Certified Banking Domain Professional (CBDP^TM)

Certified Banking Domain Professional (CBDP^TM)

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 Certification program extensively focused on International banking.

This four-day 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.

Trainer 1: Ms. Neha Dharurkar (M.Com, ACA, ACMA, CS)

Trainer 2: Mr. Ameya Lonkar (ACA, CISA)

What will you learn?

When you complete CBDP, you will have understanding of :

• Why do we need banks?
• 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
• Introduction to payment systems – NEFT, RTGS, Cards
• Banking risks e.g. credit risk, market risk and operational risk
• Introduction to investment banking

Course content:

Introduction to banking concepts

• Overview of financial markets
• Types of bank/s, regulator/supervisor, commercial banks
• Banking related regulation
• Universal/narrow banking
• Banking business lines
• Computation of interest
• Introduction to PLR, LIBOR, MIBOR
• Introduction to foreign exchange
• Channels of delivery
• 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
• 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

Payment and remittances

• Entities involved in payment system
• Payment system workflow (Message – Clearing – Settlement)
• Different types of payments e.g. domestic and cross border
• Electronic payments e.g. RTGS, NEFT, ACH
• Usage of SWIFT messaging

Card Payments

• Functional Aspects of Card Payment System
  o   Introduction to card payments
  o   Understanding significance of values printed on card
  o   Physical aspects of cards
  o   Card Operations
  o   Life-cycle of a card
  o   Understanding Service Code, CVV and PIN
• Technological Aspects of Card Payment System
  o   Understanding key components of card payment system
  o   How does messaging work in cards?
  o   Introduction to EMV technology

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

Anti-money laundering regulation

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

Fundamentals of financial markets &investment banking

• Overview of financial markets
• Key terminologies of financial markets
• Introduction to investment banking