, regulation, risk-based capital, and risk adjusted
performance measurement. The book focuses on practical financial risk management
techniques and solutions, and is designed to guide the risk professional step-by-step
through the implementation of a firm-wide risk management framework.
The purpose of this book is
to provide risk professionals with the latest : standards that represent best practice in
the risk industry, and has been created with the risk practitioner in mind. While no
undertaking of this size can be devoid of theory, especially considering the ongoing
changes and advancement within the profession itself, the heart of this book is aimed at
providing practising risk managers with usable and sensible information that will assist
them. in their day-to-day work.
All authors are leaders in
their field who between them have the expertise and knowledge, both practical and
theoretical, to produce this definitive risk management guide
CONTENTS:
Foundation of risk management
- Derivatives basic'Measuring volatility
Constructing yield curves
Choosing appropriate model
parameters:and risk measurement methods
Market risk, credit risk and
operational risk - Yield curve, risk factors: domestic and global contexts
Implementation of a VaR
system
Additional risk in
fixed income products
Stress testing
Backtesting
Credit risk management
Credit derivatives and risk
management
Operational risk
Additional risk types -
Model risk " liquidity risk
Accounting risk
Compliance and documentation
risk
Energy risk
Price testing
Capital management,
technology and regulation - Implementing firm-wide risk' management framework
Selecting enterprise risk
management technologies : ":S Establishing a capital limit structure
Framework for attributing
economic capital & enhancing shareholder value
International regulatory
requirements for risk management
Risk transparency
READERSHIP: Financial Risk
Managers; Portfolio Managers; Traders; Finance i! Academics and Students; Financial IT
Systems Consultants and Developers.
864 pages