International certification
Global Risk Manager (GGR)
International risk management program, exclusive to the Club de Gestión de Riesgos de la República Dominicana, bearing the seal of the Club de Gestión de Riesgos de España (CGRE), the Association of Banking Supervisors of the Americas (ASBA) and the Latin American Federation of Banks (FELABAN).
It draws on the experience of Nemesis, now part of Bespoke Academy, with almost two decades of training risk professionals in Spain and Latin America.
- FormatOnline, with a virtual campus and access 24 hours a day, 7 days a week
- Duration12 months
- Workload240 hours
- Start datesIntakes every October and MaySubject to reaching the required minimum number of participants.
- MethodLive sessions and tutored follow-up for each student
- LevelIntermediate | Advanced
Dual international accreditation
When you finish the program you receive an international diploma with dual accreditation, European and Latin American.
European
By the Club de Gestión de Riesgos de España (CGRE).
Latin American
With the endorsement of the Association of Banking Supervisors of the Americas (ASBA), the Latin American Federation of Banks (FELABAN) and the Club de Gestión de Riesgos de la República Dominicana.
What you will achieve
Six objectives that run through the whole program.
- 1
Interpret the framework
Understand how prudential regulation and risk management frameworks affect business, capital, liquidity and governance decisions.
- 2
Measure and question risk
Analyze the main financial risks (credit, market, counterparty and balance sheet) and interpret the models, metrics and assumptions behind them.
- 3
Manage emerging risks
Bring operational, technology, cybersecurity, ESG and artificial intelligence risks into one global view of risk.
- 4
Cross-cutting perspective
Understand how the different types of financial and non-financial risk connect to and influence one another, with an integrated approach.
- 5
Decide with judgment
Turn risk information into clear recommendations for committees, business areas and governing bodies.
- 6
Apply it to real cases
Solve practical cases and produce an integrative project based on a real institution or business situation.
Who it is for
- Risk, audit and control analysts and managers
- Professionals with experience in financial and credit institutions: multiple-service banks, savings and loan associations, savings and credit banks, credit corporations and credit cooperatives
- Insurance and financial agents: brokerage firms, investment fund managers and pension fund administrators
- Supervisory and regulatory bodies, and public institutions
- Teaching staff in the risk area
- Professional consultants and advisors in the field of risk
- All professionals in the financial sector
Study plan, modules and content
Eight subjects and twelve modules over 12 months, with a virtual campus, live sessions and tutored follow-up. Open each module to see its contents, as listed in the brochure.
Risk management: introduction and basic concepts
1 monthModule01Global view of risk management
- Fundamentals of risk management
- Positioning
- Competitive advantage
- Global risk map and new risks: the climate challenge
Credit risk
3 monthsModule02Credit risk management
- Individuals
- Small businesses
- Corporates
- Real estate: property developer-owner
- Institutions
- Project Finance
Module03Credit risk measurement methodology
- Conceptualizing the use of internal models
- Model risk
- Concepts and regulation
- Probability of default
- Loss given default (LGD)
- Concept and estimation
- Areas that affect LGD
- Types of LGD
- Exposure at default: the EAD and CCF concepts
- Basel framework: regulatory capital for credit risk
Module04Global risk management
- The concept of risk
- The new ERM approach to global risk management
- Internal governance
- Risk appetite framework
- Economic capital
- Risk-adjusted return
- Stress testing
- ICAAP
- ILAAP
- Putting the pieces together
Market and balance sheet risk
2 monthsModule06Market and counterparty risk
- Financial products and markets
- Market risk
- History
- Definition and fundamentals of market risk
- Measuring market risk
- Market risk models
- Stress testing
- Managing market risk
- Counterparty risk
- Measuring counterparty risk
- Capital for credit risk
- Credit risk valuation
- Regulation
Module07Balance sheet and structural risks
- Introduction to structural risks and financial management
- Balance sheet liquidity risk
- Balance sheet interest rate risk
- Practical exercise on balance sheet liquidity and interest rate risk
- Lessons learned from an anomalous interest rate policy and from poor risk management
ESG risks
1 monthModule05ESG risks
- Introduction and regulatory context: analysis of the current regulatory context
- Integrating ESG risks
- Incorporating ESG risks into business strategy
- Examples of best practices for integration
- ESG reporting
- ESG situation: assessment of the company’s current position in terms of ESG risks and opportunities
- Summary of findings and recommendations for managing ESG risks
Non-financial risks
2 monthsModule09Non-financial risks: operational, reputational, strategic and business
- Understanding operational risk
- Ways to manage operational risk
- Risk mitigation
- Regulatory capital
- Operational risk factors
- Strategic and business risk
- Reputational risk
Module10Technology risk and cybersecurity
- Technology risk
- Types of technology risk
- Cyber threats: analysis of the current state of cybercrime
- Elements of security technology
- Risk management in organizations
- IT risk assessment
- IT risk mitigation and response
- IT security governance
Practical application of AI
1 monthModule11Practical applications of AI: case studiesNew moduleCase studies in risk: credit, AML and operational
- Behavior score: customer classification
- Fraud detection
- Optimizing regulatory compliance processes
- Designing commercial strategies suited to customer needs
- Quality and improvement of phone conversations
- Collections and recoveries
- Customer service
Regulatory compliance: Basel
1 monthModule08From Basel II to Basel IIIBasel 1, 2 and 3
- Regulatory context: how it evolved
- The three Basel pillars
- Pillar 1. Capital requirements for credit, market and operational risk
- Pillar 2. Supervisory review process (process and requirements for banks on an ICAAP, IRRBB, risk measurement and reporting, early intervention)
- Pillar 3. Disclosure requirements (BCBS principles, capital composition, risk requirements)
- Basel III: new regulatory requirements
- The final Basel III reform
Assessment and final project
1 monthModule12Assessment and final work: integrative project
- General test covering all modules. The test is passed with a score of 50 % or higher
- A project that integrates what you learned in a practical case based on a real institution
Program total12 months · 240 hours
Subjects follow the order of the study plan and modules carry the numbering used in the brochure.
Club specializations
In addition to the core program, the Club offers seven specializations in high-demand topics for the sector. They are what sets the CGR certification apart.
Quantitative Methods4 topics
- IRB models
- IFRS 9 models
- Economic and regulatory capital
- Stress testing and capital planning
IFRS 9 implementation models9 topics
- Background
- Structural portfolios
- Classification into Stages 1, 2 and 3
- From incurred losses to expected losses
- Internal Credit Risk Loss Models for Bad Debts
- Credit Risk Coverage for Bad Debts
- Real estate assets foreclosed or received in payment of debts
- Impacts: benchmark
- IFRS 9 regulation in each country
Stress testing and its integration into management6 topics
- Types of stress testing and scenario analysis
- Basel Committee principles for stress testing
- Stress testing and the risk appetite framework, capital and liquidity assessment and planning
- Projection models: PPNR models and expected loss models
- Assessment of results and possible action plans
- Stress testing and Pillar 2
Compliance / Regulatory Compliance6 topics
- Codes of conduct
- Prevention of money laundering and terrorist financing
- Protection of personal data
- Conduct in the marketing of products and services
- Consumer Protection/Customer service
- Risk consolidation
Risk Management in Financial Conglomerates5 topics
- Risk appetite framework
- Asset allocation
- Capital self-assessment report
- Liquidity self-assessment report
- Capital maps
Investment Portfolio and Fund Management3 topics
- Insurance
- Investment and pension funds
- Capital under Solvency II
Data Management5 topics
- Data governance, implementation, reporting, quality and culture
- Data models, strategy, monetization and valuation
- Data First Design, Datamat, Datatoolkit
- Real cases
- Risk data aggregation
Interested in a specialization?
Write to us and we will tell you the dates and conditions of each one.
Ask about itPrice and member discounts
The certification costs US$3,950. If you are a Club member, your discount depends on your type of membership.
| Membership | Discount | Your investment |
|---|---|---|
| Not a member | No discount | US$3,950.00 |
| Premium Sponsor | 25 % | US$2,962.50 |
| Regular | 20 % | US$3,160.00 |
| Gold Sponsor | 20 % | US$3,160.00 |
| Honorary | 15 % | US$3,357.50 |
Prices in US dollars. The discount applies to enrollment in the Club’s international certification, as set out in the membership benefits comparison. Founding members have the same rights as regular members.
Academic direction and faculty
Executives and specialists working at leading financial institutions.
Juan Carlos Estepa Jiménez
Honorary president of the Club de Gestión de Riesgos de España and academic director of Bespoke AcademyHe was corporate risk director at Bankia and a member of its Management Committee, general risk director at BBVA Bancomer, director of Corporate Risk Management at BBVA Group, director of the Office of the Chairman at Argentaria and deputy general manager at Banco Exterior. He holds a degree in Economics and Business Administration from the Complutense University of Madrid, teaches Strategic and Financial Management at CUNEF and directs the Diploma in Risk Management of the Autonomous University of Madrid and the Monterrey Institute of Technology (Mexico).
- Ignacio BocosDirector of Model Risk at CaixaBank
- José Manuel DesviatFormer Director of Global Risk Management at Bankia
- Alejandro FrancoSenior Manager in Global Risk Management at BBVA
- Juan Manuel CristóbalDirector of Corporate Risk at BBVA
- Isabel SánchezRisk Management at Volkswagen Bank
- Jordi García RibasConsultant specialized in operational risk and former director at BBVA
- Julio LópezChief Information Security Officer (CISO) at BBVA
- Gema BroncanoDirector of Capital at CaixaBank
Faculty as listed in the program brochure.
Take the step toward certification
Intakes run every October and May, subject to reaching the required minimum number of participants. Write to us to learn about enrollment and payment options.
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