Early this year, Donald Kohn of the Federal Reserve Board warned banks of the uncertainty going about in interest rates, thus increasing the risks posed on financial institutions. It is therefore very important to know how to properly and wisely manage interest rate risks. In this 2-hour live webcast, you'll learn more about the following practical guidance:
- Factors that influence interest rate risks
- How to avoid dangerous risks
- How is asset liability management performed
- Up-to-the-minute regulatory updates; and
- Live Audience Q&A
The Knowledge Group will gather a panel of experts and key thought leaders in this timely event to provide their insights and answer your questions, live. Reserve your slots now by clicking the register button below. Discounts are available to those who will register in advance.
Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Group, LLC
Recommended CLE/CPE Hours: 2.0
Important Note: Your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date or you will not be able to obtain CLE credit.
Advance Preparation: Print and review course materials
Course Code: 103986
Robert J. Wyle, CFA
Director, Financial Risk Management
Phil Stenseth, CFA
Managing Director
Frank Farone
Managing Director
Charles L. Gilbert, FSA, FCIA, CFA, CERA
President and Founder
Robert J. Wyle, CFA, Director, Financial Risk Management, KPMG LLP
- Defining Asset/Liability Management (ALM)
- ALM Tools
- Sound Practices: Reality Check
- Liquidity Risk Management
- Regulatory Update
Frank Farone, Managing Director, Darling Consulting Group, Inc.
- Rising Rates Ahead? A historical perspective on rate movements supports why “shocks” are not plausible and what to expect ahead, opportunities and traps.
- Understand what rate scenarios should be modeled and why.
- Flatter Curve Ahead? Understand why most banks get squeezed and how to manage appropriately.
- Time horizons for simulations. Understand why five years is necessary and critical.
- Assumption Development – Avoiding common mistakes, and strategies to consider.
Phil Stenseth, CFA, Managing Director, The Baker Group
- FDIC Article – Nowhere to go but Up: Managing Interest Rate Risk in Low-Rate Environment
- FFIEC – Advisory on Interest Rate Risk Management
- Board Responsibilities – Understand IRR and be regularly informed about bank exposures… Director Education
- Management Responsibilities – Implement policies, procedures, controls and sufficiently detailed reporting processes
- Stress Tests – Rate Shifts, Basis Risk, Non-Parallel Curve Shifts
- Assumptions – Reasonable and Appropriate
- Model & Process Validation – Ensure Integrity
Charles L. Gilbert, FSA, FCIA, CFA, CERA, President and Founder, Nexus Risk Management
In Search of Risk Efficiency
- Risk efficiency of insurance company and pension portfolios.
- Measuring the multiple dimensions of interest rate risk.
- Overview of portfolio optimization approaches.
- Using risk optimization to add value while simultaneously reducing interest rate risk exposure.
- Executing ALM at a strategic level within an ERM framework.
- CFOs
- CEOs
- Controllers
- Directors
- Senior Bank Officers and Auditors
This is a must attend event to anyone interested in understanding the latest updates on Interest Rate Risk Issues.
- Detailed guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A