Retail Credit Risk & Credit Scoring

Description

This course begins with the notion of risk and risk management, be that everyday, finance, or consumer lending.

It will look at credit scoring, the most common set of techniques for managing and controlling consumer credit risk.
It considers a range of issues that impact on how we implement and use credit scoring in a consumer lending environment and also how we ensure it is successful in its management of risk.

What you will learn

• About risk, risks in banking, risks in retail banking, and the credit cycle
• The process of scorecard building
• How scorecards are implemented and how to set the cut-off
• How scorecards are managed once in use
• The impacts of fraud on retail lending
• About the laws and regulations that apply to retail lending
• How to design and recruit your retail credit risk management team