Rishabh Khurana
What this student achieved having studied the CertBALM®?
They gained a firm understanding of how to manage a bank's balance sheet, i.e. the management of capital, liquidity and funding as well as interest rate risk in the banking book. They are able to recognise the practical problems arising from these risks and how to solve such problems. To understand the regulatory context of bank and building society balance sheet management and the governance process that results. The CertBALM® will enable the student to obtain a recognised qualification, accredited by the Association of Corporate Treasurers (ACT) the only Chartered professional body for treasurers in the UK and internationally.
What they covered while undertaking this qualification.
To describe the fundamental concepts and risks of asset and liability management across all the major categories and understand how the modules inter connect.
To quantify and understand the analytical and quantitative methods for measuring and explaining ALM risk.
To recommend and advise – to set out options to solve issues that arise in bank and building society treasury management and to explain those options’ relative merits from the viewpoint of, e.g. practicality, materiality, effectiveness, culture and risk appetite.
To communicate and apply – the ability to describe and explain ALM using practical examples.
The CertBALM® qualification is accredited and administered by the Association of Corporate Treasurers on behalf of UKALMA. To learn more about the ACT please follow this link.
Skills / Knowledge
- Fundamental understanding of Bank Treasuries
- Pillars of Capital Management
- Liquidity and Funding
- Interest Rate Risk in the Bank Book
- Interaction of these fundamentals both within a bank and relative to the external market environment