Description
Improving the effectiveness of credit quality reviews is critical to mitigating credit risks. Now is the time to address this issue -- before the painful recession memories fade and the lessons learned are lost on the next economic cycle. Register today!
Background
Are your internal credit risk ratings keeping pace with changes in economic conditions and the risk issues your institution is experiencing in your market areas? Are you conducting routine reviews of credit quality to evaluate the ongoing effectiveness of your credit risk management function? Is your loan review process providing early warning of credit problems?
Improving the effectiveness of credit quality reviews is critical to mitigating credit risks. The severity of the Great Recession has led to the discovery of weak links in credit risk mitigation, underwriting and loan monitoring efforts. An effective loan review system should identify and classify potential credit weaknesses, recognize trends affecting the collectability, and assess adherence to internal credit policies and loan administration procedures. However, it is equally important to evaluate loan personnel based on their compliance with lending policies as well as the quality of their loan approvals, borrower monitoring efforts, and timeliness of updated risk ratings so you can produce objective assessments of loan portfolio quality while meeting or exceeding all regulatory examination requirements including safety and soundness.
Now is the time to address this issue -- before the painful
recession memories fade and the lessons learned are lost on the next economic cycle. Register today!
Agenda
Following this session, you’ll be better equipped to:
• Identify loan quality weaknesses in pre-funding audits
• Implement loan classification and credit grading system best practices to use as an early warning system for credit quality deterioration
• Carry out effective loan reviews for higher risk credits
• Integrate loan review report findings and risk rating changes into credit underwriting policies, loan monitoring efforts, impairment analyses, troubled debt restructurings, and allowance for loan and lease losses estimates
Benefits
Following this session, you’ll be able to:
• Update your credit grading system to compensate for evolving default risks
• Prepare for the FASB’s changes to the allowance for loan and lease loss estimation process
• Provide increased assurance to the board that credit risk can be maintained within the board’s risk appetite
Who Should Attend
• Credit Quality Review Managers
• Senior Credit Officers
• Risk Management Officers
• Chief Financial Officers
Testimonials
• Informative
• It was good!
• The speaker was excellent and his information was very useful.