Certified Banking Domain Professional

Certified Banking Domain Professional

Recognizing the need of IT professional to acquire knowledge of functions of banks in order to enable them to provide technological solutions to banking Industry, MVLCO offers a comprehensive CBDP (Foundation Level) Certification program extensively focused on International banking.

This two days course covers important banking concepts absolutely essential for a novice to know before joining the world of software development for banking.

This course will enable you to understand fundamentals of international banking and enrich your knowledge about various banking business lines, products and services. The course is focused on the needs of professionals wishing to acquire knowledge of various functions of banks in order to enable them to provide technological solutions to banking Industry.

The course covers important banking concepts absolutely essential for a novice to know before joining the world of software development for banking.

Duration: 4 half days

Course level: Foundation level

Delivery mode: Live Virtual Classroom(LVC)

What will you learn?

When you complete CBDP, you will have understanding of :

  • Why do we need banks?
  • Structure of banking systems in different parts of the world e.g. USA, UK, Hong Kong, India
  • Banking regulation and banking related laws
  • Types of liability products e.g. demand/time deposits
  • Types of asset products e.g. retail/corporate loans
  • Off-balance sheet products e.g. LCs, Guarantees
  • Types of services e.g. payments and remittances
  • Life cycle events of major banking products
  • Banking risks e.g. credit risk, market risk and operational risk
  • Various software applications used by banks

Course content:

Introduction to banking concepts

  • Overview of financial markets
  • Types of bank/s, regulator/supervisor, commercial banks
  • Banking related regulation
  • Types of banking
  • Universal/narrow banking
  • Wholesale banking, private banking, retail banking
  • Consortium banking, multiple banking
  • Commercial banking vs. investment banking
  • Banking business lines
  • Concepts of policy rates and reserve ratios
  • Computation of interest
  • Introduction to PLR, LIBOR, MIBOR
  • Introduction to foreign exchange
  • Channels of delivery e.g. branch, internet banking, mobile banking,
  • Types of customers and know your customer

Liability products

  • Demand deposits e.g. current account/Checking, saving account
  • Time deposits e.g. certificates of deposits, fixed deposits
  • Structured deposits e.g. range accrual, equity linked deposits
  • Other deposits: NOW, POD, MMDA
  • Interbank borrowings and lines of credit

Asset products

  • Process of credit assessment in brief
  • Credit scoring and credit rating
  • Retail loans e.g. mortgages, auto loans, personal loans, overdrafts, Lease
  • Corporate loans e.g. term loans/project loans, cash credits
  • Trade finance
  • Off balance sheet products e.g. guarantees and LCs

Anti-money laundering regulation

  • Money laundering and financing of terrorism
  • Financial Action Task Force (FATF) and OFAC requirements
  • Wolfsburg group/Egmont Group
  • Usage of software for AML/CFT
  • Reporting to FINCEN/FIU – CTR and STR

Risk management in banks

  • Types of risks e.g. credit risk, market risk, operational risk
  • Capital adequacy and Basel I, II and III Accords
  • Asset and Liability Management

Payment and remittances

  • Different types of payments e.g. domestic and cross border
  • Electronic payments e.g. RTGS, NEFT, ACH
  • Usage of SWIFT messaging

Certified Banking Domain Professional

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