Credit Risk Assessment, Modelling and Management

 Treatment of credit risk has shifted greatly since the financial crisis of 2008. Prior to then, it was considered almost inconceivable that major investment banks and global insurers could default and create a systemic credit and liquidity crisis. This Credit Risk Assessment course gives participants a comprehensive overview of the key concepts and methodologies in understanding the drivers of credit risk, modeling tools used for measurement of credit risk and current best practice in credit risk management techniques.  By the end of this workshop, you will

• Analyze the micro-financial drivers of credit risk and macro-economic factors which impact system-wide credit risk
• Demonstrate proficiency with different methods and tools for credit scoring
• Explain modeling techniques for assessing credit risk and identify key elements of credit risk
• Apply collateral management techniques to credit derivatives

Content

Fundamentals of Credit Risk

• Macro and Micro Financial Concepts
• Measurement if Credit Risk
• Key Determinants for Credit Risk
• Counter Party Credit Risk

Credit Ratings Methodologies and Application

• The Principal Credit Ratings Agencies
• Overview of the Ratings Methodologies
• Conflicts of Interest
• Ratings Migration Matrices

Capital Charges and Accounting Principles

• IFRS 9
• Fair Value Through Profit or Loss
• Treatment of Securitizations
• Amortized Cost

Measuring Credit Risk and Techniques

• Quantitative Modeling
• Credit Risk Modeling
• Estimating Probability
• Techniques for Modeling

Credit Assessment and Financial Ratio Analysis

• Financial Ratios
• Financial Statement Analysis
• Ratio Based Methods
• Credit Assessment

For Whom: Portfolio Managers, Risk Managers/ Controllers, Credit Officers, Private Investors, Finance Managers, Management Accountants, Financial Analysts, CFO, Directors, Accountants, Auditors, Heads of Finance, and anyone who wishes to reinforce their knowledge credit risk assessment and management.