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Risk Management Training Program

Asset Liability Management School

Program Overview

The purpose of the Asset Liability Management School (ALMS) is to enhance the pre-commissioned examiner’s ability to analyze, assess and assign ratings for sensitivity to market risk and liquidity. This school provides comprehensive interest rate risk (IRR) analysis instruction with emphasis on evaluating IRR models. Additionally, ALMS expands liquidity analysis instruction beyond ratio analysis with an emphasis on managing liquidity risk.

Key Objectives

Upon completion of this course, participants should be able to:

Instructional Format

Facilitated classroom discussion/lectures, small group activities, and in-class case study.


This is a two-week workshop preceded by approximately 40 hours of pre-course consisting of and Independent Study.



Target Audience

This course is designed for pre-commissioned examiners who generally have 18 months of risk management experience. Participants should attend this course after completing the Financial Institution Analysis School (FIAS) but before attending the Loan Analysis School (LAS). Attendance should be scheduled after the participant has had sufficient time to practice the skills acquired in FIAS and to complete the ALMS pre-course assignment.

This course is open to appropriate staff of the FDIC and partner government regulatory agencies. This course is not open to the public or staff of private banks.


The pre-commissioned examiner should have performed the following activities before attending this course.

Pre-Course Assignment

The pre-course assignment is due in general two weeks/11 business days prior to the start of the session. The exact date the work is due for any given session will be specified in the precourse information sent approximately two months prior to the start date. Prior to attending the workshop, students are required to perform the following:

The Division of Risk Management Supervision (RMS) has authorized up to 40 hours of official time for completion of the pre-workshop materials.

Special Requirements

Participants need to bring a laptop computer and a Hewlett Packard 12-C or comparable financial calculator.

Post Course Recommendation

As soon as possible after attending the course the participant should perform the ALM examination function for a financial institution close to $1 billion in assets if possible.

Post Course Feedback

Written assessment of the participant's performance is submitted to each participant's field supervisor or district office approximately 30 days after the conclusion of the school.


Continuing Education Unit (CEU): 7.0
Continuing Professional Education (CPE): 84.0

More Information

CPE Credit logoFor information regarding administrative policies such as complaints and refunds, please contact Corporate University, Attn: NASBA Representative Ava Livas, Room A-3025, 3501 North Fairfax Drive, Arlington, VA 22226 (703) 562-2463.

The Federal Deposit Insurance 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:

IACET logoThe Federal Deposit Insurance Corporation (FDIC) is accredited by the International Association for Continuing Education and Training (IACET) ( The FDIC complies with the ANSI/IACET Standard, which is recognized internationally as a standard of excellence in instructional practices. As a result of this accreditation, the FDIC is accredited to issue the IACET CEU.

For more information concerning course content and administration, please contact Senior Bank Examination Training Specialist Dan Hotz at (703) 516-1266 or Training Technician Sonya Staples at (703) 516-5870.