Credit Risk Analysis and Underwriting

Imagine having the skills to confidently navigate the intricate world of credit risk—a cornerstone of professional excellence. The essence of credit lies in trust: trusting a counterparty to honour their obligations. This course unpacks the critical elements of credit, offering a structured approach to mastering credit risk analysis. Whether you are a banker, risk underwriter, or a professional extending trade credit, this course equips you with the expertise to make informed decisions and manage risk with precision. This course is designed for professionals at various stages of their careers within financial institutions who are involved in assessing or managing corporate credit risk. It is particularly suitable for graduate entrants undergoing core competency training, corporate credit and risk analysts, credit controllers, and credit underwriters. Relationship managers seeking a stronger grasp of the financial and strategic positioning of clients, as well as investment analysts evaluating creditworthiness as part of their decision-making processes, will also benefit significantly from this program. Participants are expected to have a foundational understanding of financial statements and accounting principles. This includes familiarity with the typical structure and content of audited financial accounts, as well as the mechanics of recording financial transactions. A basic grasp of how financial data is organized and interpreted is essential to fully engage with the analytical techniques presented in this course. By the end of this course, learners will be equipped to conduct thorough and structured corporate credit analyses. They will develop the ability to critically evaluate both business and financial risks, uncovering potential weaknesses that may impact a company’s creditworthiness. Additionally, they will learn to assess management quality through objective analysis and ultimately formulate credit ratings by estimating default probabilities and synthesizing all insights into a coherent view of a corporation’s overall financial health

• Construct a structured framework for conducting comprehensive corporate credit analysis
• Evaluate a corporate’s business and financial risks to identify potential vulnerabilities
• Assess the quality and effectiveness of a corporate’s management using objective criteria
• Formulate a credit rating by determining a corporate’s probability of default and synthesising conclusions about its overall creditworthiness

• Basic familiarity with the topic and its common terminology
• Readiness to practice through applied exercises or case-based work