JAIBP Stage III study plan

Map the end-to-end branch operating cycle (account opening, KYC/CDD, teller cash handling, clearing, reconciliation) and write a one-page flow diagram from memory

List the controls that prevent and detect cash shortages, fraud and unauthorised overrides at branch level, and state who performs each control

Explain the branch manager's dual responsibility for service quality and operational risk, with three concrete examples of the tension between them

Distinguish centralised vs decentralised processing models and identify which functions a typical branch still owns

Trace a loan from application through appraisal, sanction, documentation, disbursement and monitoring, naming the decision-maker at each stage

Compute key credit ratios (DSCR, debt-equity, current ratio, LTV) from a small set of given figures and interpret each result

Identify the main security types (hypothecation, pledge, mortgage, lien, guarantee) and match each to an appropriate facility

Describe early-warning signals of borrower stress and the follow-up action a branch should trigger

Classify non-performing loans by days-past-due and explain the provisioning and income-recognition consequences of each classification

Outline the restructuring and recovery toolkit (rescheduling, legal action, settlement) and state when each is appropriate

Explain how credit and operations interact in disbursement, limit maintenance, and collateral custody, and where handoff failures cause loss

Draft the audit findings you would expect from weak documentation and expired collateral in a branch loan book

Explain the mechanics of documentary credit (LC) issuance, amendment, presentation, examination and settlement, and the role of UCP 600 principles

Distinguish collections, LCs and guarantees by risk allocation between importer, exporter and banks

Read a simple export transaction and select the correct Incoterms rule, stating who bears freight, insurance and risk at each point

Identify the documents that most often cause discrepancies and how a presenter can cure them

Compute forward rates from spot rates and interest differentials, and explain how a forward contract hedges transaction exposure

Distinguish spot, forward, swap and option exposures and match each to a stated customer need

Explain how FX positions are managed and why open positions are limited and reported

Describe the trade-finance credit risk created by pre-shipment and post-shipment finance and how it is mitigated

Explain the treasury function's role in liquidity, funding and asset-liability management, and how it differs from trading

Compute and interpret gap analysis and basic duration/interest-rate sensitivity for a simple balance sheet

Identify the main market, liquidity, operational and interest-rate risks a bank carries and the limit or buffer used against each

Describe how capital adequacy and liquidity ratios constrain balance-sheet growth

Distinguish the prohibited elements in Islamic finance and explain how murabaha, ijara, musharaka, mudaraba and salam each avoid them

Compare a conventional loan and a murabaha facility on pricing, ownership, risk and default treatment

Explain how profit-sharing ratios, asset ownership and Shariah governance work in an Islamic bank

Identify operational differences Islamic banking creates for documentation, accounting and branch process

Summarise the core legal and regulatory duties in banking (KYC/AML, customer confidentiality, fair treatment, complaints handling) and the consequence of breach

Apply an ethics framework to two short scenarios involving conflicts of interest and customer vulnerability, and justify the correct action

Consolidate all six domains into a one-page revision sheet of the highest-yield facts and formulas

Complete a timed mixed-domain practice set and record weak areas for final review