An extensive knowledge and understanding of credit risk practices is critical to the Head Office functions of banks, the retail units, the business/commercial units of banks where skills in critical analysis, evaluation and synthesis of complex issues are paramount in order to identify, assess, monitor and report risk.

• Understanding of how credit risk functions and how it plays its part in managing risk for a banking business
• How a bank manages their internal risks and how customers should manage their credit risks
• Developing effective problem solving and decision making using appropriate quantitative and qualitative skills
• Developing cognitive skills of critical thinking analysis and synthesis in relation to industry, business and financial risks
• Understanding of what risk is and how it can be identified and monitored
• Creating, evaluating and assessing a range of options to apply to a range of situations in the financial services industry

• Operational risk and business continuity management
• Responsibility and accountability
• Operational risk management lifecycle
• Purpose of risk assessment and probability; benefits
• A methodical risk assessment approach: steps and techniques
• Risk mitigation, appetite/tolerance and its benefits
• Loss data analysis
• Monitoring and reporting
• A risk-based management approach to controls
• Crisis management
• Risk-based capital and Basel 2
• Governmental policy and Corporate Governance
• How is risk managed and overviewed
• The credit scoring system
• Higher value lending
• Analysis of credit risk and liability risk
• Credit risk in business units of banks
• Risk management strategy, analysis and assessment

Financial repayment risk