Collateral management - Foundation

Welcome to our training course on collateral management. This course is designed to provide you with a foundational understanding of the mechanisms and importance of collateral management in the financial markets. Collateral management plays a crucial role in providing protection to the parties.

In close collaboration with PwC's subject matter experts, PwC Academy has developed a foundational training course covering the key concepts, structures, and functions of collateral management, but also the risks involved, and the strategies employed by market participants.

By the end of this training, participants will be able to:

• understand the general characteristics of collaterals;
• identify the type of collateral required;
• gain an in-depth understanding of how collaterals operate and the related lifecycle;
• understand the associated risks and protection framework.

• Fundamentals (definition, key concepts, purpose)
• Transactions associated with the need for collateral
• Types of collateral
• High level description of collateral life cycle: key flows
• Risk & protection framework:
  • Why the need for protection
  • Definitions
  • Master agreements
  • Valuation haircuts

Topics addressed are illustrated with numerous examples.

This training is coordinated by Laurent Dubois, Director at PwC Luxembourg.

The different modules will be presented by experts in derivatives.

Laurent Dubois is a director at PwC Luxembourg with over a decade of experience in the banking industry and several years in asset management on both product and corporate sides. Since joining PwC in 2008 within the audit practice, he has specialised in alternative investments, focusing on private debt structures and fund of funds. Laurent has worked closely with leading promoters and asset managers, gaining extensive knowledge of the asset management sector and its challenges. He holds the title of Réviseur d’entreprises agréé in Luxembourg and has contributed to projects for clients such as Ardian, Lombard Odier, Degroof Petercam, and BBH.