The key roles and responsibilities of the ALM Desk:
1) To assume overall responsibilities of Money Market activities.
2) To manage liquidity and interest rate risk of the bank.
3) To comply with the local central bank regulations
in
respect of bank‘s
statutory obligations as well as
thorough understanding of the risk elements
involved with the business.
4) Understanding of
the market dynamics i.e competition, potential target markets
etc.
5) Provide inputs to the Treasurer regarding market views
and update the balance
sheet movement.
6) Deal within the dealer‘s
authorized limit.