Wednesday, September 19, 2018 • Noon ET
Dave Wicklund, Director of ALM Advisory Services, Plansmith Corporation
With market rates continuing to move and a renewed regulatory focus on interest rate risk (IRR), it’s more important than ever for credit unions to have a comprehensive IRR management process in place to identify, measure, monitor, and control the impact that changing rates will have on both short-term earnings and longer term capital. As part of a more comprehensive enterprise risk management structure, an effective IRR management program should include a corporatewide governance structure; relevant measurements and modeling; documented and supported institution-specific assumptions; and a thorough control process that includes independent review, validation, and backtesting. This session will cover each of these key areas, highlighting the most critical items to be included as part of each pillar. |
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