This course addresses issues that concern the ever changing landscape of ALM such as the traditional methods of identifying, measuring and managing risk. We will also review the up-to-date developments in risk measurement with emphasis on the management and control of risk in financial institutions and how the ALM process integrates with the overall strategy of the firm.

• Implement an effective asset and liability management (ALM) policy
• Manage the ALM function
• Understand the analytical framework of interest rate risk management
• Confidently apply ALM in derivatives products
• Develop familiarity with Value at Risk (VaR) concepts and application
• Understand important regulatory developments relevant to ALM

• ALM Definition
• ALM Process and Management Recognition
• Financial Markets Volatility
• Financial Instruments: Many and Varied
• ALM Risk Management
• Interest Rate Analysis Techniques
• Financial Derivatives: Their Role in Interest Rate Risk Management
• Interest Rate Risk Strategies
• Capital Allocation and Performance Measurement