Global Corporate Treasury, Controlling Cash and Risk

Global Corporate Treasury, Controlling Cash and Risk


Treasury’s world is growing increasingly more complex. Never has it been more important for companies to control cash, working capital and risk on a global basis. Over and above the mandate to excel in these traditional roles, Treasury is called upon to be more strategic in its’ activities and to develop a solid business partner relationship across the complex.
This 3 day interactive workshop is designed for two audiences with congruent learning objectives

  • The workshop is designed to provide Corporate Treasury, Accounting and Finance professionals with current, practical knowledge of the essential elements of Treasury management in a best practices environment. They will learn practical ideas on how to transform their Treasury into a world class operation that operates with better control, improved efficiency at a reduced cost.
  • It will also provide Commercial Bankers in Treasury sales, product development, internal operations and marketing with an in-depth understanding of the Treasury customer’s world, Best Practice tools and techniques. They will learn how to walk the Treasury solution talk in order to better support client requirements.


  • Effectively measure and manage the performance of the Treasury function
  • Safely hedge against foreign currency and interest rate exposures
  • Increase shareholder value through effective cash and debt management
  • Solve integrated and practical Treasury management problems
  • Explore the latest VaR strategies and risk management techniques


  • Treasury organization models, benchmarking and KPI’s
  • Corporate finance tools and techniques
  • Funding alternatives including trade finance
  • Global cash management, cash optimization tools and techniques, integrated cash forecasting models
  • Working capital management
  • Best Practice use of Treasury technology
  • Enterprise risk management with special emphasis on financial risk

Using case study methodology, computer simulations interactive discussions and worked examples, the attendees will learn how to apply Best Practice tools and techniques in all areas of global Treasury management in order to improve control, optimize asset utilization, reduce cost and better leverage staff.


  • To improve visibility, control and optimization of global cash
  • To improve the accuracy of cash forecasts
  • To optimize working capital and Balance Sheet management
  • To effectively integrate the management of global cash, cash forecasts and working capital
  • To improve visibility and control over foreign exchange and interest rate exposures
  • To improve the utilization of Treasury technology
  • To optimize activities associated with funding, asset liability allocation and capital markets
  • To deploy VaR techniques in the management of portfolios
  • To reduce the cost of global Treasury operations
  • To utilize Treasury value metrics for improved control and results
  • To improve Treasury’s business partnership and strategic value to the firm


Corporate CFOs, MD’s, Treasurer’s, VP Finance, Directors, Assistant Treasurers and Senior Managers responsible for:
  • Corporate Treasury
  • Corporate Cash Management and/or Liquidity Management
  • Foreign Exchange and/or Interest Rate Risk
  • Risk Management and/or Group Risk Management
  • Working Capital Management
  • Corporate Investment and Debt
  • Financial Analysis
  • Finance and/or Accounting
  • Internal Audit
  • Corporate Planning, Internal Controls and Regulatory Compliance
Senior Bank Executives and Senior Managers responsible for:
  • Bank Corporate Product Development
  • Bank Corporate Marketing
  • Bank Sales of Corporate Treasury products
  • Bank Corporate Derivative Brokers, Traders and/or Dealers
  • Bank Corporate Investment Brokers
  • Corporate Relationship Managers


Session 1: Treasury Organization

  • Treasury Objectives
    • The key factors
    • Corporate Treasury compared to Bank Treasury
  • Change in the Paradigm
    • How the financial meltdown of 2007-2008 changed Treasury
    • Investment lessons learned 2007-2008
    • What to do and what not to do
  • Regulatory Response
    • EMIR
    • Basel III
    • Dodd-Frank
    • FABAR
    • FTRA
    • FATCA
  • Pigs plus Cyprus
    • What is the increased Treasury risk
    • What to do to manage the risk
  • Treasury’s evolving role
    • How to become more strategic
  • MNC Organization Structures
    • How to improve control and effectiveness with less staff
  • Vision for Integrated Treasury
    • How to integrate all elements for improved results
  • Treasury Benchmarking and Metrics
    • Shift from P&L to Value-Add metrics

Delegate Exercise: delegates will utilize a work paper approach to evaluate the Strategic aspects of Treasury objectives; what is Treasury’s future mission and how best to prepare for it?

Session 2: Capital Structure

  • Governance
  • How to manage a global capital structure
    • Asset/liability management
    • Key points to effective global governance
    • Funding and investment strategy
    • Effective tools and techniques
      • Worked examples
      • Practical examples
  • Long and short term debt and credit ratings
    • How to develop an effective strategy
  • Debt Management
    • Debt vs. Equity Financing
  • Islamic Finance
    • Halal mandate
    • Matching tenor and nature
      • Worked examples
      • Practical examples
    • Sukuk
    • Bay al-salam
    • Other tools and techniques
  • Investments
    • Comparison of current alternatives
    • Investment Policy
    • Macaulay and Modified duration
    • Zero Curves
    • Optionality

Session 3: Treasury Technology

  • Best Practice use of Treasury technology
    • Map the process to success
    • Alternative technical frameworks
  • Treasury Workstations
    • From business justification to RFP to implementation
  • ERP systems
    • What they can and cannot do
  • SWIFT Net
    • How to best use the technology
  • Special focus portals
    • How to pick the correct “club” for the shot

Session 4: Treasury Tools

  • Ownership of Treasury tools
    • How to put an ownership program in place
  • Treasury Products
    • How to integrate the best solutions
    • Changing landscape: eBAM, SEPA, technical and global
  • The regulatory environment
  • Shared Service Centers
    • How to view the alternatives and opportunities
  • Managing bank relationships
    • How to make it win-win
    • How to reduce costs
    • Managing global bank service fees


Session 5: Working Capital Management

  • What is Working Capital
  • Treasury’s role in Working Capital management
    • Balance Sheet management
  • Working Capital Best Practices
    • Rules, tools and techniques to drive improvements
      • Worked examples
  • Working Capital metrics
    • Improve control with effective metrics
  • Integrated with cash management and cash forecast
    • Walk cash to the balance sheet and back

Delegate Exercise: delegates will utilize a case study to evaluate how best to manage working capital

Session 6: Cash Flow Forecasting

  • Forecasting objectives
    • How success is defined
  • Forecast models
    • Worked examples of direct vs. indirect models
  • Forecast line items
    • Map key cash flow drivers
  • Reconciling the cash to the target and back
    • How to become more strategic in forecasting
  • Build the Forecast
    • Step by step for success

Delegate Exercise: delegates will utilize a case study to evaluate how to build an accurate, effective cash flow forecast process.

Session 7: Global Liquidity Management

  • Liquidity management objectives
    • How to find the optimal solution
  • Liquidity management structures and techniques
    • Physical Concentration compared to Notional Pooling
  • Restricted cash Countries
    • Cash optimization and control despite the barriers
  • In-House Bank
    • Organizational structure
    • Intercompany loan administration
  • Multi-lateral netting
    • How to establish a program that reduces costs and improves efficiency
  • Leading, lagging and other means to optimize cash
  • Re-invoicing
    • How to establish a program that advantages tax and foreign exchange opportunities
  • Multi-bank liquidity management
    • Follow-the-sun & reverse the sun techniques
  • Pan-Africa
    • o Issues
    • o Tools and techniques

Delegate Exercise: delegates will utilize a case study to evaluate how to design an effective cash management structure


Session 8: EURO Melt Down

  • The situation
    • Underlying fundamentals
  • Risk impact
  • Recommended actions
    • Continuous linked settlement

Session 9: Enterprise Risk Management

  • Objectives
  • Risk vs. Return
  • Categories of risk
    • Core vs. non-core risks
  • VaR and other models to measure risk
    • Worked examples
  • Putting a holistic process in place
    • Step by step key elements
    • COSO Framework
    • Country of residence selection
  • Governance
    • Segregation of duties
    • SOXA, Internal Audit
    • Policy
    • EMIR
    • Basel III
    • Dodd-Frank

Session 10: Interest Rate Risk

  • Gap Analysis
    • Types and use
      • Worked examples
  • Interest rate risk
    • Terminology and pricing
    • Interest rate management strategy
    • Interest rate swaps, futures and CFD’s
      • Worked example

Session 11: Foreign Exchange

  • Foreign exchange risk
    • Terminology and pricing
    • Interpolated and Extrapolated Hedges
      • Worked example
    • Foreign exchange risk management strategy and operations
    • FRA’s vs. Futures
      • Comparison
    • Spot, Swaps, forwards, NDF’s, Options, FRA’s
      • Worked example
    • Foreign Exchange Policy key points
  • Tailored Foreign Exchange Solutions
    • Pyramid Hedging
    • Cash Bucket Hedging
    • Asset Swap
      • Worked example

Session 12: Accounting

  • Accounting for Foreign Exchange
    • IFRS hedge accounting requirements
    • Schedule of compliant and non-compliant transactions
    • Convergence with GAAP accounting treatment
    • IFRS 9
      • Worked example

Delegate Exercise: delegates will utilize a case study in practical design of a foreign exchange management structure.

End of Programme

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The venue of the training is always in a centrally located 4-5 star hotel. The venue is confirmed 2 weeks before the programme once registration is closed and we know the exact number of delegates attending. We have exclusive rates with the hotel, if you require accommodation during the programme.

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$3250 USD
$3250 USD
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