About the program and ALM
The discipline of asset-liability management (ALM) has gone through enormous changes since the term was first coined in the late 1960s and early 1970s. From its origins as a cash flow matching technique, ALM has now instituted the use of advanced analytical techniques, quantitative finance tools as well as sophisticated pricing formulas and hedging strategies. The course brings the risk management of both sides of the balance sheet together in a unified framework.
The module focuses on the management of financial intermediaries, and aims to analyse financial risks, choose appropriate hedging strategies and monitor their implementation.
The prime objective of these lectures is to provide a) a thorough grounding in the way banks and insurance firms operate, b) the necessary theoretical knowledge and statistical tools to measure different kinds of risks, and c) a comprehensive examination of the techniques and instruments for managing those risks in the banking and insurance industry.
The lectures are highly participative and there will be practical case-studies in measuring and managing interest rate risk, FOREX exposure, market risk, as well as credit allocation and capital adequacy.
Participants who complete this training workshop will be given a certificate issued by the International Association of Financial Management’s professional body while being awarded a full status membership to the organization.
About the International Association of Financial Management
The International Association of Financial Management, a global organization provides financial training courses to professionals, institutions and corporations around the various locations it operates. Interfima presents programs in banking, insurance, capital markets, wealth management, risk management, project finance among others.
Interfima mission conforms to the progress of our members, the organizations’ prosperity we serve, and the development of the communities and the markets we operate.
Key aspects of the course
Have a clear understanding of the ALM theory, which imposes distinctive managerial challenges in today’s fast changing financial markets
Have a deep awareness of the vocational aspects of financial risk management along with the ALM strategies applied in banks and insurance firms
Be able to address and tackle key issues such as: o Measuring and managing various risks in modern financial institutions
Applying hedging strategies to enhance the intermediary’s risk-return profile o Identifying complex ALM issue within financial conglomerates and universal banks
Be able to contribute to the shaping and implementation of an institution’s ALM policy
Who should attend?
Treasury Directors and Managers
Financial Institutions decision makers
Market and Credit risk professionals
Risk managers in investing and commercial banking
Means of delivery The course will be a mixture of short lectures, case studies analysis, open discussion and real life exercises for the audience on both an individual and team/group basis. A maximum audience of thirty (30) delegates will be considered, enhancing interactivity between the audience and the course leader.