Is your institution moving towards integrated market, liquidity, and credit risk measurement, pricing, and management? Industry best practices and regulatory requirements are congruent with this trend, so your institution needs to be moving with it.

The 2009 “Interagency Guidance on Funding and Liquidity Risk Management” emphasizes the importance of specific tools for sound liquidity and funding risk monitoring and management. It also clarifies the process that financial institutions should follow to appropriately identify, measure, monitor and control funding and liquidity risk.

Under this new guidance, financial institutions are required to implement effective liquidity and funding management internal controls and review procedures to monitor compliance with supervisory directives, internal policies, and management reporting. Regulators around the globe have taken note and are focusing on this new initiative.

Attend this two-day seminar to examine global best practices and discuss the specific steps your institution can take to ensure your liquidity measurement and policy development is up to speed. You’ll learn how to include market, liquidity, and credit risks in your ALCO reporting and decision making processes and will be given a sample liquidity contingency plan template to use back at your own institution.

• Examine new liquidity rules
• Review liquidity policy “must haves”
• Establish liquidity measurement and management as the foundation of your ALCO
• Learn how to develop and use scenario analysis for liquidity, market, and credit risks
• Review current trends in integrated risk measurement

Thursday, March 25, 2010

8:00 AM – 8:30 AM Registration & Continental Breakfast
8:30 AM – 4:00 PM Seminar

Integrated Risk Measurement

• Why integrating the “CAELS” helps the “M”
• Why liquidity measurement and management should be the foundation of your ALCO
• How to include liquidity and credit risk metrics in your ALCO and firm-wide processes

Measuring and Monitoring

• Why most bank income sensitivity reports are a waste of time
• How to include the right interest rate scenarios for ALM modeling
• Measure earnings risks appropriately
• Develop and use scenario analysis for liquidity, market, and credit risks
• Review monitoring and stress testing scenarios

Fair Value

• Review of Fair Value

Best Practices and Recent Trends

• How to integrate market, liquidity, and credit risk analytics in your ALCO as a leading (rather than lagging) risk indicator and risk measurement and monitoring tool
• Review recent marketplace and regulatory trends in integrated risk measurement
• New industry benchmarks results for market risk sensitivity and valuation of loan portfolios

Friday, March 26, 2010

8:00 AM – 8:30 AM Continental Breakfast
8:30 AM – 3:00 PM Seminar

Liquidity 101

• Liquidity management basics
• New regulatory focus on liquidity
• Current liquidity essentials
• The role of liquidity management in the ALM process and why it’s important
• Measuring the quality of your liquidity management

Changes to Guidance on Liquidity Management

• Basel II stand on liquidity
• New U.S. and international banking guidance on liquidity management
• Review who should be a part of your CFP team

Creating a Sound Contingency Funding Plan (CFP)

• Review a checklist and discuss the essential components that makeup a sound CFP
• Discuss in detail all of the funding options that may be a part of your CFP
• Review who should be a part of your CFP team

Building an Effective Liquidity Program

• Liquidity management policy “must haves”
• Liquidity contingency planning policy “must haves”
• How to execute a liquidity program today that uses both asset-based and liability- based principles
• Review potential liquidity crises scenarios and how to deal with them

Case Study

• Review a sample liquidity contingency planning template for use in your institution

FMS is registered with the National Association of State Boards of Accountancy as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses. Complaints regarding sponsors may be addressed to: The National Registry of CPE Sponsors, 150 Fourth Avenue, North, Suite 700, Nashville, TN 37219-2417 Web: www.nasba.org.

• Level: Basic to Intermediate
• Prerequisites: None
• Advance preparation: None
• Field of Study: Finance
• Credit Hours: Up to 13
• Instructional Method: Live-Group

For more information regarding administrative policies such as complaints or refunds, call 800-ASK-4FMS (800-275-4367).

Anyone responsible for asset/liability management at a community financial institution would benefit from this seminar, including:

• CEOs
• CFOs
• Controllers
• Treasurers
• Funding/Investment Managers
• Assets/Liability Managers
• ALCO members
• Risk Managers
• Auditors

Grand Hyatt Tampa Bay
2900 Bayport Drive
Tampa, Florida 33607

Reservations: 888-421-1442

Click here to register for accommodations online

Special room rate: $185 single/double
Deadline for rate: New Date: March 8, 2010

When calling for hotel reservations, identify yourself as a Financial Managers Society meeting attendee to secure a room at the reduced rate.

Ground Travel
Please visit the hotel website at http://grandtampabay.hyatt.com for detailed maps and directions.

Attire
Seminar attire is business-casual. Please bring a jacket or sweater as meeting rooms may be cool.

Refunds and Cancellations
A refund minus a $150.00 processing fee will be provided for cancellations received by FMS in writing by March 8, 2010. No refund can be given for cancellations received after that date; however, a substitution from your company is welcome. FMS reserves the right to change instructors or reschedule/cancel sessions when necessary. FMS is not responsible for airfare penalties that may be incurred due to the cancellation of FMS programs.

Save $100 with a Members-Only Team Discount!
FMS Members and their coworkers save $100 per person when they register two or more employees. Simply complete one form per person and deduct $100 from the fee.

Not an FMS Member? Join now and save with the team discount today!

As Managing Principal of the ALMnetwork, Fred works with financial institutions on ALM consulting issues. He has worked in the financial services industry for over 25 years and his experience includes: regional bank ALM management, Wall Street bond sales, fixed income fund design, and ALCO consulting. Fred is a frequent industry author and speaker and has presented at bank and risk management conferences in the U.S. and abroad. He has written numerous papers and books and served as the lead author of FMS’s Investment Portfolio Basics. Fred holds a B.S. and M.S. in Finance from the University of Florida and Florida International University, respectively, and has conducted post-graduate studies in Information Systems at Johns Hopkins.

Leonard Matz, consultant and bank trainer, has been in the banking industry since he became a federal bank examiner in 1973. He has spent more than 15 years in banking as a senior manager, including serving as senior vice president for investments and funds management at the largest subsidiary of Michigan National Corporation. He was chairman of the Risk Conferences on Liquidity in 1999 and 2002, has lectured at the Graduate School of Banking at Madison, Wisconsin, and has been a member of the National Asset/Liability Management Association since 1989. Mr. Matz is the author or coauthor of numerous financial publications published by Sheshunoff including Liquidity Risk Management, Self-Paced Asset/Liability Training, as well as numerous magazine and journal articles.