Basics of Interest Rate Derivatives For Community Banks
Financial institutions’ use of interest rate swaps and options has tripled in the past decade. This webinar illustrates the basic mechanics and application of interest rate derivatives to manage interest rate risk.
Financial institutions’ use of interest rate swaps and options has tripled in the past decade because these instruments offer a liquid and efficient way to manage interest rate risk. This webinar will illustrate the basic mechanics and application of interest rate derivatives to manage interest rate risk on a depository’s balance sheet. It will include a discussion of the risks and considerations of employing these instruments and a checklist of steps to executing the first hedging transaction.
This webinar is appropriate for institutions of all sizes with little to no experience with interest rate swaps and options.
- Mechanics of an interest rate swap and calculation of basic spot and forward rates
- Understanding the counterparty, accounting and market risks of using interest rate derivatives
- Practical uses and applications by financial institutions to manage asset / liability exposure
Chief executive officers, chief financial officers, treasury personnel and others involved in asset/liability management.
Sara Higgins is a Managing Director at Sandler O’Neill + Partners, L.P., a market-leading, full-service investment banking firm and broker-dealer focused on the financial services sector. She currently heads the Interest Rate Products Desk, working with bank clients on wholesale funding and interest rate risk hedging using derivatives. Prior to joining Sandler O’Neill in 2009, Ms. Higgins spent 8 years on the Global Rates desk at Lehman Brothers structuring and marketing interest rate derivative strategies to middle market institutions.
Michael Sarcone is also with Sandler O’Neill + Partners, L.P. as an Associate Director. He joined the Interest Rate Products Desk in August 2012, where he advises clients on balance sheet strategies involving the use of wholesale funding and interest rate derivatives. Prior to this, Michael spent four years in Sandler’s Equity Research Department, where he served as lead coverage on a universe of small- and mid-cap banks and thrifts and also worked as a supporting analyst on both the large-cap specialty lender and asset manager teams.
Institute of Certified Bankers: Visit http://www.icbmembers.org/login.aspx for instructions regarding self-reporting. Institute of Certified Bankers: Estimated credits: 2.hours CE (self-reporting).
Member price: $265.00 | Non member price $530.00
Member price: $280.00 | Non member price $560.00
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