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Provided by: Ethan Hathaway Asset & Liability ManagementAccounting and Finance |
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Training
Provided by Ethan Hathaway
How to effectively manage your ALM function
To effectively manage your balance sheet, you need to be able to manage your financial exposure due to currency, interest rate and liquidity risks.
By the end of this 3-day workshop, you will be able to:
* Implement an effective asset and liability management (ALM) policy
* Manage the ALM function
* Understand the analytical framework of interest rate risk management
* Confidently apply ALM in derivatives products
* Develop familiarity with Value at Risk (VaR) concepts and application
* Understand important regulatory developments relevant to ALM
Key features of this workshop:
* Fundamental asset and liability management principles exposed
* Asset and liability risk management imperatives pinpointed
* Key financial control issues identified
* Asset and liability management jargon demystified
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Asset & Liability Management
DAY ONE
FOUNDATIONS OF ASSET AND LIABILITY MANAGEMENT
Setting asset and liability (ALM) policy and procedure
ALM definition
ALM process and management recognition
Asset and Liability Committee (ALCO)
Contemporary Asset and Liability Management Context
Financial markets volatility
Financial instruments: many and varied
The regulatory environment
ALM risk management
Interest rate risk management
Foreign exchange risk management
Liquidity risk management
Credit risk management
Trading/operational risks
DAY TWO
TECHNIQUES OF INTEREST RATE RISK MANAGEMENT
Interest Rate Analysis Techniques
Gap management
Free funds
Variance analysis
Duration and convexity
Matching
Financial derivatives: their role in interest rate risk management
Financial futures
Forward rate agreements (FRAs)
Options
Swaps
Interest Rate Risk Strategies
Active management
Passive management
Rate anticipation
DAY THREE
CAPITAL ALLOCATION AND PERFORMANCE MEASUREMENT
Liquidity Management
Liquidity management models
Liquidity and volatility
Integrating ALM and strategy
Role of derivatives
Portfolio rebalancing
Reducing portfolio riskiness
Transfer Pricing and Performance Measurement
Transfer pricing as a bank management tool
ALM implications
Value At Risk (VaR)
Rationale
Application
CreditMetrics
Capital Allocation
Risk-based capital standards
Risk Adjusted Return on Capital (RAROC)
Product and pricing implications
Who should attend?
* 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
What you will need to bring
Please bring to the course a financial calculator.
What have others said about John Rush?
"...John Rush's ability to explain in easily comprehended terms otherwise complex financial exposure management. His ability to do this from the viewpoint of both the corporation and the financial institution is based on many years practical experience. He is a most accomplished presenter with a great depth of financial markets knowledge." - Mary Ann Dowling, Managing Associate, Global Financial Risk Management, International Big 6 Accounting Firm (New York, USA)
"...John's workshop presentation style, while always authoritative, encourages questioning and interaction amongst participants. His techniques also remain highly effective in a non-Western cultural environment." - Thomas N Huse, Vice President, Training Services, Bank of America (San Francisco, USA)
Can't attend the scheduled dates?
No problem. This course is also available to be conducted on an in-house basis where, when and tailored to how you want it.
You can gather a group of your colleagues or invite your clients, all you need is a group of 7 or more.
Find out more about running any one of our courses in-house.
Stay within your budget
We have various ways for you to save on the course fees so you can stay within your given budget:
* Group discounts: Register 3 colleagues (and/or clients) or more and you can save
* Register early before the Early Bird deadlines and we'll reward you for it
Each course is different (i.e. not all discounts are offered for every course) so refer to the course brochure for further details.
Limited to 25 people
Ethan Hathaway courses are limited to a maximum of 25 seats per course. Why? We believe any class size over 25 reduces the quality of the course and the experience that you, as a delegate will have.
This means you have a better chance to ask questions relating to your job and organisation and you're not stuffed into a small room full of people.
Register early and get your approval as soon as possible so you can secure one of these limited 25 seats.
What will you get for your investment?
* First rate, carefully selected international trainer specifically flown in to teach you
* A comfortable and professional venue
* Delicious cuisine lunch and refreshments served to you daily (Vegetarian meals are available for those who request it)
* Full set of course and reference materials
* A prestigious certificate of completion
* Priceless experience and advice that will last you your whole career (more than just a lecture)
* Sharing of experiences
* Meeting your peers, making new friends and meeting colleagues from all over the world
No-Risk Guarantee
We want you to come away from Ethan Hathaway courses with useful information, knowledge and the satisfaction of having chosen Ethan Hathaway.
If you attend an Ethan Hathaway course, we expect you to be able to come away with at least one piece of information that you can take away with you and be able to apply to your job or to help you perform better.
If you don't find at least one piece of course information useful to you (after having carefully read the course details prior to registering), or the quality of the course is not up to an acceptable standard, please let us know and you may attend another one of our courses of your choosing for free (we know you're nice enough to give us a second chance) or we'll refund your full course fee back to you and the course materials are yours to keep.
Either way you're guaranteed to be happy with your experience.
Why Ethan Hathaway?
* Practical. Learn from experienced industry practitioners and what's being practiced by your peers.
* Applicable. Apply what you learn in your job and your career
* Valuable. Earn more revenue or save your organisation from monetary loss . You and your organisation will quickly earn back your investment on the course fee and more
* Enjoyable. Speakers who have a passion for their topic
* Clear. Turning complex concepts into easy to understand concepts
FOUNDATIONS OF ASSET AND LIABILITY MANAGEMENT
Setting asset and liability (ALM) policy and procedure
ALM definition
ALM process and management recognition
Asset and Liability Committee (ALCO)
Contemporary Asset and Liability Management Context
Financial markets volatility
Financial instruments: many and varied
The regulatory environment
ALM risk management
Interest rate risk management
Foreign exchange risk management
Liquidity risk management
Credit risk management
Trading/operational risks
DAY TWO
TECHNIQUES OF INTEREST RATE RISK MANAGEMENT
Interest Rate Analysis Techniques
Gap management
Free funds
Variance analysis
Duration and convexity
Matching
Financial derivatives: their role in interest rate risk management
Financial futures
Forward rate agreements (FRAs)
Options
Swaps
Interest Rate Risk Strategies
Active management
Passive management
Rate anticipation
DAY THREE
CAPITAL ALLOCATION AND PERFORMANCE MEASUREMENT
Liquidity Management
Liquidity management models
Liquidity and volatility
Integrating ALM and strategy
Role of derivatives
Portfolio rebalancing
Reducing portfolio riskiness
Transfer Pricing and Performance Measurement
Transfer pricing as a bank management tool
ALM implications
Value At Risk (VaR)
Rationale
Application
CreditMetrics
Capital Allocation
Risk-based capital standards
Risk Adjusted Return on Capital (RAROC)
Product and pricing implications
Who should attend?
* 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
What you will need to bring
Please bring to the course a financial calculator.
What have others said about John Rush?
"...John Rush's ability to explain in easily comprehended terms otherwise complex financial exposure management. His ability to do this from the viewpoint of both the corporation and the financial institution is based on many years practical experience. He is a most accomplished presenter with a great depth of financial markets knowledge." - Mary Ann Dowling, Managing Associate, Global Financial Risk Management, International Big 6 Accounting Firm (New York, USA)
"...John's workshop presentation style, while always authoritative, encourages questioning and interaction amongst participants. His techniques also remain highly effective in a non-Western cultural environment." - Thomas N Huse, Vice President, Training Services, Bank of America (San Francisco, USA)
Can't attend the scheduled dates?
No problem. This course is also available to be conducted on an in-house basis where, when and tailored to how you want it.
You can gather a group of your colleagues or invite your clients, all you need is a group of 7 or more.
Find out more about running any one of our courses in-house.
Stay within your budget
We have various ways for you to save on the course fees so you can stay within your given budget:
* Group discounts: Register 3 colleagues (and/or clients) or more and you can save
* Register early before the Early Bird deadlines and we'll reward you for it
Each course is different (i.e. not all discounts are offered for every course) so refer to the course brochure for further details.
Limited to 25 people
Ethan Hathaway courses are limited to a maximum of 25 seats per course. Why? We believe any class size over 25 reduces the quality of the course and the experience that you, as a delegate will have.
This means you have a better chance to ask questions relating to your job and organisation and you're not stuffed into a small room full of people.
Register early and get your approval as soon as possible so you can secure one of these limited 25 seats.
What will you get for your investment?
* First rate, carefully selected international trainer specifically flown in to teach you
* A comfortable and professional venue
* Delicious cuisine lunch and refreshments served to you daily (Vegetarian meals are available for those who request it)
* Full set of course and reference materials
* A prestigious certificate of completion
* Priceless experience and advice that will last you your whole career (more than just a lecture)
* Sharing of experiences
* Meeting your peers, making new friends and meeting colleagues from all over the world
No-Risk Guarantee
We want you to come away from Ethan Hathaway courses with useful information, knowledge and the satisfaction of having chosen Ethan Hathaway.
If you attend an Ethan Hathaway course, we expect you to be able to come away with at least one piece of information that you can take away with you and be able to apply to your job or to help you perform better.
If you don't find at least one piece of course information useful to you (after having carefully read the course details prior to registering), or the quality of the course is not up to an acceptable standard, please let us know and you may attend another one of our courses of your choosing for free (we know you're nice enough to give us a second chance) or we'll refund your full course fee back to you and the course materials are yours to keep.
Either way you're guaranteed to be happy with your experience.
Why Ethan Hathaway?
* Practical. Learn from experienced industry practitioners and what's being practiced by your peers.
* Applicable. Apply what you learn in your job and your career
* Valuable. Earn more revenue or save your organisation from monetary loss . You and your organisation will quickly earn back your investment on the course fee and more
* Enjoyable. Speakers who have a passion for their topic
* Clear. Turning complex concepts into easy to understand concepts
About The Training Provider: Ethan Hathaway
Ethan Hathaway - We organise banking and finance training courses for banking and finance professionals. We cover topis such as capital markets, treasury, risk management, trade finance and more.
Course usually run between 2-4 days.
We presently run public programmes throughout the Asia-Pacific, Middle-East, UK & Europe and North America.
Ethan Hathaway organises interactive, practical, applicable and...
