Strategic 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 programme covers best practice in Asset-Liability Management (ALM), as well as ALM’s role as a strategic function in financial institutions.
Practical application and strategic decision making is emphasised via group facilitated discussions, exercises, and case studies.
After attending this course delegates will be able to:
-Understand the evolution of ALM and the choices we face today
-Assess ALM reward-risk opportunities for various strategic business activities
-Measure, implement, and manage strategic ALM decisions for banking books as well as other major activities, including investments, liquidity, and trading positions
-Assess opportunities to incorporate a broad range of businesses, including credit units, into ALM
-Understand suitable and appropriate roles for derivatives in ALM
-Organise and manage successful ALM and ALCO reports and meetings
-Review and integrate financing strategies into the ALM plan
-Develop and implement comprehensive transfer pricing schemes
-Integrate liquidity management into ALM practices
-Consider business unit and entity-wide reward-risk budgeting under the auspices of ALM
-Design a capital plan for the institution consistent with risks and regulations
-Understand the implications of Basel III on capital development
-Learn how appropriate uses of strategic ALM can impact improve returns on economic or risk-adjusted capital