Asset and Liability Management (ALM) Training
Master Dynamic Balance Sheet Optimization and Take Control of Financial Strategy
Learn how to build a mathematical model optimization model for balance sheet management — empowering you to tackle critical financial decisions prospectively and holistically, across multiple scenarios at once.
What You'll Learn?
Project the Balance Sheet
Simulate future balance sheet structures in a coordinated and automated framework.
Forecast the Income Statement
Model key income drivers while ensuring consistency with balance sheet projections.
Optimize Funding Strategies
Design and implement funding strategies that align with risk and return objectives.
Enhance Liquidity Management
Develop a systematic approach to maintaining liquidity resilience under different scenarios.
Optimize IRRBB Management
Integrate interest rate risk management into a coherent and automated decision-making process.
Run Integrated Stress Tests
Assess risk exposure dynamically, ensuring all components interact consistently under stress.
The Most Hands-On ALM Training on the Market!
Start FREE TrialOn-Demand Videos
Learn at your own pace with high-quality, structured lessons available anytime.
All Code Available
Get full access to the model's source code to practice, modify, and apply.
Lifetime Access
Revisit course materials anytime to reinforce learning and stay ahead.
Hands-On
Build and work directly with real ALM & optimization models for practical mastery.
One-On-One Sessions
Get personalized guidance to deepen your understanding and solve challenges.
Networking
Connect with peers and industry experts to exchange insights and grow your network.
Who should attend this course?
Treasury Managers
Optimize funding, liquidity, and balance sheet strategies with data-driven insights.
FP&A Managers
Improve financial planning with scenario-based balance sheet and income forecasting.
ALM & IRRBB Modelers
Build advanced models to manage interest rate risk and optimize financial decisions.
Risk Managers
Strengthen risk management frameworks with integrated stress testing and sensitivity analysis.
ALCO Members
Make informed strategic decisions with a forward-looking, optimized approach to ALM.
ALM Software Developers
Gain hands-on experience building sophisticated ALM and optimization tools.
Consultors
Enhance strategic decision-making by mastering ALM to optimize risk management, liquidity, and balance sheet efficiency.
Banking professionals
Improve risk management and regulatory compliance by mastering ALM to optimize balance sheet strategies and interest rate risk.
Auditors
Strengthen risk assessment and regulatory oversight by mastering ALM to evaluate balance sheet stability and interest rate risk exposure.
Meet our instructors
Diogo Gobira
Author of "ALM & Balance Sheet Optimization - A Mathematical Approach to Banking"
Diogo Gobira is a finance professional and entrepreneur with deep expertise in ALM and balance sheet optimization. He holds a Master of Science in Mathematical Finance from IMPA and has worked as a Market Risk and Quantitative Modelling Manager at BNDES. Diogo is proficient in areas like portfolio optimization, IRRBB, FTP, and integrated risk management, with a focus on practical applications in balance sheet management. He co-founded Financial Risk Academy, specializing in advanced training and consulting for ALM and balance sheet optimization. Diogo also teaches Strategic ALM in the BTRM Certification.
Lucas Processi
Author of "ALM & Balance Sheet Optimization - A Mathematical Approach to Banking"
Lucas Processi is an engineer and financial expert specializing in market risk management and balance sheet optimization. He holds a Bachelor's in Production Engineering from UFF and a Master's in Economics and Finance from FGV. As a market risk manager at BNDES and a co-founder of Financial Risk Academy, Lucas shares his expertise in ALM, financial instrument pricing, and quantitative finance. His extensive experience in the banking sector also includes consulting on software development and mathematical programming, with a focus on balance sheet optimization.
Certificate
Boost Your Career with Our Exclusive Certificate
Showcase your expertise in Treasury and ALM with a certificate that highlights your hands-on skills and deep understanding of balance sheet optimization.
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Learn from the Authors of a Landmark Book
ALM Modeling & Balance Sheet Optimization
This course is taught by Diogo Gobira and Lucas Processi, authors of ALM Modeling & Balance Sheet Optimization – A Mathematical Approach to Banking, part of the prestigious Moorad Choudhry Global Banking Series.
Buy a copy"A marvellous and practically valuable exposition of the asset-liability management discipline in sound, and robust, scientific terms. A most welcome addition to the financial markets literature, deserving of the widest possible readership. Bravo!"
Course Objectives
Strategic Asset-Liability Management (ALM) can improve banks performance, but its implementation is far from trivial. This advanced program will teach you how to create a balance optimization model using dynamic programming and showcase its power with various concrete examples in liquidity management and capital optimization tasks, financial statement and funding mix projections, funding and hedging instrument-level prescriptions, and more.
Course Curriculum
What People Are Saying
Trusted by banking and risk professionals from leading institutions worldwide.
I can't speak highly enough of my experience in taking Diogo and Lucas' course on ALM modelling balance sheet optimization. The course has certainly exceeded my expectations, providing me with not only a stronger understanding of the balance sheet and optimization process but a strong foundation in coding using Julia.
Shane Dolan
Senior Manager, Group Treasury - Commonwealth BankDiogo Gobira and Lucas Processi have put together a wonderful course presenting a fresh take on ALM and optimization of the balance sheet. I honestly believe the material presented in this course will eventually lead to new software in this space. By taking this course, you'll have a leg up on the rest of the job market.
Brent Ritterbeck
ALM ExpertNo doubt in saying that it is one of the best courses in ALM and Balance Sheet Optimization. The course curriculum is very structured and highly practical oriented. Given Diogo's and Lucas's rich industry experience, they provided us with real-world examples. I recommend it to everyone working in ALM, Liquidity Risk, IRRBB and Risk Analytics.
Kumar Ravi
Director - Risk Analytics at Solytics PartnersLet's be honest.. most internal bank trainings are designed to tick compliance boxes, not to build real capability. This course is different. It's hands-on, intellectually demanding, and fully aligned with the actual challenges ALM teams face. This course transformed how I approach ALM.
Mamdouh Alomari
ALM Manager - Saudi BankThe work of Gobira and Processi in the field is truly unique, as they provide an integrated and practical framework for addressing these challenges. Beyond theoretical discussions, they provide quantitative applications that can be considered state-of-the-art in both academic and market contexts. I am fascinated.
Guilherme Lamounier
Treasury ExpertOver the past 12 weeks, I had the opportunity to complete the certification "Building an ALM & Balance Sheet Optimization Model" with Financial Risk Academy — a program that goes far beyond theory, bringing real-world ALM challenges into a fully executable optimization framework. Special thanks to Lucas Processi and Diogo Gobira for designing one of the most practical and forward-looking programs in ALM and balance sheet modeling.
Juan Martin Erazo Morales
What our students are saying
The instructors at Financial Risk Academy are experts, highly academically trained, and bring a wealth of market experience in finance & quantitative risk models.
Luis A. Esteves
Chief Economist, Northeast BankExcellent videos. Great teaching.
Pedro Henrique de Mello Lula Mota
Portfolio Manager, VeriosCongratulations Diogo Gobira, as always, your courses are sensational and well-structured.
Denis Pereira
Head of Risk, Modelling and Research, FGCVery good introductory course to R!
Vitor Magalhaes Silva
Chief Advisor Market Risk, National Bank of CanadaA practical course, no beating around the bush, no hiding any information. I'm a student in the ALM course, and despite the inherent difficulty in this subject, I'm managing to keep up with the course. Highly recommend!! These guys are good.
Adilson Moraes da Costa
Owner, Logica Actuarial ConsultingA very good course. I plan to watch the classes with the codes again and try to execute in the same order. Julia programming. Definitely, the practice is the highlight.
Carlos Bandeira
Executive Manager of Market and Liquidity Risks, BanrisulAny questions?
Check out the FAQs
Still have unanswered questions and need to get in touch?
Still have questions?
Whatsapp usThe classes are recorded, but live sessions are offered at significant milestones in the course, tailored to each cohort.
Approximately 40 hours of recorded lessons, organized into short and medium-duration videos.
No. Students have access to the course with no time limit. We understand that each person has their own pace and goals, so you can complete the material whenever it suits you best.
Basic knowledge in finance and an interest in learning programming. Advanced programming knowledge is not required to follow the lessons and use case studies.
All codes used will be provided to students for personal and institutional use. However, distribution to third parties on the internet is not permitted.
Students can ask questions and share with their cohort through the forums in each lesson. For more specific queries, teachers can also be accessed via direct message.
After completing your payment, you'll be automatically enrolled and receive login credentials via email within minutes. All courses are hosted on our learning platform (Teachable), accessible from any browser — no software installation required. Please contact us if you have any trouble logging in to Teachable.
We accept all major credit and debit cards (Visa, Mastercard, Amex), as well as Apple Pay, Google Pay, and Link — all processed securely through Stripe. If you prefer to pay via international wire transfer, PayPal, or another method, contact us directly and we'll arrange it manually.
We are currently working on installment plans through Stripe. In the meantime, if you need a flexible payment arrangement, reach out to us via WhatsApp or email and we'll find a solution.
Yes. Upon completing all modules, you will receive a digital certificate of completion issued by the Financial Risk Academy.
Yes, we offer special pricing for corporate teams, academic institutions, and group enrollments. Contact us via WhatsApp or email to discuss a tailored arrangement for your organization.
Our Courses
Advanced training, proprietary tools, and strategic partnerships across financial risk management disciplines — from basic risk management to advanced balance sheet optimization.
FTP and All-In Loan Pricing
Build a bank's all-in transfer price from the ground up. Most pricing models hide their assumptions — this course opens the box: the funding curve, the liquidity term structure and buffer cost, expected loss, and the capital charges for credit risk and IRRBB. Then use the full stack to manage the banking book and price incrementally on a live balance sheet.
Instructors: André Camatta & Diogo Gobira
ALM & Balance Sheet Optimization
Master the full cycle of strategic Asset-Liability Management. Learn to build a balance sheet optimization model using stochastic dynamic programming — covering contract modeling, ETLs, risk constraints, liquidity management, and capital optimization. Written by the authors of the Moorad Choudhry Global Banking Series.
Instructors: Diogo Gobira & Lucas Processi
Introduction
Credit Risk Modeling — Introduction
A comprehensive introduction to the key concepts, modeling techniques, and management challenges in credit risk — at both the transaction and portfolio levels. Topics include PD/LGD/EAD modeling, CECL, credit stress testing, loan rating systems, and portfolio-level risk analytics.
Instructors: New Frontier Analytics
Advanced
Credit Risk Modeling — Advanced
This course will provide a rigorous and practical framework for understanding, modeling, and managing credit risk across the full spectrum — from individual transaction assessment to portfolio-wide risk analytics. Developed in partnership with New Frontier Analytics, a leading model development and validation firm based in the United States.
Instructors: New Frontier Analytics
Introduction to Interest Rate Risk in the Banking Book
Part of the ALM Bootcamp — 72 lessons across 12 modules, anchored in BCBS d368 and the 2024 recalibration. A practical foundation in IRRBB measurement, supervisory standards, and the metrics regulators actually look at.
Instructors: Diogo Gobira & Lucas Processi
Worldwide community
Our students come from all over the world, representing all five continents, diverse cultures, and unique backgrounds. This global community brings a rich exchange of perspectives, making the learning experience even more dynamic and enriching. No matter where you're from, you'll be part of an international network of professionals, all united by a passion for mastering ALM and financial optimization
