In today's dynamic financial landscape, effective management of assets and liabilities is paramount for the success and sustainability of financial institutions. This comprehensive program is designed to equip participants with essential knowledge and practical skills to navigate the complexities of Asset Liability Management (ALM).

The foundations of Asset Liability Management (ALM) encompass the fundamental principles and techniques utilized by financial institutions to manage their balance sheet effectively. ALM focuses on aligning assets and liabilities to mitigate risks and optimize financial performance. This discipline involves analyzing interest rate risk, liquidity risk, and other factors that impact the institution's financial health. By understanding the core concepts of ALM, institutions can make informed decisions to ensure stability and sustainability in a dynamic economic environment.

By the end of the training, you will be able to:

• develop a comprehensive understanding of ALM;
• develop a basic knowledge of the different concepts.

CONTENT

• Essentials of Banking
  • Basics of banking
  • Principles of Asset Liability Management (ALM)
  • Management of the balance sheet
  • Drivers of bank returns
• Fundamentals of interest rates
  • Importance of inflation
  • Mechanics of deposits, zero coupon bonds (ZCB), coupon bonds (CB), and Floating Rate Notes (FRN)
  • Analysis of interest rate risk
  • Limits of duration
• Financial derivatives
  • Usefulness of financial derivatives
  • Basics of forwards
  • ABC of options
  • Distinction between money market and capital market derivatives
• Hedging the duration gap
  • Comparison of duration gap between banks and insurance companies
  • Use of derivatives in managing interest rate risk
  • Implementation of macro hedge with bond futures, options on bond futures, and interest rate swaps
  • Case study: analyzing the missteps of silicon valley bank

PRACTICAL INFORMATION

• Duration: 1 day of training (6 class hours)
• Hours: 09:00 to 17:00
• Location: Febelfin Academy: Phoenix building, Koning Albert II-laan/Boulevard du Roi Albert II 19, 1210 Brussels
• Language: This training will be given in English

You follow a ‘Classroom training’ in a group. You, the other participants and the teacher are all present in the same classroom at an agreed time. There is an opportunity for interaction and feedback, both from the participants to the teacher and vice versa. The teaching material consists as a basis of a presentation via the MyFA learning platform, supplemented with various other items (such as digital syllabus, presentation, audiovisual fragments, etc.).

Training meterial: PowerPoint presentation (slides).

• Accessible, clear, and directly applicable
• Learn in a group, in a motivating and targeted way
• Invest in your personal development

• Be on time for the training. It’s best to arrive 10 minutes before it starts.
• Unexpected delay? Inform your on-location contact.
• Febelfin Academy’s reception desk can be reached at +32 (0)2 507 69 61.
• We recommend to review the learning material in advance and prepare your questions.

• To receive your (CPD) participation certificate for a classroom training, your presence and active participation are required throughout the entire session. Interaction is key to our trainings.
• Your (CPD) participation certificate will be published on your MyFA account the day following the course.
• Febelfin Academy wishes you a great learning experience.

This training course can be followed by multiple target groups:

• professionals in finance and banking;
• legal and compliance officers;
• business analysts;
• anyone interested in gaining insights into ALM;
• .…