Recorded: April 9, 2013
Length: 75 Minutes
The key risks that a Asset-Liability Committee (ALCO) traditionally manage are more interrelated today than ever before (i.e. liquidity, interest rate, capital/earnings). While credit and operational risk may not be directly managed by ALCO, their influence and impact on strategic discussions and the decision-making process must be clearly understood. Ignoring the integration of these risks and maintaining them in separate silos will negatively impact an institution's financial performance, put you at a competitive disadvantage and invite regulatory scrutiny.
The new reality for risk managers and ALCOs is integrated risk management - evaluating potential risks on a forward-looking holistic basis and developing tactical plans and strategies to turn those potential risks into opportunities and success.
In this interactive session, we will share insightful ideas on how to effectively incorporate Enterprise Risk Management (ERM) into the ALCO framework. We'll highlight the potential impediments and challenges that can undo your best laid plans and provide participants with a clear understanding of how to transform a compliance-oriented ERM process into a strategic tool of ALCO.
Who Should Attend: This class is designed for CEOs, CFOs, CROs, Enterprise Risk Managers and ALCO Members.
- What ERM elements must belong to ALCO.
- How to develop and document integrated risk strategies that lead to action.
- The critical role of integrated assumption management and stress-testing.
- Managing regulatory demands for more planning, more documentation, more policies and more stress-testing in this highly charged environment.
Speaker: Michael R. Guglielmo, Managing Director, Darling Consulting Group
With over 25 years of experience in asset/liability management, Michael has provided technical and strategic consulting to a diverse group of financial institutions in the U.S. and abroad. Michael is an author and top rated speaker on a variety of balance sheet management topics.
1 CPE Credit
Program Level: Basic-Intermediate