A video course the covers volatility, value at risk, capital and limit management frameworks for a treasury function. Specifically the course discusses the following topics: distribution or generator function; the importance of Volatility and Correlation to a risk management or control function; the importance of having pre-trade controls and limits; Duration, Convexity and Optionality; Value at Risk (VaR) measure and its various applications and limitations; various types of capital and risks for which capital may be attributed; a capital focused risk management framework; a limits management framework and various types of limits such as stop loss, transaction, expectations and counterparty limits.