Curriculum

This banking risk training explains the banking industry and how it fits into the US capitalist system. This webinar includes dialogue about topics including:

  • The role of the Fed – the Central Banking System
  • The capital markets (stock, bond, and money markets)
  • The Fed’s monetary tools to establish and maintain policies are explained in detail with respect to:
    • Reserve Requirements
    • Discount Rate
    • Open Market Operations
    • Repurchase Agreements


Training will also highlight various banking business categorized as:

  • Funding Activities
  • Lending Activities
  • Investing Activities
  • Trading Activities
  • Customer Fee-Based Activities
  • Support Activities
  • Internal Accounting, reporting and compliance activities


Finally, it identifies and discusses 15 basic business risks faced by all bank accountants and auditors:

  • Capital Risk
  • Collateral Risk
  • Concentration Risk
  • Country Risk
  • Credit Risk
  • Foreign Exchange Risk
  • Fraud Risk
  • Funding Risk
  • Insider Risk
  • Interest Rate Risk
  • Management Risk
  • Market Risk
  • Operations Risk
  • Regulatory Risk
  • Strategy Risk

Instructor

  • Paul Sanchez

    Paul Sanchez

    PSA Professional Service Associates / Founder


    Paul J. Sanchez, CPA, CBA, CFSA conducts a CPA practice in Port Washington, New York. He is also the owner of Professional Service Associates (PSA), a consulting and professional training and development business servicing corporate clients (auditors, controllers, etc.), CPA firms, professional associations and others. He was an assistant professor at Long Island University – C.W. Post Campus as well as an adjunct lecturer at City University of New York. Prior to starting PSA, he was the Vice President-Professional Development for the Audit Division of a regional bank and Director of Professional Practices and Vice President of a money-center bank, where he directed the professional practice development and training for internal auditors.

Credits

1.5 CPE Credits & 1.8 AAP Credits