Credit Risk Management by Colquitt, Joetta;

Short description:

[Colquitt: Credit Risk Management, 0-07-144660-5]

[Back Cover Copy]

Learn the Latest Techniques for Managing Credit Risk

to Minimize Losses on Loans and Increase Company Profits

Credit Risk Management is a complete guide to the total integrated process of managing credit risk_ranging from the principles of credit risk analysis to advanced analytical techniques for improving the effectiveness of balance sheet management in financial institutions.

This introductory textbook explains how to manage credit risks under competitive and realistic conditions, offering detailed coverage of the credit process, lending objectives, funding strategies, risk evaluation, credit risk measurement, credit portfolio management, credit rating systems, and the economics of credit.

Comprehensive and authoritative, Credit Risk Management offers a clear, hands-on account of all the major concepts and applications of modern credit risk management and features:

• Learning objectives at the beginning of each chapter to provide a focus
  
  for learning and a frame of reference for the material
  
  
• Quick-check questions at the end of each section within a chapter that
  
  ensure understanding of the preceding concepts
  
  
• Chapter summary at the end of each chapter for reviewing the material
  
  and pinpointing areas of necessary further study
  
  
• Self-study questions at the end of each chapter, with 10 open-ended
  
  questions for testing knowledge of the chapter's subject matter
  
  
• Case studies, group discussions, exercises, and bibliographies to
  
  deepen understanding of credit risk management
  
  
  
  
  
  

  [Flap Copy

  
  
  

  Credit Risk Management is a comprehensive textbook that looks at the total integrated process for managing credit risk, ranging from the risk assessment of a single obligor to the risk measurement of an entire portfolio.

  
  
  
  
  

  This expert learning tool introduces the principle concepts of credit risk analysis?explains the techniques used for improving the effectiveness of balance sheet management in financial institutions?and shows how to manage credit risks under competitive and realistic conditions. Credit Risk Management presents step-by-step coverage of:

  
  
  
  
  
  • The Credit Process_discussing the operational practices and structural
    
    processes to implement and create a sound credit environment
    
    
  • The Lending Objectives_explaining the credit selection process that is
    
    used to evaluate new business, and describing how transaction risk
    
    exposure becomes incorporated into portfolio selection risk
    
    
  • Company Funding Strategies_presenting an overview of the funding
    
    strategies on some of the more commonly used financial products in the
    
    extension of business credit
    
    
  • Company Specific Risk Evaluation_outlining some fundamental credit
    
    analysis applications that can be used to assess transactions through the
    
    framework of a risk evaluation guide
    
    
  • Qualitative Specific Risk Evaluation_offering additional approaches to
    
    risk evaluate a borrower's industry and management
    
    
  • Credit Risk Measurement_defining the role of credit risk measurement,
    
    presenting a basic framework to measure credit risk, and discussing some
    
    of the standard measurement applications to quantify the economic loss
    
    on a transaction's credit exposure
    
    
  • Credit Portfolio Management_exploring the basic concepts behind
    
    credit portfolio management, and highlighting the distinctive factors that
    
    drive the management of a portfolio of credit assets compared to a single
    
    asset
    
    
  • Credit Rating Systems_analyzing the pivotal role that credit rating
    
    systems have come to play in managing credit risk for lenders
    
    
  • The Economics of Credit_showing how the modern credit risk approach
    
    has changed the economics of credit in order to achieve more profitable
    
    earnings and maintain global stability in the financial markets
  
  
  
  
  

  Filled with a wide range of study aids, Credit Risk Management is today's best guide to the concepts and practices of modern credit risk management, offering practitioners a detailed roadmap for avoiding lending mishaps and maximizing profits.

  
  
  
  
  

  About the Author

  
  
  

  JoEtta Colquitt is a professor at Mercy College and FT Knowledge and a professional trainer who has worked in higher education, training firms, and Fortune 500 companies. A specialist in financial credit risk training, she has over 20 years of experience in analyzing international transactions, companies, and risk exposure.

  More

Long description:

Credit Risk Management is a comprehensive textbook that looks at the total integrated process for managing credit risk, ranging from the risk assessment of a single obligor to the risk measurement of an entire portfolio.

This expert learning tool introduces the principle concepts of credit risk analysis?explains the techniques used for improving the effectiveness of balance sheet management in financial institutions?and shows how to manage credit risks under competitive and realistic conditions. Credit Risk Management presents step-by-step coverage of:

• The Credit Process_discussing the operational practices and structural processes to implement and create a sound credit environment
• The Lending Objectives_explaining the credit selection process that is used to evaluate new business, and describing how transaction risk exposure becomes incorporated into portfolio selection risk
• Company Funding Strategies_presenting an overview of the funding strategies on some of the more commonly used financial products in the extension of business credit
• Company Specific Risk Evaluation_outlining some fundamental credit analysis applications that can be used to assess transactions through the framework of a risk evaluation guide
• Qualitative Specific Risk Evaluation_offering additional approaches to risk evaluate a borrower's industry and management
• Credit Risk Measurement_defining the role of credit risk measurement, presenting a basic framework to measure credit risk, and discussing some of the standard measurement applications to quantify the economic loss on a transaction's credit exposure
• Credit Portfolio Management_exploring the basic concepts behind credit portfolio management, and highlighting the distinctive factors that drive the management of a portfolio of credit assets compared to a single asset
• Credit Rating Systems_analyzing the pivotal role that credit rating systems have come to play in managing credit risk for lenders
• The Economics of Credit_showing how the modern credit risk approach has changed the economics of credit in order to achieve more profitable earnings and maintain global stability in the financial markets

Filled with a wide range of study aids, Credit Risk Management is today's best guide to the concepts and practices of modern credit risk management, offering practitioners a detailed roadmap for avoiding lending mishaps and maximizing profits.

Credit Risk Management is a comprehensive textbook that looks at the total integrated process for managing credit risk, ranging from the risk assessment of a single obligor to the risk measurement of an entire portfolio.

This expert learning tool introduces the principle concepts of credit risk analysis?explains the techniques used for improving the effectiveness of balance sheet management in financial institutions?and shows how to manage credit risks under competitive and realistic conditions. Credit Risk Management presents step-by-step coverage of:

• The Credit Process_discussing the operational practices and structural processes to implement and create a sound credit environment
• The Lending Objectives_explaining the credit selection process that is used to evaluate new business, and describing how transaction risk exposure becomes incorporated into portfolio selection risk
• Company Funding Strategies_presenting an overview of the funding strategies on some of the more commonly used financial products in the extension of business credit
• Company Specific Risk Evaluation_outlining some fundamental credit analysis applications that can be used to assess transactions through the framework of a risk evaluation guide
• Qualitative Specific Risk Evaluation_offering additional approaches to risk evaluate a borrower's industry and management
• Credit Risk Measurement_defining the role of credit risk measurement, presenting a basic framework to measure credit risk, and discussing some of the standard measurement applications to quantify the economic loss on a transaction's credit exposure
• Credit Portfolio Management_exploring the basic concepts behind credit portfolio management, and highlighting the distinctive factors that drive the management of a portfolio of credit assets compared to a single asset
• Credit Rating Systems_analyzing the pivotal role that credit rating systems have come to play in managing credit risk for lenders
• The Economics of Credit_showing how the modern credit risk approach has changed the economics of credit in order to achieve more profitable earnings and maintain global stability in the financial markets

Filled with a wide range of study aids, Credit Risk Management is today's best guide to the concepts and practices of modern credit risk management, offering practitioners a detailed roadmap for avoiding lending mishaps and maximizing profits.

Table of Contents:

1 INTRODUCTION

2 THE CREDIT PROCESS

3 WHAT ARE THE LENDING OBJECTIVES

4 COMPANY FUNDING STRATEGIES

5 COMPANY SPECIFIC RISK EVALUATION

6 QUALATIATIVE SPECIFIC RISK EVALUATION

7 CREDIT RISK MEASUREMENT

8 CREDIT PORTFOLIO MANAGEMENT

9 CREDIT RATING SYSTEMS

10 THE ECONOMICS OF CREDIT