Markets Introduction Course

This course describes all the different aspects of the Financial Department of a Bank. It is a perfect introduction course for everyone that is either starting to work as an employee on the Financial Markets Department of a bank, in any kind of role (e.g dealer, back-office employee, settlement, clerc product controller et cetera), or as a supplier of services for the Financial Markets Department, such as auditors, compliance officers and consultants.

The course first discusses banking in general and then gives a broad overview of The Financial Markets Department of a bank. The following topics will be addressed: the relationship between The Financial Markets Department and ALCO, the different sub-departments (front office, back office, middle office / product control, risk), the difference between Treasury and Markets, the traded products, the internal processing of transactions. The course also describes the role of external parties such as central banks, correspondent banks, exchanges , electronic broking platforms, custodians, CLS Bank and SWIFT. Finally, an overview is given of the relevant regulations.

The target group are all employees who start on the Financial Markets department of a bank and any other staff member who renders services to this department.