Preparing for Life After LIBOR

Credit & Lending

The London Interbank Offered Rate is the pre-eminent reference index to over $350 trillion in financial instruments ranging from mortgages to interest rate swaps. The widely-used index is scheduled to phase out by the end of 2021. As a result, the potential impact to financial institutions will be far-reaching. In this webinar, learn about the steps one can take to succeed with the transition of LIBOR by exploring: the development of alternative benchmarks, organizational and legal best practices, and how the financial markets are reacting to the pending changes.

Who Should Attend: Chief Financial Officer, Treasurer, Treasury Manager, ALCO Member, Chief Credit Officer, CRE Lender, Mortgage Officer, Junior Loan Officer

Learning Objectives

  • Learn about the many reasons to prepare for and assume the demise of LIBOR
  • Assess the feasibility, benefits, and detriments of alternative benchmarks
  • Gauge the responses of financial markets to pending changes
  • Review best practices to optimize a bank’s successful transition away from LIBOR

Speaker

Brett L.A. Manning, CFA
Senior Vice President/ Director, Funding Products Group
Federal Home Loan Bank of Des Moines

Brett Manning currently serves as senior vice president/director, funding products group at Federal Home Loan Bank of Des Moines. Brett’s balance sheet management expertise focuses on developing balance sheet growth, funding strategies, and mitigating enterprise-level interest-rate risk. Brett earned a Bachelor of Arts degree in business administration, majoring in finance and minoring in economics from Western Washington University. Brett also earned the Chartered Financial Analyst® designation and is an honors graduate of the Pacific Coast Banking School and the civic leadership program at Leadership Tomorrow Seattle.

John P. Biestman, CFA
Vice President and Senior Relationship Manager
Federal Home Loan Bank of Des Moines

John Biestman joined the Federal Home Loan Bank system in 2003, bringing with him decades of financial services experience through leadership positions at organizations such as Barclays Capital, First Interstate Bank, and Morgan Stanley. Prior to attaining his current position at the Federal Home Loan Bank of Des Moines, John served in various capacities, including member advisory services and solutions, educational programming, and relationship management. John has a B.A from the University of California at Los Angeles and an M.B.A. from the S.C. Johnson School of Management at Cornell University. John is a Chartered Financial Analyst (CFA) and has taught graduate-level finance and investment courses at several West Coast universities. 

Webinar Fees

Pricing For Price Season Pass
Bank Member $195 $0
Bank Nonmember $249 $0
Affiliate Member $195 $0
Affiliate Nonmember $249 $0

Season Pass Members receive 4 individual logins to every webinar

Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org.

Register

Click here to register online