Interest Rate Swaps: Structure, Pricing & Risk Management
What you'll learn
- Describe the details of interest rate swaps and how they are priced
- Use IRS to implement effective risk management strategies to mitigate the potential impact of interest rate movements on floating rate liabilities.
- Understand the features and functions of OTC clearinghouses and how they work
- Appreciate the various risk concerns with interest rate swaps and solutions for risk management
- Calculate the potential impact of interest rate movements on floating rate liabilities using appropriate risk management tools.
- Evaluate the suitability of different interest rate swap structures to manage the risk of floating rate liabilities.
- Determine the fair value of an interest rate swap using various pricing models and techniques.
- Analyze the impact of different interest rate scenarios on the value of an interest rate swap.
- Use appropriate pricing tools to calculate the net present value of an interest rate swap.
Requirements
- A financial calculator is recommended for this course
- Knowledge of the English language
Description
Dive into the world of interest rate swaps (IRS) with this comprehensive online course. You'll start by learning the basics of swaps, including the structure of fixed and floating interest rate swaps. From there, you'll explore a variety of different swap structures and how to price and value them. Finally, you'll discover how to use interest rate swaps for risk management and speculation. This course features 20 lectures over 5 sections, including a look at OTC clearinghouses and how to effectively manage floating rate liabilities with swaps. Whether you're new to interest rate swaps or want to expand your knowledge, this course has something for you.
The 20 lectures in this course are divided into 5 sections:
Introduction to Interest Rate Swaps
Risk Management of Floating Rate Liabilities
OTC Clearinghouses
Swap Pricing and Valuation
Risk Management with Interest Rate Swaps
We attempt to build from foundational knowledge up to more detailed awareness of how IRS are used in the real world. The goal of this program is not to make you an IRS trader or structurer calling on clients, or another front/middle/back-office professional, but to provide foundational knowledge so that you work toward a practical understanding of how IRS work.
More about this course and Starweaver
This course is led by a seasoned capital markets industry practitioner and executive with many years of hands-on, in-the-trenches financial markets sales, trading, and analysis work. It has been designed, produced, and delivered by Starweaver. Starweaver is one of the most highly regarded, well-established training providers in the world, providing training courses to many of the leading financial institutions and technology companies, including:
Ahli United Bank; Mashreqbank; American Express; ANZ Bank; ATT; Banco Votorantim; Bank of America; Bank of America Global Markets; Bank of America Private Bank; Barclay Bank; BMO Financial Group; BMO Financial Services; BNP Paribas; Boeing; Cigna; Citibank; Cognizant; Commerzbank; Credit Lyonnais/Calyon; Electrosonic; Farm Credit Administration; Fifth Third Bank; GENPACT; GEP Software; GLG Group; Hartford; HCL; HCL; Helaba; HSBC; HSBC Corporate Bank; HSBC India; HSBC Private Bank; Legal & General; National Australia Bank; Nomura Securities; PNC Financial Services Group; Quintiles; RAK Bank; Regions Bank; Royal Bank of Canada; Royal Bank of Scotland; Santander Corporate Bank; Tata Consultancy Services; Union Bank; ValueMomentum; Wells Fargo; Wells Fargo India Solutions; Westpac Corporate Bank; Wipro; and, many others.
Starweaver has and continues to deliver 1000s of live in-person and online education for organizational training programs for new hires and induction and mid-career and senior-level immersion and leadership courses.
If you are looking for live streaming education or want to understand what courses might be best for you in technology or business, just google:
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Happy learning.
Who this course is for:
- Relationship managers (0-5 years) in commercial, corporate and investment banking.
- Analysts and associates in commercial, corporate and investment banking.
Instructors
![Starweaver Instructor Team](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.4 Instructor Rating
- 19,576 Reviews
- 201,690 Students
- 21 Courses
Starweaver is an education company comprised of hundreds of leading instructors based around the world. Our instructors are seasoned practitioners who have worked in the fields their cover and relate the subjects covered to real work situations you will encounter in your job. Thus, the concepts and worked examples are real, the coverage is at the right level of depth, and the material is straightforward.
We deliver practical and hands-on courses focused in several key domains:
1. Data Science, including big data, machine learning, data visualization, data analytics...
2. Cloud Computing, including Amazon Web Services, Microsoft Azure, Google Cloud Platform / Firebase, IoT, Platform as a Service, Infrastructure as a Services, Software as a Service...
3. Full Stack Software Development, including from front end (customer or user-facing) to the back end (the "behind-the-scenes" technology such as databases and internal architecture) including http, CSS, JavaScript, MongoDB, NodeJS, Angular, React...
4. Agility & Stability, including a broad group of frameworks and techniques involving Agile, Scrum, Kanban, TOGAF, ITIL, cybersecurity...
5. Finance, Banking, Securities & Business, including a strong emphasis on banking, finance, securities, and insurance (e.g., derivatives, credit risk management, corporate finance, financial modelling...)...
Each course is designed to boost your knowledge and skills in the shortest possible time so that you can apply what you gain immediately in your job, or that next great job you are looking to start. We cover the full range of skills from the most introductory for students and new career starters, as well as advanced or complex subjects.
If you want to take a great leap forward in your career, we are here to make that happen. Let's get going!
- 4.4 Instructor Rating
- 19,576 Reviews
- 201,580 Students
- 21 Courses
LEARNING IS ABOUT DETERMINATION
Persistence and determination beats the natural gifts and intelligence that you are born with. If there is only one take-away you have from reading about my experience and education over many years it is just that.
Luck is the second most valuable thing to possess. But, you never get lucky if you are not prepared. Your determination will get and keep you prepared, and then "getting lucky" will simply be appearing in the right place at the right time.
You don't need to be persistent or lucky all the time: just at the right time. That is, assuming you are prepared. Think of this like a surfboarder paddling out to the waves. Prepare and train so you are ready. Paddle out and put yourself in what you see at the "right" position. Watch the waves and currents. Use your training adjust your position. And, when the timing is right, paddle furiously, get on your board, apply what you've been trained to do and give it everything you've got!
MY COMMITMENT TO YOU
I am dedicated to designing, developing and delivering great content for you. I hope I have done that successfully here, and I believe you can see that in the 100s of 1000s of students signed up for my courses.
I have been creating live and recorded courses for many years, and have a great team of instructors who deliver excellent content. All of these instructors are former (or current) practitioners, so what you will learn is designed and created with real world applications in mind.
EDUCATION IS A PARTNERSHIP BETWEEN STUDENT & INSTRUCTOR
i believe education needs to be interactive and engaging. For you to really learn, you need to be involved, to ask questions, and to interact with me, your instructors, and your fellow students. Gone are the days of memorization. By getting involved you will challenge me (and yourself) so that you solidify your understanding and your ability to apply what you learn in your job and life.
Here are some suggestions that will help you out:
1. Commit to start your course on a specific date and time.
2. Commit to dedicate X hours per day to that course (ideally at the same time of day/night)
3. Review what you didn't understand after you have moved forward. That is, 'go back to go forward.'
4. Participate in our community. Ask questions. Push back on what is presented. Make us do more to help you learn. If we (or any other instructor) doesn't do that, then the courses simply become dusty content on your digital shelf. You will actually have learned very little.
My singular goal is to spread useful knowledge and skills to you. That is why I am here. Feel free to reach out to me in our classes and online.
Always be learning.
~ Paul