Course Details

Treasury and risk Management for Saccos Training Course

INTRODUCTION

Effective treasury and risk management are essential for the financial health and long-term sustainability of Savings and Credit Co-operative Organizations (SACCOs). This Treasury and Risk Management for SACCOs training course equips SACCO leaders, managers, and staff with the knowledge and skills to manage funds strategically, mitigate financial risks, and ensure the safety and security of member deposits. Learn how to optimize liquidity, manage investments, implement robust risk management frameworks, and comply with regulatory requirements. This SACCO treasury and risk management training is crucial for professionals seeking to protect SACCO assets and maximize financial performance. This course covers key areas like liquidity management, investment strategies, risk assessment, and internal controls, empowering you to become a skilled treasury and risk manager within your SACCO.

DURATION

5 days

TARGET AUDIENCE

This course is designed for:

• SACCO Board Members: Individuals responsible for financial oversight and strategic decision-making.
• SACCO Treasury Managers: Individuals directly responsible for managing the SACCO's funds and investments.
• SACCO Finance Managers: Individuals involved in financial planning and reporting.
• SACCO Risk Management Officers: Individuals responsible for identifying and mitigating risks.
• SACCO Staff: Employees involved in financial transactions and record-keeping.
• Anyone seeking to improve their treasury and risk management skills in the SACCO sector: Professionals and individuals committed to ensuring financial stability and security.

COURSE OBJECTIVES

Upon completion of this course, participants will be able to:

• Understand the principles of treasury management and risk management for SACCOs.
• Develop and implement effective cash management strategies.
• Manage SACCO investments and optimize returns while mitigating risk.
• Identify and assess key financial risks facing SACCOs.
• Implement risk management frameworks and internal controls.
• Ensure compliance with relevant financial regulations and reporting requirements.
• Understand the role of treasury and risk management in achieving SACCO goals.
• Develop strategies for managing liquidity and ensuring financial sustainability.

COURSE MODULES

• Introduction to Treasury Management for SACCOs:

• The importance of treasury management for SACCOs.
• Key treasury management principles and concepts.
• The role of treasury management in achieving SACCO financial objectives.
• Legal and ethical considerations in SACCO treasury management.

• Cash Management for SACCOs:

• Managing cash inflows and outflows.
• Optimizing cash balances and liquidity.
• Cash flow forecasting and management.
• Bank relationship management.

• Investment Management for SACCOs:

• Developing investment strategies aligned with SACCO risk appetite and financial goals.
• Evaluating investment options and diversifying portfolios.
• Managing investment risk and return.
• Monitoring investment performance.

• Introduction to Risk Management for SACCOs:

• The importance of risk management for SACCOs.
• Key risk management principles and concepts.
• Identifying and assessing financial risks (credit risk, market risk, operational risk, liquidity risk).
• Developing a risk management framework for SACCOs.

• Risk Assessment and Mitigation for SACCOs:

• Identifying and assessing specific risks facing SACCOs.
• Developing risk mitigation strategies and contingency plans.
• Implementing risk management procedures and controls.
• Monitoring and reporting on risk exposures.

• Internal Controls for SACCOs:

• Understanding the importance of internal controls in SACCOs.
• Implementing internal control procedures to safeguard assets and prevent fraud.
• Segregation of duties and other control mechanisms.
• Monitoring the effectiveness of internal controls.

• Compliance and Regulatory Requirements for SACCOs:

• Understanding relevant financial regulations and reporting requirements specific to SACCOs.
• Ensuring compliance with tax laws and other legal obligations.
• Managing audits and financial reviews.
• Maintaining accurate documentation and records.

• Advanced Topics in SACCO Treasury and Risk Management:

• Liquidity management and stress testing.
• Asset-liability management (ALM).
• Financial risk modeling and analysis.
• The role of technology in SACCO treasury and risk management.

CERTIFICATION

Upon successful completion of this training, participants will be issued with a Macskills Training and Development Institute Certificate

TRAINING VENUE

Training will be held at Macskills Training Centre. We also tailor make the training upon request at different locations across the world.

AIRPORT PICK UP AND ACCOMMODATION

Airport pick up and accommodation is arranged upon request

TERMS OF PAYMENT

Payment should be made to Macskills Development Institute bank account before the start of the training and receipts sent to info@macskillsdevelopment.com