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New York Institute of Finance: Stress Testing and Risk Regulation – Part 2

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Learn how to define a reverse stress test and compare it to a conventional stress test.

Stress Testing and Risk Regulation – Part 2
4 weeks
1–2 hours per week
Self-paced
Progress at your own speed
Cost to Enroll
$349 USD
Stress Testing and Risk Regulation – Part 2

About this course

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This economics and finance course will cover the practical aspects of conducting CCAR/DFAST tests in the US. We will also review the impact of the financial (subprime) crisis of 2007 and 2008 on regulatory reform and the consequences for financial intermediaries.

Upon completion of this course, participants will receive a certificate bearing the New York Institute of Finance (NYIF) name. A NYIF certificate is a valuable addition to your credentials, proving that you have acquired the work-ready skills that employer’s value.

For those who wish to go further, students can enroll in the other four modules to earn the complete Risk Management Professional Certificate, backed by the New York Institute of Finance’s 93-year history. As a final option, students may also opt to sit for the NYIF Certificate of Mastery Exam, resulting in the Risk Management Certificate of Mastery upon successful completion.

At a glance

  • Institution: NYIF
  • Subject: Economics & Finance
  • Level: Intermediate
  • Prerequisites:
    • Basic MS Excel skills
    • Basic probability and statistics
  • Language: English
  • Video Transcript: English
  • Associated programs:
  • Associated skills: Risk Management, Economics, Stress Testing, Comprehensive Capital Analysis And Review (CCAR), Finance

What you'll learn

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  • Describe common approaches to stress testing.
  • Explain challenges in designing stress test scenarios, including the problem of coherence in modeling risk factors.
  • Describe the practical problems associated with conducting comprehensive stress tests for large financial intermediaries.
  • Define reverse stress testing and compare it to conventional stress tests.
  • Understand the critiques of prudential risk regulation.

Syllabus

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Module 1: Stress Testing

  • Lesson 1: Approaches to Stress Testing
  • Lesson 2: Common Historical Scenarios
  • Lesson 3: Credit Stress
  • Lesson 4: Stress Testing process
  • Lesson 5: Value at Risk

Module 2: Regulatory Stress Tests

  • Lesson 1: BIS Requirement and Stress Testing Guidelines
  • Lesson 2: Regulatory Stress Tests
  • Lesson 3: Regulatory Stress Test Scenarios
  • Lesson 4: PNPR Modeling
  • Lesson 5: Critiques and Benefits

Module 3: The Capital Debate

  • Lesson 1: Capital
  • Lesson 2: Bank Leverage Reduction

This course is part of Risk Management Professional Certificate Program

Learn more 
Expert instruction
6 skill-building courses
Self-paced
Progress at your own speed
5 months
1 - 2 hours per week

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