Includes latest update on proposed regulatory ALM requirements A free, two-part live webinar presented by one of the
credit union system’s most experienced ALM advisers
PART I
In Part I, we will: ♦Dispel the mysteries of Asset and Liability Management (ALM) ♦Identify and learn about three major ALM associated balance sheet risks ●Mismatch Risk ●Market (Price) Risk, Net Economic Value (NEV) ●Liquidity Risk ♦Discover where these risks are located in the balance sheet ♦Learn how these risks may dramatically impact the credit union's net worth and earnings ♦Learn about the analytical methods and models used to quantify and measure ALM risks
PART II
In Part II, we will: ♦Further explore mismatch risk and market risk ♦Introduce the principle of financial leverage and its impact on earnings and net worth ♦Introduce the concepts of repricing speeds and deposit decay rates ♦Demonstrate mismatch risk and market risk using a sample credit union and a model ♦Explore balance sheet solutions for mismatch risk and market risk ♦Discuss the elements of an ALM policy and present a sample policy, which may be downloaded by participants free of charge in MS Word format
Timeframe: Approximately 2 hours for each Part with a 1 hour lunch break inbetween Date and Time: See schedule here Cost: Absolutely Free and no obligation on your part Presenter: Mark H. Smith—In 2012, Mark completes his 35th year working with mid-sized and small credit unions. See his bio.
Mark's Bio