Anyone in asset/liability management? I am currently pursuing Level 3 of the CFA to give you an idea of the direction I’m trying to go in my career. Would asset/liability work for a bank be applicable and would that work experience be useful if I later wanted to move to investment management or something similar? Thanks!

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I’ve done asset/liability management for 20 years. My sense is that this is increasingly being outsourced to consulting firms. Having a CFA is not as important as knowing high level alm software such as QRM or Bancware

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options that will help you build a solid foundation of skills and knowledge in asset/liability management. Asset/liability work in a bank is really a good starting point as it helps you understand the fundamentals of asset and liability management and how to hedge risks

Asset/liability management is one of the very important areas of the financial industry and having this knowledge and experience will help you succeed in your career, whichever area you end up choosing. Good luck!

Very good, pursuing a Level 3 in CFA is a very good option that will help you build a solid skills and knowledge base in asset/liability management. Asset/liability work in a bank can also help you in your career development to a large extent as it exposes you to the fundamentals of asset and liability management and how to hedge risk.

All of this experience and skill will be very useful if you want to move into investment management or a similar field in the future. For example, in asset management, you will need to understand the knowledge and skills of how to construct portfolios, hedge risk, etc., which can be honed and enhanced through your asset/liability management work experience.

In conclusion, asset/liability management is one of the very important areas of the financial industry and having this knowledge and experience will help you succeed in your career, whichever area you ultimately choose. Good luck!

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