COURSE INTRODUCTION:
This course is designed for the Audit Department undertaking a review of the Credit Dept. It will focus on risks facing the Credit Dept and examine whether appropriate controls have been instituted.
LEARNING OUTCOMES:
After the completion of this course, the learners would be able to understand:
•Review of Risk Identification process
•Review of Compliance with regulations and Credit policy
•Adequacy of Operational Risk Controls-SOD, Arm’s Length lending, Insider trading, Lender Liability and review of Credit Admin Dept
•Review of Credit Risk Assessment
•Review of Credit Documentation
•Review of Loan Pricing
•Review of Classification of Loans and application of IFRS9
LEARNING METHODOLOGY:
Methods used like discussion of salient features of the law and clarification of doubts through this program.
ASSESSMENT STRATEGY:
•Formative assessment
•Summative assessment
