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2020 - Credit Policy Fundamentals: Principles And Practices



VenueOnline Event, USA - United States USA - United States

KeywordsContents of credit policy; Regulatory agencies; Credit risk management


Topics/Call fo Papers

Participants will learn how to diagnose their own credit policies to identify any gaps, and if so, how to write practical and understandable policies that meet regulatory expectations for content. They will be able to implement and maintain the processes and procedures needed to ensure that their policies are kept current and accurate, are monitored for compliance with them by means of tracking exceptions to policies and resolving the reasons for the deviations, and are reviewed and approved annually by their boards of directors.
A well-crafted credit policy:
Focuses the organization—everyone on the same page
Reduces organizational conflict and confusion—priorities
Minimizes need for rigid controls
Supports commitment to the organizational vision and mission
Right or wrong, credit policy is the organization’s rule book for its credit risk management strategy, and it also reflects the organization’s credit culture. Both the market and the regulatory agencies expect the credit policy to be accurate, current, and succinct so that both line and credit have unambiguous and clear direction on how to identify, evaluate, underwrite, approve, book, and monitor creditworthy clients.
Basic topics and contents of credit policy
Content expectations of regulatory agencies
Tips on how to write credit policy
Examples of typical credit policy guidance
Credit policy standard format
Policy exceptions and their role in credit risk management
Indicators of the possible need for revision of credit policy
Credit Risk Managers
Risk Managers
Credit Analysts
Chief Credit Officers
A frequent speaker, instructor, advisor and writer on credit risk and commercial banking topics and issues, Martin J. "Dev" Strischek principal of Devon Risk Advisory Group based near Atlanta, Georgia. Dev advises, trains, and develops for financial organizations risk management solutions and recommendations on a range of issues and topics, e.g., credit risk management, credit culture, credit policy, credit and lending training, etc.
For more detail please click on this below link:
Tel: +1-(707)-743-8122

Last modified: 2020-09-30 17:40:53