The No. 10 Role - ALM
Why Financial Risk Management Is Won on Formation, Not Talent
Managing financial risk and the balance sheet is a team sport.
Like football, it is not won on talented individuals alone. It is won on formation. The right people in the right positions, connected by a structure that lets them play well together. Every board has seen the alternative: strong functions, weak results, and goals conceded that nobody saw coming.
The ALM Control Cycle is the game plan. Here is the team that runs it, and what happens when the shape breaks down.
