Mark H. Smith's Podcast
51 episodes - English - Latest episode: about 10 years ago -Mark H. Smith runs a number of webinars that focus on current topics and issues facing credit unions. There are no silver bullets, but you will share in the accumulated knowledge base of our experienced financial advisors whose expertise comes from over five decades of credit union service.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 2
May 27, 2014 00:00 - 54 seconds - 1.24 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 2: Factors Contributing to Liquidity Risk
ALM 201 - Part III - Exploring Liquidity Risk - Full Presentation
May 27, 2014 00:00 - 53 minutes - 73.5 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk.
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 1
May 27, 2014 00:00 - 4 minutes - 5.77 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 1: Welcome and Objectives- What is Liquidity Risk
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 4
May 23, 2014 23:10 - 4 minutes - 6.85 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 4: Where Does Liquidity Risk Come From
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 3
May 23, 2014 23:10 - 1 minute - 2.55 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 3: Unique Credit Union Advantages and Disadvantages
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 10
May 23, 2014 22:52 - 5 minutes - 7.22 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 10: Elements of a Contingency Funding Plan
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 9
May 23, 2014 22:52 - 3 minutes - 4.22 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 9: Components of a Liquidty Risk Policy – Sample Policy
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 4
May 23, 2014 22:16 - 3 minutes - 4.55 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 4: Net Economic Value (NEV) Analysis
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 5
May 23, 2014 00:00 - 5 minutes - 8.09 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 5: Principle of Opportunity Cost
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 1
May 23, 2014 00:00 - 6 minutes - 8.33 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 1: Welcome and Intro about Credit Unions
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 7
May 23, 2014 00:00 - 1 minute - 1.74 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 7: Market Value & Opportunity Cost
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 8
May 23, 2014 00:00 - 11 minutes - 15.5 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 8: Opportunity Cost-Applying the Opportunity Cost to NE...
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 9
May 23, 2014 00:00 - 2 minutes - 2.88 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 9: Measuring Market Risk using NEV
ALM 201, Part II - Exploring Net Economic Value (NEV) - Entire Presentation
May 23, 2014 00:00 - 50 minutes - 69.4 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works.
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 11
May 23, 2014 00:00 - 58 minutes - 3.91 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 11: Summary and Wrap-Up
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 8
May 23, 2014 00:00 - 3 minutes - 4.22 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 8: Rules for Cash Flow Forecasting – Stress-Testing Possible Scenarios
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 10
May 23, 2014 00:00 - 9 minutes - 12.4 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 10: Liabilities Play on NEV-Real Life Example
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 11
May 23, 2014 00:00 - 3 minutes - 5.01 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 11: Summary and Wrap-Up
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 2
May 23, 2014 00:00 - 42 seconds - 1010 KBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 1: The Balance Sheet Equation
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 3
May 23, 2014 00:00 - 1 minute - 1.78 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 3: Leveraged Balance Sheet-Actual Rate Shock vs. Actual...
ALM 201 - Part II - Exploring Net Economic Value (NEV) - Chapter 6
May 23, 2014 00:00 - 5 minutes - 8.16 MBThe concept of net economic value (NEV) and its role in estimating interest rate risk is widely misunderstood by credit union executives. Economic value is an excellent methodology to estimate the longer-term risks associated with any loan extending beyond five years. NEV effectively measures the opportunity cost of holding long-term, fixed-rate assets in a rising-rate environment. We will demonstrate how this works. Chapter 6: Opportunity Cost
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 5
May 23, 2014 00:00 - 7 minutes - 10.3 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 5: Funding Liquidity Demand – Regulatory Framework
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 6
May 23, 2014 00:00 - 3 minutes - 4.18 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 6: Liquidity Risk Measurements – Steps in Cash Flow
ALM 201 - Part III - Exploring Liquidity Risk - Chapter 7
May 23, 2014 00:00 - 16 minutes - 22.2 MBLiquidity risk may be the farthest thing from a credit union executive's mind. However, liquidity risk is a dynamic concept which can change very quickly. We will demonstrate the scenarios where a credit union could go from being very liquid to liquidity-sensitive in a very short period of time. We will also demonstrate the most common approaches to identifying and estimating liquidity risk. Chapter 7: Flow Forecasting – Examples
Managing Your Investment Portfolio in a Rising Rate Environment (04-22-14) - Chapter 5
May 01, 2014 00:00 - 15 minutes - 21.9 MBIn this chapter, we discuss: * Steps in Managing your Investment Portfolio * Regulations Affecting Credit Unions
Managing Your Investment Portfolio in a Rising Rate Environment (04-22-14) - Chapter 4
May 01, 2014 00:00 - 5 minutes - 7.88 MBIn this chapter, we discuss: * Transparency in the Bond Market * The Difference between how stocks are traded and how bonds are traded.
Managing Your Investment Portfolio in a Rising Rate Environment (04-22-14) - Chapter 3
May 01, 2014 00:00 - 12 minutes - 17.1 MBIn this chapter, we discuss: * Bond Market Classifications
Managing Your Investment Portfolio in a Rising Rate Environment (04-22-14) - Entire Broadcast
May 01, 2014 00:00 - 44 minutes - 61.6 MBPresented by Guest Speaker Jason Williams Do you like all of the investments in your investment portfolio? If you own callable securities you may be holding those securities longer than you have in the past. When interest rates rise, the dynamics of your investment portfolio will change. If you haven’t visited your investment strategy recently, 2014 may be a great time to do so. Jason Williams, Portfolio Manager at Moreton Asset Management, has spent 15 years managing over $2 bi...
Managing Your Investment Portfolio in a Rising Rate Environment (04-22-14) - Chapter 2
May 01, 2014 00:00 - 11 minutes - 16 MBIn this chapter, we discuss: * Strategies for Investing in a Rising Rate Environment * How to create a Bond Ladder
Managing Your Investment Portfolio in a Rising Rate Environment (04-22-14) - Chapter 1
May 01, 2014 00:00 - 14 minutes - 20.4 MBIn this chapter, we discuss: * Objectives * Fed Tapering Bond Purchases * How it might affect your investment portfolio * Bond Price vs. Yield
[Entire Broadcast] ALM 201 - Part I - Exploring Income Simulation (03-11-14)
April 03, 2014 00:00 - 50 minutes - 69.4 MBIncome simulation is the most common method of estimating interest rate risk in the credit union's balance sheet. It is simple in concept, but complex in its application. In this presentation, we will explain how income simulation works. The most common variables and assumptions, such a prepayment speeds and deposit rate sensitivity, will also be covered.
[Chapter 1] ALM 201 - Part I - Exploring Income Simulation (03-11-14)
April 03, 2014 00:00 - 6 minutes - 8.51 MBChapter 1: Welcome, Objectives, Let’s Talk about Your Credit Union Income simulation is the most common method of estimating interest rate risk in the credit union's balance sheet. It is simple in concept, but complex in its application. In this presentation, we will explain how income simulation works. The most common variables and assumptions, such a prepayment speeds and deposit rate sensitivity, will also be covered.
[Chapter 2] ALM 201 - Part I - Exploring Income Simulation (03-11-14)
April 03, 2014 00:00 - 2 minutes - 2.76 MBChapter 2: Balance Sheet-Related Risks Income simulation is the most common method of estimating interest rate risk in the credit union's balance sheet. It is simple in concept, but complex in its application. In this presentation, we will explain how income simulation works. The most common variables and assumptions, such a prepayment speeds and deposit rate sensitivity, will also be covered.
[Chapter 3] ALM 201 - Part I - Exploring Income Simulation (03-11-14)
April 03, 2014 00:00 - 14 minutes - 19.6 MBChapter 3: Variables and Assumptions Impact the Outcome + Estimating Rate Sensitivity Income simulation is the most common method of estimating interest rate risk in the credit union's balance sheet. It is simple in concept, but complex in its application. In this presentation, we will explain how income simulation works. The most common variables and assumptions, such a prepayment speeds and deposit rate sensitivity, will also be covered.
[Chapter 4] ALM 201 - Part I - Exploring Income Simulation (03-11-14)
April 03, 2014 00:00 - 5 minutes - 7.64 MBChapter 4: Surge Shares Income simulation is the most common method of estimating interest rate risk in the credit union's balance sheet. It is simple in concept, but complex in its application. In this presentation, we will explain how income simulation works. The most common variables and assumptions, such a prepayment speeds and deposit rate sensitivity, will also be covered.
[Chapter 5] ALM 201 - Part I - Exploring Income Simulation (03-11-14)
April 03, 2014 00:00 - 2 minutes - 3.08 MBChapter 5: The Metrics for Estimating IRR + Methodologies to Estimate IRR Income simulation is the most common method of estimating interest rate risk in the credit union's balance sheet. It is simple in concept, but complex in its application. In this presentation, we will explain how income simulation works. The most common variables and assumptions, such a prepayment speeds and deposit rate sensitivity, will also be covered.
[Chapter 6] ALM 201 - Part I - Exploring Income Simulation (03-11-14)
April 03, 2014 00:00 - 7 minutes - 9.68 MBChapter 6: Gap Analysis Income simulation is the most common method of estimating interest rate risk in the credit union's balance sheet. It is simple in concept, but complex in its application. In this presentation, we will explain how income simulation works. The most common variables and assumptions, such a prepayment speeds and deposit rate sensitivity, will also be covered.
[Chapter 7] ALM 201 - Part I - Exploring Income Simulation (03-11-14)
April 03, 2014 00:00 - 11 minutes - 16 MBChapter 7: Income Simulation and Wrap-Up Income simulation is the most common method of estimating interest rate risk in the credit union's balance sheet. It is simple in concept, but complex in its application. In this presentation, we will explain how income simulation works. The most common variables and assumptions, such a prepayment speeds and deposit rate sensitivity, will also be covered.
Implementing the NCUA Liquidity Risk Regulations (02-06-14)
March 11, 2014 00:00 - 39 minutes - 53.6 MBIn this presentation, we will briefly review the applicable regulations and their impact on different-sized credit unions. We will present a template to develop a liquidity risk policy. Additionally, we will present the attributes of a sound contingency funding plan and offer a template to assist in developing such a plan.
MSHI Webinar - Preparing for Risk-Based Capital (Full Webinar)
March 10, 2014 00:00 - 59 minutes - 81.4 MBNCUA has proposed a major change in the capital requirements. A risk based capital requirement similar to other types of financial institutions is proposed for credit union over $50 million assets. In this webinar we will review the proposed requirements and their potential impact on credit unions. In this chapter, Mark covers the following: * Welcome to Preparing for Risk-Based Capital * What is Proposed? * NCUA proposes to implement a risk-based capital (RBC) criteria * Why is NC...
MHSI - Preparing for Risk-Based Capital - Part I
March 10, 2014 00:00 - 9 minutes - 12.6 MBNCUA has proposed a major change in the capital requirements. A risk based capital requirement similar to other types of financial institutions is proposed for credit union over $50 million assets. In this webinar we will review the proposed requirements and their potential impact on credit unions. In this installment, Mark covers the following: * Welcome to Preparing for Risk-Based Capital * What is Proposed? * NCUA proposes to implement a risk-based capital (RBC) criteria. * Why i...
MSHI Webinar - Preparing for Risk-Based Capital - Chapter 02
March 10, 2014 00:00 - 9 minutes - 12.7 MBNCUA has proposed a major change in the capital requirements. A risk based capital requirement similar to other types of financial institutions is proposed for credit union over $50 million assets. In this webinar we will review the proposed requirements and their potential impact on credit unions. In this chapter, Mark covers the following: * Characteristics of The RBC Proposal * Proposed Loan Categories * Investment Categories * Other Categories of Assets & Assets Risk-Weighted ...
MSHI Webinar - Preparing for Risk-Based Capital - Chapter 03
March 10, 2014 00:00 - 10 minutes - 14.6 MBNCUA has proposed a major change in the capital requirements. A risk based capital requirement similar to other types of financial institutions is proposed for credit union over $50 million assets. In this webinar we will review the proposed requirements and their potential impact on credit unions. In this chapter, Mark covers the following: * Net Worth & RBC Requirements to be considered well-capitalized * Examples of Risk Weights By Category * Definition of Weighted Average Life o...
MSHI Webinar - Preparing for Risk-Based Capital - Chapter 04
March 10, 2014 00:00 - 22 minutes - 30.9 MBNCUA has proposed a major change in the capital requirements. A risk based capital requirement similar to other types of financial institutions is proposed for credit union over $50 million assets. In this webinar we will review the proposed requirements and their potential impact on credit unions. In this chapter, Mark covers the following: * Scenarios & Questions
MSHI Webinar - Preparing for Risk-Based Capital - Chapter 05
March 10, 2014 00:00 - 6 minutes - 8.87 MBNCUA has proposed a major change in the capital requirements. A risk based capital requirement similar to other types of financial institutions is proposed for credit union over $50 million assets. In this webinar we will review the proposed requirements and their potential impact on credit unions. In this chapter, Mark covers the following: * What to Do Now * Summary
MHSI - ALM 101 (Full Webinar) (02-11-14)
February 25, 2014 00:00 - 4 minutes - 83.7 MBPresentation Description: In this presentation, we will present the credit union's leveraged balance sheet and demonstrate the interaction of the balance sheet and impact on net interest income. We will present the two most common approaches to estimating interest rate risk, income simulation, and net economic value. We will also explore the concept of liquidity risk and the basic methodologies for estimating this risk.
MHSI - ALM 101 (02-11-14) (Part 5)
February 24, 2014 00:00 - 18 minutes - 25.7 MBPresentation Description: In this presentation, we will present the credit union's leveraged balance sheet and demonstrate the interaction of the balance sheet and impact on net interest income. We will present the two most common approaches to estimating interest rate risk, income simulation, and net economic value. We will also explore the concept of liquidity risk and the basic methodologies for estimating this risk. Part 5 Description: * Introduction to the basic analytical t...
MHSI - ALM 101 Webinar (02-11-14) (Part 2)
February 24, 2014 00:00 - 16 minutes - 22.9 MBPresentation Description: In this presentation, we will present the credit union\'s leveraged balance sheet and demonstrate the interaction of the balance sheet and impact on net interest income. We will present the two most common approaches to estimating interest rate risk, income simulation, and net economic value. We will also explore the concept of liquidity risk and the basic methodologies for estimating this risk. Part 2 Description: * Examination of the nature of financial...
MHSI - ALM 101 (Webinar) (02-11-14) (Part 3)
February 24, 2014 00:00 - 2 minutes - 3.19 MBPresentation Description: In this presentation, we will present the credit union\'s leveraged balance sheet and demonstrate the interaction of the balance sheet and impact on net interest income. We will present the two most common approaches to estimating interest rate risk, income simulation, and net economic value. We will also explore the concept of liquidity risk and the basic methodologies for estimating this risk. Part 3 Description: * Defining ALM and the responsibilities ...
MHSI - ALM 101 (Webinar) (02-11-14) (Part 4)
February 24, 2014 00:00 - 16 minutes - 22.9 MBPresentation Description: In this presentation, we will present the credit union's leveraged balance sheet and demonstrate the interaction of the balance sheet and impact on net interest income. We will present the two most common approaches to estimating interest rate risk, income simulation, and net economic value. We will also explore the concept of liquidity risk and the basic methodologies for estimating this risk. Part 4 Description: Identifying four significant ALM-related ...