Retail Credit Risk Management

This is a two-day course to introduce and develop the ideas of retail credit risk and in particular credit scoring. This course is appropriate for those in the industry who need to gain an understanding of what credit scoring is, what it can do, and how it works.

Credit scoring is now the most common means of banks and other lenders making consumer lending decisions. This workshop explores the basics of how credit scoring works in a modern consumer lending business - the processes, the strategy, and the decisions. While there is a brief practical excursion into how the scorecards are built, the focus is on what the scorecards look like and how they need to be used and managed.

The workshop is non-technical, aimed at the business user or strategist and requiring only some basic numeracy skills, such as being able to calculate percentages.

By the end of this workshop, participants will:
• Be able to understand what credit scoring is and why it is used
• Understand the typical scorecard development process
• Be able to discuss a range of related data issues
• Manage and use the scorecard well and in compliance
• Understand some of the issues in setting the scorecard cut-off
• Appreciate what is required to achieve Basel compliance
• Appreciate the challenges of risk based pricing

Delivery of the course is through formal lecture, classroom discussion, individual exercises, and group exercises and with lots of real examples.

This course is available as an in-house course which can be delivered to a group of people.

For more information regarding the course, trainer or to request an in-house quote, please contact the center.