Fully Accredited Program Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™)

Interest rate derivatives, swaps, and risk management are vital components of the financial markets, serving as essential tools for managing interest rate risk, enhancing liquidity, and facilitating investment and trading strategies. The intricate dynamics of these instruments demand accurate analysis and robust risk management frameworks, ensuring that organizations can navigate complex market conditions and make informed decisions to protect and grow their portfolios. A study by the Bank for International Settlements reveals that interest rate derivatives are the largest category of over-the-counter derivatives, highlighting the significance and widespread application of these financial instruments.

The certified Chartered Interest Rate Derivatives, Swaps, and Risk Management Professional (CIRS™) program is designed to help you excel in the fast-paced world of interest rate risk management. By merging theoretical concepts with real-life case studies, this comprehensive course will provide you with the advanced skills and knowledge required to confidently navigate the intricacies of interest rate derivatives and swaps. You will explore a wide range of essential topics, including interest rate futures, options, swaps, valuation methodologies, risk management techniques, and regulatory frameworks, offering a well-rounded understanding of the critical aspects of interest rate risk management.

Throughout the program, you will learn how to trade various interest rate derivatives, create and analyze swap structures, develop accurate valuations, and construct sophisticated risk management models. This curriculum will also offer a comprehensive overview of cross-currency swaps, exotic derivatives, and structured interest rate products. Moreover, this program will further delve into interest rate modeling, counterparty credit risk, and the role of regulation in shaping the market landscape. Throughout the course, you will gain insights into the practical applications of interest rate derivatives and swaps in various contexts, such as hedging, trading, and portfolio management.

Upon completing the program and passing the Chartered exam, participants will receive the prestigious Chartered Interest Rate Derivatives, Swaps, and Risk Management Professional (CIRS™) designation. This highly respected credential in the finance industry is recognized for its comprehensive coverage of interest rate derivatives, swaps, and risk management techniques and is valued by employers globally. As a CIRS™ charter holder, you will possess the skills and knowledge to develop and implement robust interest rate risk management strategies and excel in the complex world of interest rate derivatives and swaps. The CIRS™ designation will also bolster your credibility and reputation within the finance sector, potentially unlocking new career advancement opportunities.

4.6 (936 Professional Learners) 1

1 Chartered Institute of Professional Certifications' reviews and ratings are a comprehensive collection of participants feedback we have gathered over the last decade. To view authentic and personal testimonials that are handwritten by our participants, please download our participants' written reviews here.

This program will entitle you:

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  • Over 10 hours of powerful on-demand proram content on managing market risk with fundamental understanding of derivatives, its pricing and practical applications.
  • Earning the CIRS™ designation will demonstrate your mastery of interest rate dynamics, risk exposure, and derivatives strategies.
  • This program will also empower you sharpen your expertise in analyzing interest rate dynamics, quantifying and managing risk exposure, and developing highly effective hedging strategies.
  • Full lifetime access
  • For inquiries, chat with our Program Advisers at [email protected] or call us at
    • Singapore and Asia Pacific: +65 6716 9980
    • Australia and New Zealand: +61 3 9909 7310
    • UK, Europe and Middle East: +44 (020) 335 57898
    • USA: +1 888 745 8875

7 days money back guarantee

Accreditations

4.8 

This Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) program is a mark of distinction that signifies a fully qualified finance professional with the expertise and skill set in managing interest rate derivatives and risk management. It is accredited by the Chartered Institute of Professional Certifications, which maintains the governing standards for all members. The CIRS™ charter is a trademarked charter available only to professionals who have completed and passed this program. The certification is governed and maintained by Chartered Institute of Professional Certifications with over 90,000 members around the world. It is also endorsed by prominent associations and organizations worldwide.

The content of this program has been fully certified and accredited by CPD as conforming to Continuing Professional Principles.

What Can You Expect From This Certified Program

Interest rate derivatives are crucial in the current financial landscape as they allow businesses and investors to hedge against interest rate fluctuations and mitigate their exposure to financial risks. According to a report by the Bank for International Settlements, the notional value of outstanding interest rate derivatives contracts was over $500 trillion at the end of 2020. With such staggering numbers, it's clear that businesses need to take proactive measures to mitigate the impact of fluctuating market interest rates.

This Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) program will equip you with a deep understanding of the mechanics, pricing, and practical applications of all interest rate derivatives products, including futures, forwards, swaps, and options in both interest rates and foreign exchange. Additionally, you will learn how to navigate the credit, legal, and regulatory aspects of derivatives trading, including ISDA documentation and the Dodd-Frank Act. This program will provide you with a thorough understanding of interest rate futures and FRAs, foreign exchange forwards and swaps, and cross-currency swaps. Furthermore, you will gain the best practices for derivatives management, ensuring you can navigate the complex and ever-changing landscape of the financial industry with ease.

By the end of the program, you will have acquired an unparalleled level of expertise in analyzing interest rate dynamics, quantifying and managing risk exposure, and developing highly effective interest rate derivatives strategies. You will be equipped with the practical knowledge and skills necessary to navigate the complex and ever-changing derivatives market, and make informed decisions to maximize profits while minimizing risk exposure.

Upon completing this program and passing the Chartered exam, you will earn the Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) designation. The CIRS™ designation is recognized as a prestigious and highly sought-after credential that testify your expertise and knowledge in navigating effective interest rate derivatives, swaps implementations and risk management in today’s complex financial landscape. It will also increase your credibility and reputation in the field of finance and investment, potentially opening doors to new career advancement opportunities.

Globally demanded and recognized, this designation is an industry-recognized trademarked charter developed by the Chartered Institute of Professional Certifications and has lifelong validity. It is also independently accredited by CPD as adhering to the highest standards of continuing professional development.

Key Skills You Will Gain

  • Interest Rate Derivative Trading
  • Risk Analysis
  • Risk Management with Interest Rate Swaps
  • Swap Pricing And Valuation
  • Knowledge Of Futures & Forwards
  • Knowledge Of Swaps And Options
  • Cross-Currency Swaps
  • Interest Rate Futures And FRAs
  • Derivatives Management
  • ISDA Documentation
  • The Dodd-Frank Act
  • Trading And Hedging Strategies
  • Credit Risk And Credit Derivatives
  • Interest Rate Options Valuations
  • Market Risk Management
  • Market Trends And Interest Rates
  • Credit & Legal & Regulatory Aspects
  • Yield Curve Construction And Analysis
  • Financial Accounting And Reporting For Derivatives
  • Swap Structure Design
  • Valuation Techniques
  • Interest Rate Modeling
  • Counterparty Credit Risk Assessment
  • Portfolio Management Optimization
  • Exotic Derivative Analysis
  • Structured Product Analysis
  • OTC Derivative Navigation
  • Central Clearing Familiarity

Your Faculty Director

JC Fernandez-Seoane
JC Fernandez-Seoane
Seasoned International Financial Risk Management Expert

J.C. Fernandez-Seoane is a distinguished professional with over 30 years of experience in international treasury, banking, and financial markets, specializing in risk management. As an accomplished leader in the trading, marketing, and sales of foreign exchange and interest rate derivatives, J.C. has an impressive track record of establishing and restructuring derivatives businesses.

Currently, J.C. serves as the Senior Vice-President and Director of Foreign Exchange at WSFS Bank in Philadelphia, where he is responsible for overseeing the bank's foreign exchange operations. In addition to his corporate role, J.C. is a dedicated educator, teaching financial and risk management courses at Manhattanville College and Moravian University. As a head instructor, he has collaborates with esteemed universities such as Yale, Toronto, and North Western on various finance and investment courses.

J.C.'s expertise in corporate liquidity, capital, and risk management is further demonstrated by his Certified Treasury Professional (CTP™) designation, awarded by the Association for Financial Professionals. His extensive experience and commitment to excellence make J.C. Fernandez-Seoane a prominent figure in the world of finance and risk management.

Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) Program Agenda

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62 Lectures

10 hours 31 minutes

Module 1 - Fundamental Financial Concepts
Module 2 - Interest Rate Futures And FRAs
Module 3 - Interest Rate Swaps
Module 4 - Interest Rate Options
Module 5 - Foreign Exchange Forwards
Module 6 - Foreign Exchange Swaps
Module 7 - Foreign Exchange Options
Module 8 - Cross-Currency Swaps
Module 9 - Exotic Derivatives
Module 10 - Securities & Embedded Derivatives
Module 11 - Credit & Legal Aspects Of OTC Derivatives
Module 12 - Best & Bad Practices Of Derivatives Management
Examination

Chartered Exam

At the end of the program, there will be a Chartered exam comprised of 50 multiple choice questions. Upon passing the exam, you will be accredited with Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) designation.

  • 98% of students who have taken this exam have passed the exam successfully. Almost all professionals who have taken our courses have passed this exam and attain their Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) designation
  • The exam has 50 multiple choice questions and you need to answer 25 out of 50 questions correctly to pass the exam
  • You can re-take the exam online as many times as you want, with no additional charges for retaking of exams
  • The program cost already includes the exam fees, so there are no additional charges for taking the exam

If you have challenges passing the exam, you can secure assistance from our team and faculty leader to help you pass the exam.

Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) Designation

Upon completion of the program and successfully passing the Chartered exam, you will be awarded the prestigious Chartered Interest Rate Derivatives, Swaps, and Risk Management Professional (CIRS™) designation, which can be showcased in your resume, CV, and other professional credentials. This globally recognized and respected credential serves as a testament to your expertise in the field, granting you lifelong validity.

As a CIRS™ certificate holder, you will stand out as an authority in interest rate derivatives, swaps, and risk management, elevating your credibility and appeal to prospective employers or clients. Developed by the Chartered Institute of Professional Certifications, this industry-recognized and trademarked charter sets you apart in the competitive finance landscape.

Additionally, the program's content has been independently accredited and certified by the Continuing Professional Development (CPD) organization, ensuring that it adheres to the highest standards of continuing professional development. By attending the CIRS™ program, you will not only enhance your knowledge and skills but also gain a valuable and marketable credential that paves the way for career growth and success in the rapidly evolving world of finance.

Pricing

On Demand Learning

USD 490


  • Lifetime access to high-quality self-paced eLearning content curated by industry experts
  • 24x7 learner assistance and support
  • Attain your Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) designation that you can use across your professional credentials
  • Demonstrate your professional expertise in Interest Rate Derivatives, Swaps & Risk Management.
  • Over 10 hours of professional Interest Rate Derivatives, Swaps & Risk Management learning
  • 5 powerful global case studies and best practices on Interest Rate Derivatives, Swaps & Risk Management.
  • Full lifetime access
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Corporate Training

Customized To Your Needs


  • Blended learning delivery model (self-paced eLearning and/or instructor-led options)
  • Flexible pricing options
  • Enterprise grade Learning Management System (LMS)
  • Enterprise dashboards for individuals and teams
  • 24x7 learner assistance and support
Contact Us

Download Brochure

You can download our program brochure below. If you have any inquiries on this program, please contact our Program Advisor at [email protected] or call us at:

  • Singapore and Asia Pacific: +65 6716 9980
  • Australia and New Zealand: +61 3 9909 7310
  • UK, Europe and Middle East: +44 (020) 335 57898
  • USA: +1 888 745 8875

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100% Money Back Guarantee

We value the trust of our customers immensely. But, if you feel that this Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) does not meet your expectations, we offer a 7-day money-back guarantee. Just send us a refund request via email within 7 days of purchase and we will refund 100% of your payment, no questions asked!

Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™) Reviews and Testimonials

The CIRS program exceeded my expectations in every way. The instructor was passionate and engaging, and the material was presented in a way that was easy to understand. The program provided me with a solid foundation in interest rate derivatives and swaps, as well as practical skills in risk management.
I thoroughly enjoyed the CIRS program and found it to be a valuable learning experience. The instructor was patient and supportive, and the program provided me with a deep understanding of interest rate derivatives and swaps, as well as the skills to effectively manage risk in a variety of scenarios.
The CIRS program was a game-changer for me as a Fixed Income Portfolio Manager. The program provided me with a comprehensive understanding of interest rate derivatives, swaps and risk management, and has enabled me to take a more strategic approach to managing my portfolios. The instructor was top-notch and the program was engaging and practical. Highly recommended.
The CIRS program provided me with a solid foundation in interest rate derivatives and swaps, as well as risk management strategies. The program was engaging and practical, with plenty of real-world examples and case studies. I feel much more confident in my abilities now that I have completed this program.

Chartered Institute of Professional Certifications' reviews and ratings are a comprehensive collection of participants feedback we have gathered over the last decade. To view authentic and personal testimonials that are handwritten by our participants, please download our participants' written reviews here.

Convincing Your Boss To Attend This Program

Securing approval from your boss to attend this program can be difficult if you don’t know what to say. So we’ve prepared a template for you! All you need to do is to download this template, copy and paste in email and send it to your boss!

Download the Template Here

Chartered Interest Rate Derivatives, Swaps and Risk Management Professional (CIRS™)

4.6 (936 ratings)