Manage global limits of asset liability management (ALM) risk key figures

Trigger: A periodic risk policy review cycle begins, or a shift in enterprise risk appetite or regulatory guidelines necessitates ALM limit recalibration.

1. Define key figures for ALM risk such as liquidity gaps and interest rate sensitivities
2. Establish global limit structures aligned with enterprise risk appetite
3. Allocate aggregate limits down to specific business units and asset classes
4. Monitor current risk exposures against established thresholds
5. Investigate limit breaches and near-misses
6. Execute remediation actions or escalate exceptions to the risk committee

Outcome: Global ALM risk limits are enforced across all portfolios, with exposures maintained within approved boundaries and exceptions actively remediated.