Recharge Your ALM Process for Improved Performance
ARCHIVE OPTION AVAILABLE
Can't attend at this time? Click here for the archived version.
June 6, 2008
2:00–3:15 p.m. Central Time
(3:00–4:15 p.m. EDT, 1:00–2:15 p.m. MDT, 12:00–1:15 p.m. PDT — Confirm the relative time in your area by visiting www.time.gov)
Tuition: $219 for the live webinar (archive webinar not included)
ABOUT THIS WEBINAR
With the volatility in today's market, now is the time for your credit union to recharge your asset-liability management process into a profit center. Asset-liability management practices and controls hold the future to your net interest margin. Many credit unions continue to view the asset-liability management process as a measure of risk. We measure earnings and value at risk. But a major question remains unanswered. What about return? Isn't risk taking in any area of life measured against the possible return? Credit union ALM policies and practices continue to focus on the question of how much risk is in the current balance sheet. Little time or thought is placed on identifying the returns associated with those risks. Risk without return provides management and board with no foundation for decision making.
Through this webinar you will:
- Evaluate and modify risk measurements
- Understand how to use both EAR and VAR limits together for decision making
- Document the impact and source of key assumptions on risk profile
- Present more meaningful board and ALCO reports
You will also examine common mistakes in ALM practices including:
- Policy Limits
- Risk Measures
- Key Assumptions
Upon completion of this webinar, attendees will understand how to move from historical analysis to more progressive and forward-looking analysis to capture the best opportunities for growth and profitability. You will be able to evaluate the value of internal policies for risk vs. return and document those major elements that influence risk.
WHO SHOULD ATTEND
This webinar is beneficial for financial management staff, accounting staff, management, or any other credit union staff who desire to learn more about financial management issues.
Affiliation with CUNA/League is required for attendance.
For more program content information, call 800-356-9655, ext. 4249 or e-mail elearning@cuna.coop. For registration questions, call 800-356-9655, ext.4400 or e-mail reginfo@cuna.coop.
INSTRUCTORS
David Koch
David Koch has over 15 years experience in the financial institution industry. He is responsible for sales and business development nationwide. In this capacity, Mr. Koch assits financial institution management teams on realizing the benefits from Farin's financial solutions and education.
Mr. Koch is a frequent speaker on interest rate risk management to financial institutions across the country. he works closely with financial executives to help find creative solutions to their business challenges.
Mr. Koch serves on the faculty of the Graduate School of Banking at the University of Wisconsin and the CUNA Management School in Madison, WI.
Prior to joining Farin & Associates, Mr. Koch worked with a mid-western consulting firm, assisting financial institutions in the development of asset-liability procedures, policies and measurement systems.
WEBINAR OVERVIEW
CUNA Webinars enable staff to pick up new skills and keep up with daily responsibilities. Just like in face-to-face classes, students see and hear a presentation, ask questions of the instructor, and refer to handouts. You need only a speakerphone and computer with Internet connection. And if you have a computer projection screen, it's easy to provide this training to a whole roomful of staff!
Use our webinars as part of a full day of training. Gain knowledge and ideas at the webinar, then spend some time discussing how the new information applies to your credit union.
CUNA Webinars use WebEx to provide an interactive and convenient online learning environment. Whether you are a first time WebEx user, or simply need a refresher, take a short tour of WebEx to help you get the most from CUNA Webinars. You'll learn how to effectively interact with the presenter and your peers during live webinars.
FREE PUBLICATIONS
Try one of these publications free when you register for this program!
- Credit Union Magazine (6 months free!)
- Directors Newsletter (6 months free!)
Find out more about these publications
CANCELLATIONS
The last day for cancellations was May 29, 2008. Substitutions are accepted anytime prior to the start of the program at no additional cost. Simply fax event and contact information, listing the new participant and who they will be replacing. Cancellation fees do not apply for free or complimentary programs.
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