Every company must manage the delicate balance between its assets and its liabilities. For banks, asset and liability management is crucial for managing risk and ensuring an optimal level of liquidity. This course provides participants with a good understanding of how banks use asset and liability management (ALM) to reduce and manage a variety of risks.

• Understand the components of ALM
• Appreciate the importance of the assets and liabilities committee (ALCO) and other organisational aspects of ALM
• Distinguish between strategic ALM and operational ALM
• Evaluate interest rate risk in the context of ALM
• Conduct different types of analyses, such as a gap analysis, a duration and basis point value (BPV) analysis, liquidity gap analysis
• Analyse the impact of foreign exchange risk
• Understand non-maturing liabilities
• Describe how to implement an ALM system
• Apply value at risk (VaR) calculations in the context of ALM
• Understand fund transfer pricing systems

Top and medium level executives , financial institutions or supervision authorities, involved in risk management, asset & liability management, treasury and internal control