Credit Risk
Course
In London
Description
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Type
Course
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Location
London
At the end of the course participants will be able to: Understand the importance of credit risk. Understand why all financial institutions must bear credit risk. Know the key methods used for measuring credit risk. Understand the limitations of credit analysis. Understand the basics of how to manage credit risk. Understand the limitations of credit risk. Suitable for: This course is ideal for those delegates that are starting their careers in risk, as well as professionals from non-risk areas, such as HR, front-office, operations and IT, who want to gain an overall understanding of impact of credit risk and tools for its measurement and management.
Facilities
Location
Start date
Start date
About this course
Although no previous knowledge/experience in risk is necessary, the delegate would be expected to know the fundamentals of financial markets and instruments, such as fixed income markets and bond valuation.
Reviews
Course programme
Simulations
- Case studies provided
Exercises
- Exercises provided
Other Extras
- Certificate of attendance
Level: Introductory
Synopsis:
Credit risk's importance is hard to overstate, in good times or bad, as recent events have proven.This course gives delegates a quick introduction to industry best practices in credit risk measurement and management.
At the end of the course participants will be able to: Understand the importance of credit risk . Understand why all financial institutions must bear credit risk . Know the key methods used for measuring credit risk . Understand the limitations of credit analysis . Understand the basics of how to manage credit risk . Understand the limitations of credit risk management methods .
Prerequisites:
Although no previous knowledge/experience in risk is necessary, the delegate would be expected to know the fundamentals of financial markets and instruments, such as fixed income markets and bond valuation.
Suitable For:
This course is ideal for those delegates that are starting their careers in risk, as well as professionals from non-risk areas, such as HR, front-office, operations and IT, who want to gain an overall understanding of impact of credit risk and tools for its measurement and management.
Introduction
- What is credit risk?
- Which activities entail credit risk?
- Which financial instruments entail credit risk?
- How do we decide to avoid, retain or mitigate credit risk?
Measuring credit risk
- Credit Rating Agencies and credit ratings
- Internal models for credit rating (KMV, CreditRisk , etc.)
- Default probabilities, loss given default, expected loss
Managing credit risk
- Internal/external credit enhancement
- Collateralisation
- Credit derivatives
Credit Risk