Best Practice Skills to assess Credit Risk

Secure the knowledge, tools and techniques you need to identify risk, assess your customers, and recommend the appropriate risk controls

From this training course, you will gain:

• Information sources for greater credit risk visibility
• Useable processes for practical credit risk assessment
• Confidence to make or recommend tangible credit decisions
• Maximised sales within a controlled risk environment
• Enhanced skills in Credit Risk Analysis

This training course is for:

This training is suitable for Credit Risk Management professionals tasked with vetting new or existing B2B customers for credit risk. The best practice approach will benefit those new to the role and those who have been working in risk assessment for a while or are currently Credit Risk Analysts.

This training course session will cover:

1. Risk and reward – purpose of credit risk control and the balance of objectives.
2. Credit risks – identifying the main credit risks and how to reduce them.
3. Sales maximisation – how to manage risk in a growth-focused environment.
4. Approach to risk assessment – 3-step vetting approach to credit risk assessment.
5. Applying tools and techniques – use of data, limits, categories, securities & terms.
6. Decision making – creating justifiable recommendations for credit parameters.
7. Risk assessment PR – risk assessment opportunities and sales profitability.

This training session is aligned to the following CICM Professional Standards:

BS 1 Strategy and policy

BS 2 Business and regulatory acumen

BS 3 Know your customer/client

BS 4 Financial and data interpretation

PS 1 Communication and relationship-building

PS 2 Problem-solving and decision-making

B1 Inquiring; B2 Future Focused; B3 Resolute; B4 Resilient; B5 Ethical