As interest rates soared to generational highs in 2023 and remained elevated this year, many bankers faced challenges they had never encountered. Explore how to effectively manage a bank’s interest rate risk by constructing a high-performing balance sheet built for sustained performance in various interest rate environments. Also, examine solutions to meet interest rate risk challenges and offer strategies to take advantage of opportunities in the current financial landscape. Learn about interest rate swaps, caps, and floors; implement an interest rate hedging program; strategies for enhancing profitability; risk considerations; and hedge accounting basics.