Module 1 – Fundamentals of IRRBB

Module 2 – Principal Measures of IRRBB

Module 3 – Behavioural Risks and Structural Hedging of IRRBB

Module 4 – IRRBB Regulatory Requirements and Governance

Days can be booked separately.

Fees:

Members
1 Module:  £250+VAT
2 Modules: £500+VAT
3 Modules: £750+VAT
4 Modules: £950+VAT

(non members £325+VAT per module or £1250+VAT all 4 modules)

CLICK HERE

Thursday 22nd April

Time: 12 noon UK time, Zoom

Speakers:
Joel Suss, Research Data Scientist, Advanced Analytics, Bank of England
Dr Alex Gillespie, Associate Professor, London School of Economics
Dr Tom Reader, Associate Professor, London School of Economics
Travolta Mohan, Director, NatWest Treasury Markets & ALMA (Moderator)

“Our research uses unobtrusive sources of data to gain rich insights into bank culture, overcoming the limitations of survey-based approaches.  We leverage unique access to data available to regulators to diagnose the cultural health of the UK banking sector, finding that banks with organisational cultures two standard deviations below the sector average are expected to have a 50% increased risk of failure.”

Join this Masterclass with the authors of the highly topical Bank of England Staff Working Paper on ‘Organisational culture and bank risk’ (published 5th March 2021).  As ALMA Member Professionals well-versed in financial risks, this Masterclass is an excellent opportunity to broaden your understanding of risk management from a perspective of culture, using the latest research in data science methods and organisational psychology.

The authors will guide you through their paper and cover topics including:
– What are unobtrusive indicators and how can they measure bank culture?
– How can these indicators be used by UK financial and prudential regulators?
– What are the links of bank culture to risk of failure?

Please pre-submit questions to: membership@ukalma.org.uk

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Now online, this course will be offered as three consecutive online afternoon sessions on April 27th, 28th and 29th.  The first two sessions on April 27th and 28th will, together, provide an overview of the basics of liquidity and funding.  They will explain how these areas are typically managed and controlled covering both internal and regulatory liquidity and funding ratios.  Current industry practitioners provide examples and lead discussions to bring key topics to life and explain current areas of industry focus.

Session 3 on April 29th, which can also be booked as a stand-alone session, will focus on the Internal Liquidity Adequacy Assessment Process (ILAAP).  As well as providing a useful outline of the ILAAP, examples of topics covered in more detail are liquidity stress testing and how to manage the ILAAP process.  Industry practitioners provide case study examples and lead discussions to illustrate some areas of current best practice.

This course continues to be aimed at those relatively new to these topics and is of potential interest to those working in Treasury, ALM, Risk and Audit functions as well as those in other areas interested in increasing their understanding of these key topics.  This course introduces a range of key concepts and practices that can then be further developed by studying the Certificate in Bank ALM(CertBALM®) qualification.

Click here for a course guide

Thursday 29th April

Time:  12.30pm – 1.30pm UK time, Zoom

Speakers:
Ian Tyler, Senior Advisor, Alvarez and Marsal
Otto Huber, Vontobel Bank
Aaron Sanger, FIS Ambit Focus Product Manager
Will Nickell, Lloyds Banking Group
Markus Gujer, FIS (moderator)

The Masterclass will explore:
– Hidden Operational Impacts (Legal, Contracts etc.)
– Floor of the funding rate (= 0 + margin) not the client rate
– Potential losses on existing payer swap portfolio (pay fix & pay float)/ price of new swaps are still defined by the steepness of the curve
– Rate of Deposits could be negative and therefore margin gets impacted
– The investment alternatives for clients are limited

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Thursday 13th May, 11am – 2pm, Zoom

Banks and their regulators are requiring risks to be managed near real time; this includes the management and monitoring of liquidity flows and appropriate action in near real-time.  A bank’s intraday position is its first line of defence in its overall liquidity risk management (LRM). Integrating intraday seamlessly, as part of this wider LRM framework, can be a challenge; intraday is often treated as a “silo” on its own, away from wider LRM.  However data, activities, modelling, scenarios and planning need to be incorporated into the full framework to comprehensively manage risk, control liquidity and support liquidity needs in BAU and any stress periods or events.

This Masterclass will explore industry LRM best practices, demonstrating how intraday can be integrated to form a holistic view. What drives intraday risk? How should intraday risk support the overall LRM?  Learn how visualisation tools can support the process to analyse, explain and understand risk in a wider context and support the scenario build, simulation and planning activities including mitigating actions.

This Masterclass will be led by Intraday Practitioner, Simon Gray, from Baringa Partners and Liquidity technology expert, Peter Serlachius, from MORS Software.

This is a three hour session, from 11am – 2pm

BOOK NOW

Now online, this course will be offered as three consecutive online afternoon sessions on April 27th, 28th and 29th.  The first two sessions on April 27th and 28th will, together, provide an overview of the basics of liquidity and funding.  They will explain how these areas are typically managed and controlled covering both internal and regulatory liquidity and funding ratios.  Current industry practitioners provide examples and lead discussions to bring key topics to life and explain current areas of industry focus.

Session 3 on April 29th, which can also be booked as a stand-alone session, will focus on the Internal Liquidity Adequacy Assessment Process (ILAAP).  As well as providing a useful outline of the ILAAP, examples of topics covered in more detail are liquidity stress testing and how to manage the ILAAP process.  Industry practitioners provide case study examples and lead discussions to illustrate some areas of current best practice.

This course continues to be aimed at those relatively new to these topics and is of potential interest to those working in Treasury, ALM, Risk and Audit functions as well as those in other areas interested in increasing their understanding of these key topics.  This course introduces a range of key concepts and practices that can then be further developed by studying the Certificate in Bank ALM(CertBALM®) qualification.

Click here for a course guide

BOOK NOW

Module 1 – Fundamentals of IRRBB

Module 2 – Principal Measures of IRRBB

Module 3 – Behavioural Risks and Structural Hedging of IRRBB

Module 4 – IRRBB Regulatory Requirements and Governance

Days can be booked separately.

Fees:

Members
1 Module:  £250+VAT
2 Modules: £500+VAT
3 Modules: £750+VAT
4 Modules: £950+VAT

(non members £325+VAT per module or £1250+VAT all 4 modules)

CLICK HERE

This three-day, classroom-based ALMA course introduces the key concepts of capital, liquidity and interest-rate risk management. It is led by practitioners and intended for practitioners. The course is ideally suited to people early in their Treasury career who wish to broaden their understanding of ALM concepts and grasp the “bigger picture”. It forms the perfect springboard for those wishing to go on to take the Certificate in Bank ALM (CertBALM®) course.

Click here for Course Guide

Wednesday 6th – Friday 8th November 2019

Fees for all three days:

£1,500 + VAT (£1,800)

Non-Members: £1,900 + VAT (£2,280)

BOOK NOW