G L O B A L A S S O C I AT I O N O F R I S K P R O F E S S I O N A L S

WH E R E L E A D E R S L E A R N.
Asset Liability Management
Designed as an introduction to the management of a bank’s assets and liabilities, this training provides participants with a solid base for managing financial exposure due to currency, interest rate and liquidity risks. Objectives • Understand the tools commonly used in interest rate risk management • Establish an effective ALM policy (understand derivatives products and their role in ALM) • Establish an ALCO with focused aims and objectives • Interpret Value-at-Risk measurement concepts, applications and resulting reports • Understand current regulatory requirements, in particular Basel II Accord, and how this relates to ALM “interest rate risk in the banking book” Who should attend this course? It is assumed that all participants are familiar with common financial terms and have a basic understanding of banking and the functions of a financial institution. This course is intended for those individuals who are either new to asset and liability management, or who wish to further their understanding of managing a bank’s assets and liabilities. It will be of use to: • investment professionals • treasury professionals • balance sheet and capital managers • asset and liability managers and analysts • risk managers and portfolio managers • treasury middle office and operations personnel • liquidity funding managers • treasury auditors • financial controllers, accountants and analysts • investment bankers • regulatory and compliance personnel DAY ONE • Foundations and understanding of asset and liability management • Defining and setting asset and liability policies and procedures • Interest rate risk in the banking book • NII – Net Interest Income – ALM aims and objectives – ALM processes and management recognition – ALM and regulatory concerns – Asset and Liability Committee (ALCO) • Managing assets and liabilities in current market