Bank regulators continue to give Asset/Liability management a high priority, with emphasis on management of market, liquidity, and credit risks.

Asset/Liability managers are challenged to keep pace with industry changes as new areas of risk are identified and new tools and models are developed to help measure and manage risk. With Sheshunoff’s training certification program, you will be better prepared to make crucial ALM decisions. 

This robust training provides the in-depth knowledge you need to effectively all aspects of interest rate risk including basis risk, twist risk, mismatch and option risk.  Plus, you’ll earn a professional designation! Our unique course includes 8 interactive webinars as well as an accompanying manual. We recommend all attendees familiarize themselves with the accompanying manual in advance of the webinar sessions.

Coupled with the manual, this training covers Asset/Liability management in a format that ensures trainees understand each step before moving on to the next one. Our expert will guide attendees through the most critical facets of Asset/Liability management, using section reviews to prepare them to complete their independent study and take the certification exam. The training includes:

• Defining and quantifying interest rate risk
• Utilizing gap analysis and its limitations
• Duration analysis – how to use it, and its disadvantages
• Income simulation analysis
• Economic value sensitivity analysis
• Asset/Liability Management goals, policies, procedures and systems
• Managing interest rate risk by focusing on investments
• Methods for effective back-testing
• Market value of portfolio equity
• 170-item checklist for evaluating interest rate risk computer models
• Dealing with administered rates, uncertain maturities and hidden options

Training will be conducted twice daily from 11-12:30 and 2:30-4 Eastern Time. Each session is approximately 60 minutes, followed by 30 minutes for questions and answers and live discussion. Plan to attend each session in its entirety in order to take full advantage of this unique learning experience. 

Attendees present for all 8 webinars and who complete a survey will receive a certificate for 9.5 continuing education credits. Those unable to attend a specific session will have access to audio recordings for all sessions along with presentation material on a secure website. All attendees must call in from one phone line. Additional charges will apply for multiple phone lines. If you are unable to attend this training session, contact your account representative to register for the next Certification Training Program.

Certification:

Upon successful completion, candidates who meet the requirements below will earn certification from Sheshunoff – a certification that shows your employer and regulators that you have met the standards of education, experience and skill required for this prestigious recognition by the industry leader in bank compliance. 

To qualify for Sheshunoff’s ALM Certification, candidates must successfully complete the course and exam and recertify every two years. Examinations are electronic but other arrangements can be made as necessary. 

To request your ALM Certification Exam:

Send an e-mail containing the following information to certification@sheshunoff.com containing the following information within one year of the purchase date of the ALM Certification:  

• The name, title and e-mail address of the student, as it should appear on the certificate.
• The name of the test that is being requested.
• The name, title and e-mail address of the proctor.
• The name and mailing address of the financial institution, as it should appear on the certificate.
• The date on which you would like to take the exam.  Please allow 5 business days from the time of request. 

Once this information has been processed, an e-mail will be sent to the exam proctor that contains exam instructions and login information. The exams are administered online and consist of multiple choice questions. Students are allotted 75 minutes to complete the timed exam, and a timer will be clearly displayed on the screen during the exam.  A score of 70% is required to pass the exam and achieve certification. Students may attempt the exam twice within one year from date of purchase. There is no additional fee for taking the exam. Should technical difficulties occur during the test, the proctor should call client services at 1-800-456-2340.

About Leonard M. Matz

Leonard M. Matz is an independent liquidity risk consultant. Previously, Mr. Matz was the international director of liquidity risk consulting for Bancware and for Kamakura. He began his career as an Examiner for the Federal Reserve of Cleveland and subsequently spent 15 years in senior risk management assignments at three U.S. banks. Mr. Matz has worked with bankers on six continents to review and revise their liquidity risk measurement, contingency planning, policies, documentation, and reporting. Bankers and regulators worldwide acknowledge Leonard’s influence on liquidity best practices. See all works by Mr. Matz