A common operational challenge for treasurers, not least in a crisis, is understanding not only how to manage funding risk and liquidity risk – but how to identify when a “risk” is turning to an “issue”.
The effective management of such risks is best achieved with the full, operational picture. In a recent interview with Treasury Today, BACB’s treasurer Richard Burrows says that frequent engagement with the Asset-Liability Committee (ALCO) is an important step forward – one that can also have benefits for relationship managers while engaging with their clients.
“Customer-to-customer relationships are clearly key, but so are those closer to home,” he says. “The better a bank’s relationship managers know what their Credit Committee and ALCO are discussing, the better they can communicate with their customers.” In other words, he says, “be on the Committee”.
Read the full article in Treasury Today.
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