Strategic Asset-Liability Management (ALM) can significantly improve financial performance by delivering a better balance between returns and risks across a more comprehensive set of both on- and off-balance sheet assets and liabilities.
This advanced course covers best practice in ALM as well as ALM’s role as a strategic function in financial institutions.
Beyond full coverage of the key ALM areas of interest rate, liquidity, FX and credit risks, their measurement and best practice management; the course also integrates all key risks into a state-of-the-art constrained optimization solution for ALM, compliant with the – now clearer – suite of regulatory requirements banks face going into “Basel IV”.
Practical application and strategic decision making are emphasized throughout the programme via real-world case studies and workshops, which focus on international best practices and explore the experiences of a range of institutions.
Why attend?
The fundamental objective of this course is to empower professionals to-
- Gain a solid knowledge on how to measure and manage all key risks faced in ALM, including through use of derivatives and dynamically over time
- Learn how to set appropriate incentives through funds and full transfer pricing and economic value added frameworks to strategically steer the balance sheet
- Gain hands-on experience to conduct ALM holistically, integrating all key risks, and subject to all regulatory and risk constraints, to optimize earnings and balance sheet resilience
- Learn how to organize your ALM function efficiently
Who should attend?
- Members of the Asset Liability Committee (ALCO)
- Treasury professionals
- Money market and FX traders
- Management of credit, deposit and other major business units
- Liquidity investment managers and traders
- Capital markets teams covering financial institutions
- Strategic planning professionals
- Risk managers and risk controllers
- Financial officers and auditors (internal and external)
- Regulators overseeing banking, investment and trading books
- IT professionals specializing in treasury systems
How the course is delivered
The mode of delivery is in-class, in-person at the course venue, with the option of participating virtually.
It is assumed that participants have a basic familiarity with a bank’s treasury operations, banking activities, and fundamental market instruments such as forwards, swaps and options.
