We have the knowledge of: 

􀂅  Types of risk (market, credit, operational, liquidity, enterprise).

􀂅  Types of factors (market risk, credit risk, liquidity risk, operational risk).

􀂅  Asset types and their characteristics.

􀂅  Asset pricing (Basic assets, Plain Vanilla Derivatives, Complex Assets).

􀂅  Basic statistical processes and probability distributions.

􀂅  Statistical and economic relevance of results.

􀂅  Theories, assumptions, limitations and goals behind VaR analysis.

􀂅  Impact of inputs, parameters, etc. on the outcome of a risk model.

􀂅  Stress testing and scenario analyses.

􀂅  Theories,  assumptions,  limitations  and  goals behind stress and scenario

     analyses.

􀂅  Factors that affect risk appetite.

􀂅  Industry standards for policies and procedures.

􀂅  Applicable regulatory framework(s).

 

We have the Skill in:

􀂅  Identifying  sources of internal data (e.g., historical data, process produced

     data, etc.).

􀂅  Determining the quality and applicability of the data for a given task.

􀂅  Identifying the limitations of a risk model.

􀂅  Classifying asset characteristics.

􀂅  Determining  the  relationship  between  the  risk  type  and  the price of the

     asset.

􀂅  Breaking down assets into individual components in a structured product.

􀂅  Judging  the  appropriateness  of an organization's policies and procedures

     against industry best practices and/or regulations.

􀂅  Determining the flow of relevant risk information within an organization.

 

We have the Ability to:

􀂅  Validate proper data for a specific analysis.

􀂅  Visually interpret data in graphic form.

􀂅  Identify relationships and dependencies between asset classes.

􀂅  Determine  which  risk  factors apply to a given situation and the interaction

     between them.

􀂅  Confirm that a risk model is producing unbiased results.

􀂅  Validate a risk model and evaluate its effectiveness.

􀂅  Perform back tests.

􀂅  Calculate metrics (including appropriate use of formulas).

􀂅  Determine the limitations of risk metrics.

􀂅  Perform liquidity risk analysis.

􀂅  Perform stress testing and scenario analyses.

􀂅  Interpret and evaluate the results of stress tests and scenario analyses.

􀂅  Understand the impact on policy decisions or directions on risk.

􀂅  Communicate recommendations.

רועי פולניצר, בעלים של שווי פנימי - יעוץ בהערכות שווי וניהול סיכונים. Roi Polanitzer, the owner of Intrinsic Value - Valuation and Risk Management