eSchool, Recorded, Live Online
Investment Certification eSchool: Fundamentals 2024
Recording Access Availability: May 3, 2024 to December 31, 2024
THIS ESCHOOL IS AVAILABLE TO CUNA TRAINING BUNDLE USERS AT NO ADDITIONAL COST.
This eSchool provides attendees with a credit union-specific fundamental understanding of investments.
By attending you will:
- Understand the investment portfolio management discipline as a process, not simply a function of purchasing and selling investments
- Develop a fundamental knowledge of investment return and risk measures, including application and advantages/disadvantages of each, and the mechanics of the trade: date, settlement, safekeeping, etc.
- Learn the basics in the development of investment strategy: primary security types that are permissible for credit union investors, including risk/return characteristics of each, how to analyze and document, their role in the portfolio and portfolio reporting, monitoring and rebalancing
- Explore the other side of the broker/dealer arrangement: what’s in it for them, how they operate, and how to deal with them
- Understand the role of the board of directors from a best practice’s perspective: their responsibilities and their limitations
This event is endorsed by Finance Council.
Who should attend
This eSchool is beneficial for CFOs, finance professionals, chief investment officers, investment analysts and accountants, controllers, comptrollers, auditors, risk managers, directors, ALCO members, volunteers, and CEOs.
Sessions
Thursday, May 2, 2024 // 1:00 - 2:30 pm CT
Speaker: Adam Wolcott
Gain a fundamental understanding of commonly held investments and the application of key financial characteristics. We will discuss basic investment structures, bullet – CD, treasury and agency, floating rate securities, callable, and step-up callables.
Tuesday, May 7, 2024 // 1:00 - 2:30 pm CT
Speaker: Kevin Chiappetta, CFA
Learn key financial characteristics, the proper application and common misapplications. Topics include yield, spread, WAL, time value of money, durations (McCauley, Modified, Effective, Spread), option adjusted spread, and term structure of interest rates.
Thursday, May 9, 2024 // 1:00 - 2:30 pm CT
Speaker: Adam Wolcott
Learn about common issuers, implications, and the basics of mortgage back securities. Attendees will also cover key financial characteristics that should impact risk adjusted returns.
Tuesday, May 14, 2024 // 1:00 - 2:30 pm CT
Speaker: Adam Wolcott
Learn about common issuers, implications, and the basics of collateralized mortgage obligations. Attendees will also cover key financial characteristics that should impact risk adjusted returns.
Thursday, May 16, 2024 // 1:00 - 2:30 pm CT
Speaker: Kevin Chiappetta, CFA
Learn how to show the board and asset/liability committee (ALCO) the role the investment portfolio plays as part of the balance sheet from first mitigating the net risk between shares and loans, generating returns and aligning clear risk, return benchmarks based on balance sheet interest rate and liquidity risks.
Tuesday, May 21, 2024 // 1:00 - 2:30 pm CT
Speaker: Jim Toliver, CFA
All previously discussed issues come together in the development of the investment, liquidity, interest rate risk, and concentration risk policies. During this session, you will learn how to customize policies given the unique characteristics of their credit unions.
Thursday, May 23, 2024 // 1:00 - 2:30 pm CT
Speaker: Chad Bostick
Address monitoring your investment portfolio, explore portfolio reporting, learn rebalancing alternatives, learn the mechanics of the trade, and explore safekeeping and selecting a safekeeping agent.
Thursday, May 28, 2024 // 1:00 - 2:30 pm CT
Speaker: Chad Bostick & Jim Toliver, CFA
Hear from an industry expert on a portfolio manager's approach to managing broker relationships and counterparty exposures.
Thursday, May 30, 2024 // 1:00 - 2:30 pm CT
Speaker: Nigel Johnson
A portfolio management discussion designed to show the deployment of portfolio strategy, reinforce lessons learned, and prepare the group to identify the proper application/misapplications of key financial concepts
Tuesday, June 4, 2024 // 1:00 - 2:30 pm CT
Speaker: Jim Toliver, CFA
This review session will help prepare you for the Certified Credit Union Investments Professional (CCUIP) Fundamentals exam. Materials will be reviewed, and you may ask questions
Additional Information
Need Help?
Need help accessing member pricing (available to both CUNA and NAFCU members)? Contact 800-356-9655 or hello@americascreditunions.org.
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Our commitment is to continue serving your professional development needs. Active, unexpired designations, and designations and training earned in 2024 will be fully recognized by America’s Credit Unions.