Foundations of Bank ALM
Foundations of Bank ALM: What Treasury Needs to Know
More than ever, Treasury and ALM play a critical role in firms’ performance, being guardians of the balance sheet through policy uncertainly, interest-rate volatility and withdrawal of central bank liquidity.
This three day course introduces the key concepts of Balance Sheet, Capital, Liquidity, Funding and Interest Rate Risk Management and their link to financial performance. You will learn valuable skills you can instantly use at work
Who should attend?
The course is ideally suited to people from Treasury, ALM, Audit, Risk, Finance, Planning, Strategy, Product & Pricing teams, IT and other adjacent teams, who wish to broaden their understanding of balance sheet and ALM concepts and to grasp the “bigger picture”.
What will you gain from attending the course?
This course provides the foundational understanding needed by anyone working in or around Treasury and provides a springboard to advanced courses such as CertBALM®. You will grasp the key concepts at the heart of Balance Sheet Management and understand how Capital, Liquidity, Funding and Interest Rate Risks fit together and interact. You will also appreciate the importance of Balance Sheet Management in a firm’s financial performance.
Cost:
Members with printed material £1,930 + VAT
Members without printed material £1,830 + VAT
Non Members with printed material £2,440 + VAT
Non Members without printed material £2,340 + VAT
NOTE: The option to have printed material will NOT be available for anyone booking within one week of the start date. Please note if you choose the 'non-print' option, you will receive a link in advance of the course to download the material.
Patricia White introduces the Foundations Course
Course Outline
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What do banks do?
Why are banks special?
Regulatory policy framework
Bank balance sheet and income statement
Balance sheet risk and the role of Teasury
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Definition
Cash flow mismatch
Measurement under BAU and stress
Managing liquidity and funding
Regulatory requirements - LCR, NSFR, ILAAP & L-SREP
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The nature and purpose of Capital
Different types of Capital
Risk-based regulatory Capital requirements
Pillar 1
Pillar 2 & ICAAP
Capital buffers
Leverage Ratio
MREL
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Definition
Sources of risk
Fixed, floating and administered rate products
Non-maturing balances and free funds
Types of risk
Yield curve risks, customer optionality
Risk Management
Repricing gaps
Derivatives
Regulation
How is the course delivered
The course is classroom-based and held at a Central London or Leeds location.
Class size is limited (16 places) to facilitate active discussion and group exercises, as well as networking.
As well as benefiting from an expert course leader, practitioners from ALMA member banks will join the course to discuss topical issues.
A course dinner will be held on the evening of Day two, at which students can learn more about the work of ALMA and network with Board members, presenters and practitioners.
Meet your Course Leader - Patricia White
Patricia is a senior banking risk professional who now leverages her experience to design and deliver training for practitioners. She works closely with ALMA and was, for many years, a member of the Board. She enjoyed supporting the development of the CertBALM® qualification and tutored the Capital Management Unit. From 2009 - 2015 she headed the Global Risk team responsible for Liquidity and IRRBB at Standard Chartered Bank. Prior to that she spent eight years at Santander UK, where she steered Interest Rate and Liquidity risks through the 2007-09 Crisis and the rapid integration of the Alliance & Leicester and Bradford & Bingley balance sheets. She began her career at the Bank of England, firstly as an economist and later working on the development of prudential policy.
“Highly beneficial and extremely useful. From the course leader to all of the guest speakers, there is a vast amount of real-world knowledge. It makes the theory practical and relatable. I am very appreciative of all the colleagues in ALMA for sharing their knowledge.”