Course Library
Prerecorded courses on bank balance sheet risk management, taught by Professor Moorad Choudhry. Each course combines expert video instruction with downloadable study notes, designed for practitioners working in or alongside treasury, ALM and risk functions.
Bank Balance Sheet Risk Management
A four-part masterclass on the frameworks at the heart of bank ALM — ALCO governance, IRRBB, ILAAP and ICAAP — taught for practitioners, by a practitioner.
What you'll learn
- Explain the role of ALM and ALCO in governing a bank's balance sheet, and distinguish effective ALCO practice from a backward-looking reporting forum
- Identify the sources of interest rate risk in the banking book and measure it from both an earnings (NII) and economic value (EVE) perspective
- Understand how a bank assesses and defends its liquidity adequacy through the ILAAP, including stress testing and the Overall Liquidity Adequacy Rule
- Understand how a bank assesses and defends its capital adequacy through the ICAAP, including stress testing and capital planning
- See how these frameworks connect — shared risk appetite, aligned stress scenarios, and the Use Test that proves they drive real decisions
Who it's for
- Treasury, ALM and balance sheet management professionals
- Liquidity, capital and market-risk specialists in first and second line
- Finance, risk and internal audit staff supporting ALCO
- Board members and non-executives who oversee balance sheet risk and want to challenge it credibly
- Students and early-career professionals moving into treasury, risk or supervision
- Regulatory and supervisory staff wanting a concise practitioner view
Bank Asset–Liability Management: The Practitioner Programme
A working practitioner's course in bank ALM — capital adequacy and recovery planning, liquidity adequacy, interest-rate risk in the banking book, and the funds transfer pricing and ALCO governance that price and steer the whole balance sheet. Built around worked examples, real bank case studies and ready-to-use templates.
What you'll learn
- Build and defend an ICAAP that passes the Use Test, and understand how recovery and resolution planning sit around it
- Measure and stress test liquidity risk and produce an ILAAP that stands up to supervisory review
- Measure IRRBB on both an earnings (NII) and economic value (EVE) basis and manage it with real hedging strategies
- Design a funds transfer pricing regime that prices liquidity correctly and incentivises the right business behaviour
- Run a modern ALCO that governs capital, liquidity and interest-rate risk as one integrated balance sheet
- Anchor all of the above in current regulatory expectation — Basel, EBA, ECB principles and PRA supervisory statements
Who it's for
- Treasury, ALM and balance sheet management professionals
- Heads of treasury, ALCO members and those preparing for the role
- Liquidity, capital and market-risk specialists across first and second line
- Finance, risk and internal audit staff who prepare or challenge the ICAAP and ILAAP
- Regulatory and supervisory staff wanting a practitioner's view
- Experienced professionals who already know the concepts and need working command of the mechanics