WEBINAR: Five Steps to Launch Your Institution’s Hedging Strategy
It’s a whole new world for credit unions, who can finally use many of the same tools as banks to hedge interest rate risk. What are the steps to implement a sound derivatives strategy for your institution? Robert Perry and Mike Ensweiler at ALM First, will lead a discussion on the key elements to a hedging strategy, how to implement one and how a hedging strategy may benefit your balance sheet.
- Clarify why financial institutions need a hedging strategy
- Outline the new rules on derivatives that apply to credit unions
- Understand how to develop and implement a hedging strategy
- Learn how a sound hedging strategy can help strengthen an institution’s balance sheet
Principal, ALM First Financial Advisors
Robert Perry is a Principal at ALM First Financial Advisors, joining the firm in 2010. Robert leads ALM First’s ALM and Investment Strategy Groups and is responsible for the development of asset liability and investment portfolio themes for the firm. He also provides strategic focus for financial institution client portfolios that are primarily invested in the high credit quality sectors, and is instrumental in balance sheet hedging strategy development.
Before joining ALM First, Robert previously served as Managing Director of the ALM and Investment Strategy division of DataTech Management in Los Angeles, and Chief Investment Officer for First Coastal Bank in Manhattan Beach. Previously, Robert was a Principal and Product Portfolio Manager at Smith Breeden Associates, Inc., where he managed Smith Breeden’s Enhanced Cash and Enhanced Equity Strategies. He also managed Smith Breeden’s bank consulting group, which included the non-discretionary asset management and risk-reporting businesses. Prior to joining Smith Breeden in 1991, he worked as an analyst in the risk management area of Centura Bank in North Carolina.
Robert graduated from North Carolina State University with a bachelor of arts degree in business management.
Principal, ALM First Financial Advisors
Mike Ensweiler is a Principal at ALM First Financial Advisors, joining the firm in 2009. Mike leads the sales team where he develops the firm’s sales and growth strategies. In addition to sales, Mike manages all areas of marketing and client relations for the firm. He has an extensive financial services background, with success in helping financial institutions increase their productivity and strengthen their bottom lines.
As an “industry insider” with first-hand knowledge of financial institution operations, Mike uses his relationship management skills, along with his proficiency in asset liability management and balance sheet strategies, to identify appropriate solutions for prospective financial institutions.
Mike has shared his expertise at various industry conferences and facilitates strategic planning sessions for financial institutions across the country.
Mike began his financial services career in 1992 and has progressively moved up the ranks to hold senior positions. His experience includes serving on the Senior Management Team at Minnesota Corporate FCU and Mid-States Corporate. Additionally, he has held positions in consumer lending, operations and accounting at several credit unions and a community bank.
Mike received a bachelor’s degree in political science from Northern Illinois University in DeKalb, and earned the Certified League Executive designation from CUNA's League Management Institute at the University of Wisconsin, Madison.
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 location
Only registered attendees of the live session can obtain CPE credit. Attendees of FMS live webinars also receive two views of the On-Demand version of the program they attend. Use this bonus feature to share the program with colleagues or as a refresher at a later date. Instructions for viewing the on-demand session will be emailed to you at the conclusion of the live event.
|| Earn up to 1 hour of CPE credit
- Level: Basic
- Prerequisites: None
- Advance preparation: None
- Field of Study: Finance - Technical
- Instructional Method: Group Internet Based
- Length: 60 minutes
For more information regarding administrative policies such as concerns or refunds, call 312-578-1300. 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.
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