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”.
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