Payment Securities

Are you confident with the range of securities you could use to protect your credit transactions? Do you understand the rules governing them? And would you know what to do when a security requires activating? This training guides you through the choices, the benefits, the pitfalls and the presentations. You will come away with a toolkit that allows you to select, create, register and realise payment securities.

What will you gain?

  • Improved credit risk protection within your client portfolio
  • Valid securities and realisation mechanisms
  • Stronger negotiation and support outputs
  • Takeaway toolkit of security options

 

Who is it for?

This training will assist anyone who assesses or manages risk at any point in the credit lifecycle, and who wants to explore additional methods of security. The programme can be tailored to focus on commercial or consumer environments.

What will it cover?

  1. Security options – their validity and uses in different environments.
  2. Creating a security – how to initiate and register a security correctly.
  3. Realising a security – when to convert the security into cash, and how to do it.

 

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

BS 2 Business and regulatory acumen

BS 3 Know your customer/client

BS 4 Financial and data interpretation

BS 5 Innovation and change

PS 2 Problem-solving and decision-making

PS 3 Support and influencing

B1 Inquiring; B2 Future Focused