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Welcome to The Quants Hub

The Quants Hub is a comprehensive online platform for Quantitative Analysts, Risk Managers, Structuring and Trading Desks, Model Validation, Programmers & Developers & Financial Engineers. This empowers you and your institution to create an individualised bespoke educational library. Use the Quants Hub as a learning resource for your team, or part of your companies learning & development strategy.

Workshop fee: £599.00 + UK VAT. 

Monday 20th October: Bank ALCO Governance and Process Best-Practice by Moorad Choudhry

Professor Moorad Choudhry is at the Department of Mathematical Sciences, Brunel University. He is also Honorary Professor at Kent University Business School and Visiting Teaching Fellow at the Department of Management, Birkbeck, University of London.

Moorad has over 25 years experience in banking in the City of London and was latterly Treasurer at Williams & Glyn plc, Royal Bank of Scotland. Prior to that he was Head of Treasury at RBS Corporate Banking, Head of Treasury at Europe Arab Bank, Head of Treasury at KBC Financial Products and vice-president in structured finance services at JPMorgan Chase Bank.

Moorad is a Fellow of the Chartered Institute for Securities & Investment and a member of the Board of Governors of IFS-University College. He is Editor of Review of Financial Markets, and on the Editorial Boards of the Journal of Structured Finance, Qualitative Research in Financial Markets and American Securitization. He is author of The Principles of Banking (John Wiley & Sons 2012).

Bank ALCO Governance and Process Best-Practice

The “Dear CEO” letter issued by the UK FSA in January 2011 demonstrated the importance of a bank’s asset-liability committee (ALCO) process in bank risk management and the regard in which it is held by the regulatory authorities. The ALCO is an essential part of effective bank governance infrastructure and capability.

This one-day course and workshop has been designed to raise awareness and understanding of recommended best-practice principles for ALCO governance and procedure. Aimed at senior managers, executives and non-executive directors in all types of banking institutions, as well as all staff involved in the ALCO process, the course presents essential tools and techniques of value in inculcating the right governance culture, as well as a range of templates that can be applied at any bank.

At the end of the course delegates will have an understanding of ALCO terms of reference formulation, a clearer understanding of how to formulate and drive the governance process in the most effective way and possession of a tool-kit of best-practice ALCO templates.

Key Features:

The Role of the Asset-Liability Committee in Bank Governance and Risk Management

  • Bank risk management operating framework
  • Board and ExCo interaction

ALCO Organisation and Operating Framework

  • Membership, responsibilities
  • The ALCO Terms of Reference: best-practice framework
  • Reporting line and Board-delegated authority
  • Confirming the timetable and “standing items” diary
  • Sub-committee organisation and reporting
    • Balance sheet management committee
    • Products pricing committee

ALM Policy Framework

  • Policy approval process
  • Appropriate policy-setting procedure: fitting policy in line with the bank operating model
  • Hedging policy
  • Risk appetite framework

Working as Part of the Balance Sheet Risk Triumvirate

  • Effective interaction with CRO and CFO offices and committees
  • Managing and driving balance sheet risk culture

Effective Governance of the ILAA and ICAAP Process

  • What to ensure is in place during ILAA / ICAAP preparation and submission
  • What to look for in the ILAA  / ICAAP summary to ensure regulator sign-off

The ALCO MI Pack

  • Guidelines for constructing a fit-for-purpose MI deck
  • Recommended ALCO MI pack template structure

Working with the Board

  • ALCO pack and the Board paper summary  / briefing note
  • Deciphering the ALCO pack
    • What to look for
    • Does it answer the Board’s questions?
    • Is there anything missing?
  • Reviewing ALCO, Exco and Board interaction and effectiveness

WORKSHOP EXERCISE: Drafting the ALCO Agenda and MI Pack

  • Balance sheet review: assessing items for the ALCO agenda
  • Datasets for inclusion in MI pack
  • Most effective way to communicate risk exposure data and MI
  • Forward planning: the year’s schedule, agenda of standing items + schedule

Who Should Attend?

  • All ALCO members
  • Treasury, Risk and Finance senior management
  • Board NEDs
  • Regulators
  • Regulatory reporting department
  • Compliance and Internal audit

Workshop Schedule: 11:00 – 16:00

Break: 12:00 – 12:15
Lunch: 13:15 – 14:00
Break: 15:00 – 15:15

Details

Location:

Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
Hotel Website

Flight details:

All delegates flying into London on the morning of the event are reminded that they should arrive 30 minutes before the workshop starts for registration. The hotels West End location is approximately 1 hour from all 3 main London airports, Heathrow, Gatwick and City. Returning flights should equally allow for the events finishing time.

Sponsorship:

World Business Strategies offer sponsorship opportunities for all events, E-mail headers and the web site. Contact Sponsorship: +44 (0) 1273 201352

Disclaimer:

World Business Strategies command the rights to cancel or alter any part of this programme.

Cancellation:

By completing of this form the client hereby enters into a agreement stating that if a cancellation is made by fax or writing within two weeks of the event date no refund shall be given. However in certain circumstances a credit note maybe issued for future events.

Prior to the two week deadline, cancellations are subject to a fee of 25% of the overall course cost.