I. Introduction to Derivatives
A. What are derivatives?
B. The basic building blocks: forwards, swaps and options
II. Forwards: Mechanics and Valuation
A. Basic mechanics of forward contracts
B. Applications of forward contracts
C. Regulatory requirements of forward contracts
D. Introductory valuation concepts for forward contracts
E. Application: Valuation of FX Forward
III. Interest Rate Swaps: Mechanics and Valuation
A. Basic mechanics of interest rate swaps
B. Applications of interest rate swaps
C. Valuation of interest rate swaps
D. Application: Hedging using interest rate swaps
IV. FX Swaps and Cross Currency Swaps: Mechanics and Valuation
A. Basic mechanics of FX Swaps & CCS
B. Regulatory requirements of FX Swaps and CCS transactions
C. Valuation of CCS contracts
D. Application: Transforming Asset Liability Profile Using Cross Currency Swap Contracts
V. Credit Default Swaps: Mechanics and Valuation
A. Basic mechanics of CDS
VI. Options: Mechanics and Valuation
A. Introduction to options
B. Fundamental concepts in options valuation
C. Binomial Option Pricing Model
D. Black Scholes Model
E. Monte Carlo Simulation
F. Option Structures
G. Leveraged Forwards, Collar, Capped Forwards
H. Bond Options
I. Interest Rate Options
A. Introduction to options
B. Fundamental concepts in options valuation
1. Binomial Option Pricing Model
2. Black Scholes Model
3. Monte Carlo Simulation
C. Option Structures
1. Leveraged Forwards, Collar, Capped Forwards
D. Bond Options
E. Interest Rate Options
VII. Derivatives Documentation
A. ISDA Master Agreement
B. Credit Support Annex
VIII. Regulatory Developments for Derivative Contracts
A. BSB Rules on FX Derivatives
B. BSP Circular 594
Ms. Mari Toni Bautista has established her footing in the banking industry for more than 16 years wherein she held various posts such as Derivatives and Structured Products Dealer and Financial Markets sales covering corporates and financial institutions. Currently, she is Director, Head of Financial Markets and Head of Financial Markets Sales in Standard Chartered Bank Philippines.
Further to this, she has always been an advocate for continuing learning. She has been a resident resource speaker for Ateneo Center for Continuing Education handling topics such as Bank Risk Management, Fundamentals of Derivatives and Business of Treasury – Banking Series and Business of Treasury Banking Series. She was previously a Board of Trustee for the CFA Society Philippines and currently President of the National Association of Securities Broker Salesmen, Inc. (NASBI).
Ms. Bautista graduated with a Masters in Applied Mathematics major in Mathematical Finance from the Ateneo de Manila University in 2008. She is a Chartered Financial Analyst, a Certified Treasury Professional and an SEC Certified Fixed Income and Equities Salesman.