Events

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ALM Education: For Those Who Need To Sweat The Details

Finance teams have a unique challenge in that their institutions rely on them to deeply understand the ins and outs of ALM and effectively communicate the short- and longer-term financial impacts of various decisions. 

This course is designed to break down and simplify the complex web of methodologies and assumptions using real-world scenarios and modeling what-ifs.   

For Those Who Need to Sweat the Details is a combination of virtual and in-person (limited) attendees.  This synchronous learning environment has proven to be successful for engaging discussion and interactive learning for all attendees. 

Finance teams have a unique challenge in that their institutions rely on them to deeply understand the ins and outs of ALM. 

Day 1:  Setting the Foundation 

Day one in classroom style is designed to provide a basic understanding of ALM methodologies and assumptions while providing useful ways to communicate how the numbers connect to your institution’s strategy. 

We will address simple concepts of: 

  • What risks you would want to measure and how to evaluate those risks 
  • NEV, Static Balance Sheet, Long-Term Risks to Earnings and Net Worth:  Understanding the results and how to use them 
  • What assumptions are needed for different methodologies 
  • Understanding profitability by asset category 
  • Introduction of Napkin Math to evaluate the reasonableness of answers 

Days 2-4:  Methodologies, Assumptions, and Messaging 

Days two through four are designed to break down and simplify the complex web of methodologies and assumptions using real-world scenarios and modeling what-ifs.  This interactive format allows for learning practical ways to communicate how the numbers connect to strategy. 

We will address questions we often hear, such as: 

  • What does each common ALM modeling methodology tell us – or not tell us? 
  • What are the top 10 observations from model validations? 
  • What are proven practices for creating reasonable modeling assumptions and identifying key issues in our model setup? 
  • What are advanced approaches for creating strategies to optimize sustainable earnings and remain within our established risk limits? 
  • How can we calculate our strategic capital requirements in order to communicate risks to net worth in aggregate? 
  • What questions should we consider when quantifying our liquidity needs? 
  • What are practical ways to help other decision-makers see the short- and long-term financial impact of our strategic plan? 
  • What are financial institutions being asked by examiners about their ALM process? 

Our engaging instructors work with hundreds of financial institutions.  Bring your questions.  They will be ready to answer them. 

Logistics:  This experiential learning event is hybrid – you can choose to attend virtually or in person.  This synchronous learning environment has proven to be successful in engaging discussion and providing interactive learning for all attendees.  

If you choose to come see us in person, you would be visiting sunny Phoenix, Arizona.  We are located next to South Mountain Preserve, the nation’s largest municipal park, with 51 miles of trails for hiking, biking, and horseback riding.  You may even want to make a long weekend of it and visit Sedona or the Grand Canyon.  We also are near several local favorites like the Desert Botanical Garden and the Phoenix Zoo.

Who Should Attend:  CFOs and finance team members 

What People Are Saying: 

“The quick math formulas are very valuable and something I can share with my ALCO” – Chief Financial Officer 

“It was helpful to run through different scenarios and understand the overall impacts” –  Senior Financial Analyst 

“I now have a better understanding of reports and visualizations” –  Director of Finance 

Course Times:

Tuesday, June 14, 2022:  8:30am – 1:30pm PT 

Wednesday, June 15, 2022:  8:30am – 1:30pm PT 

Thursday, June 16, 2022:  8:30am – 1:30pm PT 

Friday, June 17, 2022:  8:30am – 1:30pm PT 

Fees, Refund, and Course Cancellation Policy:

Fee*:  $980 for one participant; $840 for each additional participant from the same institution. 

Refunds will not be given for cancellations received less than 30 days prior to the session; however, a substitute from your credit union is welcome. 

In the rare case that a class must be cancelled, c. myers will make every effort to do so 30 days or more in advance of the class, in which case we are not responsible for travel costs or penalties incurred. 

*Reduce your fee 15% by registering at least 30 days prior to the course. 

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ALM Fundamentals for Decision-Makers

ALM Fundamentals for Decision-Makers:
Strengthening Business Insights

Our December ALM Fundamentals for Decision-Makers course will be a combination of virtual and in-person (limited) attendees.  This synchronous learning environment has proven to be successful for engaging discussion and interactive learning for all attendees.

This course is designed for decision-makers who don’t live ALM, yet have responsibilities for making strategic recommendations and/or decisions.  Most decisions impact financial performance in the short and long term.  Used well, ALM can be a window to see that impact.

Using case studies of decisions ALCOs grapple with, we will make the following topics come to life:

  • The “So What?” of common ALM methodologies
  • Key assumptions that can change ALM results
  • Great questions to ask as you are reviewing results
  • The power of answering “What-if…?”

Our engaging instructors work with hundreds of financial institutions.  Bring your questions.  They will be ready to answer them.

In-Person Location:  Courses are in sunny Phoenix, Arizona at our headquarters next to the South Mountain Preserve, the nation’s largest municipal park, with 51 miles of trails for hiking, biking, and horseback riding.  You may even want to make a long weekend of it and visit Sedona or the Grand Canyon.  We also are near several local favorites like the Desert Botanical Garden and the Phoenix Zoo.

In-person attendance will be limited, and available on a first come, first serve basis.

Who Should Attend:  Any decision-makers who are responsible for making strategic recommendations and/or decisions and want a foundation before attending Cultivating Agile ALCO members. 

Course Times:

Monday, December 6, 2021:  9:00am – 2:30pm MT

Fees, Refund, and Course Cancellation Policy

Fee*:  $400 for one participant; $350 for each additional participant from the same institution.

Refunds will not be given for cancellations received less than 30 days prior to the session; however, a substitute from your credit union is welcome.

In the rare case that a class must be cancelled, c. myers will make every effort to do so 30 days or more in advance of the class, in which case we are not responsible for travel costs or penalties incurred.

*Reduce your fee 15% by registering at least 30 days prior to the course.

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A/LM Education – Fundamentals & The Next Step

Our three-day A/LM Education course includes the The Fundamentals: Using A/LM for Actionable Business Intelligence and The Next Step: Connecting A/LM with Strategy.

The Fundamentals: Using A/LM for Actionable Business Intelligence

Our flagship course will show you how to use A/LM to provide your team with actionable business intelligence.  You’ll leave with a better grasp of the answers to questions such as:

  • What are high-functioning credit unions doing to remain relevant long term as the pace of change increases?
  • What are risk and reward trade-offs of trying to achieve a desired ROA today versus trying to protect a minimum net worth ratio for the future?
  • What does each modeling methodology tell us – or not tell us?
    • Net interest income (static and dynamic)
    • NEV (including OAS, stochastic, and the NCUA Supervisory Test)
    • Long-term net worth at risk
  • What are the top 10 observations from model validations?
  • What are the fundamental risks and rewards of different investments?
  • What are best practices for creating and using loan and deposit modeling assumptions?
  • What is important to know about new rules, regulations, and supervisory guidance related to interest rate risk (IRR) management?

You’ll work in teams using case studies of real credit unions. We’ll quickly test decisions you’d consider if you were managing these credit unions and you’ll see how your decisions could change the financial performance and risk profiles of your case studies. You will leave the session better equipped to make business decisions.

The Next Step: Connecting A/LM with Strategy

There is less and less room for error in the financial services industry; the consequences of not asking the right questions have become more severe. This one-day course will focus on questions to ask when contemplating key strategic decisions.

Such questions include:

  • What are advanced techniques to create efficient balance sheet strategies that enable us to optimize ROA today and remain within our established risk limits?
  • How can we calculate our strategic net worth requirements in order to communicate risks to net worth in totality?
  • What are business model implications that credit unions need to consider with regard to CECL?
  • What are important decisions that need to be made when developing concentration risk limits?
  • What questions should we consider when quantifying our liquidity needs?
  • What are strategies for creating long-term financial forecasts?
  • What are credit unions being asked by examiners about their A/LM process?
  • What questions should we be asking when considering derivatives to manage interest rate risk?

Throughout the course, there will be opportunities to discuss specific questions, issues, and decisions you may be considering.

Participants will earn up to 19.5 CPE credits

Content level: Basic and Advanced

Instructional Delivery Method: Group Live

Location: Courses are in sunny Phoenix, Arizona at our headquarters next to the South Mountain Preserve, the nation’s largest municipal park, with 51 miles of trails for hiking, biking, and horseback riding. You may even want to make a long weekend of it and visit Sedona or the Grand Canyon. We also are near several local favorites like the Desert Botanical Garden and the Phoenix Zoo.

CPE Field of Study: Finance                                               

Prerequisite Education or Experience: Basic familiarity with credit union financial statements

Advance Preparation Requirements: None

Who Should Attend: Any credit union board member, executive, manager, accountant, or analyst with responsibility for understanding and/or managing asset and liability management

Fees, Refund, and Course Cancellation Policy

Fee*: $980 for one participant; $840 for each additional participant from the same credit union

Refunds will not be given for cancellations received less than 30 days prior to the session; however, a substitute from your credit union is welcome.

In the rare case that a class must be cancelled, c. myers will make every effort to do so 30 days or more in advance of the class, in which case we are not responsible for travel costs or penalties incurred.

*Reduce your fee 15% by registering at least 30 days prior to the course.

Complaint Resolution Policy

C. myers will make every effort to resolve complaints regarding NASBA compliance within a reasonable amount of time and in a confidential manner. A formal complaint must be submitted in writing and must set forth a statement of the facts and the specific remedy sought. Submit complaints to:

c. myers corporation
Attn: CPE Program Administrator
8222 South 48th Street
Suite 275
Phoenix, AZ 85044

CPE Program Administrator: 800.238.7475

C. myers corpNational Registry of CPE Sponsors, A/LM Educationoration is registered with the National Association of State Boards of Accountancy (NASBA) 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 for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

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A/LM Education – Fundamentals – FULL

The Fundamentals: Using A/LM for Actionable Business Intelligence

CLASS FULL:  please contact us to be added to the waiting list.

Our flagship course will show you how to use A/LM to provide your team with actionable business intelligence.  You’ll leave with a better grasp of the answers to questions such as:

  • What are high-functioning credit unions doing to remain relevant long term as the pace of change increases?
  • What are risk and reward trade-offs of trying to achieve a desired ROA today versus trying to protect a minimum net worth ratio for the future?
  • What does each modeling methodology tell us – or not tell us?
    • Net interest income (static and dynamic)
    • NEV (including OAS, stochastic, and the NCUA Supervisory Test)
    • Long-term net worth at risk
  • What are the top 10 observations from model validations?
  • What are the fundamental risks and rewards of different investments?
  • What are best practices for creating and using loan and deposit modeling assumptions?
  • What is important to know about new rules, regulations, and supervisory guidance related to interest rate risk (IRR) management?

You’ll work in teams using case studies of real credit unions. We’ll quickly test decisions you’d consider if you were managing these credit unions and you’ll see how your decisions could change the financial performance and risk profiles of your case studies. You will leave the session better equipped to make business decisions.

Participants will earn up to 11.5 CPE credits

Content level: Basic

Instructional Delivery Method: Group Live

Location: Courses are in sunny Phoenix, Arizona at our headquarters next to the South Mountain Preserve, the nation’s largest municipal park, with 51 miles of trails for hiking, biking, and horseback riding. You may even want to make a long weekend of it and visit Sedona or the Grand Canyon. We also are near several local favorites like the Desert Botanical Garden and the Phoenix Zoo.

CPE Field of Study: Finance                                               

Prerequisite Education or Experience: Basic familiarity with credit union financial statements

Advance Preparation Requirements: None

Who Should Attend: Any credit union board member, executive, manager, accountant, or analyst with responsibility for understanding and/or managing asset and liability management

Fees, Refund, and Course Cancellation Policy

Fee*: $580 for one participant; $490 for each additional participant from the same credit union

Refunds will not be given for cancellations received less than 30 days prior to the session; however, a substitute from your credit union is welcome.

In the rare case that a class must be cancelled, c. myers will make every effort to do so 30 days or more in advance of the class, in which case we are not responsible for travel costs or penalties incurred.

*Reduce your fee 15% by registering at least 30 days prior to the course.

Complaint Resolution Policy

C. myers will make every effort to resolve complaints regarding NASBA compliance within a reasonable amount of time and in a confidential manner.  A formal complaint must be submitted in writing and must set forth a statement of the facts and the specific remedy sought. Submit complaints to:

c. myers corporation
Attn: CPE Program Administrator
8222 South 48th Street
Suite 275
Phoenix, AZ 85044

CPE Program Administrator: 800.238.7475

National Registry of CPE Sponsors, A/LM EducationC. myers corporation is registered with the National Association of State Boards of Accountancy (NASBA) 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 for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

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A/LM Education – Fundamentals

The Fundamentals: Using A/LM for Actionable Business Intelligence

Our flagship course will show you how to use A/LM to provide your team with actionable business intelligence.  You’ll leave with a better grasp of the answers to questions such as:

  • What are high-functioning credit unions doing to remain relevant long term as the pace of change increases?
  • What are risk and reward trade-offs of trying to achieve a desired ROA today versus trying to protect a minimum net worth ratio for the future?
  • What does each modeling methodology tell us – or not tell us?
    • Net interest income (static and dynamic)
    • NEV (including OAS, stochastic, and the NCUA Supervisory Test)
    • Long-term net worth at risk
  • What are the top 10 observations from model validations?
  • What are the fundamental risks and rewards of different investments?
  • What are best practices for creating and using loan and deposit modeling assumptions?
  • What is important to know about new rules, regulations, and supervisory guidance related to interest rate risk (IRR) management?

You’ll work in teams using case studies of real credit unions. We’ll quickly test decisions you’d consider if you were managing these credit unions and you’ll see how your decisions could change the financial performance and risk profiles of your case studies. You will leave the session better equipped to make business decisions.

Participants will earn up to 11.5 CPE credits

Content level: Basic

Instructional Delivery Method: Group Live

Location: Courses are in sunny Phoenix, Arizona at our headquarters next to the South Mountain Preserve, the nation’s largest municipal park, with 51 miles of trails for hiking, biking, and horseback riding. You may even want to make a long weekend of it and visit Sedona or the Grand Canyon. We also are near several local favorites like the Desert Botanical Garden and the Phoenix Zoo.

CPE Field of Study: Finance                                               

Prerequisite Education or Experience: Basic familiarity with credit union financial statements

Advance Preparation Requirements: None

Who Should Attend: Any credit union board member, executive, manager, accountant, or analyst with responsibility for understanding and/or managing asset and liability management

Fees, Refund, and Course Cancellation Policy

Fee*: $580 for one participant; $490 for each additional participant from the same credit union

Refunds will not be given for cancellations received less than 30 days prior to the session; however, a substitute from your credit union is welcome.

In the rare case that a class must be cancelled, c. myers will make every effort to do so 30 days or more in advance of the class, in which case we are not responsible for travel costs or penalties incurred.

*Reduce your fee 15% by registering at least 30 days prior to the course.

Complaint Resolution Policy

C. myers will make every effort to resolve complaints regarding NASBA compliance within a reasonable amount of time and in a confidential manner.  A formal complaint must be submitted in writing and must set forth a statement of the facts and the specific remedy sought. Submit complaints to:

c. myers corporation
Attn: CPE Program Administrator
8222 South 48th Street
Suite 275
Phoenix, AZ 85044

CPE Program Administrator: 800.238.7475

National Registry of CPE Sponsors, A/LM EducationC. myers corporation is registered with the National Association of State Boards of Accountancy (NASBA) 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 for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.