Before taking this course, participants should have an understanding of financial instruments, financial markets, and interest rate mechanics either through the Analyzing Bank Performance course or experience. This is a difficult course that covers a number of complex concepts and requires an ability to deal with a variety of mathematical concepts and computations.

   Audience: Individuals involved in asset liability management or line managers making pricing, investment, or funding decisions that impact interest rate risk.

    Learning Objectives

   At the conclusion of the program participants will be able to:

• Understand the mechanics of valuing cash flows including durations and price sensitivity
• Identify the determinants of the overall level of interest rates
• Use static GAP and duration GAP analysis to measure interest rate risk
• Assess the impact on interest rate risk of various pricing, investment, and funding decisions
• Use a range of derivatives to manage interest rate risk including futures, forwards, interest rate swaps, caps, floors, and collars
• Apply all of these concepts to the management interest rate risk in your own institution

Enrollment Form

(Download and print from SER-CFT website, complete and fax to 904-354-1834)