Managing Rising Rates: Dictating Your Strategy
The summer of 2008 seems like forever ago, and in many ways it is. That is the last time we saw Fed Funds at 2.00% – and things certainly have changed since then. The time has come for action. Is your ALCO ready for the challenge – and opportunity?
“Time and expertise” are the biggest deterrents for banks for bringing asset liability management (ALM) to the forefront of discussions. They know it’s important, and will often times look to articles, blogs or social media to find recommendations and “quick fixes” to help. But what’s good for the bank across the street may not be the right fit for you – there is no quick fix to be had.
This session will address many of the key questions that are top of mind for bankers today: To what degree will rates rise and over what time period? More importantly, what about the slope of the curve? A rising rate scenario accompanied by a flatter yield curve will wreak havoc for many banks, while others will thrive. What have we learned from previous rate cycles, and what strategies should we consider and avoid this time around? A well-informed and focused ALCO has far better odds of balancing current earnings needs with the challenges of the new rate cycle. Many institutions will hit the “panic” button at precisely the wrong time and take action they will likely regret down the road.
Mark is a Managing Director at Darling Consulting Group. In this role, Mark works directly with financial institutions to strengthen their asset liability management process. He provides support to clients in the areas of liquidity risk management, capital, ALM modeling and reporting and regulatory compliance.
He is a top-rated speaker and frequent author on numerous balance sheet management topics and conducts customized executive and board-level workshops to improve financial institutions’ performance through a more focused ALCO process.
Mark has been with DCG since 1997 and oversaw the operations of the company’s Financial Analytics Group for many years. He has over 20 years of experience in the banking industry in the areas of asset liability management and bank auditing.
Mark lives on the North Shore of Boston with his wife and two children. He is a graduate of St. Michael’s College in Vermont with a degree in accounting.
Registration to the live session includes:
- One online connection
- CPE credit for registrant
- Permission to reproduce the handouts and other written material for additional attendees at your
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Instructions for viewing the on-demand session will be emailed to you at the conclusion of the live
|| Earn up to 1 hour of CPE
- Level: Basic
- Prerequisites: None
- Advance preparation: None
- Field of Study: Strategy
- Instructional Method: Group Internet Based
- Length: 60 minutes
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